Bears and suburban school districts are $100 million apart on value of Arlington Park

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The Bears and several northwest suburban school districts are in disagreement over the property value of Arlington Park.

The Chicago Bears and three northwest suburban school districts are still far apart — $100 million to be exact — on their valuation of the former Arlington International Racecourse, potential site of a new team stadium.

Both sides presented their appraisals of the 326-acre property in Arlington Heights on Tuesday during a meeting of the Cook County Board of Tax Review.

An appraisal presented by Northwest Suburban High School District 214, Palatine Township Elementary District 15 and Palatine-Schaumburg High School District 211 put the value of the property at $160 million, according to a report in the Daily Herald.