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Apartments, townhouses proposed for vacant land in Des PlainesMay 26, 2025 12:02 pm - A five-story apartment building and townhouses have been proposed for vacant land on Des Plaines’ east side.
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‘A real sense of enthusiasm and excitement’: Lake Villa to pursue development for Pleviak School propertyMay 26, 2025 11:41 am - The former Pleviak Elementary School, a Lake Villa landmark for more than a century, will be going to market with the intention of snaring a “transformational redevelopment.”
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What’s left of Sears? Stores and HQ are nearly gone, but successor still owns and leases many propertiesMay 24, 2025 2:09 pm - Many goodbyes already have been said in Sears’ native Illinois, with its last great headquarters rapidly fading from the landscape of Hoffman Estates. But the one-time retail giant’s 139-year-long story continues at eight remaining stores elsewhere in the country and as a landlord of commercial properties both near and far.
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Lawmakers tried to reform Illinois’ food system. Here’s why it failed
May 24, 2025 1:39 pm - Of all the food consumed in Illinois, 95% of it comes from outside the state. House Bill B3701 and Senate Bill 2187 would have significantly changed state food procurement practices. However, state lawmakers did not pass the bills before a key legislative deadline in April.
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The Biz Week That Was: I-88 corridor redevelopment, new eateries and the best burgers in the suburbsMay 24, 2025 1:22 pm - Naperville mayor touts Block 59 dining district, calls I-88 corridor the ‘most significant redevelopment opportunity’ in city history Across Naperville, a new dining...
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This week politicians can prove they value small businessesMay 24, 2025 1:16 pm - We started with a robust agenda this year in Springfield, which included reining in overly restrictive occupational licenses and supporting folks laid off from their jobs and ready to start businesses.
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Why are more shoppers struggling to repay ‘buy now, pay later’ loans?
May 24, 2025 1:03 pm - More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms Bankrate and LendingTree, which cited an increasing share of all “buy now, pay later” users saying they had fallen behind on payments.
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Mount Prospect seeking developers for former Chase Bank propertyMay 23, 2025 6:20 pm - Mount Prospect is moving forward with plans to redevelopment of the former Chase Bank property at 111 E. Busse Ave.
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‘It’s a high-end grocer’: The Fresh Market coming to Schaumburg’s Veridian developmentMay 23, 2025 3:22 pm - The Fresh Market has been named as the operator of the proposed grocery store serving not only The District at Veridian mixed-use development on the former Motorola site in Schaumburg but the existing neighborhoods around it.
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St. Charles among few local municipalities that hasn’t decided on 1% grocery tax in 2026
May 23, 2025 2:23 pm - Most municipalities in Kane County have chosen to maintain the 1% grocery tax even after the state allows it to expire at the end of 2025. Still, St. Charles has not yet decided whether it wants to continue receiving roughly $2 million in annual revenue from the tax.