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Working Lunch Friday, May 16, 2025 | | |
| | | | | It's lunchtime, Chicago. The owner of Pope Leo XIV’s boyhood home in Dolton has slated it for auction in June, with a minimum asking price of $250,000. Homer Glen-based home rehabber Pawel Radzik paid $66,000 last year for the modest, three-bedroom, ranch-style brick house on 141st Place, and he gave it a major overhaul, saying
last week that “80% of it is new." He then listed the home in January for $219,000 before cutting his asking price to $199,900 in February. Upon the naming of the pontiff, Radzik immediately pulled the house from the market. Now, he and his listing agent have teamed up with auction house Paramount for a June 18 auction date. Meanwhile, the Chicago Bears now say they are shifting focus to a new stadium in Arlington Heights, a project that would depend on state legislation allowing for negotiated financing of large-scale development projects. Read that story and more in today's Working Lunch. Top business stories | Real estate | Transportation | | | | His parents sold their longtime house for $58,000 in 1996, and it had two subsequent owners before a rehabber bought it. | | | | | The team has flirted with leaving Chicago and building a facility in Arlington Heights for more than 50 years. | | | | | House Republicans have been talking for months about potentially slashing Medicaid, but this week they unveiled, for the first time, language of a bill outlining exactly how they plan to do that. | | | | | With a lift from major events, the city welcomed 55.3 million visitors last year, up 6.5% over 2023 and setting a post-pandemic high. | | | | | The Tribune is tracking 11 everyday costs for Americans — eggs, milk, bread, bananas, oranges, tomatoes, chicken, ground beef, gasoline, electricity and natural gas — and how they are changing, or not, under the second Trump administration. This tracker is updated monthly using CPI data from the U.S. Bureau of Labor Statistics. | | | | | Community members fear that planting 35 townhomes on the vacant North Side tract could push out the neighborhood’s remaining manufacturers and the jobs they provide. | | | |
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