Get all your news in one place.
100's of premium titles.
One app.
Start reading
Chicago Sun-Times
Chicago Sun-Times
National
Fran Spielman

Chicago Skyway sold — again — generating windfall for beleaguered taxpayers

The Chicago Skyway has been sold again. (Sun-Times file photo)

The Chicago Skyway is changing hands — for the second time in seven years — generating another transaction tax windfall for Chicago taxpayers. 

Canadian pension plans that control the Skyway were looking to sell their one-third stakes for a handsome profit that valued the overall roadway at $4 billion, courtesy of drivers forking over tolls that have risen steadily since the city leased it to private operators in 2005.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.