Da Bears in Da 'Burbs: Potential Impact on Real Estate?

[ASFN Admin]

In September, the Chicago Bears signed a $197.2 million purchase and sale agreement for Arlington Park, a 326-acre property in the suburb of Arlington Heights. The move would mean that the team has to pay $84 million in order to break its lease on Soldier Field, which was not set to expire until 2033. Chicago is a phenomenal sports town, with multiple pro teams, so it's natural that this news comes as a major disappointment to the city's football fans.

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