Sally Strempel, a female pioneer in aviation, bought a flight school in 1950 at Palwukee Airport.

In August 2006, trustees from the village of Wheeling and alderman from the City Council of Prospect Heights voted to approve a name change.

[10] Tenants of the airport include three national fixed-base operators: Atlantic Aviation, Signature Flight Support, Chicago Private Jet Charters and Hawthorne Global Aviation Services, who provide fueling and handling for transient aircraft and a significant portion of the locally based aircraft.

Priester Air Charter, Palwaukee Flyers, and several smaller firms and aircraft operators are also present In 2007, Chicago Executive's management created a public viewing area east of the south end of Runway 16-34 along Palatine Frontage Road, with lighted parking, a picnic table, and bleacher seating.

[1][11] The airport can handle executive jets in the 20-seat range, such as the Grumman Gulfstream and the Bombardier Challenger, and larger aircraft sometimes visit.

Occasional military transport aircraft, such as the Lockheed C-130, use the airport when carrying service members to local facilities such as Great Lakes Naval Training Center or the North Chicago V.A.