File #: 25-0330    Version: 1 Name: 3300 Holeman, LLC
Type: Resolution Status: Approved
File created: 12/1/2024 In control: Business and Economic Development Committee
On agenda: 1/16/2025 Final action: 2/6/2025
Title: PROPOSED RESOLUTION 3300 Holeman, LLC CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER) WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b Sustainable Emergency Relief (SER) application containing the following information: Applicant: 3300 Holeman, LLC Address: 3300 Holeman Avenue, Steger, Illinois Length of time at current location: 30 years Length of time property under same ownership: 30 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 31 Years Municipality or Unincorporated Township: Village of Steger Cook County District: 6th District Permanent Index Number(s): 32-33-331-020-0000 32-33-331-021-0000, 32-33-331-022-0000, 32-33-331-023-0000, 32-33-331-024-0000 Municipal Resolution Number: Village of Steger, Ordinance No. 1285 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: ...
Sponsors: TONI PRECKWINKLE (President), DONNA MILLER
title
PROPOSED RESOLUTION

3300 Holeman, LLC CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)

WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b Sustainable Emergency Relief (SER) application containing the following information:

Applicant: 3300 Holeman, LLC

Address: 3300 Holeman Avenue, Steger, Illinois

Length of time at current location: 30 years

Length of time property under same ownership: 30 years

Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes

Age of the Property (Building): 31 Years

Municipality or Unincorporated Township: Village of Steger

Cook County District: 6th District

Permanent Index Number(s): 32-33-331-020-0000 32-33-331-021-0000, 32-33-331-022-0000, 32-33-331-023-0000, 32-33-331-024-0000

Municipal Resolution Number: Village of Steger, Ordinance No. 1285

Evidence of Economic Hardship: Yes

Number of blighting factors associated with the property: Three (3) blighting factors, Obsolescence - the physical structure where ceiling heights do not meet today's warehousing standards. Deleterious - placement of the building does not allow for an off-street loading area. Excessive land coverage - the building size is disproportionate to the lot size. Limited parking areas due to building lot coverage.

Has justification for the Class 6b SER program been provided: Yes

Proposed use of property: Industrial use - warehousing, manufacturing and distribution

Living Wage Ordinance Compliance Affidavit Provided: Yes

WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b Sustainable Emergency Relief (SER) that provides an applicant a reduction in the assessment level for a long-term existing industrial enterprise that meets the qualifications of the SER program; and

WHEREAS, the Cook County Classification System for Assessment requires that an applicant under the Class 6b SER program ...

Click here for full text