Commission on Chicago Landmarks Approves Tax Incentive For Loop Hotel
The Commission on Chicago Landmarks has approved the final certification for tax incentives for the Chicago & North Western Railway Office Building at 226 W Jackson Boulevard in the heart of downtown The Loop. The historical building recently went through a full rehab converting it into a dual-flag Hilton hotel, located on the corner of Jackson Boulevard and S Franklin Street. The approval grants the project a Class L Property Tax Incentive which will provide it with tax breaks for the next 12 years.