Real Estate
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Vacant medical office building in Mount Prospect could turn into apartmentsDec 06, 2024 6:54 am - New life is being given to a vacant 1970s medical office building just west of the Union Pacific tracks on Central Road in Mount Prospect.
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Bears would pay $3.6 million a year, under proposed Arlington Park property tax settlementDec 05, 2024 6:43 pm - The Chicago Bears would pay $3.6 million in property taxes a year at the sprawling Arlington Park property until construction begins on a stadium, under terms of a proposed agreement released Thursday by Arlington Heights officials.
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Boards must follow due process to levy a fineDec 04, 2024 11:57 pm - The board of a condominium cannot simply levy a fine if it thinks there has been a violation of rules. It must follow a statutorily mandated procedure.
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Seller’s market: High interest rates, low inventory continue to complicate suburban housing market
Dec 03, 2024 11:46 am - While many economists anticipate dropping interest rates to continue into 2025 and local Realtors are hopeful for a good start to the new year, Kane County real estate professionals don’t believe the Fed’s influence is as strong as other factors and expect current market trends to continue unless new construction picks up drastically.
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Inspector overlooks deck damageDec 03, 2024 5:13 am - Who is liable for costs to repair a deck with obviously rotted wood that was covered on the day of the inspection?
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‘We just don’t see a path for this’: Second developer pulls out of Lisle projectDec 02, 2024 8:04 am - It’s back to the drawing board for the shuttered Family Square Plaza in downtown Lisle after another developer pulls out of a deal to buy the property.
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Hidden ‘junk fees’ for trash pickup or common areas shock, anger tenants
Nov 27, 2024 8:30 pm - Across the country, consumer advocates and policymakers have warned of a rise in extra fees charged by companies that are not obvious in the listed price. Some government agencies are working to address the issue of rising mandatory fees, but for now, these surprise fees continue to proliferate in rental housing.
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How much is that doggy in the condo?Nov 27, 2024 11:06 am - Charging dog owners a fee per dog is questionable, but until a court clears up the issue, some boards appear willing to take the risk.
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Radon: Is there an affordable cure?Nov 26, 2024 6:13 pm - Radon mitigation, in most cases, is a fairly simple process for a qualified contractor, and is usually not terribly expensive.
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41 new single-family homes moving forward in Huntley