Village buys former Kohl's store at now-closed suburban mall with plans for 'meaningful development'

Village buys former Kohl's store at now-closed suburban mall with plans for 'meaningful development'

The Village of Carpentersville has agreed to buy the last available property at the now-shuttered Spring Hill Mall — the recently-closed Kohl’s store. Village Attorney Bradford S. Stewart announced the agreement to purchase the Kohl’s for $2 million in a memo to village trustees Tuesday. “While the Village has generally abided by the policy of not becoming an investor in commercial property, the Kohl’s location is integral to the Village’s ongoi…