ARLINGTON HEIGHTS (WBBM NEWSRADIO) - The Chicago Bears want a refund.
In hopes of cutting down the bill at the former Arlington International Racecourse, the Bears have filed a request with the Illinois Property Tax Appeal Board. They’re asking for a reevaluation of the 2023 assessment of the more than 300 acre property.
The franchise purchased the space last year for nearly $200 million. The Cook County Board of Review recently ruled that same space to be $125 million.
In recent months, the Bears have focused their attention on a new downtown stadium rather than building one in Arlington Heights.
The Bears are reportedly seeking a refund around $7 million .
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