North Park School Bus Complex Proposed for Property Tax Incentive

October 4, 2023

Department of Planning and Development    312.744.9267

The recent $820,000 renovation of a school bus facility in North Park would be supported by a Cook County Class 6(b) property tax incentive proposed to City Council today by Mayor Brandon Johnson. 

The Infinity Operations project at 5740 N. Tripp Ave. included a partial demolition and renovation of a 75,000-square-foot industrial building for use by Compass Transportation, which provides bus transportation for local students. Infinity purchased the vacant structure in September 2021 for $4.2 million. 

The incentive would reduce taxes on the property by $781,000 over the next 12 years. 

The Class 6(b) incentive encourages the redevelopment and rehabilitation of underutilized commercial and industrial properties. 


News Release Facts

People We Serve:
Programs & Initiatives: