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Sunday, May 25, 2025

Tax incentive approved for O'Hare industrial facility

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Ciere Boatright commissioner of the Chicago Department of Planning and Development (DPD) | LinkedIn

Ciere Boatright commissioner of the Chicago Department of Planning and Development (DPD) | LinkedIn

A $52.3 million industrial facility at O’Hare International Airport has been granted a Cook County Class 6(b) property tax incentive. The City Council approved the incentive, which is valued at $2.7 million over a 12-year term.

Aero Chicago II built the 132,394-square-foot facility in 2023, located at 838 Patton Drive. The project is now leased by Worldwide Flight Services and resulted in the creation of 125 full-time jobs and 200 construction jobs.

The Class 6(b) property tax incentive aims to promote industrial development in areas that require revitalization.

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