Articles filed under Residential Real Estate
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After a foreclosure sale, who pays special assessment?Mar 04, 2026 7:47 pm - After a unit is sold in a foreclosure sale, the association board is not sure how to proceed to collect fees for an ongoing special assessment.
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Senate bill to help Americans afford housing nears the finish lineMar 04, 2026 10:35 am - The U.S. Senate is closing in on a new bipartisan package aimed at bringing down the cost of housing, as both parties fight to prove they’re making life more affordable for Americans ahead of the midterm elections.
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Arlington Heights bans short-term rentals, but could change if Bears come to townMar 03, 2026 6:34 pm - Arlington Heights will ban short-term rentals under 30 days starting July 1, though officials may reconsider amending the rules if the Bears build a stadium at the former Arlington Park site.
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‘It doesn’t belong’: Des Plaines officials want rules for short-term rentalsMar 03, 2026 1:07 pm - A crackdown on short-term rentals could be on the way in Des Plaines.
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Arbor House luxury apartments in Arlington Heights now preleasing unitsMar 02, 2026 2:00 pm - Arbor House, a new luxury apartment community in Arlington Heights, has begun preleasing units. Bradford Allen, a commercial real estate development and advisory firm, developed the 301-unit community as anchor for the 18-acre, mixed-use district known as Arlington Gateway, with first move-ins scheduled for April.
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A year after long delays, Cook County tax bills go out on timeMar 02, 2026 10:04 am - After monthslong delays in mailing tax bills last year created havoc for property owners and local governments in Cook County, officials announced Monday that this year’s bills are out on time.
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The Biz Week That Was: Data center interrupted, Bears tug of war, and the state’s new nuclear goalsFeb 28, 2026 12:50 pm - Lisle seeks details on work at data center property Lisle was forced to take legal action to halt construction at a data center after the company that operates the f...
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Townhouses proposed in downtown Crystal Lake after more than 30-year wait to finish build outFeb 27, 2026 1:11 pm - Builders are looking to finish a townhouse development in downtown Crystal Lake that has been on pause for more than 30 years.
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‘It’s just a bad idea’: Suburban officials oppose Pritzker’s plan to reduce local control over residential zoningFeb 26, 2026 4:40 pm - Municipal leaders gathered Thursday in South Barrington to oppose Gov. JB Pritzker’s plan to legislatively reduce local officials’ ability to control residential construction.
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For the first time since 2022, average US long-term mortgage rate dips below 6%Feb 26, 2026 3:57 pm - The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring home-buying season gets rolling. The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.76%.