Articles filed under Commercial Real Estate
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‘A real sense of enthusiasm and excitement’: Lake Villa to pursue development for Pleviak School propertyMay 26, 2025 11:41 am - The former Pleviak Elementary School, a Lake Villa landmark for more than a century, will be going to market with the intention of snaring a “transformational redevelopment.”
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What’s left of Sears? Stores and HQ are nearly gone, but successor still owns and leases many propertiesMay 24, 2025 2:09 pm - Many goodbyes already have been said in Sears’ native Illinois, with its last great headquarters rapidly fading from the landscape of Hoffman Estates. But the one-time retail giant’s 139-year-long story continues at eight remaining stores elsewhere in the country and as a landlord of commercial properties both near and far.
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Mount Prospect seeking developers for former Chase Bank propertyMay 23, 2025 6:20 pm - Mount Prospect is moving forward with plans to redevelopment of the former Chase Bank property at 111 E. Busse Ave.
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‘It’s a high-end grocer’: The Fresh Market coming to Schaumburg’s Veridian developmentMay 23, 2025 3:22 pm - The Fresh Market has been named as the operator of the proposed grocery store serving not only The District at Veridian mixed-use development on the former Motorola site in Schaumburg but the existing neighborhoods around it.
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Naperville mayor touts Block 59 dining district, calls I-88 corridor the ‘most significant redevelopment opportunity’ in city historyMay 22, 2025 6:18 pm - Naperville Mayor Scott Wehrli presented his State of the City on Thursday, where he talked about development, an I-88 corridor study and a new U.S. Census Bureau estimate.
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Wheeling cannabis dispensary closingMay 22, 2025 2:33 pm - A Wheeling cannabis dispensary and consumption lounge is shutting down after less than three years.
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‘Start from scratch’: Shuttered Vernon Hills furniture store to become athletic clubMay 21, 2025 8:31 pm - Professional body builder to open second Ryse Athletic Club location in former Carson’s furniture store on periphery of Hawthorn mall in Vernon Hills.
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‘Quality product and quality service’: Heinen’s grocery store coming to NapervilleMay 19, 2025 6:49 pm - A new Heinen’s grocery store is taking shape in Naperville and replaces a former Butera supermarket.
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‘We’ll see where he takes it’: Cleanup set to begin at old train depot site in Lake ZurichMay 19, 2025 6:31 pm - A complete vision will take time to emerge but work is expected to begin soon to clear an old train depot site near downtown Lake Zurich to assess the possibilities.
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Mount Prospect closes on Chase Bank propertyMay 19, 2025 5:00 pm - The former Chase Bank property officially is in the hands of the village of Mount Prospect.