“Arlington’s ideal location in Chicago’s northwest suburbs, together with direct access to downtown Chicago via an on-site Metra rail station, presents a unique redevelopment opportunity," CDI CEO Bill Carstanjen said in the statement. News of Arlington’s sale came less than a week after Rivers announced the company would invest $87 million in a 78,000-square-foot expansion to max … When it comes to rescuing the Trib, foundations are MIA. Arlington International Racecourse (formerly Arlington Park, the name was Arlington Park Jockey Club from as soon as 1948 up to 1955 [citation needed]) is a horse race track in the Chicago suburb of Arlington Heights, Illinois. $288,999. 2021 Ticket Sale Schedule. Instead, they’ve complained of prohibitively high taxes on such a “racino” investment while doubling down on their more lucrative Illinois gambling asset: Rivers Casino in nearby Des Plaines. It is also pursuing another casino license in Waukegan and ramping up its sports betting offering: About 23 percent of the nearly $492 million bet on pro and college sports statewide last month was done through Rivers, including in-person and online wagers, according to data from the Illinois Gaming Board. Churchill abruptly reversed course, deep-sixed that Arlington development plan, and instead devoted itself to ensuring that Arlington could not become a gaming competitor to Rivers," the statement said. On Sale July 7th: Race Dates August 1st – August 28th . Arlington Race Track Promo Code. Arlington Knolls is located in Arlington Heights, Illinois south of Palatine Road and west of … Know about breaking news as it happens. The best source in Chicago for exclusive commercial real estate news. Arlington Windbreaker. The Company is committed to running Arlington’s 2021 race dates from April 30 – September 25. The track is a 350yard long concrete oval with banked corners and an armco barrier. "We expect to see robust interest in the site and look forward to working with potential buyers, in collaboration with the village of Arlington Heights, to transition this storied location to its next phase.". The race meet, expected to be the track's last, opens Friday and runs through Sept. 25. Carstanjen telegraphed CDI's intent to sell the track when he said last summer that neither horse racing nor any other type of gambling was in the venue's long-term future. On Sale May 12th: Race Dates June 3rd – June 26th. "Churchill is just trying to obfuscate from the fact that it cares only about maximizing profit and will gladly sacrifice the spirit of Illinois law and the livelihood of working Illinoisans to serve its greed.”, The statement continued, "Illinois owners and trainers are appalled by Churchill’s contempt for live racing and the working men and women, from backstretch workers to breeders, who have devoted themselves to Illinois racing and who depend on racing opportunities and overnight purses to support themselves and their families.". The Illinois Thoroughbred Horsemen's Association issued a statement in response to CDI's announcement, blasting the track owner for a move the ITHA said "will renege on its longstanding promise to preserve and grow jobs in Illinois racing while also serving the best interests of Illinois taxpayers.". ... Race Track Real Estate at Autobahn Country Club: 10: IL/Joliet $200,000. Regular one-way fare $6.75. Arlington Park Race Track Up For Sale Feb 24, 2021 @ 11:24pm . But why? TRACK WALK. Monday-Friday at 7 a.m. A roundup of the day's important business news. Advertise. Or tell us on our Facebook page or on Twitter, @CrainsChicago. Arlington hosts more thoroughbred racing days each year than either of the other two active horse racing tracks in Illinois—Hawthorne Race Course in Stickney and Fairmount Park downstate outside St. Louis—making it the state's highest-profile racing venue for a sport gradually dying with an aging fan base. Spencer Green,File) The owners of Arlington Park in northwest suburban Arlington Heights are putting the horse-racing track up for sale. Under Illinois' 2019 gambling expansion bill, CDI and the other tracks won the right in 2019 to add gambling positions at the venue, something track owners have sought for years to help them stay afloat. Arlington International Racecourse, 2200 W. Euclid Avenue, Arlington Heights, IL 847-385-7500. 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