Articles filed under Commercial Real Estate
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Des Plaines to buy — and raze — two buildings on Lee StreetJan 22, 2025 6:35 pm - Des Plaines is spending $420,000 for two vacant buildings on Lee Street, with an eye toward tearing them down for redevelopment.
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Elk Grove Village acquiring Staples, former Aldi property for potential skating rinkJan 21, 2025 6:47 pm - Elk Grove Village is purchasing property with a still-operating Staples and vacant former Aldi for $4.5 million with hopes of turning it into a skating rink, pending buy-in from the neighboring Home Depot.
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New hangars proposed to replace Prospect Heights hotel at Chicago Executive AirportJan 21, 2025 1:28 pm - Plans are underway to demolish the shuttered Ramada Plaza by Wyndham Chicago North Shore hotel in Prospect Heights and incorporate its site into a network of eight hangars at Chicago Executive Airport proposed to be operated by the New York-based firm Sky Harbour.
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Batavia still assessing options for historic Tin Shop buildingJan 18, 2025 10:57 am - Batavia city officials this week could decide the fate of a 135-year-old building in the city’s downtown.
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Old Stadium sports bar and strip mall to be demolished for new QuikTrip gas station in Rolling MeadowsJan 17, 2025 2:40 pm - A QuikTrip fueling center and convenience store will replace a long-standing strip shopping center in Rolling Meadows. The 110,000-square-foot strip mall was anchored by Stadium Sports Club & Pizza for 38 years until it closed a year ago.
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How West Chicago is hoping to revitalize its downtownJan 15, 2025 12:15 pm - West Chicago is offering grants of up to $100,000 for property and business owners in its downtown.
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Schaumburg has big plans for parcel at Algonquin, Meacham roadsJan 14, 2025 4:23 pm - Schaumburg Mayor Tom Dailly won applause from suburban business leaders Tuesday with his announcement of a deal to move the eyesore Cook County highway maintenance facility from the village’s redeveloping northeast corner.
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‘It is a milestone’: Sale near for final piece Libertyville Sports Complex siteJan 13, 2025 9:12 pm - The last of five parcels that constituted the former Libertyville Sports Complex is being sold. Libertyville officials are expected Tuesday to approve the sale of 2.77 acres at the northeast corner of Route 45 and Peterson Road for just under $1 million.
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Bell Works ‘Metroburb’ leads renaissance of repurposing abandoned corporate HQ sitesJan 12, 2025 5:03 am - Hoffman Estates village officials and the developer say 2025 could be the tipping point for realizing an ambitious vision — turning the former AT&T headquarters into the self-contained “Metroburb” of Bell Works Chicagoland.
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Elk Grove Village buys former tennis club turned factory for public works storageJan 09, 2025 8:10 pm - Elk Grove Village officials are purchasing a 71,000-square-foot former factory and tennis club building for $5.65 million to store municipal vehicles and equipment.