The former township headquarters, 31W236 91st St. in Naperville, sold last week to Marker 227 LLC, pension fund that reportedly paid $439,900 for the property. According to township supervisor Chuck Kern, that's nearly $100,000 more than the building's appraised value of $340,000.
Kern said he has not spoken to the buyer, but has heard the company plans to lease the facility, which was gutted last year after a slew of building code violations came to light.
Rather than renovating that property, newly elected township officials in August won approval from voters to move the supervisor's and assessor's offices into the Wheatland Township highway department building, 4232 Tower Ct. in Naperville.
Kern has estimated that renovations on the Tower Court building will cost roughly half a million dollars. He said remodeling could start as soon as next month.
End of an eraThe sale of the 91st Street property marks the end of a heated chapter in Wheatland Township history. The building was the center of a battle between the previous township board majority and residents in 2011.
Under former supervisor Todd Morse, plans were in the works to build a new facility on a nearly two-acre parcel of land on 103rd Street. But voters balked at the proposal, and held a special meeting of electors. Residents voted overwhelmingly to scrap the plan, and ultimately directed the township board to sell the 103rd Street land.
The 103rd Street property remains for sale with an asking price of $299,000.
"We're awaiting some offers on that," Kern said. "We don't have anything hot right now."