Articles filed under Real Estate
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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?
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Houses proposed on part of historic Red Gate Farm near St. CharlesNov 17, 2025 1:00 pm - A developer has proposed building single-family houses on half of the historic Red Gate Farm near St. Charles.
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Affordable housing community for seniors opens in AddisonNov 15, 2025 1:25 pm - Addison Horizon, a 62-unit development offering high-quality, energy-efficient homes for residents ages 62 and older, now is open for residents.
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50-year mortgage proposal has one notable benefit but a number of drawbacksNov 14, 2025 4:05 pm - The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism from policymakers, social media and economists, who said a 50-year mortgage would do little to resolve other core problems in the housing market, such as a lack of supply and high interest rates.
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Paving paradise?: Historic Barrington neighborhood opposes District 220’s plan to buy land for parkingNov 14, 2025 1:15 pm - A Barrington neighborhood with a rich history is gathering petitions to stop Barrington Area Unit District 220’s plans to buy four properties to provide parking for its new auditorium.
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Cook County launches Housing Market TrackerNov 14, 2025 7:17 am - The Cook County Assessor’s Office has launched its new Housing Market Tracker, a first-of-its-kind interactive map that shows real estate trends and individual sales in the county.
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Association board must meet at least 4 times yearlyNov 13, 2025 6:29 pm - The boards of associations must meet a minimum number of times but after that, the frequency should be determined by the business that needs to be conducted.
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Why Elgin could increase its general property tax levy for the first time in more than a decadeNov 13, 2025 1:27 pm - Elgin’s proposed 2026 budget calls for the city’s first increase in the general property tax levy in more than a decade.