Millbrook
Millbrook, IL · Real Estate
hoodline.com
Near North Parking Lot Could Become Scaled-Back Hotel and Condo Tower
A surface parking lot in Chicago's Near North neighborhood could soon give way to a five-story building mixing hotel rooms, condos and retail, after Stob Hotel LTD filed a zoning application for 864 N. Orleans. The site sits midblock on N. Orleans Street between W. Locust Street and W. Chestnut Street, and the new filing marks a significant scale-back from what was approved there six years ago.
hoodline.com
CityPads Eyes Eight-Story, 111-Unit Tower for Evanston's Chicago Avenue
A one-story building that's housed the Connoisseur Oriental Rugs store on Chicago Avenue could soon give way to an eight-story, 111-unit apartment building. The developer behind the project, CityPads, submitted a zoning analysis application for the site at 1000 Chicago Ave. and is now awaiting initial feedback from the city before moving forward with a formal application.
Forest Park Review
chicagostarmedia.com
Movin’ on up! Chicago surpasses Miami & Manhattan as America’s most competitive rental market
Chicago has overtaken two major cities—Miami and Manhattan—as the nation’s most competitive rental market, as a limited supply of apartments meets steady demand. During the peak 2026 leasing season, about 17 prospective renters competed for each available unit, and vacant apartments were leased in an average of 27 days, according to RentCafe data reported by Yahoo Finance.
oakpark.com
Deep in the weeds, Oak Park debates other paths to affordable housing
Shape Oak Park’s proposed zoning changes and the SB Friedman feasibility study have highlighted that zoning alone does not produce new development. Other tools are needed to see changes in housing and affordability. Oak Park’s inclusionary housing ordinance is a tool that has remained at the forefront for nearly a decade and will be looked at again.
hoodline.com
River North's Dead Rainforest Café Building Hits Owner With $10M Default Judgment
The owner of Chicago's long-abandoned Rainforest Café building has been ordered to pay $10 million over a loan default, the latest blow for a River North property that has sat empty since the jungle-themed restaurant shut its doors more than five years ago. The two-story, 22,000-square-foot building at 605 N. Clark St. once drew tourists and families with its animatronic animals and thunderstorm effects, but it has stood vacant since the restaurant closed in August 2020.
hispanicexecutive.com
Martin Cabrera Jr. Wants Latinos to Control the Capital
Martin Cabrera Jr. was supposed to become an architect. Growing up in Chicago’s Little Village neighborhood, the son of Mexican immigrants had little exposure to the financial world. His family worried about paying the mortgage, not investing in the stock market. But a high school economics teacher introduced him to a stock market simulation, and what began as a classroom exercise changed the direction of his life.
The Center Square
Why Luxury Buyers Are Lining Up in Chicago, but Not Seattle
hoodline.com
Fulton Market's 33-Story Geothermal Tower Is Planned With 65 Wells Drilled 850 Feet Down
Construction is underway in Chicago’s Fulton Market neighborhood on a 33-story apartment tower that will not burn a drop of fossil fuel to keep its future residents warm or cool. Instead, 410 N. Elizabeth St. is drawing on 65 wells drilled roughly 850 feet into the ground, part of a system developers say will make it the city’s first all-electric, geothermal-powered multifamily high-rise.
TripJaunt
dogbreedpro.com
18 Illinois Lease Documents And Dog Records Chicago Renters Should Gather Before Apartment Hunting
Finding a Chicago apartment that welcomes your dog can feel like a puzzle. The good news is that a little paperwork prep makes the whole search smoother. Landlords move fast, and the renter with a ready folder often gets the first yes. Think of this guide as a friendly checklist from someone who has done the legwork.
rejournals.com
Exit Ramp Narrows: Suburban Chicago’s emptiest office buildings are running out of places to go
Three years ago, aging office campuses in Chicago’s northwest suburbs had a ready exit. Compass Datacenters paid $194 million for the former Sears headquarters in Hoffman Estates. Aligned Data Centers assembled a row of office buildings along Elk Grove Village’s Northwest Point Boulevard to clear for a data center campus.
connectcre.com
ArentFox Schiff Moves to Renovated Floors in Willis Tower
Law firm ArentFox Schiff has relocated its Chicago office to three newly renovated floors in the Willis Tower, located at 233 S. Wacker Drive in Chicago, Illinois. With the move, the firm maintains its presence in a building it has occupied since the legacy firm Schiff Hardin moved into what was then the newly constructed Sears Tower in 1974. The firm downsized from nearly 181,000 square feet to 75,700 square feet across floors 72, 73, and 74. The new office space will accommodate the firm’s approximately 250 employees, with room to grow.
hoodline.com
Nearly Empty Loop Tower at 55 E. Jackson Eyed for Apartments or Hotel
A 22-story office tower at 55 E. Jackson Blvd. in Chicago's Loop business district sits nearly vacant after its previous owner and lender surrendered control, and the building's receiver is now pitching it as a candidate for residential or hotel conversion. The building's steep falloff marks the latest sign of distress among the city's aging commercial towers, even as developers across downtown race to turn empty office floors into apartments.
hoodline.com
Uptown Parking Lot Near Thorek Hospital Could Become 35-Unit Apartment Building
5036 N. Ashland Ave. — Approximate Site Of Proposed Apartments. A parking lot and an adjacent vacant lot across from Thorek Hospital in Uptown could soon give way to a five-story, 35-unit residential building, under plans presented to the neighborhood last week. The site sits at the intersection of North Ashland Avenue and West Winnemac Avenue, near the edge of Andersonville, and would bring a mix of one- and two-bedroom apartments along with a shared rooftop deck to a stretch of Ashland that has seen a wave of similar projects in recent years.
WGN Radio
Illinois Hotel & Lodging Association: ‘We have to understand the cost pressures that hotel owners are facing’
Michael Jacobson, President and CEO, Illinois Hotel & Lodging Association, joins John Williams to talk about the Chicago hotel workers strike, what’s holding up the negotiating process, how the bargaining works, what a typical hotel worker makes, the lucrative benefits that hotel workers receive, how disruptive this has been for hotel operations, and what needs to happen so […]
connectcre.com
Lee & Associates of Illinois Closes Four Office Suburban Chicago Leases
Lee & Associates has closed four office leases in Chicago’s western and northwest suburbs. Grant Bollman, senior vice president at Lee & Associates of Illinois, represented tenants in the transactions, which included Thomas Architects signing a 1,411-square-foot new lease in Arlington Heights and Thorndale Construction signing a 2,903-square-foot lease expansion in Naperville. Additionallu, TekPro Staffing signed a 2,577-square-foot lease expansion in Oak Brook, and Terrell Materials signed a 2,804-square-foot lease renewal in Westmont.
The Crusader Newspaper
Gary Mayor Eddie Melton Launches “GrowIN Gary” to Revitalize Neighborhoods
New land sale initiative aims to transform vacant properties into housing, attract investment and strengthen communities across the city. Mayor Eddie Melton has announced the launch of GrowIN Gary, a new city land sale platform designed to transform vacant properties into residential development opportunities, attract private investment and accelerate neighborhood revitalization throughout Gary.