Allstate buys Loop building after selling Northbrook campus

CHICAGO (WLS) -- Allstate has purchased a building in Chicago's Loop months after selling most of their Northbrook campus.

The insurance company has purchased a building at 29 North Wacker Drive.

RELATED: Allstate selling Northbrook headquarters could impact local school districts

In a statement a spokesperson said the building may become an investment property or even a new headquarters.

Allstate was a good neighbor in Northbrook for 50 years, but like so many industries feeling the impact of the work-from-home movement, the insurance giant is sold off the majority of its 186-acre corporate campus in October 2021.

Mayor Lori Lightfoot tweeted she is thrilled with Allstate's decision.