As a co-op, investments from our Community are needed to raise the capital necessary to build our grocery store at 109 S. Main Street in Lombard, IL. As the first co-op in DuPage County, Prairie Food Co-op will support local farmers and producers and make delicious, healthy, sustainable food accessible to all. Our store will be your convenient one-stop-shop for fresh, local and organic produce, dairy and meats, fair-trade and conventional foods, bulk items, wine & beer, and grab & go prepared foods.
$4.4 Million Dollar Funding Goal
Our market analysis indicates that $4.4 million is needed to build and open our grocery store.
Sources of Funding
$2.2 million from Owners via donations and interest bearing investments. We must secure this funding by November 15, 2021.
- $1.2 million bank loan (traditional financing).
As of August 2021,
✓ 1500+ Owners initially invested $200 to become Founding Owners
✓ Lease signed for 109 S. Main - a premier site at below-market rates
✓ Over $1 million pledged, and available in an Escrow account, in our first nine 9-week spring 2021 Community Investment Program (CIP)
✓ A $1.2 million loan in underwriting
✍ $300,000 Federal Grant Submitted
✍ Site construction started and store design underway!
How Can YOU Help?
We have made it easy for you to contribute.
Want to learn more? Review your contribution options below, and then register for a group info session to hear from our CIP Investment Lead to help you decide what is the best option for you.
Ready to Invest? That’s great! Schedule a call with a Co-Operator to start the process!
Not yet an Owner?
Join Today, Impact Tomorrow
Professional market studies show that 109 S. Main in Lombard is the ideal location for a thriving co-op and that we can generate earnings to buy back preferred share and loan investments. However, investments are not without risk, including the risk of loss.
This is not an offer to sell securities which is made only by the Confidential Offering Memorandum and only members who are IL residents are eligible to invest in Owner Loans and only IL residents are eligible to invest in Preferred Shares