City of Austin Agenda City Council Meeting 2026-06-16
$10.5M Real Estate Sale to Habitat Development Approved
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Description
Northbrook approved a $10.5 million sale agreement for Lot 2 of 1657 Shermer Road with The Habitat Development Company LLC. The agreement includes due diligence, zoning, and TIF review provisions.
Contract Details
Contract Amount
$10,500,000
Vendor
HABITAT DEVELOPMENT COMPANY LLC
Agency
Northbrook village, IL
Contract Type
OTHER
Document Date
June 16, 2026
Renewal Info
Sale agreement; subject to closing, due diligence, and regulatory conditions.
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City of Austin Agenda City Council Meeting 2026-06-16
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