Articles filed under Commercial Real Estate
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‘This market has high potential’: Round Lake Beach shopping center sold, redevelopment plannedMar 31, 2025 10:27 am - Round Lake Beach officials for the second time in recent weeks have announced planned reinvestments by out-of-town developers in a key commercial corridor.
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Elk Grove Village sells recently purchased building at break-even priceMar 28, 2025 5:22 pm - Elk Grove Village officials purchased a building for storage last year but found another building nearby that was bigger, so they are selling the former site to a company for a small profit and providing TIF funds to open a showroom.
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Dispute over Ivanhoe Village proposal prompts a resignation in MundeleinMar 27, 2025 2:17 pm - Mundelein resident, artist and author Shawn Killackey resigned from the historical commission this week over the ongoing dispute concerning the proposed Ivanhoe Village development.
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Construction begins on 164 high-end townhouses at Bell Works in Hoffman EstatesMar 26, 2025 1:11 pm - Officials recently broke ground on a project involving 164 townhouse units on the northeast side of Bell Works in Hoffman Estates, which will be known as The Towns at Bell Works Chicagoland.
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How pickleball is revitalizing vacant big-box spaces across suburbsMar 26, 2025 9:13 am - When big-box stores like Toys R Us or Buy Buy Baby close, they leave behind tens of thousands of empty square feet — spaces that can be difficult to fill. One unlikely contender —pickleball — is breathing new life into these cavernous retail spaces.
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Schaumburg commits $47 million toward development of The District at VeridianMar 26, 2025 8:18 am - Schaumburg trustees Tuesday formalized the village’s commitment of $47 million in eligible funding toward the imminent $195 million development of The District at Veridian, a 30-acre “Main Street”-style development at the eastern end of the former Motorola campus.
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‘A much desired use’: Hawthorn Woods approves incentive for potential grocery store developmentMar 25, 2025 8:09 pm - The table has been set to attract retail uses, possibly including a grocery store, to the long-undeveloped corner of Old McHenry and Midlothian roads in Hawthorn Woods.
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Mundelein baseball facility could relocate and expandMar 25, 2025 1:28 pm - A private youth baseball training facility in Mundelein could relocate to the village’s northwest side and expand its amenities.
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Landowners want to disconnect from South BarringtonMar 25, 2025 11:43 am - The owners of roughly 89 acres of adjoining properties in South Barrington want to disconnect from the village, court documents indicate.
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Lake Zurich’s first detailed comprehensive plan update in 22 years shifts emphasis to include redevelopmentMar 24, 2025 9:32 pm - Officials recently approved “Lake Zurich Together” the first detailed update of the village’s comprehensive plan since 2003, expanded to include policies for infill and redevelopment.