Real Estate
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Low mortgage interest rates stimulate homeowners to refinanceJun 21, 2019 6:00 am - The usual reasons to refinance a home mortgage loan are to reduce the monthly payment or to raise cash. The third option, which is underappreciated, is to shorten the pe...
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Chicago Marriott Schaumburg receiving $22 million renovationJun 21, 2019 1:00 am - The Chicago Marriott Schaumburg is undergoing a $22 million renovation this summer with the aim of making the 38-year-old, 398-room facility virtually the newest product...
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Retail property sells for $4.6 millionJun 21, 2019 1:00 am - OAK BROOK - Commercial real estate firm Marcus & Millichap announced it has sold Bluestone Commons, a 36,025-square foot retail property in New Lenox for $4.6 million, a...
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Shakou closing St. Charles restaurant, repurposing space for corporate needsJun 20, 2019 1:00 am - Shakou is closing its St. Charles location at the end of the month, with plans to repurpose the space into a central commissary for the rapidly growing restaurant group....
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Inland wins 'Best Use of Automation' awardJun 20, 2019 1:00 am - OAK BROOK - The Inland Real Estate Group's IT department has received Realcomm's Commercial Real Estate Digital Innovation or "Digie" Award for the Best Use of Automatio...
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Two redevelopment proposals floated for McChesney site in Glen EllynJun 20, 2019 1:00 am - The owners of an old grocery store property in downtown Glen Ellyn are floating two different proposals to redevelop the dormant site. The conceptual plans are highly pr...
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Schaumburg trustees don't favor imposing condo, townhouse rental restrictionsJun 19, 2019 1:00 am - Schaumburg village board members have recommended by a 6-1 vote that the village not impose limits on the number of rental units allowed within condominium and townhouse...
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California Pizza Kitchen to close downtown Arlington Heights locationJun 19, 2019 1:00 am - California Pizza Kitchen will close its downtown Arlington Heights location Sunday, officials said. A restaurant representative confirmed the closure but did not provide...
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Drive-through restaurant coming to Hoffman PlazaJun 19, 2019 1:00 am - An as-yet-unnamed restaurant with a drive-through and an outdoor seating area will be one of two tenants of a 4,500-square-foot outlot building at Hoffman Plaza Shopping...
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Neighbors fear parking issues, cramped views from downtown Naperville developmentJun 18, 2019 5:24 am - When developers Dwight and Ruth Yackley finished the first two phases of the Main Street Promenade shopping and office center in downtown Naperville, they had a plan for...