Watch CBS News

Thieves Steal $20K Worth Of High-End Bikes, Parts From North Side Store

CHICAGO (CBS) -- For the second time this summer, thieves have scored big at a bike sales and rental shop on Addison and North Lake Shore Drive.

The thieves made off with five extremely high-end bikes plus parts valued at $20,000 early Sunday morning from Lakeshore Bikes.

Owner Demian March said the thieves lifted up part of the foundation with a three foot crow bar to pry the walls apart. He says they clearly knew what they were after.

Podcast

"These were all very high-end, not your weekend warrior type equipment," March said. "This stuff is top-of-the-line, expensive stuff…the Ferrari of bicycles basically."

March says he's not optimistic about getting the stolen stuff back, but thinks his video surveillance system will lead police to at least one of the thieves.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.