Mount Prospect Business
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The Biz Week That Was: New housing developments, a brunch spot, and Christmas shopping with AI helpDec 06, 2025 1:33 pm - Will 2026 be the year for this stalled downtown Arlington Heights apartment project? Facing rising interest rates, difficulty in raising equity capital and higher co...
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Mount Prospect buys St. Mark property for downtown parking, redevelopmentDec 03, 2025 5:36 pm - In a move aimed at securing additional downtown parking and creating another site for redevelopment, the Mount Prospect village board this week voted to buy about an acre of land from St. Mark Lutheran Church.
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Schaumburg considering second tax incentive for industrial project replacing neighborhoodNov 26, 2025 1:33 pm - Schaumburg trustees next month will consider not just one but two tax incentives for a project proposed to replace 19 unincorporated homes near the village’s southwest corner with a pair of spec industrial buildings.
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Dining out: Oberweis and The Nutcracker, 7 Brew’s new holiday menu and moreNov 25, 2025 1:22 pm - Oberweis Ice Cream and Dairy and The Joffrey Ballet have teamed up on the new Nutcracker Peppermint Swirl, CRISP and GREEN recently opened in Naperville, and 7 Brew and The Original Rainbow Cone have added new holiday menu items.
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Audit to examine credit card spending in District 214 after former employee charged with misuseNov 24, 2025 6:44 pm - Northwest Suburban High School District 214 has ordered an audit of its purchasing card spending practices after a former employee was charged with misusing a district credit card.
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Cook County’s tax delay exposes Illinois’ worsening business environmentNov 22, 2025 1:30 pm - Chicago’s and Cook County’s tax bases are eroding. The cost of the government keeps climbing.The biggest weak point is in the business sector. Commercial property values in the Loop fell by 7.2% during the past year. The taxes their owners will pay dropped by more than $129 million.
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‘This is where we wanted to be’: Patina Wine Bar closing Mount Prospect location, shifting its prospects to Park RidgeNov 18, 2025 5:34 pm - Mount Prospect has enjoyed a Renaissance in downtown dining, especially along the Prospect Avenue corridor. But a restaurant that played a major role in that revival, Patina Wine Bar, is leaving the downtown after a year and half, shifting its focus to a sister restaurant on another Prospect Avenue, this time in Park Ridge.
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Mount Prospect data center developer prepared to donate $3 million for recreation, street upgradesNov 17, 2025 6:29 pm - Mount Prospect trustees are expected to approve an agreement Tuesday with data center developer Cloud HQ that would channel $3 million in developer contributions toward a shared-use path, street lighting, crosswalks and recreational facilities.
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Cook County launches Housing Market TrackerNov 14, 2025 7:17 am - The Cook County Assessor’s Office has launched its new Housing Market Tracker, a first-of-its-kind interactive map that shows real estate trends and individual sales in the county.
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Preckwinkle: Long-delayed Cook County property tax bills hitting mailboxes next weekNov 07, 2025 11:48 am - The long-overdue second installment of Cook County’s property tax bills will be mailed Nov. 14 and due Dec. 15.