Marketplace At Six Corners
NEC Cicero Avenue, Irving Park Road and Milwaukee Avenue
Chicago, IL 60641
Size: 11 acres
Anchors: Sears, Jewel-Osco and Marshalls
Financial Structure: Capital stack included public financing by the City of Chicago, including Tax Increment Financing (TIF) and conventional bank debt financing. To this day Six Corners is noted as one of the best examples of a successful TIF district in the City of Chicago.
Completed: 1996
Sold: 1998
In fill urban development encompassing 340,000 square feet (220,000 square feet renovated Sears, plus construction of a 70,000 square foot Jewel-Osco and 50,000 square feet of additional retail).