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updated: 7/26/2011 2:09 PM

Deal for old Hoffman Estates police station falls through

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  • The deal to turn the former Hoffman Estates police station into a car dealership has fallen through.

       The deal to turn the former Hoffman Estates police station into a car dealership has fallen through.
    DANIEL WHITE | Staff Photographer

 
 

For now, prospective luxury car purchasers in Hoffman Estates won't be able to browse the lot while greeted by the sweet aroma of White Castle.

That's because a deal for an Audi dealership at the former Hoffman Estates police station has fallen through.

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Hoffman Estates officials said Monday that representatives from Hall Racing LLC failed to secure financing for the luxury auto dealership that would have been at the former police station at Golf Road and Gannon Drive, across from the White Castle drive-through.

Hall would have moved Schaumburg Audi, 320 W. Golf Road in Schaumburg, west to the new Hoffman Estates location.

The board on Monday voted to rescind the deal with Hall to sell the property. The village board approved the proposal almost a year ago.

Deputy Village Manger Dan O'Malley said the dealership could still happen if Hall comes up with the money.

The purchase price for the 6.7-acre site was $2.7 million, and Hall planned to finish construction by the end of 2011. The village offered the dealership up to $250,000 in incentives to demolish the old police building and move in.

Village officials projected the dealership to bring $400,000 in sales taxes to Hoffman Estates and $45,000 in property taxes annually.

Hoffman Estates police moved into a new station last year at 411 W. Higgins Road. Since then, the village have pondered what to do with the old building.

Prior discussions for the old police station including having a local theater group rent out the facility.

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