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Speedway to Buy Gas City Stations in Frankfort, Surrounding Area

The Ohio-based gas station and convenience store chain placed winning bids on Gas City properties throughout the South Suburbs.

  • CORRECTION (3:58 p.m. April 12)--An earlier version of this story incorrectly stated court approval of the sale would be Thursday of this week. Court approval is set for Wednesday. We regret the error.

Speedway LLC is the potential buyer of multiple Gas City stations in the area, including Frankfort, Mokena and New Lenox, according to court documents.

Last week, the Frankfort-based Gas City . On Wednesday, a U.S. Bankruptcy Court judge in Chicago will decide whether to approve the sale of those stations. After that, Gas City will work with the indivdual buyers to close the sales of the properties.

Speedway, which is owned by Marathon Petroleum Co., is an Ohio-based chain of gas stations and convenience stores with locations throughout the Midwest. A spokesman for Speedway said he could not comment on the purchases until the sales process was complete.

Other potential buyers of Southland stations are Alimentation Couche-Tard, a Canadian convenience store company that also operates Circle K outlets; and HomeStar Bank and Financial Investments, a community bank headquarted in Kankakee County.

The following charts list the winning bidders of Gas City stations in the area, as well as their bids. Information was collected from court documents. 

Frankfort

Address 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.
Speedway $6,338,829

Mokena

Address 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

New Lenox

Address Buyer Bid 939 S. Cedar Road Speedway $2,222,957 570 Laraway Road Speedway $2,200,000

Darien

Address Buyer Bid 10250 Lemont Road Speedway $3,245,237

Homer Glen

Address 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

Naperville

Address Buyer Bid 3004 Reflection Dr. Speedway $3,457,580

Orland Hills

Address Buyer Bid 9390 W. 171st St. Alimentation Couche Tarde $650,000 16707 S. LaGrange Road Alimentation Couche Tarde $1,650,000

Oswego

Address Buyer Bid 4032 Route 34 Speedway $1,060,500

Palos Park

Address Buyer Bid 13059 S. LaGrange Road Alimentation Couche Tarde $2,843,540

Romeoville

Address Buyer Bid 1300 Normantown Road Speedway $6,156,038

Shorewood

Address Buyer Bid 900 Brookforest Dr. Speedway $3,500,000

Tinley Park

Address Buyer Bid 18460 80th Ave. Speedway $5,232,806
john bruno April 12, 2011 at 05:15 PM
Was the land sold with the business or did he get to keep the land and charge "rent"? Anyone know?
Joe Vince (Editor) April 12, 2011 at 05:37 PM
@john bruno According to the court documents, the sale is for all the assets owned by Gas City, so that includes the stations and the real estate. Joe Vince Local Editor, Frankfort
Michael LaVieri April 12, 2011 at 06:12 PM
Has anyone heard of the status of the Illinois, Indiana, Arizona truckstops?
Joe Vince (Editor) April 12, 2011 at 06:26 PM
@Michael LaVieri The stations in the rest of this state and Arizona and Indiana were all purchased. U.S. Bankruptcy Court has them listed, but we only posted the stations relevant to the area. If there are specific stations you want to know about, e-mail me at joev@patch.com. Joe Vince Local Editor, Frankfort
colleentriana April 12, 2011 at 06:52 PM
All good - glad they will stay open, good for the economy.
Kk0927 April 12, 2011 at 11:43 PM
What about the thousands of employee's
Black Sheep April 13, 2011 at 12:52 AM
Unfortunately the employees have been left in the dark! Gas City promised that we would all be told before it hit the streets. Employees are finding out when the new owners come in and introduce themselves. Pretty disrespectful if you ask me. Especially to the employees who have busted their butt to build the business and have been around for many years! Absolutley no excuse for them to not address the matter by now!
Cheryl April 13, 2011 at 12:38 PM
That is really sad and unprofessional not to inform the employees. Just to prove they are only concern about themselves. It is just common courtesy, but I am not surprise.
Kk0927 April 13, 2011 at 01:06 PM
That is just upsetting how many people it will affect
Templeton Simon April 15, 2011 at 06:28 PM
Does anyone know who bought the Gas City in Kankakee on 57?
Joe Vince (Editor) April 26, 2011 at 10:20 AM
@Bob: I deleted your comment because it was an unprovoked personal attack on another commenter. There is no reason for that kind of behavior on these comment boards. Joe Vince Local Editor, Frankfort
Pam D. April 27, 2011 at 02:12 AM
I am replying to Bob's ??? comment. I am a former employee and am appalled that anyone would say anything about this employee. Michael La Vieri was laid off from one of the Gas City locations in a downsizing effort. The financial situation and difficulties of the company required a drastic measure. He worked at the location for over 8 years and was one of the better bosses that I worked for. He was tough but considerate with all the employees. He was not terminated for stealing, This is absurd, the man devoted 12 or more hours a day and worked every position in the facility. I know for a fact the company was very generous with a severance package that included benefits and vacation. He always praised the upper management and knew that they were in a tight bind. Unfortunatley there were a few employes that had sour grapes, as does every company. I feel so sorry for "BOB"??. He or she is probably is scared that they will be the one that is eliminated once the transition occurs. I can understand in this economy that employees have issues, but why would anyone be so vindictive to ruin someone's commitment and passion to his employees and to his employer. Shame on you Bob, hope your personal life is better than your work life.
Joe Vince (Editor) April 29, 2011 at 03:14 PM
Everyone: Leave the name calling and accusations for another time. When you're commenting on stories at Patch, you should be respectful and treat others as you would like to be treated. That doesn't mean you have to agree with them, but it does mean you should behave like a civil, mature adult. Joe Vince Local Editor, Frankfort
Black Sheep April 30, 2011 at 01:36 AM
For those of you who wished bad things on Bill McEnery and company...Now there are hundreds of employees out of jobs!
Smile More May 08, 2011 at 10:19 PM
What happens to Gas City Rewards Program Points? I have accrued over 70,000 reward points worth over $70 for gas and store. Employees give different answers every time. Will the rewards program expire on a certain date? Or will the new owners continue to honor the Rewards program or transfer points to their programs? BTW I have spent literally thousands of dollars at Gas Cities and with one exception have always found the stores clean and the employees effervescent with enthusiam to great customer service. That one exception was a young man seemingly incapable of answering my question and possessing an IQ under 80 imo. My fav store & employees is the corner of hwy 45 & Manhattan/Monee Rd. Always friendly and worthy of conversation outside of making a purchase. Thanks Girls for making me feel important! Woof!
Dan May 09, 2011 at 01:53 AM
All of them except the one in New Lenox at Cedar Rd. I think, will be changed over this week. The one in New Lenox will stay as a gas city till the end of the month. So you might want to buy a tank of gas. They will be shutting off all Eelectronic data services soon (atm,credit cards, etc). I used the last of my points today. The one at Laraway and Briggs is already a Shell. It's a gohst town in thier.
wess ????? May 14, 2011 at 12:47 AM
Bill McEnery President and his daughter Billy Vice President of Gas City had to stick it to the public one more time before leaving Gas City for good! For failing to give the public enough notice to redeem there gas rewards points before turning over those locations to there new owners. Remember everyone these individuals now operate the local Creamery's fast food locations so do not support there efforts.
chad dotzenrod May 15, 2011 at 06:51 PM
So many immature comments. Get over it. Businesses fail and better competitors take over.
Vince Turner May 17, 2011 at 02:39 AM
Good luck to the employees of Gas City who are out of a job, but good riddance to the overpricing. I can't believe they lasted as long as they did. I guess people just don't pay attention to what they're paying in exchange for convenience or habit. I have a routine of spending $7.40 every morning at Speedway. Unfortunately I had to take a different route one day, so I stopped at a Gas City and the same items cost me just under $10. I felt like an idiot and never went back. True story
mh May 18, 2011 at 07:18 PM
does anyone know what will happen to the corporate headquarters?
Jim Ford March 17, 2013 at 06:41 PM
Mike Lavieri was the biggest snake of them all. A theif and jealous lier
Gina g March 17, 2013 at 11:41 PM
Funny that Jim ford would ever say anything like that about a former hard working employee. Jim was jealous of mike and I know that for a fact. He never got the respect from bill that mike did. Bill loved mike and Jim was jealous. Mike was a extremely hard worker and dedicated everything he ever had to gas city! I'm pretty sure Jim was the thief from what I heard... Jim don't throw stones when your glass house is the first street on the block. Xo
Lou lee March 18, 2013 at 01:22 AM
I agree Gina! Someone that is guilty is always the first to speak to take everyone down with them. Shame on ANYONE who thinks that Mike was anything short of a Great boss and employee.

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