Title/Name/Summary
A Resolution Designating an Area As Blighted And In Need Of Renewal For The Real Property Commonly Known As 14035 Lagrange Road
History
Mark Rogers of the Law Offices of Liston & Tsantilis, on behalf of GEMCAP Development, LLC is requesting that the Village of Orland Park, support a Cook County 7b property tax incentive. To apply for the incentive, the property must be in a state, local or federally recognized blighted or conservation area. If none already exist, the local municipality can pass a resolution designating the area locally. The Village must also approve a resolution supporting and consenting to a 7b tax incentive for the property.
The applicant has provided documentation that the property has met the necessary criteria for being designated as blighted, per the Cook County ordinance. The findings are summarized below.
The subject property, 14035 LaGrange Road, was most recently occupied by the Chuck Lager’s restaurant. The restaurant closed in July of 2024. The property is approximately 19 years old and currently consists of an approximately 9,000 square foot retail commercial building located on approximately 1.87 acres of land.
After renovations Chicago Project One LLC DBA IBN Hamido Seafood, will use the site as a high-end seafood restaurant. The applicant and potential future occupant are finalizing lease terms, contingent on 7b incentive renewal.
IBN Hamido Seafood is a family-owned Mediterranean and Egyptian seafood restaurant concept with roots in Alexandria, Egypt and an established U.S. presence in Astoria, Queens, New York. The restaurant’s brand is built around an authentic Egyptian coastal seafood model. Customers select fresh seafood from a display counter, choose the preferred preparation style and pair the meal with traditional sides.
IBN currently operates two existing full-service restaurant location in New York City and are hoping to expand to Chicagoland at this location. Subject to approval of the re...
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