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Chicago & Midwest  + North Side  + Retail  | 

Chicago-Born Sears to Close Its Last Chicago Store

The retailer founded in Chicago in 1893 soon will no longer operate a store there. Sears Holdings told employees at its Six Corners location, its last one in the city, that the store would close in July.

The Chicago Sun-Times reported that Seritage Growth Properties, the REIT that Sears spun off in 2015, had exercised its option to reclaim the store at 4730 W. Irving Rd., one of 265 that Sears sold to Seritage. “We have proudly served our members and customers on Chicago’s Northwest Side for the last eight decades,” Sears said in a statement.

Alderman John Arena, whose district includes the Six Corners site, said his office hasn’t received a proposal for the property from Seritage. However, he told the Sun-Times, “I’m optimistic that we will get to a place that meets the standards we have established for Six Corners.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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