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Easter Seals Building Goes On Auction Block

ELGIN, IL-The 38,000-sf Easter Seals Jayne Shover Center on 7.5 acres at 799 S. McLean Blvd. is for sale as the organization decides it needs to explore a sale-leaseback as a result in changes in state funding.

By Mark Ruda | Updated on June 17, 2005

ELGIN, IL-The Easter Seals Jayne Shover Center at 799 S. McLean Blvd., which underwent an expansion and renovation in 2000, is headed toward the auction block. Easter Seals is planning to stay on as a tenant while shedding some space in the 38,000-sf office building on 7.5 acres off Route 20.

A change in state funding prompted the decision to shed space as well as explore a sale-leaseback, says Easter Seals Jayne Shover Center chairman Alfred Y. Kirkland, Jr. “We built the new space in 2000, at a time when state funding was about to change from primarily block grant funding to fee-for-service funding,” Kirkland explains. “Block grants allowed us to receive and allocate money in advance, for various programs. Fee-for-service funding requires us to provide the service before receiving payment from the state, then submit detailed bills for examination. The state then provides only a partial payment, sometimes months after the fact.”

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