Articles filed under Real Estate
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Northern exposure: Why Chicago’s Northwest suburbs are a bright spot for new multifamily developmentJan 12, 2025 4:45 am - Prospective Chicago-area renters struggling to find suitable housing know all too well that the suburbs are red-hot, with rents on the rise and 16 people ready to sign a lease for every one apartment, according to a recent study from RentCafe.
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Elk Grove Village buys former tennis club turned factory for public works storageJan 09, 2025 8:10 pm - Elk Grove Village officials are purchasing a 71,000-square-foot former factory and tennis club building for $5.65 million to store municipal vehicles and equipment.
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Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increaseJan 09, 2025 11:10 am - The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
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‘Density is overwhelming’: Can developers address concerns for proposed apartment community in Lake Zurich?Jan 07, 2025 9:24 pm - Density, traffic and stormwater are among concerns of village officials regarding what would be Lake Zurich’s largest rental community proposed for the Regal cinema property on Route 12.
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A possible spark: Wauconda TIF’s first redevelopment deal includes a StarbucksJan 05, 2025 5:14 am - A plan to build a Starbucks and make improvements in an area south of Route 176 and east of Route 12 in Wauconda is considered a big step in an area targeted by village officials for redevelopment.
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Proposal calls for replacing ‘aging, underutilized’ Regal Lake Zurich theater with apartmentsJan 03, 2025 5:58 pm - Developers are seeking feedback from Lake Zurich officials for what would be the largest residential community in town.
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Schaumburg awaiting formal plans for housing on Loeber propertyJan 03, 2025 5:05 pm - Schaumburg officials are anticipating the submittal this month of a revised formal proposal by developer Nitti Group LLC for exclusively owner-occupied housing units on the 33-acre Loeber Farm property adjacent to Rolling Meadows.
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Supportive living facility proposed for vacant land in Des PlainesJan 03, 2025 12:38 pm - Plans for a new supportive living facility in Des Plaines will be unveiled publicly Tuesday night.
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Construction complete on Station 250 multifamily development in MundeleinJan 02, 2025 4:46 pm - Ware Malcomb, an award-winning international design firm, recently completed construction on Station 250, an upscale multifamily development in Mundelein. The firm pr...
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Ramzy’s Italian Steak House to replace The Local Kitchen & Tap in SchaumburgJan 02, 2025 12:30 pm - Just days after the closure of The Local Kitchen & Tap in Schaumburg, plans already are maturing to replace it at 1140 E. Higgins Road with Ramzy’s Italian Steak House.