City Approves Option Agreement with Shelton Companies
Trusted by teams at
Description
Shelton Companies, Inc. was granted an exclusive option and license to lease, rehab (approx. $100,000), and purchase a vacant City lot, supporting company expansion.
Contract Details
Contract Amount
$100,000 (estimated rehab cost)
Vendor
SHELTON COMPANIES INC
Agency
City of Chicago Heights, IL
Contract Type
OTHER
Document Date
January 21, 2026
Contract Term
1 year option with intent to purchase after lease
Renewal Date
2027-01-21
Renewal Info
1-year lease with purchase option after rehabilitation; renewal or continued use contingent on future purchase execution.
More from SHELTON COMPANIES INC
More from City of Chicago Heights
City of Chicago Heights Agenda Regular City Council Meeting 2026-06-03
City of Chicago Heights Agenda Regular City Council Meeting 2026-06-03
City of Chicago Heights Regular City Council Meeting Agenda 2026-05-20
City of Chicago Heights Minutes Regular City Council Proceedings 2026-05-20
City of Chicago Heights Minutes Regular City Council Proceedings 2026-05-20
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.