Board approves Class 6(b) tax incentive for industrial expansion and $50,000 buildout grant for Sunbury Orchard Market
Get AI-powered insights, summaries, and transcripts
Sign Up Free
Summary
Trustees approved a Cook County Class 6(b) tax classification for a 15,000 sq ft cold-storage expansion at 199 Shepherd Avenue and unanimously approved a $50,000 buildout grant for Sunbury Orchard Farm Market at Lynn Plaza, citing job creation and new investment.
The Wheeling Village Board on Nov. 3 approved two economic-development items: a resolution consenting to a Cook County Class 6(b) real estate tax assessment for an expansion at 199 Shepherd Avenue (Wheeling Industrial LLC) and a $50,000 restaurant/retail buildout grant for Sunbury Orchard Farm Market at 548B West Dundee Road.
Staff said the 199 Shepherd project would enlarge an existing facility by approximately 15,000 square feet to provide cold storage valued at roughly $2.4 million and would create about nine new jobs. To ensure the incentive applies only to the new construction, trustees required that a legal description for the expansion be inserted into the resolution before finalization.
The Sunbury Orchard applicant, Sergei Bazluk, told the board the Wheeling location would be the company’s largest market at about 7,300 square feet and that renovations are expected to cost north of $400,000; he estimated a 4–5 month timeline to open. The board approved the $50,000 grant on a unanimous roll-call vote. Trustees said the measures support local jobs, attract investment and revitalize commercial corridors.