Allstate seeks rare re-annexation for its former headquarters site in suburban Chicago; Move geared to help Opus’ industrial redevelopment at long-vacant South Barrington campus

  • 4/14/2026

|

The Real Deal

|

Paywall icon
• Subcategory:
• Additional Filters-Subcategory:
• Additional Filters-Tags:

Highlights
Allstate is seeking to re-annex its former 67-acre headquarters site back into South Barrington, a municipality it disconnected from just over a year prior.
The move is connected to a pending sale to Opus, which plans to redevelop the long-vacant campus into a light-industrial complex with three industrial buildings.
Re-annexation would subject the project to village oversight, potentially unlock incentives, align with local planning priorities and allow South Barrington to regain control and capture future tax revenue.

The Opus Group
Alex Vulic | VP, Development-Midwest

Additional Filters

Subcategory
Tags