Articles filed under Commercial Real Estate
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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.
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‘We just don’t see a path for this’: Second developer pulls out of Lisle projectDec 02, 2024 8:04 am - It’s back to the drawing board for the shuttered Family Square Plaza in downtown Lisle after another developer pulls out of a deal to buy the property.
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Barrington OKs new Porsche dealership — but there’s a catchNov 26, 2024 12:38 pm - Barrington village trustees gave the green light Monday for a new 110,400-square-foot Porsche dealership on the Motor Werks campus, but they rejected a request to install red LED lights on the building.