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The company has generated significant buzz with its inaugural models, which feature 300-plus miles of range, go from zero to 60 mph in three seconds and start at $73,000 for the R1T truck and $75,500 for the R1S SUV, offset by a $7,500 federal tax credit for electric vehicles. The first trucks rolled off the line in September, while the SUV is expected to launch in December, according to the IPO filing.
The listing is a Lake Geneva record, and it stands as one of the highest asking prices in history in the Midwest. In Chicago, Richard Parrillo’s six-bedroom, 25,000-square-foot Lincoln Park mansion once was listed for $50 million and then was lowered to $45 million, and it’s nominally still on the market, although its agents aren’t allowing any showings.
“Honestly, I really don’t understand a woman of color carrying the water for a guy who’s demonstrated over and over again he’s racist, he’s a misogynist, he’s xenophobic, he hates immigrants and refugees, he stands in support of the 1/6ers,” Lightfoot said, in an apparent reference to Catanzara’s history of inflammatory online posts, for which he faces potential firing from the Police Department. “I think people in her ward need to ask, why is it this alderwoman is carrying the water for a guy like that?”
The Levys’ penthouse has one of the highest asking prices for a Chicago condo, trailing only the 14,260-square-foot penthouse on the 89th floor of the Trump International Hotel & Tower, which is listed for $30 million; a 71st-floor penthouse in the St. Regis Chicago, which is under contract with a $18.5 million asking price; an 8,000-square-foot duplex penthouse atop the co-op building at 1500 N. DuSable Lake Shore Drive, which is available for $16.9 million; and a 65th-floor penthouse in One Bennett Park, which is available for $15.17 million.
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It also calls for reducing the price of 30-day passes, reflecting changing commuting habits as many employees have yet to return to offices full time. Full-fare monthly passes would cost $75, down from $105, and reduced-fare monthly passes would cost $35, down from $50. Reduced-fare monthly passes are available to senior citizens and passengers with disabilities.
A sign greets medical staff and patients at St. Alexius Medical Center in Hoffman Estates on Wednesday, April 29, 2020 during the coronavirus pandemic. AdventHealth and Ascension have decided to unwind the partnership under which they’ve been operating Amita Health, which has 14 acute care hospitals in Illinois. (Brian Cassella / Chicago Tribune)
“The biggest influence is that the Federal Reserve is poised to start dialing back their bond purchases as soon as next month,” said Greg McBride, chief financial analyst for Bankrate. “However, in the months ahead inflation will likely be the single biggest determinant of what happens with mortgage rates. Whether or not they go higher, and if so, how much higher.”
The team likely would need to get preliminary approval from the village board for its plans to close the sale, Hayes said. As with any large development, the team also would likely need approval from the village plan commission, design commission, engineering, public works, and legal departments. There would be public hearings, Hayes said, so residents and others could weigh in on the issue.
Cindy Waidanz poses for a portrait at Portillo’s on Oct. 20 2021, in Downers Grove, Ill. Waidanz has been a fan of the company’s food since she was a kid growing up near the original hot dog stand in Villa Park. (Armando L. Sanchez / Chicago Tribune)