Real Estate
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Mix of housing, commercial targeted for Mount Prospect’s Lake Center PlazaMar 02, 2026 4:16 pm - The recent winner of a business award from Mount Prospect’s Economic Development Commission is hoping to win approval for a five-story, mixed-use building at Lake Center Plaza on the village’s south side.
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‘Full cosmetic refresh’: Vacant Holiday Inn renovation to move forward to resolve eyesoreMar 02, 2026 2:29 pm - The Mount Prospect Holiday Inn, closed since late 2020, is getting ready for a full makeover focused on transforming what officials have considered an eyesore.
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Arbor House luxury apartments in Arlington Heights now preleasing unitsMar 02, 2026 2:00 pm - Arbor House, a new luxury apartment community in Arlington Heights, has begun preleasing units. Bradford Allen, a commercial real estate development and advisory firm, developed the 301-unit community as anchor for the 18-acre, mixed-use district known as Arlington Gateway, with first move-ins scheduled for April.
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A year after long delays, Cook County tax bills go out on timeMar 02, 2026 10:04 am - After monthslong delays in mailing tax bills last year created havoc for property owners and local governments in Cook County, officials announced Monday that this year’s bills are out on time.
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The Biz Week That Was: Data center interrupted, Bears tug of war, and the state’s new nuclear goalsFeb 28, 2026 12:50 pm - Lisle seeks details on work at data center property Lisle was forced to take legal action to halt construction at a data center after the company that operates the f...
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Townhouses proposed in downtown Crystal Lake after more than 30-year wait to finish build out
Feb 27, 2026 1:11 pm - Builders are looking to finish a townhouse development in downtown Crystal Lake that has been on pause for more than 30 years.
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Des Plaines council to again consider restricting short-term rentalsFeb 27, 2026 10:39 am - The Des Plaines City Council will discuss regulating short-term rental properties when it meets Monday.
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‘It’s just a bad idea’: Suburban officials oppose Pritzker’s plan to reduce local control over residential zoningFeb 26, 2026 4:40 pm - Municipal leaders gathered Thursday in South Barrington to oppose Gov. JB Pritzker’s plan to legislatively reduce local officials’ ability to control residential construction.
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For the first time since 2022, average US long-term mortgage rate dips below 6%
Feb 26, 2026 3:57 pm - The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring home-buying season gets rolling. The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.76%.
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Barrington Square Town Center in Hoffman Estates sold for $9 millionFeb 26, 2026 7:14 am - Barrington Square Town Center on Higgins Road in Hoffman Estates has been sold for $9 million, marking the shopping center’s first change of ownership since 1979.