Lyons, IL Business and More

Logan Square Senior's Tax Bill Doubles to $27,411, Fears Losing Home in Years

Cook County Assessor's Office — Site of Property Assessment Appeal. Randy Temple has lived in his Logan Square two-flat since 1992, when he paid about $100,000 for it. Now, approaching 80 years old, he says his property tax bill has climbed so high that he figures he can only afford to stay in the home for another two or three years.

nadignewspapers.com

Opinion: The company you keep is latest controversy in 45th Ward

That’s how the topsy-turvy dynamics of the 45th Ward have been described by aldermen, committeemen and journalists in the past 25 years. It seems anything can blow up, at any time, into a “controversy.” Sometimes it’s an ex-alderman parking his boat on a city street, sometimes a politico using language out of “The Sopranos” when referring to women, and sometimes it’s the company you keep.

partner publisher · 5.3K followers

Axios Chicago

Chicago developers pitch new Bears stadium sites as Illinois weighs tax incentives

Chicago developers are making a renewed push to keep the Bears in the city , unveiling ambitious stadium plans as state lawmakers consider tax incentives to keep the team in Illinois. The latest: Capri Investment Group, alongside GRIT Chicago, introduced a $10 billion plan on Thursday to transform the former Michael Reese Hospital site in Bronzeville into a 75,000-seat domed stadium. The project would include housing, hotels, parks and entertainment venues. The developers are even offering to buy the Bears' Arlington Heights property to help persuade the team to reconsider Chicago. Context: The Bears spent years pursuing Arlington Heights before turning their attention to Hammond, Indiana , amid disagreements over property taxes. Now, as Springfield considers a potential stadium financing package, Chicago developers want another shot. A rendering of the newly proposed stadium on the former Michael Reese site in Bronzeville. Rendering: Courtesy of Inference The big picture: At least three proposals for new stadiums have surfaced within city limits, all on the South Side. Zoom in: Related Midwest is pitching the former South Works steel mill site near 87th Street and Lake Michigan, where a quantum computing campus and new hospital are already in development. Related Midwest president Curt

hoodline.com

Citadel Securities CEO Peng Zhao Lists Chicago Condo for $6.6 Million

Peng Zhao, the chief executive of Citadel Securities, has listed his Chicago condo for $6.6 million. The condo overlooks Millennium Park. Crain's Chicago Business reported Zhao's listing. Zhao became chief executive of Citadel Securities in 2017 — a role that followed a long run inside the company. According to Citadel Securities, Zhao joined the firm straight out of graduate school in 2006 as a senior quantitative researcher before rising to the top job. The firm's leadership page also notes that Zhao earned his PhD in statistics from the University of California, Berkeley.

Chicago, IL · 9h

southportcorridorchicago.com

Four-Story Development Proposed at 1015 W. Belmont Avenue in Lakeview

Another change could be coming to Belmont Avenue in Lakeview. A proposal for 1015 W. Belmont Avenue would replace an existing low-rise building with a four-story mixed-use development featuring seven apartments and ground-floor retail space. The current building is a narrow, older structure with a pitched roof and a brick...

partner publisher · 4.2K followers

DMR News

Kimberley Saccomonto Expands Residential Real Estate Services Across Chicago, Illinois and Southwest Florida

Kimberley Saccomonto serves buyers, sellers, investors, and relocating families throughout Chicago, Illinois, and Southwest Florida. As a Nationally Recognized Realtor, Top 5% Producer, and PSA (Pricing Strategy Advisor) and e-PRO Certified professional, she provides personalized guidance backed by market knowledge and a client focused approach. Licensed in both Illinois and Florida, she assists clients with […]

dairyprocessing.com

Caputo rolling out burrata in smaller format

MELROSE PARK, ILL. — Caputo Cheese introduced a 2 oz burrata format for retail and foodservice customers, expanding its fresh mozzarella portfolio with a smaller, individual portion. The new product features a fresh mozzarella exterior filled with stracciatella, a mixture of shredded mozzarella and cream. Its smaller size offers...

Melrose Park, IL · 1d

hoodline.com

Wacker Drive Tower Sells at 75% Discount as Loop Bets on Google's Arrival

James R. Thompson Center — Planned Google Midwest Headquarters. A landmark 41-story office tower at 121 W. Wacker Drive has sold at a 75% discount, becoming the latest downtown Chicago building to change hands for a fraction of its former value. The tower hit the market after its owner and lender sought a path forward, part of a broader reckoning playing out across the Loop's office sector.

partner publisher · 68 followers

Grit Daily

Brandy Bell: Where Real Estate Strategy Meets Interior Design

Chicago real estate agent Brandy Bell of Baird & Warner brings 15 years of corporate finance experience to a real estate practice built around seeing beyond a property’s current condition to its potential. She serves buyers, sellers, and investors across greater Chicagoland and Northwest Indiana and is the founder of the interior design studio Welcomed […] The post Brandy Bell: Where Real Estate Strategy Meets Interior Design appeared first on Grit Daily News .

partner publisher · 3.5K followers

Transportation Today News

OmniTRAX announces new tenants for City of Blue Island Commercial Center

OmniTRAX, the rail and real estate affiliate of the Broe Group, has recently signed new tenants at the City of Blue Island Commercial Center. The center is located in Blue Island, a Chicago suburb, and is the area’s newest and largest multi-modal logistics hub. “Blue Island’s strategic location has been a key reason customers come […] The post OmniTRAX announces new tenants for City of Blue Island Commercial Center appeared first on Transportation Today .

Blue Island, IL · 2d

hoodline.com

Former McGee's Tavern Site in Lincoln Park Could Become Five-Story, 20-Unit Building

950 W. Webster Ave. — Approximate Site of Proposed Development. The site of the long-shuttered McGee's Tavern & Grille in Lincoln Park could soon be home to a five-story building with 20 apartments and ground-floor retail. The proposal at 950 W. Webster Avenue calls for four affordable units, a pair of divisible storefronts, eight vehicle parking spaces and room for 20 bicycles.

CNBC

American Airlines brings fresh food back to NY-Chicago first class for first time since 2019

American Airlines said it plans to offer fresh food on flights between New York and Chicago. It's the first time in about seven years that the options are available, a spokeswoman said. The additions are part of American's push to win over more premium customers after falling behind United Airlines...

act-news.com

Paper Transport Runs RNG Trucks for Graphic Packaging

Paper Transport operates eight RNG-powered trucks equipped with Cummins X15N engines on dedicated routes between Chicago and Kalamazoo for Graphic Packaging International. After a year of operation, the partnership is providing information on how alternative fuels can support daily freight transportation while maintaining reliability. U.S. retail diesel prices averaged $6.13...

Kalamazoo, MI · 1d

rejournals.com

partner publisher · 5.3K followers

NAI Hiffman closes sale of 30,000-square-foot office/flex building in Woodridge

NAI Hiffman brokered the sale of a 30,000-square-foot office/flex building at 9026 Heritage Parkway in Woodridge, Illinois, to GlitterStarz Inc., a provider of custom cheerleading and dance apparel. NAI Hiffman Executive Vice President Aubrey Englund represented GlitterStarz in the acquisition, while NAI Hiffman Executive Vice President Adam Johnson and Vice...

Woodridge, IL · 1d

Axios Chicago

O'Hare airport terminal upgrades lag behind other major U.S. hubs, study finds

O'Hare is running out of time to modernize its aging terminals as a new DePaul University study warns that further construction delays could worsen congestion and hurt the airport's global standing . Why it matters: O'Hare is the only airport among the nation's busiest that hasn't completed a major terminal overhaul meeting the study's criteria in decades. O'Hare's last qualifying major terminal project was Terminal 5, which opened in 1993. The latest: The study from DePaul's Chaddick Institute warns that Chicago faces a difficult seven years as it tries to modernize its aging terminals while accommodating growing passenger traffic. Context: O'Hare's modernization program calls for new satellite concourses beginning in 2028 and a new Global Terminal in 2033. But researchers warn that construction, rising costs and continued passenger growth could increase congestion and threaten the timeline. By the numbers: Departing planes at O'Hare spent an average of 28 minutes taxiing before takeoff, while arriving planes took nearly 20 minutes to reach their gates, according to the study. Since 2023, outbound taxi times have increased 26%, while inbound times have jumped 41%. Yes, but: City officials have been touting O'Hare's status as the nation's busiest airport, even as the airport struggles

publisher · 12.7K followers

WTTW - Chicago PBS

Share of Chicago Property Tax Revenues Claimed by TIF Funds Grew 2.1% in 2025: Report

The share of property taxes collected by Cook County and then claimed by Chicago’s tax increment finance districts increased by just 2.1% in 2025, the smallest increase in five years, according to a report by Cook County Clerk Monica Gordon. In all, $1.62 billion poured into the city’s 108...

Chicago, IL · 2d

boardconvertingnews.com

Mesirow Appoints Beber Chief Executive Officer

Chicago, Illinois based Mesirow, a leading independent, employee-owned financial services firm, has announced that Shawn Beber will serve as the firm’s next Chief Executive Officer. After an extensive search, Mesirow’s Board of Directors voted unanimously to appoint Beber to the role. Beber joins Mesirow after more than two...

publisher · 127.4K followers

NBC Chicago

Developers pitch Chicago Bears stadium at former Michael Reese site

A group of developers is pushing for the Chicago Bears to consider building their new stadium within city limits and near the shores of Lake Michigan. Rather than the current site near the Museum Campus, the pitch from GRIT Chicago and Capri Investment Group centers around a $10 billion stadium project that would be located at the site of the former Michael Reese Hospital in the Bronzeville neighborhood.