Articles filed under Real Estate

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  • Hanover Park shopping center seeking village approval for new building Sep 30, 2014 4:46 PM
    After struggling to land a tenant for a vacant restaurant in Hanover Park, developers are pinning their hopes on a new plan. New York-based Brixmor wants to tear down the building to make way for a new one in the Westview shopping center. “Having a vacant old building has not been very helpful for development in that area or for the shopping center,” Community Development Director Shubhra Govind said. “We’re happy to see a new building being proposed.”

     
  • Don’t waste a view; reflect it. Sep 29, 2014 6:00 AM
    Q. We built our new home to take advantage of the great water views … except in the kitchen where we — duh — designed things so that when the cook (that’s usually me) is working at the main counter, her back is turned to the scenery.

     
  • Omron expands to new headquarters in Hoffman Estates Sep 29, 2014 5:32 PM
    Creating a more inviting environment for customer visits without sacrificing access to transportation hubs were key reasons Omron Automation and Safety’s recently relocated from two Schaumburg buildings to one larger facility in Hoffman Estates. The new, environmentally-friendly location will serve as the headquarters for both North American and South American operations for the Japan-based corporation, Vice President of Human Resources Cindy Janssen said.

     
  • ComEd smart meters coming to Schaumburg Sep 28, 2014 4:31 PM
    The village of Schaumburg is informing residents that ComEd representatives are scheduled to begin installing smart meters in the Schaumburg area in November as part of a $2.6 billion infrastructure investment to modernize its grid. A smart meter is a digital electric meter that uses two-way radio communications to collect usage information and securely transmits it to ComEd through a wireless connection.

     
  • Parents feeding U.S. housing recovery with aid to buyers Sep 28, 2014 6:14 AM
    he Bank of Mom and Dad is playing a growing role as lender of last resort for a housing recovery struggling to provide more traction for the U.S. economy. Last year, 27 percent of those purchasing a home for the first time received a cash gift from relatives or friends to come up with a down payment,

     
  • Black lights can enhance Halloween decor Sep 27, 2014 6:00 AM
    Creating a spooky atmosphere when decorating for Halloween is the ultimate goal. People will go to great lengths to establish film-worthy special effects and ghoulish details. Using black lights when decorating can cast an ominous glow and establish the desired atmosphere.

     
  • Aeroseal repairs heating ducts that leak money Sep 27, 2014 12:01 AM
    It is impossible for anyone who lived through last year’s Polar Vortex to forget the bitter cold and heavy snow it brought to Chicago and much of the country. “When we have severe winters like that, it is natural to want to go home and hide from the cold,” said Joseph St. Pierre, sales director of Aeroseal Solutions, based in Crystal Lake.

     
  • How to compensate board members Sep 27, 2014 12:01 AM
    Q. The members of the board of our condominium spend a tremendous amount of their time on association matters. Can the board set a salary to be paid to board members?

     
  • A rocky transition to double-digit mortgage rates Sep 27, 2014 12:00 AM
    For the last 24 years, mortgage interest rates have been in the single digits, supporting a widespread presumption in the industry that this is the normal state of affairs. Yet mortgage rates were 10 percent or higher during most of the 11-year period 1979-1990.

     
  • What to do with empty student bedroom Sep 27, 2014 7:00 AM
    In many households this month, parents are still grieving that their first child has gone off to college. For a parent who lives in a smaller home, this transition means that soon you will have extra space up for grabs.

     
  • A tribute to Al Carrell, a ‘super’ handyman and father Sep 26, 2014 12:01 AM
    Al Carrell, whose column has appeared in the Daily Herald’s real estate sections for many years, passed away Aug. 27. The following column by his daughter, Kelly Carrell, as a tribute to his memory. Kelly Carrell will continue to write “The Super Handyman” columns.

     
  • Libertyville design firm featured on HGTV.com Sep 26, 2014 12:01 AM
    Award-winning design professional Joan Suzio, owner of the Decorating Den Interiors franchise of Libertyville, has two room makeovers featured on HGTV.com’s Designer Showcase.

     
  • Buyer’s inspection contingency beats out seller’s ‘as is’ clause Sep 26, 2014 12:01 AM
    Offering a home “as is” doesn’t automatically let the seller keep a buyer’s deposit if an inspection turns up unexpected problems.

     
  • Flexible rules could extend mortgages to millions Sep 26, 2014 12:01 AM
    Are the two biggest players in the American mortgage arena — Fannie Mae and Freddie Mac — needlessly preventing millions of African-Americans, Latinos and young people from qualifying for a loan because they don’t have a FICO credit score?

     
  • No one disclosed faulty furnace pilot light Sep 26, 2014 12:01 AM
    Q. We bought our first home last month. It was built in 1948 and has a very old heating system. Our home inspector advised having the gas company check the furnace to make sure it was safe. The gas company said it was working fine.

     
  • Historic Schweikher House tours on Oct. 11 Sep 26, 2014 5:56 PM
    The Schweikher House Preservation Trust invites the public to tour the 1938 Paul Schweikher home and studio, a Modernist home listed on the National Register of Historic Places and one of the top 150 architectural sites in Illinois. Forty-minute guided tours of the house, studio and grounds will be offered on Saturday, Oct. 11.

     
  • Kitchens are the heart of the home Sep 26, 2014 12:01 AM
    Several years ago when the walls came down, the open floor plan took off and home designs continue to cater to our more relaxed, busy lifestyles. Combining the kitchen and adjacent living areas into a large open gathering space fosters togetherness.

     
  • Decorate outdoor space as you would an indoor one Sep 26, 2014 4:12 PM
    No matter how small or inconvenient your outdoor space, it is a physical and mental respite. And it doesn’t take a large sum of money to decorate your bit of paradise.

     
  • Mundelein offering Medline $1.8 million to stay in town Sep 26, 2014 5:06 AM
    Medline Industries Inc., is considering whether to relocate its Mundelein headquarters and 1,600 jobs or expand on the 57-acre campus on Route 60. The village has agreed to provide up to $1.8 million in incentives and the company is said to also be discussing its plans with the state. "It would be a disappointment if Medline made any other decision but to stay in Mundelein," said Village Administrator John Lobaito.

     
  • Cary affordable housing project moves ahead despite opposition Sep 25, 2014 9:12 PM
    An $18 million affordable housing project in Cary is moving forward after the village board approved Pedcor Investments’ planned 60-unit apartment complex targeted for a 4.5-acre lot at the northeast corner of First and Pearl streets. But opposition remains strong. “This places a high-level burden on the taxpayers of Cary, and enough is enough,” an opponent said.

     
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