I bought this bike of a young guy in Elgin who had the bike as a commuter for a couple months. It looked as if there was some work done to it, sporting a Sugino BT crank and Weinmann Wheels. It was fairly clean upon purchase but obviously needed a face lift.
I kept a great deal of the components on the bike. Just stripped it down, cleaned it, regreased and reassembled. Some new components/accessories but mostly just cosmetics.
Turned out very nice. Had a couple people who were interested in it but went with the most adamant. Yet another guy who needed a replacement bike because his was stolen.
Chicago has been hit was a lot of crime, aside from bike theft. Hit and runs involving cyclists as victims is steadily becoming a bigger threat now as well.