Downers Grove
Downers Grove, IL · Real Estate
hoodline.com
River West Rezoning Clears Way for 48-Unit Tower at Erie and Milwaukee
W. Erie St. & N. Milwaukee Ave. — Approximate Intersection of Proposed Tower. Two aging three-story buildings, a vacant lot, and a parking lot at the corner of West Erie Street and North Milwaukee Avenue are set to come down to make way for a 48-unit apartment building in River West. The project, led by developer Bachula Development, just cleared a major hurdle after the Chicago City Council rezoned the site from industrial to residential use.
Block Club Chicago
Preservationists Seek Landmark Status For Englewood’s O’Leary Mansion
ENGLEWOOD — Two prominent Chicago preservation groups are seeking landmark status for the famed O’Leary mansion, a massive 125-year-old home built by gambling boss James “Big Jim” O’Leary. Sitting at 726 W. Garfield Blvd., the 33-room Englewood mansion was commissioned around 1890 and built in...
Forest Park Review
Property values, sale prices up in Forest Park, Proviso Township
On Sept. 14, Forest Parkers received in the mail a reassessment notice of their properties from the Cook County Assessor’s Office, which included an estimated market value of their property. Every three years, Proviso Township has its property value assessment, which impacts how much homeowners pay annually in property taxes. Often, the higher the assessment value, the higher the property taxes.
citybureau.org
Fewer Resources to Prevent Evictions Leaving Chicago Renters Exposed
“Perfect Storm” is a series focused on how federal funding instability is affecting local communities, produced by City Bureau in partnership with local organizations in the Documenters Network. It looks at how communities across the United States — big and small, rural and urban — are reckoning with slashes to federal budgets, the sunsetting of COVID-era grants, and turbulent legal challenges leaving funding in limbo. Find the full series here.
yieldpro.com
Optima Inc Announces Grand Opening of Optima Lumina Gallery in Wilmette Illinois
Integrated design-driven real estate firm Optima Inc. announced the public opening of the Optima Lumina gallery, marking the next milestone for its new 133-residence luxury community in downtown Wilmette. Located at 711 Green Bay Road on the ground floor of the neighboring Optima Verdana rental community, the gallery is now accepting appointments for prospective Residents to explore the community’s amenities and units.
oakpark.com
Oak Park area Realtors host home improvement fair
The Oak Park Area Association of Realtors (OPRAAR) has long been involved in supporting and educating residents and real estate professionals in the Oak Park area on all things real estate. This fall, the professional group is supporting locals beyond the closing table. On Oct. 18, they are hosting a Home Improvement Fair at the Main Library.
yieldpro.com
Draper and Kramer Acquires 268-Unit Class A Apartment Community in Evanston Illinois
National full-service real estate firm Draper and Kramer, Incorporated, announced it has purchased a 268-unit luxury multifamily rental building in Evanston, Ill., a suburb directly north of Chicago and home to Northwestern University. The 15-story property, Albion Evanston, will be rebranded as Eva under Draper and Kramer’s ownership. Draper and Kramer will also assume property management of the community, which was 98.5% leased and 98% occupied at the time of acquisition.
Chicago Public Radio
The Rundown: Another Downtown Chicago mall revamp
Good afternoon! It’s Thursday, and a new audiobook offers a history of the Great Chicago Fire — from cow-scapegoat Mrs. O’Leary’s perspective. Here’s what else you need to know today. Edwards Realty Co. purchased Block 37 for $30 million with plans to revamp the consumer...
Block Club Chicago
White Sox Minority Owner’s Firm Buys Another Property Near Proposed Ballpark In South Loop
SOUTH LOOP — Justin Ishbia’s vision for a new White Sox stadium and mixed-use development in the South Loop took another step forward with the purchase of The Maxwell shopping center last week. An affiliate of Ishbia’s Chicago-based private equity firm, Shore Capital Partners, purchased the 240,000-square-foot shopping...
hoodline.com
Back Of The Yards Welcomes 51 Affordable Homes At New United Yards 1A
4703 S. Justine St. — Approximate Site of Affordable Housing Ribbon-Cutting. Chicago officials cut the ribbon on a new six-story affordable housing complex in Back of the Yards on October 2, marking the opening of United Yards 1A at the southeast corner of West 47th Street and South Justine Street. The development brings 51 affordable apartments to a stretch of the neighborhood that city officials say had sat vacant and underused for years.
hoodline.com
West Loop's 315 South Jefferson Lands Full Permit, Nine Stories Set to Rise Near Union Station
A surface parking lot near Union Station is about to become a nine-story apartment building. 315 South Jefferson Street has received its full construction permit, clearing the way for a 52-unit mixed-use development in the heart of Chicago's West Loop. The milestone was reported by Chicago YIMBY, whose October 7...