With baseball season underway, yet another of the rooftop club owners beyond Wrigley Field’s walls has sold his property to the Chicago Cubs’ owners, the Ricketts family.
Mark Schlenker, the longtime owner of the Brixen Ivy rooftop business and building at 1044 W. Waveland Ave., just beyond the Cubs’ left-field bleachers, on March 31 sold the three-story building to an entity controlled by the Ricketts family for $2.65 million.
It’s unclear if the transaction included the business in addition to the property. But the Ricketts family’s previous purchases of rooftop properties have only included the property.
The purchase means Cubs Chairman Tom Ricketts and his family now control 10 of the 16 iconic rooftop clubs surrounding the 102-year-old stadium.
According to a deed filed with the Cook County Recorder of Deeds on March 31, Schlenker’s Chicago Rooftop LLC sold the Brixen Ivy building to 1044 Waveland Holdings LLC, which is controlled by the Ricketts family. Similar business structures have been used by the Ricketts family to make other rooftop purchases.
A previous entity of Schlenker’s, Brixen Ivy LLC, purchased the property in 1998 for $385,000, according to public records.