Knox Industrial Corridor
Located on the Northwest Side of Chicago, the Knox Industrial Corridor is bounded by Lawrence Avenue on the north, Belmont Avenue on the south, Lamon Avenue, rail lines and Kenton Avenue on the west, and Cicero Avenue and the rail lines on the east. It has immediate access to the I-90/94 Expressway, as well as convenient public transportation to both the Loop and O’Hare Airport.
Knox is home to approximately 40 businesses, including Independent Mechanical Industries, a Chicago employer since 1922, and newcomers such as 2112 Inc., Chicago’s first music, film/video and creative technology incubator as well as Aleman Brewing and Lake Effect Brewing.
Click Community Data Explorer (courtesy of Chicago Cityscape, LLC) for Knox neighborhood, property, and construction development data.
The Portage Park Tax Increment Finance (TIF) District is located on the southern end of the Knox Corridor. The 190-acre TIF district was created to reinforce the viability of the Portage Park business district. Characterized by older retail properties, industrial facilities, institutional uses and, to a lesser degree, residential uses, the TIF is intended to promote private investment through a variety of public financing initiatives. Funds are targeted for off-street parking improvements, building rehabilitation projects, land assembly and public works initiatives, and a wide range of aesthetic enhancements that promote pedestrian activity along major arterial streets. Funds are also intended to facilitate the orderly transition of obsolete industrial and commercial properties for new residential uses. Job training is also supported by the TIF.