Articles filed under Commercial Real Estate
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Conversion of hotel into Lake County’s first permanent family shelter underwayDec 20, 2024 10:19 am - A Travelodge hotel in Waukegan will be converted into the first permanent shelter in Lake County for families with children experiencing a housing crises.
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‘Luxury’ car condos could soon roll into GilbertsDec 16, 2024 1:26 pm - Developers are getting closer to getting a green light from village board members to build a “luxury” car condominium complex with retail and clubhouse space in Gilberts....
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Shodeen fines snowball to more than $41K for blacksmith shopDec 14, 2024 4:59 pm - With fines over its property code violation ratcheting up to $41,250 — as of Dec. 10 — developer Shodeen filed a new court action to undo the city of Geneva’s effort to make a former blacksmith shop “weather tight.”
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Schaumburg eyes $10.5 million purchase of county facility to transform village gatewayDec 13, 2024 4:03 pm - Schaumburg officials are hoping to purchase a Cook County maintenance building at the southeast corner of Algonquin and Meacham roads to spur redevelopment there.
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More apartments, stores could be coming to downtown Des PlainesDec 13, 2024 2:21 pm - Months after it first was proposed, a plan for a seven-story apartment building with ground-floor retail spaces in downtown Des Plaines will be reviewed by the city council Monday.
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Old Rosemont village hall to meet wrecking ball — but glass mosaic will be savedDec 11, 2024 9:28 am - The soon-to-be-vacant former Rosemont village hall building is set to meet the wrecking ball early next year, after officials found it too costly to renovate for potential new office users.
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Arlington Heights board inks deal to lower Bears’ tax bill until stadium construction beginsDec 09, 2024 9:59 pm - The Arlington Heights village board on Monday approved a deal nearly two years in the making that aims to resolve the property tax dispute between the Chicago Bears and three area school districts.
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Naperville self-storage facility aims to expand with 5 new buildingsDec 09, 2024 5:20 pm - A self-storage business is looking to expand its Naperville operations to meet increased demand.
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Bears would pay $3.6 million a year, under proposed Arlington Park property tax settlementDec 05, 2024 6:43 pm - The Chicago Bears would pay $3.6 million in property taxes a year at the sprawling Arlington Park property until construction begins on a stadium, under terms of a proposed agreement released Thursday by Arlington Heights officials.
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Indoor entertainment venue Sky Zone opening in Schaumburg; Arlington Heights site plannedDec 04, 2024 7:00 pm - Sky Zone, an expanding chain of indoor entertainment venues, will open its ninth Chicago-area location Friday at the former Buy Buy Baby store in Schaumburg with another expected in Arlington Heights next year.