Real Estate
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Property tax collections throughout Cook County outpaced inflation, study showsMar 30, 2026 5:15 am - A new report from Cook County Treasurer Maria Pappas shows property taxes collected by county taxing bodies over the past 30 years grew at twice the rate of inflation.
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St. Charles considering grant to help redevelopment of vacant downtown building
Mar 29, 2026 8:16 am - To spur redevelopment of a vacant historic building that once housed the St. Charles Area Chamber of Commerce and a dairy plant, city officials are considering a $30,000 grant to help bring retail and office uses to the space.
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Demolition work starts on shuttered shopping center in downtown LisleMar 27, 2026 10:32 am - Demolition crews have started work inside the shuttered Family Square Plaza in the heart of Lisle’s downtown district.
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Affordable housing in St. Charles? Apartment developer cites ‘revenue gap’ if units set aside
Mar 26, 2026 12:10 pm - A 29-acre site in St. Charles – one of the last remaining open properties in town for residential development – is becoming a flashpoint for housing affordability in the city.
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How new Fannie Mae mortgage lending guidelines may affect condo boards, ownersMar 25, 2026 1:17 pm - On March 18, 2026, Fannie Mae changed their mortgage lending guidelines concerning reserve funding levels for condominium associations. These revisions will significantly impact condominium boards’ decision-making and directly affect an association’s FNMA eligibility for home mortgage lenders.
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McHenry shopping center with Aldi, Kohl’s sells for $13.7M
Mar 25, 2026 9:45 am - The McHenry Town Center strip mall recently sold for $13.74 million, according to a news release from the real estate brokerage that made the deal.
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Sellers’ home inspector missed defectsMar 24, 2026 5:08 pm - Before we purchased our home, the sellers provided a home inspector’s report stating there were no major problems. However, we’ve discovered the sewer line may need replacement and a deck and retaining wall in the backyard are totally rotted.
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Buffalo Grove pushes decision date ahead on village hall/police station siteMar 24, 2026 4:22 pm - Buffalo Grove will need more time to review the property being considered for its new village hall and police headquarters, delaying public discussion until at least late April, officials said.
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New developer seeks to adopt previously approved plan for 69 townhouses in Prospect HeightsMar 23, 2026 5:22 pm - A developer is asking the Prospect Heights city council for permission to take over a controversial proposal to build 69 townhouses that was previously approved, but never built.
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‘Zombie’ second mortgages spur new battles in state capitols
Mar 21, 2026 1:24 pm - A Bloomberg News investigation last year found that more than 600,000 second mortgages taken out before the 2008 financial crisis — and then largely forgotten amid a wave of loan modifications during the recovery — remain outstanding across the country. Debt collectors buy these mortgages for pennies on the dollar and then demand homeowners pay bills that often include years of back interest.