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thepetersburgobserver.com

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Springfield’s Hotel Tax 2nd Only to Chicago’s

A new tax set to be imposed will soon make hotel rooms in Springfield the second-most-taxed in the state, behind the city of Chicago. Debate over the new tax saw economic development pit against a burden the tax could place on the local hotel industry. A new 3 percent hotel...

Springfield, IL · 09-10

FOX2now.com

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SIUE digitizes old mine maps, tracks risks to 330,000 homes

Cracks, shifting walls and basement leaks can stem from mine subsidence, a hazard many Illinois homeowners do not realize they face because their properties sit above old, abandoned coal mines.

Illinois · 09-09
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FOX 2

partner publisher · 117.2K followers
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Over 330,000 Illinois homes at risk from abandoned mines

Over 300,000 Illinois homes sit atop abandoned mines, with more than a century of coal mining having left a hidden network of tunnels across the state.

Illinois · 08-31

familydestinationsguide.com

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These 10 Under The Radar Illinois Towns Offer Dream Home Prices That Will Blow Your Mind

Ready to find under the radar towns in Illinois with dream home prices?. These 10 hidden gems offer affordable living and small-town charm that’s hard to beat!. Let’s start with a town that knows how to make a great first impression. Galesburg is a proud, historic city in...

Illinois · 09-05
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metroeaststar.com

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Illinois Treasurer, Labor Leaders Tout New Law to Invest State Funds in Affordable Housing

SPRINGFIELD – Ahead of Labor Day, Illinois State Treasurer Michael Frerichs, labor leaders, and state legislators on Thursday highlighted a new law that will allow him to make investments to build more affordable housing. Senate Bill 3086, which passed with bipartisan support in late May, allows Treasurer Frerichs to...

Illinois · 09-06

mindfullyamerican.com

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6 Illinois Property Tax Appeals That Almost Always Work

Think there’s nothing you can do once Illinois mails you a reassessment notice?. Illinois’ Property Tax Appeal Board and its county Boards of Review overturn assessments every year on storm damage, sale prices, and property record mistakes, not just clever legal arguments. These are the appeal angles that...

Illinois · 08-28

My Journal Courier

partner publisher · 8.4K followers

Jacksonville apartment project fails to get public support

A plan to rezone for apartments failed after dozens of people spoke out against the proposal.

Jacksonville, IL · 09-04

taylorvilledailynews.com

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Kaufman Promotes Farm, Home Auctions

Farm and residential properties are among the many offerings up for grabs in auctions from Kaufman Realty & Auctions. They each have notable uniquenesses which the sellers hope will lead to high interest and perceived value. Jeremy Piatt, a realtor and auctioneer at Kaufman, says the farmland has several features convenient to central Illinois farmers.

Illinois · 09-05

The State Journal-Register

partner publisher · 14.3K followers

Sangamon County will lose more than just hotel revenue after new tax | Opinion

The Sangamon County Board’s decision this week to approve the full 3% hotel tax is deeply disappointing. It’s disappointing not because our industry opposes investment in Springfield, but because the Board moved forward without answering fundamental questions about the tax’s impact, necessity and long-term consequences. The Springfield Hotel & Lodging Association (SHLA) has been clear and consistent in our support to bring more visitors, conventions and economic activity to Springfield. \We support responsible improvements to the Bank of Springfield Center. We support growth. What we have made clear all along, including in our testimony to the board Tuesday evening, is that SHLA could not support adopting a permanent tax increase of this magnitude without the county demonstrating why the maximum rate is required or how it will strengthen – rather than weaken – our competitiveness. More: Sangamon County Board OKs 3% tax hike to fund BoS Center expansion The county has not released the full feasibility study, updated room night projections, or financial assumptions that justify a 3% tax. The only publicly available study from 2024 shows an estimated 2% increase in room nights, which is far short of the growth needed to offset a tax that will push Sangamon

Sangamon County, IL · 09-04

timestribunenews.com

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Farmland values unchanged according to Farm Credit Illinois study

By Tribune Staff • Farmland values throughout central and southern Illinois held steady from last year, according to the 2026 study of 22 benchmark farms by the Farm Credit Illinois (FCI) appraisal team. Land values had a dramatic run-up beginning in 2003 until peaking in 2014. The first decline...

Illinois · 09-05

familydestinationsguide.com

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The Illinois Town With $700 Rent That Has Everyone Rethinking Where They Live

You’ve been staring at rental listings for months, watching prices climb like they’re training for a marathon, and then someone mentions Charleston, Illinois, and suddenly the whole game changes. One-bedroom apartments for around $700 a month. In Illinois. Right now. That’s not a typo, a scam, or a...

Charleston, IL · 08-30

edglentoday.com

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Illinois Treasurer, Labor Leaders Tout New Law to Invest State Funds in Affordable Housing

SPRINGFIELD - Ahead of Labor Day, Illinois State Treasurer Michael Frerichs, labor leaders, and state legislators on Thursday highlighted a new law that will allow him to make investments to build more affordable housing. Senate Bill 3086, which passed with bipartisan support in late May, allows Treasurer Frerichs to invest...

Illinois · 09-06

My Journal Courier

partner publisher · 8.4K followers

Morgan, Scott tax auctions open for bids

Morgan and Scott counties have opened their county tax auctions, with 33 properties up for bid in Morgan County and two available in Scott County.

Morgan County, IL · 09-02

springfieldbusinessjournal.com

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Building permits – Aug. 24 to Aug. 30

Mary Bryant Home for the Blind received a commercial roofing permit for 2960 Stanton St. Contractor is Central Roofing LLC and the project is valued at $353,603. IL-Springfield Parkway LLC received a commercial roofing permit for 3405 Freedom Drive. Contractor is Jonathan Schilling and the project is valued at $51,000.

Springfield, IL · 09-02

Yahoo!

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Over 330,000 Illinois homes at risk from abandoned mines

ILLINOIS — Over 330,000 Illinois homes sit atop abandoned mines, with more than a century of coal mining having left a hidden network of tunnels across the state. Officials and researchers continue to rely on old maps to determine where those mines may pose a risk to homes, businesses, roads, and other structures.

Illinois · 08-31

capitolcitynow.com

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Sangamon County Board approves hotel-motel tax for BOS Center expansion, with a change

Springfield, IL (CAPITOL CITY NOW) – The Sangamon County Board has approved implementing a three percent hotel-motel tax, which will allow for expansion of the BOS Center downtown, if similar legislation continues to be stalled at the State Capitol. The vote was 20-5, after an amendment was approved that...

Springfield, IL · 09-02

Agriculture Online

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More Than 5,200 Acres of Illinois Farmland Head to Auction in September

More than 5,218 acres of farmland are scheduled to be auctioned in Illinois during September, according to data compiled by Successful Farming®. Listings span 26 counties and range from 9.49–856.8 acres. Here’s a closer look at several notable sales. Marshall and Putnam Counties. In central Illinois’ Marshall...

Illinois · 08-31

Collinsville Daily News

partner publisher · 8.2K followers

Farmland Values Unchanged According to Farm Credit Study

Farmland values throughout central and southern Illinois held steady from last year, according to the 2026 study of 22 benchmark farms by the Farm Credit Illinois (FCI) appraisal team. Land values had a dramatic run-up beginning in 2003 until peaking in 2014. The first decline in more than a decade occurred in 2015 and continued a slight decline through 2018. From that point, land values increased for six consecutive years and hit new highs in 2024. Overall values had a slight decrease in 2025 of 4.41%. From July of 2025 to July of 2026, seven of the 22 farms decreased in value, seven increased, and eight reflected no change. In total, the benchmark farms reflected no overall change. When considering the individual benchmarks values, the year-over-year percentage changes ranged from –8.22% to 12.5%. The variation reinforces that agricultural real estate is a location-specific asset. “While farmland transaction volume decreased this past year, demand and prices paid for Illinois farmland remains stable,” says Kent Reid, Farm Credit Illinois chief appraiser. “Although commodity prices have improved modestly, profit margins remain constrained, which may place downward pressure on land values in the coming year.” Read an in-depth analysis in the full report at

Illinois · 09-01

ilikeillinois.com

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Illinois listed as easiest state in the nation to afford a new home

A new report reveals that prospective homebuyers in Illinois are more easily able to afford a new home than homebuyers in any other U.S. state are. Visual Capitalist ranks Illinois as the easiest state in the nation for typical homebuyers to purchase a new home. According to the report, Illinois households have the largest income surplus among the states where median incomes are high enough to cover the cost of a median-priced home.

Illinois · 08-31

yieldpro.com

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Wingspan Development Group and UrbanStreet Group Form Strategic Alliance to Expand Real Estate Development Opportunities

Two of Chicagoland’s most active development firms with national reach announced that they have completed a merger that will position both firms for accelerated growth: UrbanStreet Group and Wingspan Development Group, a national development arm of Nicholas Family of Companies (NFOC). Wingspan will transition its future pipeline of multifamily...

Illinois · 08-31