Articles filed under Commercial Real Estate
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Teaching practical skills: Wheeling robotics company to open manufacturing incubator in MundeleinFeb 26, 2025 8:55 am - A Wheeling robotics company plans to expand by opening a second facility in the village-owned Archer Business Center, 165 N. Archer Ave. The Mundelein facility will be a manufacturing incubator at which professional apprentices and interns can learn skills using modern equipment.
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Schaumburg approves 321 high-rise apartments, 66 more rowhomes in Veridian developmentFeb 25, 2025 7:57 pm - Schaumburg trustees Tuesday gave final approval to the nine-story apartment and retail building that will be the first component of the 30-acre mixed-used area called The District at Veridian on the former Motorola campus at the southwest corner of Algonquin and Meacham roads.
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Fox River Grove selects developers for downtown mixed-use projectFeb 24, 2025 4:11 pm - Fox River Grove moves forward with downtown revitalization, selecting developers for mixed-use project with apartments, retail, and parking on prime site near Metra station.
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‘It is a black hole in our downtown area’: Mount Prospect moving ahead with buying former Chase Bank buildingFeb 19, 2025 5:20 pm - Mount Prospect trustees voted for the village to move ahead with the $5 million purchase of the former Chase Bank building.
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‘Most beautiful building in town’: Des Plaines set to invest millions to turn former bank into restaurantFeb 19, 2025 12:08 pm - Des Plaines officials are celebrating a proposed real-estate agreement that would see a historic downtown building undergo a multimillion-dollar renovation.
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Restaurant closes as review of proposed apartment project in downtown Libertyville continuesFeb 17, 2025 5:06 pm - After six years, Birdy’s Coffee House & Little Kitchen, a cozy spot near the Metra line in downtown Libertyville for warm scones and breakfast sandwiches by the fire, has closed.
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‘A rescue mission’: Will Mount Prospect buy Chase Bank building?Feb 17, 2025 1:56 pm - Mount Prospect could reach into its pockets for $5 million to buy the moribund Chase Bank building, which village officials consider a blight in the heart of the downtown.
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Bell Works in Hoffman Estates adds new tenants, existing firm expandsFeb 17, 2025 10:16 am - Bell Works Chicagoland in Hoffman Estates has announced the signing of another 73,500 square feet of newly leased space by seven additional tenants and the major expansion of an existing one.
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German food manufacturer plans $25.8 million project in HuntleyFeb 16, 2025 12:03 pm - A German food manufacturer with its U.S. headquarters in Hoffman Estates is expanding its American operations with a new facility in Huntley.
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Des Plaines close to inking deal with restaurateur for historic downtown buildingFeb 13, 2025 4:13 pm - Des Plaines would spend up to $12 million to renovate a historic, vacant building in the downtown area before turning it over to a restaurateur, proposed lease terms indicate.