Articles filed under Residential Real Estate
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‘Senior freeze’ might help you reduce taxesJun 12, 2025 8:16 pm - Senior freeze in the land of real estate assessments could reduce the tax burden for qualifying seniors. How to know if you’d quality, plus find out what other tax exemption options are available.
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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.