The U.S. Postal Service finally plans to sell the Old Post Office building in Chicago, which they abandoned more than 10 years ago:
One of the biggest real estate auctions in the city’s history is slated for Thursday, when the U.S. Postal Service is to sell the Old Main Post Office.
And even though the postal service is planning an "absolute auction" — meaning the building is to be sold regardless of price, with a suggested opening bid of just $300,000 — the question remains who will step up for the roughly 279,000 m² building at 433 W. Van Buren St., which straddles the Congress Parkway and has been vacant for more than a decade.
This is the same building into which the Postmaster for Chicago ploughed $1 million to renovate his own office—about 6 months before the USPS moved out.