CHICAGO–(ENEWSPF)–July 1, 2014. The Illinois Department of Transportation announced today the acquisition of Bult Field, a general aviation airport and a key component of the state’s overall plan to develop the South Suburban Airport. The purchase, which closed this week, was for $34 million.
The transaction covers 288 acres, including the airport’s 5,000-foot runway, taxiway, hangars and terminal, as well as additional farmland surrounding the airfield near Monee.
“This acquisition marks a defining milestone for…
