Articles filed under Commercial Real Estate
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Recreational cannabis dispensary proposed for former Bakers Square in LibertyvilleFeb 05, 2026 8:18 am - An ordinance prohibiting recreational marijuana sales in town could be put to the test with a proposal to open a dispensary in Libertyville.
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Fatpour tapped for downtown Mount Prospect location, parking concerns raisedFeb 04, 2026 5:10 pm - Mount Prospect trustees approved plans for Fatpour Tap Works in a 6-1 vote, including Mayor Paul Hoefert, voting to provide up to $800,000 in tax increment financing assistance and zoning relief for setback and parking requirements.
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Batavia OKs $1.86 million incentive to turn ex-factory into software company HQFeb 03, 2026 3:58 pm - Batavia is poised to provide $1.86 million in aid to renovate a 100-year-old factory in to a headquarters for a software company.
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New, larger H-Mart Asian grocery store opens in renovated former Kohl’s site in SchaumburgFeb 02, 2026 5:15 pm - A new, larger H-Mart grocery store has opened in a renovated Kohl’s store in Schaumburg, replacing the village’s original decade-old location just blocks away.
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Plan for 5-story building on Fox River Grove’s Block B ‘unlikely’ without new TIF, consultant saysFeb 02, 2026 11:39 am - Fox River Grove is looking to create another downtown tax increment financing district — this time specifically to incentivize redevelopment of a vacant block that was demolished last year.
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The Biz Week That Was: A buyer for Streets of Woodfield, plans for a new Target and a proposed suburban children’s hospitalJan 31, 2026 1:36 pm - Streets of Woodfield in Schaumburg finds eager buyer at a discounted price More than four years after a first attempt to sell the Streets of Woodfield shopping cente...
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East Dundee office building sells for $1.5M; West Dundee restaurant space on sale for $1.25MJan 30, 2026 9:52 am - Continuing the resurgence of East Dundee, an office building in the heart of the downtown just sold for $1.5 million. Meanwhile, a three-level restaurant space is up for sale at $1.25 million in West Dundee.
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St. Charles’ Fox Haven Square aims to be entertainment destination for east sideJan 29, 2026 3:12 pm - With the grand opening scheduled for this spring, the $22 million Fox Haven Square development in St. Charles is quickly transforming from long-imagined to fully realized.
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Streets of Woodfield in Schaumburg finds eager buyer at a discounted priceJan 28, 2026 5:05 pm - More than four years after a first attempt to sell the Streets of Woodfield shopping center, New York-based private equity firm Blackstone has found an eager buyer in Hutensky Capital Partners of Hartford, Connecticut.
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‘A call to action’: Union of Concerned Scientists’ study urges Illinois lawmakers to address clean energy for data center boomJan 25, 2026 8:45 pm - Citing risks of increased pollution and higher electricity costs for all consumers, a science-based nonprofit is calling on Illinois lawmakers to strengthen regulations amid the ongoing data center boom.