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Inspired by Somerset Development has begun the second phase of Bell Works Chicagoland, a $200M redevelopment of the former AT&T campus in Hoffman Estates, IL. The full buildout will deliver 1.6M sq. ft., including 1.2M sq. ft. of office, 60K sq. ft. each of retail and conference space, plus 164 townhomes. The current phase adds 430K sq. ft. of office, 35K sq. ft. of suites, and 70K sq. ft. of retail, with completion expected by late 2026.
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According to the 2020 US census, the population of Chicago, IL was 2,748,331.
The forecasted population for Chicago, IL in 2026 is 2,718,574.
The projected population for Chicago, IL in 2030 is 2,692,739.
The average property price in Chicago, IL is $334,030.
The property prices in Chicago, IL are currently on an increasing trend.
The average rent value in Chicago, IL is $2,342.
The average household income in Chicago, IL is $100,347.