University Office of Capital Programs and Real Estate Services
Exemption #03052026MM
Announcement of an Exempt Purchase
Award Info Published Monday March 9, 2026
South Wacker Chicago Real Estate Holding Inc.Chicago, IL
- Amount: $23,750,000
- Terms: One-time transaction
Summary
Vendors
1 total
0 BEP vendors
0 VBP vendors
0 Small businesses
The University award process may be delayed as this award goes through a state approval process.
First published Monday, March 9, 2026
The University awarded a contract for Acquisition of 250 S. Wacker Dr., Chicago, IL..
Purchased 250 S. Wacker Dr., Chicago, IL, on 2/27/2026. Purchase amount was $23,750,000.00.
This purchase is exempt from the usual selection processes of the Procurement Code because the procurement expenditure is for a real estate property purchase valued over $25,000. (30 ILCS 500/1-10(b)(6)) Posting per 30 ILCS 500 / 1-10(6)
For instructions on how to obtain a comprehensive purchase description, disclosure or contract forms, contact:
Candy Deaville
Phone: (217) 300-7345
Phone: (217) 300-7345
The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.