Articles filed under Real Estate
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‘It is a milestone’: Sale near for final piece Libertyville Sports Complex siteJan 13, 2025 9:12 pm - The last of five parcels that constituted the former Libertyville Sports Complex is being sold. Libertyville officials are expected Tuesday to approve the sale of 2.77 acres at the northeast corner of Route 45 and Peterson Road for just under $1 million.
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Bell Works ‘Metroburb’ leads renaissance of repurposing abandoned corporate HQ sitesJan 12, 2025 5:03 am - Hoffman Estates village officials and the developer say 2025 could be the tipping point for realizing an ambitious vision — turning the former AT&T headquarters into the self-contained “Metroburb” of Bell Works Chicagoland.
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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.