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Lakemoor, IL · Real Estate

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Cunat Launches $56M DST Offering for 540-Unit MF in McHenry

Cunat, Inc. announced the launch of Cunat Exchange X DST, which is seeking to raise $56.17 million. The DST owns The Residence of Fox Meadows, a newly developed 540-unit multifamily community in McHenry, Illinois, approximately 50 miles northwest of Chicago. Cunat developed The Residence of Fox Meadows and sold the property to the DST for $135 million. The 18-building community sits on approximately 37 acres and was 97.5% occupied.

Mchenry, IL · 17h

chicagostarmedia.com

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There's no place like home: The five quirkiest houses in Illinois

As the birthplace of some of architecture's most cutting-edge and innovative advancements, it comes as no surprise that Illinois plays host to a wide collection of unique, unusual, and quirky establishments. From sprawling historical complexes to artistic bungalows, these homes push the boundaries of what a house can be, inspiring and stirring guests' imaginations along the way.

Wadsworth, IL · 3d

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This Affordable Illinois Town Is So Cheap, Retirees Say Social Security Covers It All

Somewhere in the heart of Illinois, there’s a town called Kewanee that’s quietly doing something remarkable, and most people have no idea it exists. It’s the kind of place where your money stretches so far you’ll start wondering if you’ve accidentally traveled back in time to when a dollar actually meant something.

Kewanee, IL · 12d

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Skip The Big Cities And Rent For Under $800 In This Overlooked Wisconsin Town

Somewhere between Chicago’s chaos and Madison’s coffee shop lines, there’s a Wisconsin town quietly doing everything right, and its name is Beloit. Most people drive past it without a second thought, which is honestly their loss and your gain. Beloit sits right on the Illinois-Wisconsin border, hugging...

Beloit, WI · 6d

CBS Chicago

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Cook County pilot program helping aspiring homeowners realize their dream

A Cook County housing program is bringing new homes and potential financial assistance to working families in underserved communities.

Cook County, IL · 10h

hoodline.com

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CHA Unveils Final Plan for 4,100 Homes at Cabrini-Green

The Chicago Housing Authority has released its final blueprint for redeveloping the last of the land once occupied by Cabrini-Green, calling for approximately 4,100 mixed-income homes spread across 43 acres and 16 former public-housing sites on the Near North Side. The framework, known as Cabrini NOW, divides that land into four distinct zones — Rowhomes, Division, Larrabee and Sedgwick — each with its own mix of building types, unit counts and green space.

Chicago, IL · 3d

chicagostarmedia.com

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Scottie Pippen buys $2.1M luxury condo in Chicago’s Streeterville

Chicago Bulls icon and NBA Hall of Famer Scottie Pippen has officially returned to the Chicago real estate market, purchasing a stunning $2,187,500 luxury condominium in the heart of downtown Streeterville. Purchased through an opaque land trust, the high-rise acquisition marks Pippen's official return to Chicago-area homeownership five years after...

Chicago, IL · 2d

whatnow.com

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Woman-Owned Illinois Plumbing Company Files for Chapter 7 Bankruptcy

Kohn Plumbing, LLC is a woman-owned commercial plumbing contractor serving Chicago and its surrounding suburbs. The company filed for Chapter 7 bankruptcy protection on November 3 in the U.S. Bankruptcy Court for the Northern District of Illinois. Note: Chapter 7 bankruptcy generally involves the liquidation of a debtor’s eligible assets...

Chicago, IL · 1d

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Logistics Property Company closes on 74-acre industrial site in Joliet

Logistics Property Company, LLC closed on a 74-acre site at 23960 South Houbolt Road in Joliet, Illinois. Located in the I-80 corridor, the site offers immediate proximity to BNSF’s Logistics Park Chicago Intermodal and Union Pacific’s Global 4 Intermodal Terminal. Together, the two terminals form the largest inland port in North America, providing one-day drayage access to more than 40% of the United States population.

Joliet, IL · 3d

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Joliet Set for 1.3 Million-Square-Foot Warehouse as Region's Industrial Boom Rolls On

A developer is planning a nearly 1.3 million-square-foot warehouse on a 74-acre site southwest of Chicago, adding another massive project to an industrial pipeline that keeps growing in Joliet, Illinois. Logistics Property Company's planned facility at 23960 South Houbolt Road would total 1,279,700 square feet. The project adds to an...

Joliet, IL · 2d

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Loop Apartment Conversion at 330 S. Wells Changes Hands in Sheriff's Sale

330 S. Wells St. — Approximate Site of Conversion Sheriff's Sale. A downtown Chicago apartment building that was once a vintage office tower has changed hands through a sheriff's sale, the latest twist in a yearslong financial saga for one of the Loop's earliest office-to-residential conversions. The property at 330 S. Wells St. had been converted from offices into 132 apartments, but mounting debt eventually pushed it into foreclosure.

Chicago, IL · 1d

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Arlington Heights Apartment Building Sells for $25M After Pandemic Construction Delay

A 76-unit apartment building near downtown Arlington Heights has changed hands for $25 million, with multifamily investor William Covaci acquiring the five-story property through an operated entity. The building, known as FourNorth Apartments, sits at 4 North Hickory Road and was sold by its original developer, Benchmark Developers. The deal...

Arlington Heights, IL · 1d

Block Club Chicago

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These Chicago Politicians Just Won Reelection. Now They Want Your Vote For Mayor

DOWNTOWN — Alexi Giannoulias has won reelection to serve another term as the Illinois Secretary of State, a widely expected result in deep-blue Illinois. But whether Giannoulias will serve out all four years in office remains a very open question. Like several other longtime politicians who won reelection to their various positions on Tuesday, he’s in the middle of an increasingly fierce campaign for Chicago mayor — and is widely seen as one of the frontrunners.

Chicago, IL · 1d

rejournals.com

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NAI Hiffman closes five lease transactions at Oak Brook office building

NAI Hiffman completed five lease transactions totaling 17,875 square feet at 903 Commerce Drive, a 72,241-square-foot office building in Oak Brook, Illinois. NAI Hiffman Executive Vice President Steve Chrastka and Senior Associate Broker Connor Dale represented JVM Realty in the transactions with MDI Access, Inc., Landmark Agency, LLC, Romano Beverage, Forvis Mazars and a confidential tenant.

Oak Brook, IL · 2d

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Westmont Garage-Condo Project Lets Gearheads Buy Parking for Their Porsches

A new kind of condo is headed for Westmont, and it is not meant for people to sleep in — it is meant for their cars. Torque Motor Suites is planning a car-condominium development in the DuPage County suburb that would give collectors private, climate-controlled garage suites along with a shared clubhouse.

Westmont, IL · 1d

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Trulee Evanston sells for $79 million to real estate investment trust

Boston-based AEW Capital Management sold the retirement complex Trulee Evanston, 1815 Norwood Court, to real estate investment trust Healthpeak Properties on Sept. 1 for $79 million, Cook County Clerk property records indicate. Berkadia, the commercial real estate firm that brokered the sale, announced the sale in a Sept. 8 press...

Evanston, IL · 1d

southwestregionalpublishing.com

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Orland Park to demolish former garden center, restaurant

A few eyesores in Orland Park are coming down. The Village of Orland Park Board of Trustees voted at the Oct. 19 meeting to award Markham-based KLF Enterprises a pair of contracts for demolition of buildings on the properties of 15151 Harlem Ave. and buildings on 17101 and 17171 Wolf Road.

Orland Park, IL · 2d

southportcorridorchicago.com

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Construction Begins on Major North Center Redevelopment at Lincoln, Damen and Irving Park

Construction is underway at 3959 N. Lincoln Avenue, bringing a major redevelopment to the busy Lincoln, Damen and Irving Park intersection in North Center. The project will renovate the existing five-story former bank building and add new construction, creating 64 affordable apartments, commercial space and supportive services. A historic building...

Chicago, IL · 18h

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North Center's 4309 N. Lincoln Gets Brick, Glass and Balconies, Still a Mystery Inside

4309 N. Lincoln Ave. — Approximate Site of 12-Unit Residential Project. A four-story, 12-unit residential building rising at 4309 North Lincoln Avenue in North Center has reached a visible milestone: brickwork, glass installation and balconies are now complete on its residential floors. The ground-floor commercial space, however, remains an unfinished shell, with plenty of work still ahead before the project is ready for tenants.

Chicago, IL · 9h

connectcre.com

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Ware Malcomb Completes Historic Residential Conversion in Downtown Chicago

Ware Malcomb announced construction is complete on 79 W. Monroe, an office-to-residential conversion project located in downtown Chicago’s Loop district. Ware Malcomb’s Chicago office provided architecture and interior design services for the renovation of the historic 14-story building, which included transforming seven upper floors of vacant office space into 76 market-rate and 41 affordable apartment units, along with ancillary amenities.

Chicago, IL · 1d