Costco - IMD

1430 S. Ashland Ave.

Chicago’s second Costco store opened in June 2012 within the Illinois Medical District on the Near West Side. The $48.5 million, 161,000-square-foot store offers more than 3,600 products ranging from groceries to furniture. Staffed by 125 people, the store is expected to generate $27 million in new sales taxes over a 12-year period. 

DPD Assistance: 

•  $2.5 million property tax incentive

•  Planned Development (PD) approval

Supporting Information Facts