Lubricant co. founder lists in Park Ridge

Medium e541615252a9be37a95c2c298fab3e2c Jeff Hart has listed for sale a five-bedroom, 3.5-bath home at 823 Park Plaine Ave. in Park Ridge for $789,000.

The 3,108-square-foot home in West Park Ridge/Chippewa Woods was built in 2001. Joan Sandrik of Sebastian Co. Real Estate has the listing.

Hart is the founder and chairman of BioBlend Renewable Resources, a Chicago-based manufacturer and marketer of bio-based lubricants. He is also the executive vice president of business development at RelaDyne, Inc., a supplier of lubricants, coolants, and chemicals to automotive, commercial, and industrial markets. He previously served as vice president of business strategy at FuelQuest, Inc. Prior to that, he founded Oilspot.com, Inc., which was acquired by FuelQuest. Earlier in his career, he worked at Enterprise Rent-A-Car.

He obtained a B.S. degree in economics from the University of Iowa.

According to BlockShopper.com, there have been 352 home sales in Park Ridge during the past 12 months, with a median sales price of $350,000.

Address: 823 Park Plaine Avenue
Buyer(s): Rosemary K Wolfe and John M Wolfe
Seller(s): Jeffrey M Hart and Mary Jo Battersby-Hart
Sale date: Aug. 3, 2011

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