A pair of property tax incentives approved today by City Council will support the relocation of a North Side car dealer and the rehabilitation of a West Side industrial building.

3456 CHI LLC, 3444-56 N. Kedzie Ave.
A property incentive for 3456 CHI LLC, which operates as Berman Mid City Nissan, will help the company rehabilitate two vacant, industrial buildings in Avondale as a new car dealership. The $19 million project will include a 28,000-square-foot showroom and a 103,000-square-foot vehicle storage and service center. The dealership will relocate from its Irving Park location, retain 70 positions and add up to 80 new jobs at the new site over the next decade. The Cook County Class 7(b) tax incentive lowers property taxes on qualified commercial properties for a 12-year period. Total tax savings are estimated at $5.5 million.

Miller Bay LLC, 5801 W. Dickens Ave.
A property incentive will support the purchase and renovation of a vacant, 110,000-square-foot industrial facility in Austin by Miller Bay LLC. The $1.8 million project will include a new roof, lighting, masonry repair, and upgrades to all building systems. Up to 100 construction and permanent jobs are anticipated to be created by the project. The Cook County Class 6(b) tax incentive lowers property taxes on qualified industrial properties for a 12-year period. Total tax savings are estimated at $148,000.

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