Articles filed under Commercial Real Estate
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Revving up an economic engine: Palatine ready to invest $3 million in TIF dollars for four Dundee Road propertiesSep 22, 2026 7:24 pm - Palatine village council members voted this week to authorize spending up to $3 million to purchase four properties on Dundee Road near Rand Road.
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Rolling Meadows to transform strip mall space into $850,000 human services centerSep 22, 2026 5:58 pm - Rolling Meadows will spend $850,000 to renovate a portion of a strip mall to house its expanded human services department, which currently operates from a cramped 750-square-foot apartment and city hall offices.
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How Vernon Hills, developer plan to make sure Hawthorn redevelopment gets doneSep 21, 2026 5:29 pm - Estimated costs have nearly doubled and the timeline has been extended but Vernon Hills officials and owners of the Hawthorn mall property say they are committed to seeing the massive redevelopment project through.
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Bartlett panel still considering two marijuana dispensaries across street from each otherSep 18, 2026 4:15 pm - Two proposed marijuana dispensaries across the street from each other in Bartlett remain under review by the village’s planning and zoning commission, even though the panel previously endorsed one of them for approval.
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Skokie’s Village Crossing Shopping Center sells in landmark retail dealSep 14, 2026 10:29 am - In reportedly the largest Chicago-area retail deal in a decade, Skokie’s Village Crossing has sold for a record-setting $122 million, a spokesperson for Fairbourne Properties, LLC, the shopping center’s buyer, confirmed to Pioneer Press.
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Rosemont set to revoke Sugar Factory’s zoning amid sour ownership splitSep 11, 2026 5:28 pm - The Rosemont village board on Monday is poised to revoke zoning approvals for the closed Sugar Factory restaurant amid a bitter legal dispute between former business partners.
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Dilapidated Des Plaines building to be demolishedSep 11, 2026 11:22 am - A dilapidated commercial building in Des Plaines soon will be demolished.
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Aurora City Council delays decision on plan for hotel near Hollywood Casino siteSep 11, 2026 10:00 am - The Aurora City Council on Tuesday night delayed a decision on a proposed hotel development near the new Aurora Hollywood Casino site, citing concerns over whether the hotel aligns with the city’s vision for the area.
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Dutch Bros Coffee coming to long vacant property in Arlington HeightsSep 11, 2026 9:45 am - Dutch Bros Coffee will anchor a redevelopment at 375-425 E. Rand Road in Arlington Heights, occupying a long-vacant site alongside other retailers including Menchie’s Frozen Yogurt, Paris Baguette and Old National Bank.
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Westfield Old Orchard in Skokie celebrates 70 years as North Shore landmarkSep 09, 2026 12:17 pm - It was the morning of Monday, Oct. 22, 1956, when the doors of a new Marshall Field & Company, the crown jewel among Chicago’s retail royalty, opened for the first time in Skokie. The gleaming three-story, 310,000-square-foot department store would serve as the anchor tenant to what would soon become the metropolis of postwar suburban shopping in Chicago’s North Shore: Old Orchard Shopping Center.