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Real Estate

Palatine commission split on revised plans for affordable apartments

By Elena Ferrarin
Dec 09, 2021 12:00 am - The Palatine plan commission was split this week on a developer's plan to build affordable apartments in town, so it made no recommendation to the village council, which...
Flood insurance costs rise in areas once deemed lower risk

By SUMAN NAISHADHAM and MICHAEL PHILLIS
Dec 08, 2021 6:00 am - WASHINGTON (AP) - In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing down streets and a...
Libertyville officials prepare for preliminary vote on 80-townhouse development

By Mick Zawislak
Dec 08, 2021 4:30 am - After years of inactivity, plans are moving ahead for an irregularly shaped but prominent area near Libertyville's northern border. The 15 acres south and west of the he...
Mount Prospect changes zoning to allow warehouse on "eyesore" property

By Steve Zalusky
Dec 08, 2021 12:00 am - A property one Mount Prospect trustee labeled an eyesore on the village's south side will be the site of a new warehouse building that could provide jobs and an infusion...
EXPLAINER: Chinese builder's debt struggle rattles investors

By JOE McDONALD
Dec 07, 2021 6:00 am - BEIJING (AP) - Global investors are watching nervously as one of China's biggest real estate developers tries to avoid a default on its $310 billion mountain of debt. Ev...
Owners of Chicago Culinary Kitchen planning Pink's Shrimp seafood restaurant in Palatine

By Elena Ferrarin
Dec 07, 2021 12:00 am - After moving their Chicago Culinary Kitchen to a new location in Palatine, its owners now want to open a seafood restaurant at the old site. Pink's Shrimp would be locat...
Treasury wants more oversight of all-cash real estate deals

By AAMER MADHANI
Dec 06, 2021 6:00 am - WASHINGTON (AP) - The Biden administration is looking to expand reporting requirements on all-cash real estate deals to help crack down on bad actors' use of the U.S. ma...
China tries to reassure on Evergrande as default fears rise

By JOE McDONALD
Dec 06, 2021 6:00 am - BEIJING (AP) - China's central bank expanded the supply of money for lending Monday as Beijing tried to reassure its public and investors the economy can be protected if...
Application portal opens for new round of Illinois rental assistance

By JERRY NOWICKI Capitol News Illinois jnowicki@capitolnewsillinois.com
Dec 06, 2021 12:00 am - SPRINGFIELD - The application portal is now open for $297 million more in rental assistance for Illinoisans who lost income due to the COVID-19 pandemic. The Illinois Re...
Waste water from neighbor's laundry

By Barry Stone
Dec 05, 2021 5:00 am - Q: We live in a rural neighborhood, with septic systems rather than sewers. Nearly everyone here drains their laundry into a backyard sump pit to prevent detergents from...

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