Articles filed under Real Estate
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Cook County’s tax delay exposes Illinois’ worsening business environmentNov 22, 2025 1:30 pm - Chicago’s and Cook County’s tax bases are eroding. The cost of the government keeps climbing.The biggest weak point is in the business sector. Commercial property values in the Loop fell by 7.2% during the past year. The taxes their owners will pay dropped by more than $129 million.
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The Biz Week That Was: Obstetric unit vote, New housing developments and a luxury car clubNov 22, 2025 1:20 pm - State board approves closing of Alexian Brothers obstetric unit, with a less than ringing endorsement The Illinois Health Facilities and Services Review Board Tuesda...
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New subdivision of single-family homes coming to Lake in the Hills after 2-decade waitNov 20, 2025 2:18 pm - A new subdivision is coming to Lake in the Hills, about two decades after it first was approved.
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‘Industry has been at this site’: Naperville panel endorses data center plansNov 20, 2025 1:42 pm - After a series of marathon meetings packed with project opponents, Naperville’s plan commission has recommended approval of a controversial proposal to build a data center on the north side of the city.
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Compass and Zillow take private-listing feud to New York courtroomNov 19, 2025 6:20 pm - Two heavyweights in the US residential real estate market, Compass Inc. and Zillow Inc., face off in a New York courtroom this week in a legal battle that could reshape the future of how homes are marketed and sold in the country.
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Builder interested in developing former Lombard seminary campus with roughly 160 townhousesNov 18, 2025 3:49 pm - Less than a decade ago, a Baptist seminary moved its main campus from Lombard to Lisle, leaving a uniquely shaped property east of the Yorktown Center shopping mall. A homebuilder has floated a proposal to develop the site with townhouses.
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Schaumburg to host public information meeting Thursday for Meacham Road pedestrian bridgeNov 17, 2025 8:20 pm - Schaumburg officials will host a public information meeting Thursday evening to provide details about a long-planned pedestrian bridge over Meacham Road, connecting the convention center and entertainment district on the east side with the Veridian development on the west.
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Condo buyer’s liability after foreclosure saleNov 17, 2025 6:52 pm - What amounts can a condominium association recover from a new owner after a foreclosure sale of a unit?
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Chicago Loop commercial property values drop 7.2% amid vacanciesNov 17, 2025 1:58 pm - Commercial property values in Chicago’s Loop, the city’s central district of skyscrapers, financial firms and offices that drives much of its economy, dropped by about 7.2% last year amid lower sale prices and vacancies, according to a report Monday from the county treasurer.
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Should commercial properties be inspected?Nov 17, 2025 1:22 pm - I've made a purchase offer on a four-unit commercial property. Do investors typically hire home inspectors for this kind of property?