Articles filed under Real Estate
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With incentive deal reached, redevelopment of Arlington Heights gateway set to beginSep 17, 2024 5:50 pm - A developer will get $17.8 million in tax increment financing incentives from Arlington Heights for its $130 million residential and retail redevelopment of the village’s south gateway.
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Hoffman Estates approves grant program for small businesses within new TIF districtSep 17, 2024 5:04 pm - Hoffman Estates officials seeking prospective small businesses to transform the originally industrial area just southeast of the Pace bus terminal at Barrington Road and I-90 are offering up to $30,000 in matching grants for necessary building improvements.
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Michael Jordan finally finds buyer for his Highland Park mansionSep 17, 2024 9:13 am - Basketball legend Michael Jordan has found a buyer for his ultra custom mansion in Highland Park and is on track to end his years-long saga to sell one of the most iconic...
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Dist. 214 to sell Arlington Heights Road property once envisioned as performing arts centerSep 16, 2024 7:52 pm - Northwest Suburban High School District 214 is preparing to sell the former Elk Grove Township Elementary District 59 headquarters property it acquired — once envisioned for a District 214 performing arts center — on the south side of Arlington Heights.
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Second senior group home proposed in Schaumburg as first proposal droppedSep 16, 2024 3:46 pm - Schaumburg plan commissioners are expected to hear a proposal for a second, unrelated senior group home Wednesday after developers drop plans a first one.
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Yard House restaurant among new entries in ongoing Hawthorn redevelopment in Vernon HillsSep 16, 2024 9:05 am - Yard House restaurant, which features a large selection of draft beer, and two other businesses were announced as part of the ongoing redevelopment of the Hawthorn mall property in Vernon Hills.
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Rent, utilities rose faster than home values for first time in a decadeSep 15, 2024 5:44 am - The cost of rent and utilities in 2023 rose faster than home values for the first time in a decade, the latest sign that a distorted housing market has pushed more people...
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Mortgage rates just fell again. Here’s what you need to know.Sep 15, 2024 5:22 am - Mortgage rates fell on Thursday to their lowest level since April 2023 — 6.2% for a 30-year fixed-rate mortgage, down from 6.35% a week before, according to Freddie Mac.That’s a sharp drop from the high of 7.8% recorded last October and welcome news for would-be home buyers who have been priced out of the property market, as well as homeowners who bought at high rates and are eager to refinance.
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Construction begins on Schaumburg entertainment district anchored by Andretti Indoor KartingSep 13, 2024 2:41 pm - Jarett Andretti represented the famous multigenerational race car driving family at Friday’s groundbreaking ceremony for Andretti Indoor Karting & Games in Schaumburg.
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High office vacancy rates force Huntley to find other uses for business parkSep 12, 2024 3:08 pm - Huntley is trying to get some more businesses into a corporate park near the Interstate 90-Route 47 interchange. Village officials want to expand the permitted uses in th...