Libertyville’s Bolander Park sale likely delayed again

The deadline for selling Libertyville’s Bolander Park is expected to once again be pushed back.

Libertyville first listed the six-acre site in July 2012, and entered an agreement with a Lake Forest-based townhome developer in November 2013. The land is located along Winchester Road by the railroad crossing.

The company agreed to pay $2.05 million after a land survey is completed. The agreement allowed for a 75-day investigation period, but Libertyville trustees agreed to extend that window on several occasions.

Aug. 23 is the current deadline for closing on the property, but Mayor Terry Weppler said that deadline will most likely be pushed back as well.

“My gut feeling is it will be extended again,” Weppler said. “This is not unusual. The buyer is currently going through our zoning board to get their project approved. There’s a lot of due diligence being done, and both sides are acting in good faith.”

The property includes a 6,000-square-foot building, with numerous practice fields and a multi-purpose rink on the surrounding five acres of land. The rink is used for roller hockey during the spring, summer and fall, but is converted into an ice rink during winter months.

Frequent users of the rink rallied to protest the Bolander sale when Libertyville officials first announced their intentions.

Weppler said the rink will most likely be relocated, and that a committee is now doing research on whether or not the existing boards can be saved. Potential sites for the new rink have not yet been identified.

The rink was first built in 1999 about two years after Libertyville bought the land from Bolander Construction for $1.5 million.

All park and recreation offices were moved into the Bolander building, and many classes were also held in the facility. However, residents approved a 2001 referendum that built the Libertyville Sports Complex.

Most classes and offices are now located in the sports complex, and the Bolander building is largely under-used, Weppler said.

Libertyville officials were also worried about children trying to go between Bolander Park and Butler Lake Park, which is across a train track. Weppler said closing Bolander was the safest option.

“I see no reason why things won’t work out with this prospective buyer,” Weppler said. “Things should be wrapped up by the end of the year, at the latest.”

0 Comments

Modal