Pension Fund

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International Brotherhood of Teamsters Local 727

Teamsters Local 727 represents workers primarily in parking, funeral, and trade-show industries across the Chicago area, with its headquarters in Park Ridge,...

International Brotherhood of Teamsters Local 727 logo

International Brotherhood of Teamsters Local 727

Teamsters Local 727 represents workers primarily in parking, funeral, and trade-show industries across the Chicago area, with its headquarters in Park Ridge, Illinois. The union's leadership has been dominated by the Coli family for decades. John Coli Sr., a former Secretary-Treasurer, was convicted of extortion in 2003 for squeezing a trade-show contractor. His son, John Coli Jr., subsequently assumed the role of principal officer, maintaining family control over the local's operations and its associated benefit funds. The union's affiliated funds — including the Health and Welfare Fund, Legal and Educational Assistance Fund, and Strike Fund — collectively manage a pool of assets that includes directly owned commercial real estate. Known properties include the union's headquarters at 1300 W Higgins Road in Park Ridge and a commercial building at 1550 Mount Prospect Road in Des Plaines. The investment approach is diversified, with the real estate holdings serving dual purposes as operational bases and long-term assets of the pension and welfare funds. The union's exclusive legal provider, CTM Legal Group, is owned by Joseph Coli, son of the convicted former Secretary-Treasurer. Local 727 operates under the umbrella of Teamsters Joint Council 25, the regional body covering Chicago and northwest Indiana. The union's primary collective bargaining relationships include the Apartment Building Owners and Managers Association for residential garage employees. The Teamsters Local 727 Charitable Fund provides a philanthropic vehicle, though its separation from the union's benefit and pension assets is not publicly detailed. In 2019, the union secured a new contract with ABOMA covering approximately 1,200 residential building workers (per union announcement, 2019). The structural differentiator of Teamsters Local 727 is its multigenerational family governance layered over a union benefit apparatus. The concentration of legal, real estate, and investment oversight among related Coli family members — spanning the local's principal officer role, the exclusive legal provider, and historical management of benefit funds — creates an unusually interlocked architecture distinct from most union pension boards. This governance model has attracted scrutiny from federal monitors and the Department of Labor in past decades, shaping its operational posture.

General information

Firm type

Pension Fund

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Park Ridge

Corporate office

1300 W Higgins Road, Park Ridge, IL 60068, United States

Additional offices

1550 Mount Prospect Road, Des Plaines, IL

Principals

John Coli Jr.

Secretary-Treasurer and Principal Officer

Sector focus

Real EstateDiversified

Frequently asked questions

Who controls investment decisions at Teamsters Local 727?

The board of trustees for each affiliated benefit fund — Health and Welfare, Legal and Educational Assistance, and the Strike Fund — governs investment decisions. John Coli Jr., as Secretary-Treasurer and principal officer, holds significant influence over fund administration. The exact composition of the trustee boards and the delegation of investment authority is not publicly detailed, a common opacity in union-managed plans.

What is the Coli family's history with Local 727?

John Coli Sr. served as Secretary-Treasurer until his 2003 conviction for extorting a trade-show contractor. His son, John Coli Jr., now holds the same position. The family's control extends to the union's legal affairs through Joseph Coli's CTM Legal Group, which serves as Local 727's exclusive legal provider. William Coli, brother of John Coli Sr., previously managed local benefit funds. This concentration of family roles across the union's governance, legal, and financial structures is a matter of public record.

Does Local 727 own real estate directly?

Yes. The union's headquarters at 1300 W Higgins Road in Park Ridge, Illinois, and a commercial property at 1550 Mount Prospect Road in Des Plaines are held among its assets. These properties are part of the broader diversified strategy of the union's affiliated benefit funds, functioning both as operational bases and long-term holdings.

How is Local 727 related to Teamsters Joint Council 25?

Local 727 is an affiliated local under Teamsters Joint Council 25, the regional umbrella organization that coordinates bargaining and political activity for Teamster locals in Chicago and northwest Indiana. Joint Council 25 provides strategic support but does not directly control the local's benefit funds or investment decisions.

What industries do Local 727 members work in?

The local primarily represents workers in parking garages, funeral homes, and trade-show services across the Chicago metropolitan area. Its largest collective bargaining partner is the Apartment Building Owners and Managers Association, covering residential building employees such as doormen and garage attendants.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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