A U.S. Bankruptcy Court judge in Chicago approved Wednesday the sale of Gas City's 50 stations in Illinois, Indiana, Arizona and Florida to 14 bidders, according to Crain's Chicago Business report.
as part of the company's bankruptcy protection filing. The next step is for Gas City to negotiate with the individual buyers, said Daniel Zazove, the attorney representing the Frankfort-based company in the sale, last week.
Since Frankfort Patch , we've received multiple requests for the buyers of Gas City's stations, so we're running the complete list, taken from court documents. Addresses only are provided for area stations. Go here to find the locations of the station numbers listed.
ChicagoStation Buyer How much No. 70 Angel Associates Limited Partnership $555,550
DarienAddress Buyer Bid 10250 Lemont Road Speedway $3,245,237
FrankfortAddress Buyer Bid 22310 S. LaGrange Road Speedway $2,586,723 855 S. Center Road Speedway $1,312,722 11151 W. Lincoln Hwy. Speedway $3,830,033 19730 S. Harlem Ave.
Homer GlenAddress Buyer Bid 12502 W. 143rd St. Speedway $2,372,139 15060 S. Bell Road Speedway $2,415,675 15551 W. 143rd St. Speedway $2,854,893
JolietStation Buyer How much No. 52 MKM Oil $1,493,659
KankakeeStation Buyer How much No. 29 Speedway $5,340,458
ManteenoStation Buyer How much No. 9 MKM Oil $2,489,546
MokenaAddress Buyer Bid 19855 S. LaGrange Road
Speedway $5,296,628 18701 S. Wolf Road
Speedway $3,560,633 19855 S. 96th Ave. HomeStar Bank and Financial Services $620,000