Articles filed under Commercial Real Estate
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Developer to spend $30 million on new industrial buildings in Des PlainesSep 17, 2025 1:05 pm - A real estate developer intends to spend $30 million to raze three industrial buildings and construct three new ones in central Des Plaines.
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Restaurant, townhouses approval new chapter for long vacant village-owned land in Lake ZurichSep 16, 2025 8:01 pm - After 20 years, Lake Zurich envisions a new chapter for vacant village-owned property across Main Street from its namesake lake.
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‘Too close to a residential area’: Libertyville nixes luxury dog boarding facilitySep 15, 2025 6:49 pm - A proposed luxury dog boarding and daycare facility operators say would feature chandeliers and a reception area akin to a Ritz-Carlton hotel for canines has been rejected in Libertyville.
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ULI Chicago offers redevelopment ideas for Naperville’s 5th Avenue areaSep 11, 2025 6:31 pm - A mix of new housing. A more permanent shelter for the Naperville Farmer's Market. An inviting pedestrian environment. A panel of real estate and development professionals is charting a new vision for properties around Naperville’s 5th Avenue Metra station.
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Indian restaurant Indiyaana to be next occupant of Schaumburg banquet hall on American LaneSep 10, 2025 11:25 am - An Indian restaurant named Indiyaana is slated for a November opening at a Schaumburg dining spot that has housed four other restaurants over the past two decades.
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Loyola to transfer ownership of Cuneo Mansion & Gardens to Vernon HillsSep 09, 2025 8:17 pm - After 15 years, Loyola University Chicago will be ending its association with the Cuneo Mansion & Gardens in Vernon Hills.
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Mundelein launches webpage for $2 billion Ivanhoe Village developmentSep 09, 2025 4:28 pm - Extensive information about the proposed Ivanhoe Village residential and commercial development has been compiled in a single digital repository on Mundelein’s website.
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‘Odd thing out’: Neighbors upset about proposed data center development in NapervilleSep 08, 2025 3:05 pm - Opponents of a proposed data center development in Naperville have voiced concerns about power consumption, water use and noise. They’re worried about residential property values and area forest preserves.
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Compass Datacenters ready to build on cleared Sears headquarters site in Hoffman EstatesSep 06, 2025 1:50 pm - Construction is about to start on Compass Datacenters’ five-building campus on 273 acres in Hoffman Estates after the firm invested more than a year on the environmentally respectful demolition of the massive former Sears headquarters once housed there.
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Buy vs. rent: Own a business? Own your building with the SBA 504 loanSep 06, 2025 12:43 pm - Leasing commercial space can appear to be the cheaper and simpler option for business owners. However, once you identify your optimal location and operations are standardized and primed for growth, commercial property ownership becomes a stronger long-term strategy.