Articles filed under Real Estate
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Long Avenue neighborhood near Schaumburg preparing to say goodbyeMar 30, 2026 5:09 pm - The approximately 55-year-old neighborhood on Long Avenue near Schaumburg's southwest corner is experiencing its last spring before bulldozers bring about its fall in late April.
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Property tax collections throughout Cook County outpaced inflation, study showsMar 30, 2026 5:15 am - A new report from Cook County Treasurer Maria Pappas shows property taxes collected by county taxing bodies over the past 30 years grew at twice the rate of inflation.
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St. Charles considering grant to help redevelopment of vacant downtown buildingMar 29, 2026 8:16 am - To spur redevelopment of a vacant historic building that once housed the St. Charles Area Chamber of Commerce and a dairy plant, city officials are considering a $30,000 grant to help bring retail and office uses to the space.
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Demolition work starts on shuttered shopping center in downtown LisleMar 27, 2026 10:32 am - Demolition crews have started work inside the shuttered Family Square Plaza in the heart of Lisle’s downtown district.
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Affordable housing in St. Charles? Apartment developer cites ‘revenue gap’ if units set asideMar 26, 2026 12:10 pm - A 29-acre site in St. Charles – one of the last remaining open properties in town for residential development – is becoming a flashpoint for housing affordability in the city.
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How new Fannie Mae mortgage lending guidelines may affect condo boards, ownersMar 25, 2026 1:17 pm - On March 18, 2026, Fannie Mae changed their mortgage lending guidelines concerning reserve funding levels for condominium associations. These revisions will significantly impact condominium boards’ decision-making and directly affect an association’s FNMA eligibility for home mortgage lenders.
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McHenry shopping center with Aldi, Kohl’s sells for $13.7MMar 25, 2026 9:45 am - The McHenry Town Center strip mall recently sold for $13.74 million, according to a news release from the real estate brokerage that made the deal.
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New developer seeks to adopt previously approved plan for 69 townhouses in Prospect HeightsMar 23, 2026 5:22 pm - A developer is asking the Prospect Heights city council for permission to take over a controversial proposal to build 69 townhouses that was previously approved, but never built.
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‘Zombie’ second mortgages spur new battles in state capitolsMar 21, 2026 1:24 pm - A Bloomberg News investigation last year found that more than 600,000 second mortgages taken out before the 2008 financial crisis — and then largely forgotten amid a wave of loan modifications during the recovery — remain outstanding across the country. Debt collectors buy these mortgages for pennies on the dollar and then demand homeowners pay bills that often include years of back interest.
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Naperville leaders signal support for Pulte Homes development instead of data center planMar 19, 2026 3:12 pm - Naperville City Council members and some neighbors are largely receptive to the prospect of new homes on a vacant property at the north end of town, a far cry from the controversy over a data center plan for the same site.