Articles filed under Commercial Real Estate
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Plans brewing to convert Rolling Meadows’ original firehouse into coffee shopNov 30, 2025 8:45 pm - A shuttered firehouse in Rolling Meadows is set to be transformed into a coffee shop, bakery and community hub, under a tentative deal between the city and proprietors.
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Schaumburg considering second tax incentive for industrial project replacing neighborhoodNov 26, 2025 1:33 pm - Schaumburg trustees next month will consider not just one but two tax incentives for a project proposed to replace 19 unincorporated homes near the village’s southwest corner with a pair of spec industrial buildings.
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Cook County’s tax delay exposes Illinois’ worsening business environmentNov 22, 2025 1:30 pm - Chicago’s and Cook County’s tax bases are eroding. The cost of the government keeps climbing.The biggest weak point is in the business sector. Commercial property values in the Loop fell by 7.2% during the past year. The taxes their owners will pay dropped by more than $129 million.
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The Biz Week That Was: Obstetric unit vote, New housing developments and a luxury car clubNov 22, 2025 1:20 pm - State board approves closing of Alexian Brothers obstetric unit, with a less than ringing endorsement The Illinois Health Facilities and Services Review Board Tuesda...
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‘Industry has been at this site’: Naperville panel endorses data center plansNov 20, 2025 1:42 pm - After a series of marathon meetings packed with project opponents, Naperville’s plan commission has recommended approval of a controversial proposal to build a data center on the north side of the city.
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Compass and Zillow take private-listing feud to New York courtroomNov 19, 2025 6:20 pm - Two heavyweights in the US residential real estate market, Compass Inc. and Zillow Inc., face off in a New York courtroom this week in a legal battle that could reshape the future of how homes are marketed and sold in the country.
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Schaumburg to host public information meeting Thursday for Meacham Road pedestrian bridgeNov 17, 2025 8:20 pm - Schaumburg officials will host a public information meeting Thursday evening to provide details about a long-planned pedestrian bridge over Meacham Road, connecting the convention center and entertainment district on the east side with the Veridian development on the west.
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Chicago Loop commercial property values drop 7.2% amid vacanciesNov 17, 2025 1:58 pm - Commercial property values in Chicago’s Loop, the city’s central district of skyscrapers, financial firms and offices that drives much of its economy, dropped by about 7.2% last year amid lower sale prices and vacancies, according to a report Monday from the county treasurer.
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Should commercial properties be inspected?Nov 17, 2025 1:22 pm - I've made a purchase offer on a four-unit commercial property. Do investors typically hire home inspectors for this kind of property?
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When will Amazon Fresh store open in Buffalo Grove? Nobody knowsNov 12, 2025 8:10 am - Buffalo Grove officials said it is unclear when the much anticipated Amazon Fresh store at The Clove development will open.