Articles filed under Commercial Real Estate
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West Dundee begins exterior demolition of shuttered Spring Hill MallMay 29, 2025 6:56 pm - Workers hired by the village of West Dundee have started exterior demolition of the shuttered Spring Hill Mall. The village is clearing the site, which straddles West Dundee and Carpentersville, so it eventually can become a mixed-use development with retail, residential and restaurants.
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From demo to redo: Change in plans for former Oliveti’s building in Des PlainesMay 28, 2025 5:00 pm - The developers who proposed tearing down the former Oliveti’s Italian Ristorante in downtown Des Plaines and putting up a new restaurant building now want to renovate the existing structure.
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Long Grove approves QuikTrip, hears plans for surrounding areaMay 28, 2025 9:59 am - Long Grove trustees granted preliminary approval for a QuikTrip gas station on a 15-acre parcel at Route 83 and Route 53 in a 4-2 vote Tuesday, despite resident opposition that included a petition with more than 900 signatures.
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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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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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Naperville mayor touts Block 59 dining district, calls I-88 corridor the ‘most significant redevelopment opportunity’ in city historyMay 22, 2025 6:18 pm - Naperville Mayor Scott Wehrli presented his State of the City on Thursday, where he talked about development, an I-88 corridor study and a new U.S. Census Bureau estimate.
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Wheeling cannabis dispensary closingMay 22, 2025 2:33 pm - A Wheeling cannabis dispensary and consumption lounge is shutting down after less than three years.
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‘Start from scratch’: Shuttered Vernon Hills furniture store to become athletic clubMay 21, 2025 8:31 pm - Professional body builder to open second Ryse Athletic Club location in former Carson’s furniture store on periphery of Hawthorn mall in Vernon Hills.