Economic Development

Federal Life Property

The Village has signed a purchase agreement with the Federal Life Insurance Company for the purchase of their property at 3750 W. Deerfield Road. At the same time, the Village entered into an Intergovernmental Agreement with the Lincolnshire Riverwoods Fire Protection District for the sale of a portion of the Federal Life property for a new fire station.  

The Village is currently in the due diligence period.  The Village Attorney reports at every Board meeting on the progress. Stay tuned for updates.