Articles filed under Commercial Real Estate
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Elk Grove Village to buy shuttered hotel for $11.3M, then tear it down for redevelopmentApr 17, 2026 5:12 pm - Elk Grove Village is purchasing a shuttered hotel at 1000 Busse Road for $11.3 million, with plans to demolish the building and redevelop the site.
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With eye toward revenue sharing at Bears redevelopment, school districts to retain financial adviserApr 13, 2026 7:46 pm - The three school districts near the Bears’ potential Arlington Heights stadium site plan to hire a financial adviser to help negotiate revenue-sharing deals.
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Rosemont’s Stephens is latest player in Bears stadium talksApr 13, 2026 5:02 pm - Rosemont’s Brad Stephens and other House Republicans will meet Wednesday with Gov. JB Pritzker’s staff to discuss legislation that would provide a tax break for a Bears stadium in Arlington Heights.
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‘A unicorn event’: Allstate property could be annexed back into South Barrington ahead of redevelopmentApr 13, 2026 4:04 pm - In an unusual real-estate move, Allstate Corp. has requested South Barrington officials annex its former headquarters back into the village.
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Gurnee invests in art and coffee as new uses for empty spaces on Grand AvenueApr 13, 2026 12:18 pm - Gurnee is investing in the arts and coffee to fill longtime vacancies on Grand Avenue.
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5-story apartment/commercial plan for Fox River Grove advancesApr 13, 2026 11:07 am - The mixed-use development proposed for the vacant block along Route 14 in Fox River Grove is one step closer to breaking ground after planning and zoning commissioners gave the plan a thumbs-up.
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5-story apartment-commercial plan for Fox River Grove advances: ‘Never would have imagined’Apr 11, 2026 3:12 pm - The mixed-use development planned for the vacant block along Route 14 in Fox River Grove is one step closer to breaking ground after planning and zoning commissioners gave the plan a thumbs-up.
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Pritzker joins bipartisan group of governors pushing for data centers to pay their own electric billsApr 11, 2026 7:22 am - As data centers pop up across the U.S., demand for power is surpassing supply in some regions and solutions are costly.
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Long-awaited pub-style restaurant Hopscotch expects mid-May Schaumburg openingApr 10, 2026 3:37 pm - A much anticipated British-style, Indian-influenced restaurant named Hopscotch is targeting a mid-May opening in Schaumburg’s Town Square.
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‘Brewing soon’: Elk Grove Village lands one of first Dutch Bros Coffee shops in the suburbsApr 09, 2026 5:37 pm - Dutch Bros Coffee, a West Coast drive-through chain popular with young people, will open this fall at the corner of Biesterfield and Meacham roads in Elk Grove Village.
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