Wal-Mart Subsidies in Glenwood, IL
Store Details
City Glenwood
State IL
Address 103 Holbrook Road
ZIP code 60425
County Cook
Type of Facility discount store
Year Opened 2005
Value of Subsidies more than $2 million

Narrative
The Village of Glenwood is reimbursing Wal-Mart for development costs through tax increment financing. The maximum reimbursement amount is just over $2 million plus 4% interest per year from the date that Wal-Mart incurred the costs until they are repaid (this includes any costs incurred before the redevelopment agreement went into effect).

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