Articles filed under Residential Real Estate
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Condo board can sue developer over roof defectsApr 01, 2026 11:24 pm - No matter who owns the roofs in a condominium association, the board has the authority to take legal action on behalf of the owners regarding defects.
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Warrenville attracts developer for ‘catalyst’ project in city’s Old TownApr 01, 2026 12:57 pm - The city of Warrenville’s efforts to spark redevelopment on a former gas station property are bearing fruit. West suburban developer Denver Capital has proposed a mix of residential and commercial space at the northeast corner of Batavia and Warrenville roads.
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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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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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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.
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