Chicago Cheat Sheet: Bulls great Kukoc selling Highland Park mansion…& more

Also, McCaffery-led venture in line for tax incentives for former Ickes site redevelopment

Chicago /
Apr.April 12, 2019 05:12 PM

Toni Kukoc and 1830 Hybernia Drive (Credit: Facebook and Truila)

Former Bull lists Highland Park home

Toni Kukoc, former star forward for the Chicago Bulls, is selling his Highland Park mansion. Kukoc and his wife, Renata, listed the six-bedroom home at 1830 Hybernia Drive for $1.2 million. The couple bought the 5,000-square-foot house in late 1993 for about $1.2 million. The native of Croatia played for the Bulls from 1993 until 2000, winning three NBA titles. He retired from the league in 2006. Ted Pickus of @properties has the listing. [Chicago Tribune]

Massive mixed-use complex on Near South Side in line for city incentives

McCaffery Interests and Boston-based Community Builders would receive up to $17 million in tax increment financing incentives for their planned Southbridge complex on the Near South Side. Mayor Rahm Emanuel introduced a measure to provide the TIF funding and other incentives for the project on the site of the former Harold Ickes Homes public housing complex. Plans call for as many as 972 apartments, 60,000 square feet of retail space, sports fields, a running track and pedestrian plazas on the 20-acre site. [Connect Media]

CA adding warehouse to Elk Grove Village retail site

CA Ventures plans to build a 146,000-square-foot industrial building on part of an existing strip mall in Elk Grove Village. The building would be developed on the west side of the Devon Avenue Market shopping center at Devon Avenue and Tonne Road. While most of the $7.3 million project would rise on vacant land, it would require demolition of more than two-thirds of the shopping center. [Daily Herald]

Related records another pricey condo sale in One Bennett Park

A McDonald’s executive is the latest buyer of a luxury condo in Related Midwest’s One Bennett Park tower. Michael Gonda, the new vice president of global communications for McDonald’s, and his wife paid $2.6 million for a unit on the 45th floor of the building at 451 East Grand Avenue. Chris Pertile of @properties represented the Gondas. Erin Ward and Gwen Farinella of Related Midwest Sales represented the developer. [Crain’s]

Back in time: Sausage will be made at former Stockyards

Amylu Foods is building an 84,000-square-foot meat processing plant at 1400 West 44th Street in the Chicago’s Stockyards Industrial Park. The new sausage-processing facility will include 56,000 square feet of production/cold storage space and 16,500 square feet of office space. Meridian Design Build recently began construction on the project designed by Harris Architects. Civil engineering services are being provided by Kimley-Horn. [REJournals]


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