The family that owns the Chicago Cubs will take control of its 11th rooftop business property across from Wrigley Field, part of a contract dispute settlement with the building's owner.

Hickory Street Capital, a venture of the Ricketts family that has had a financial stake in Down the Line Rooftop since 2010, will purchase the building at 3621-3625 Sheffield Ave. outright for an undisclosed amount, sources familiar with the deal confirmed.

That resolves a complaint filed by the Ricketts venture in July 2015 seeking a Cook County court judgment that would force the building's owner, 3625 Sheffield LLC, to sell the property to Hickory Street Capital.

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After buying the Down the Line Rooftop building, the Ricketts family will own all but five of the 16 rooftop properties across the street from the Wrigley Field bleachers.

The Cubs owners have acquired all of their rooftop properties since January 2015, a key piece of their larger strategy to develop an entertainment district around the 102-year-old Friendly Confines.

CONTRACT ISSUE

At issue with 3625 Sheffield was a clause in the Ricketts family's contract with other property investors giving Hickory Street Capital a right of first refusal to buy the building if its majority ownership stake changed hands.

According to the complaint, that occurred when the co-owners of the property—James and Camelia Petrozzini—transferred their ownership stakes to living trusts. The Petrozzinis died in 2014.

An attorney for those trusts had argued that the outright purchase of the building was not subject to the right of first refusal clause under terms of the deal.

Hickory Street Capital is expected to close on the property purchase in January, officials from both parties said.

Ventures owned by the Ricketts family have spent $21.9 million on seven of the 11 rooftop purchases, according to public records. The family last year also bought undisclosed mortgage debt on three Sheffield rooftop properties that were in receivership.

Here is an updated map showing the rooftop business properties that will be owned by the Rickettses when Hickory Street officially acquires Down the Line: