Just an update.
I've think I've seen the bike up by the I-17/Loop 101 area, where theres a Costco. Looks like the rims have been painted black and the red stripes on either side have been painted black or been taken off. It also looks like it has an Illinois license plate on it, didn't see the #'s. I also have the name of the guy that is thought to have stolen it, Eric C. Morton. Guy looks like he works at a repair shop, judging by the close he wears. No other info at this time.