Articles filed under Commercial Real Estate
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Going, going, almost gone: The demolition of Sears campus in Hoffman Estates is almost doneMay 14, 2025 5:06 pm - The demolition of Sears’ former 2.4 million-square-foot headquarters in Hoffman Estates is entering its final stages.
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180-year-old St. Charles home could be demolished to make way for parking lotMay 14, 2025 2:01 pm - A 180-year-old St. Charles home has evaded demolition for years despite owners’ attempts to level the structure and convert the site to a parking lot. But its time may soon be up after a planning and development committee recommended approval for the first steps towards demolition.
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Carpentersville purchases former Kohl’s building at Spring Hill Mall for $2 millionMay 14, 2025 10:11 am - Carpentersville made the last purchase at Spring Hill Mall on Tuesday, agreeing to buy the former Kohl’s building for $2 million.
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Agreement would settle lawsuit, approve design for long vacant Liberty Theater in downtown LibertyvilleMay 09, 2025 6:17 pm - An impasse involving development of the long vacant Liberty Theater in downtown Libertyville could be solved with a proposed settlement agreement.
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After delays, controversial church proposal heads to South Barrington village boardMay 07, 2025 5:23 pm - After months of delays, a controversial plan to construct a church and school in South Barrington has cleared a key bureaucratic hurdle and is headed to the village board Thursday night for consideration.
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Developer releases plans for vacant property along Route 83 in Long GroveMay 01, 2025 2:08 pm - A developer has released design plans for a 15-acre parcel of vacant land at the intersection of Routes 83 and 53 in Long Grove.
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Shuttered Prospect Heights hotel suggested for senior housing as prior taxes pursuedApr 29, 2025 4:11 pm - The new owner of the abruptly closed Crowne Plaza Chicago-Northbrook hotel in Prospect Heights has already made an informal proposal to the city to convert the 318-room building into a senior-living facility, city officials said.
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Barrington approves redevelopment agreement on Golden TriangleApr 29, 2025 2:26 pm - Barrington trustees Monday put the final touches on a redevelopment agreement for a mixed-use project on Hough Street between the Union Pacific and Canadian National Railway tracks.
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A Texas-based firm wants to bring new life to former Aon headquarters in LincolnshireApr 24, 2025 11:41 am - Texas-based Woodcrest Capital has acquired the former 31-acre Aon headquarters within the 330-acre Lincolnshire Corporate Center with the intention of bringing new life to it with highly competitive lease rates.
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Mount Prospect’s Maple Street Lofts sells for $60 millionApr 24, 2025 8:45 am - One of the new luxury apartment complexes shaping downtown Mount Prospect has a new owner and a new name.