Articles filed under Residential Real Estate
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Carol Stream apartment proposal draws initial thumbs-downJun 11, 2025 12:30 pm - An advisory panel in Carol Stream is recommending the village board reject a plan to build a 20-unit apartment development along Gary Avenue.
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With ‘strong demand for townhomes’ in Naperville, 68 units proposed near middle schoolJun 09, 2025 3:18 pm - The townhouse trend continues in Naperville. One of the latest proposals calls for redeveloping a roughly 10-acre property into a new residential community near Crone Middle School.
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Assessments rise 18.5% for single-family homes in Maine TownshipJun 09, 2025 10:42 am - The property tax assessment for a median single-family home in Maine Township is up about 18.5% from three years ago, according to the Cook County Assessor’s Office.
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Legislation regarding impact fees for schools on hold after clearing General AssemblyJun 08, 2025 9:00 pm - Legislation clarifying municipal officials’ ability to impose fees to help schools pay for construction necessitated by residential developments has cleared the General Assembly — but it isn’t being enacted just yet.
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Developer acquires more property as it reshapes South Arlington Heights Road corridorJun 04, 2025 7:07 pm - The developer behind a massive building in Arlington Heights has acquired more property on South Arlington Heights Road, with plans to reshape the corridor.
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‘A great thing’: New restaurant in old Oliveti’s building could be ready next yearJun 03, 2025 3:17 pm - The entrepreneurs behind a plan to renovate the former Oliveti’s Italian Ristorante building in downtown Des Plaines and open a new eatery there hope to be ready for customers next year.
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Average rate on a US 30-year mortgage rises to 6.89%, its highest level since early FebruaryJun 02, 2025 11:00 am - The average rate on a 30-year mortgage in the U.S. rose last week to its highest level since early February, further pushing up borrowing costs for homebuyers.
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Chicago firm helping draw a new vision for The Promenade BolingbrookJun 02, 2025 10:53 am - Chicago-based Brookline Real Estate is partnering with Rhino Investments Group, a Las Vegas-based real estate firm, to lead the transformation of The Promenade Bolingbrook, a premier open-air lifestyle center.
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Fewer homes being purchased in Chicago area, but sales prices still going upJun 01, 2025 9:00 pm - While the Chicago area had more homes for sale in April 2025 than a year ago, sales were down year-to-year while sales prices went up.
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Clarendale of Algonquin unveils upgrades at June 5 community eventMay 30, 2025 1:55 pm - Clarendale of Algonquin invites the public to its "Unveiling Upgrades Celebration" on June 5, featuring cocktails, appetizers, music, and tours of its independent, assisted living, and memory care residences.