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Articles filed under Residential Real Estate

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  • Lisle project a step closer to approval, despite opposition Nov 20, 2014 5:30 AM
    An advisory committee is recommending approval of a proposed apartment and retail complex at the former village hall site in downtown Lisle. But a group of Lisle residents is trying to convince village board members to postpone final action on the plan until various concerns about the project have been vetted. “We just want it to be done right for the downtown,” said Jeanne McLennan, who is a member of the “We Love Lisle” group.

  • Developer parries Buffalo Grove plan commissioners questions Nov 20, 2014 4:19 PM
    Buffalo Grove’s new planning and zoning commission held its first workshop on the Buffalo Grove downtown proposal Wednesday at the very village hall that would be razed to make developer Chuck Malk’s vision of a mixed-use development on the village office campus and golf course a reality.Following Malk’s formal presentation, commissioners didn’t waste any time applying their scalpels.

  • As young professionals move in, poor are pushed out in Chicago Nov 16, 2014 6:19 AM
    Young professionals are moving in to occupy the very same — and very small — spaces recently home to people living on less than $1,000 a month. In their remodeled homes, sometimes as small as 250 square feet, what was once deteriorating becomes “vintage.” Chicago is trying to save what amounts to 6,000 remaining SRO units, a small fraction of what once existed in the city as a housing stock of last resort for the poor.

  • Study: Homeownership is overrated Nov 16, 2014 6:17 AM
    U.S. home prices crashed 43 percent between 2005 and 2012, yet polls find that the vast majority of Americans still consider homeownership to be a good idea and the best way for average people to build wealth. But is it? For more than 40 million households — or half of the nation’s current homeowners — the answer is no, according to a new study by HelloWallet, a firm that works with employers to provide online financial planning services to workers.

  • Hoffman Estates to consider 81 new homes Monday Nov 15, 2014 1:56 PM
    Hoffman Estates village board members Monday will consider approval of an 81-home subdivision on 37 acres at the northwest corner of Algonquin and Ela roads. The former farm property was long owned by the Bergman family, who only recently began marketing it for development, Hoffman Estates Assistant Village Manager for Development Services Mark Koplin said.

  • Local Realtors recognized for community service Nov 14, 2014 11:22 AM
    Realtors from Glen Ellyn, Lombard and Darien have been recognized with the Mainstreet Organization of Realtors’ 2014 Community Service Award.

  • Bolander Park sale agreement extended Nov 14, 2014 5:40 PM
    Libertyville officials this past week again extended an agreement to sell Bolander Park for $2.05 million but the proposed buyer, Lake Forest developer Rick Swanson, says he is ready to proceed with a 56-unit Craftsman-style townhouse development.

  • Everette model opens at Stableford in Willowbrook Nov 14, 2014 12:01 AM
    Everette model home is dressed to impress at the new Stableford community in Willowbrook that features a beautiful wooded setting, a pond and nearby forest preserves. The development by M/I Homes offers five open floor plans.

  • Schaumburg revises inspection policy for rented houses Nov 12, 2014 5:30 AM
    In light of the number of foreclosures in recent years and the rising age of Schaumburg’s housing stock, village officials Tuesday revised a program for the inspection of rented single-family homes and increased the annual fee of landlords. While the prior program inspected only the interiors of such homes on a complaint basis, the new version will inspect the inside and outside of all rented homes upfront and then every three years afterward.

  • New gated subdivision proposed in Barrington Nov 11, 2014 5:51 PM
    A national developer is moving forward with plans to build a 43-home gated subdivision on South Grove Avenue in Barrington, east of the former Barn of Barrington and west of the Park Barrington subdivision.

  • Luxury residences not well thought out Nov 10, 2014 5:01 AM
    Letter to the editor: Patricia Grabowicz disputes the wisdome of Wheeling's plan for luxury residences on Northgate Parkway.

  • Buffalo Grove downtown plan still faces many hurdles Nov 13, 2014 1:59 PM
    Developer Chuck Malk, addressing a large crowd at Buffalo Grove village hall last week, told the audience, “This is your downtown.” But to the largely hostile and at times combative and sarcastic gathering, it didn’t seem to be theirs at all, but, rather, something foreign and unwanted invading their community.

  • How clotheshorses can rein in wardrobes Nov 8, 2014 7:00 AM
    Urban life and high fashion seem to go together. But the closet space that typically comes with most city apartments is laughable and calls for creative, outside-the-box solutions.

  • Neighborhood spotlight focuses on Foxdale in Addison Nov 7, 2014 10:06 AM
    When Deborah and Robert Spidale moved from the east side of Addison to Foxdale on the west side of town, the new subdivision appealed to them because everything was new, even the streets and sidewalks.

  • Des Plaines aldermen agree to dissolve failed Five Corners TIF Nov 4, 2014 4:00 PM
    Nearly eight years to the day Des Plaines aldermen approved a controversial tax incremental financing district, the current city council has decided to dissolve the district due to a lack of redevelopment. “Why have the properties in the TIF if nothing in the close, foreseeable future is going to happen?” said George Sakas, community and economic development director.

  • Buffalo Grove downtown plan gets jeers and an OK Nov 4, 2014 1:07 PM
    Armed with easels and architectural drawings and accompanied by his development team, Chuck Malk of the CRM Properties Group returned to the Buffalo Grove village board to unveil his new concept for a downtown Buffalo Grove. The board ultimately voted to send the proposal to the planning and zoning commission for review, but residents gave it an earful first.

  • In small spaces, how to pull off the mirror trick Nov 1, 2014 12:00 AM
    When designer Colman Riddell and her family moved into a converted 19th-century stable in Georgetown, she inherited a colossal, ornate mirror from the previous owners that stretched more than 8 feet tall. It was, by all accounts, a statement piece. “It’s impossible to ignore,” she said.

  • Housing plan for Naperville golf course rejected over flooding concerns Nov 1, 2014 7:45 PM
    A proposed subdivision in northwest Naperville has raised concerns among neighbors about flooding. Residents near Country Lakes Golf Course, where Pulte Home Corp. has proposed to build the 327-home Atwater subdivision, say they already struggle with flooding. “The reason we were all protesting it mostly was stormwater,” nearby resident Pamela Peterson said.

  • Top-tier apartments proposed for unfinished Libertyville building Oct 31, 2014 5:37 AM
    Cedar Street Co., of Chicago is proposing to finish the top two floors of a prominent building in downtown Libertyville with 34 high-end aparments. The proposal would attract single, affluent tenants, company representatives say and provide the village with increased sales and property taxes. Cedar Street bought the building last year out of receivership and with the conversion plans to invest $12.5 million.

  • Westgate in neighborhood spotlight Oct 31, 2014 12:01 AM
    A few years ago when Lisa Soto was traveling to physical therapy in a medical van, the driver stopped to pick up a woman in the Westgate subdivision. That’s when she discovered the charming neighborhood in Elk Grove Village where she now lives with her husband Pablo and three-year-old son.

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