Chicago's iconic Damen Silos finally purchased

CHICAGO - A buyer has been announced for Chicago’s iconic Damen Silos.

The 23-point four-acre property is a collection of grain elevators that the state has owned since 1928. They were featured in a recent "Transformers" movie.

The buyer operates a fleet for waste hauling and off-site storage.

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The silos were first built in 1906 and had the capacity for 400,000 bushels of grain.