Real Estate
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Kaneland schools sue Sugar Grove to get rid of the Grove TIF districtJun 24, 2025 11:24 am - The Kaneland school district is suing Sugar Grove, saying the village was wrong to approve a large mixed-use development and create a tax-increment financing district for it.
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Banquet hall planned for redevelopment of Dania site at Roosevelt, Finley roads in LombardJun 23, 2025 7:37 pm - A portion of a former Dania store in Lombard could be reimagined as a banquet hall as part of a proposed lifestyle shopping center called the Burj Plaza.
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May home sales barely move as high mortgage rates, prices, weigh on housing market
Jun 23, 2025 10:18 am - Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market continued to increase.
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‘Not very appealing’: Campton Hills to get almost $10M in fees from developer, but District 304 left out
Jun 23, 2025 8:52 am - Campton Hills stands to receive $9.45 million in permit fees from a proposed annexation of 962 acres with 900 homes, according to a draft annexation agreement.
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The difference between commissions and committees in HOAsJun 21, 2025 7:26 am - Many HOAs establish what are actually commissions and call them “committees” in error. The improper delegation of board authority to a committee or commission can undermine the legality of actions taken by that group.
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Homebuyer cracking up over builder’s warrantyJun 21, 2025 7:26 am - Homebuyer discovers concrete defects after warranty expires. Builder attempts cheap repair that fails. Homeowner should seek legal advice to get builder to properly fix or replace concrete.
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Mainstreet Realtors: Buyer demand holds strong as suburban home prices hit new highsJun 20, 2025 4:22 pm - The Chicago area’s suburban housing market is heating up again, with more homes under contract in May, even as prices continue to increase. Pending sales rose in both the detached and attached markets, signaling strong buyer interest.
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New options: Developer presents revised plans for former Haeger Potteries site in East DundeeJun 17, 2025 6:55 pm - East Dundee officials are raising concerns about the initial plan for the former Haeger Potteries site in East Dundee. A developer wants to transform the site into a mix of townhouses and apartments. However, village board members are worried about a lack of parking.
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Hoffman Estates approves $385,000 purchase of TIF-funded landJun 17, 2025 1:49 pm - The Hoffman Estates village board unanimously authorized the $385,000 purchase of 11 acres of land Monday as part of a TIF district redevelopment plan.
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Developer wants to build duplexes near Route 47 in Huntley. The village board isn’t thrilled.