PRESS COVERAGE: Historic Jefferson Street building bought, undergoing extensive renovations

Residential and commercial construction firm Ramage Company has purchased a 165-year-old building at 900 E. Jefferson St. and is planning to overhaul the interior, the company announced.

The three-story building, which formerly housed the F. J. Kremer & Sons Co. Candy & Confectionery, will become Ramage’s headquarters. It’s currently based out of Norton Commons, where it has built homes.

The company will spend $750,000 to restore the building, as well as access state and federal historic preservation tax credits for the project. Republic Bank & Trust is helping to finance the project, Ramage told IL.

The company plans to modernize the building with utilities and climate control systems, a new first-floor storefront and a courtyard, but keep the original wood floors, windows and wood finishes.

Ramage will occupy the third floor. NAI Fortis Group will rent out the first and second floors, each 1,812 square feet, as office and retail space for Ramage. —Caitlin Bowling