Willow Springs
REAL ESTATE
Residential development Porter opens in Oak Park
Porter, a new residential development at 1105 Pleasant St. in Oak Park, will have its grand opening and ribbon-cutting ceremony from 5 p.m. to 8 p.m. June 6. The complex is a seven-story tower with 158 apartments, including studio, one-, two- and three-bedroom units and maisonette homes. So far, about...
This $5.2 Million Illinois Mansion Starred in ‘Home Alone’
A little over 12 years after it last sold to its current owners Tim and Trisha Johnson for nearly $1.6 million, a recently revamped home in an affluent Chicago suburb nestled along Lake Michigan’s North Shore has once again popped up for sale. But this time you’ll need a bit more cash to pick up the keys to the lavish Georgian-style spread, which is now listed for a speck under $5.2 million.An Ultra-Modern Residence in a Landmarked L.A. Neighborhood Lists for $2.6 Million Tucked away behind a wrought-iron gate amid a tree-lined street in East Winnetka, the mansion was built in 1921 but...
Mortgage payments have grown the most in this U.S. city over the past 2 years—it's not New York or San Francisco
With steep mortgage rates and rising home prices, the cost of financing a home has grown 22% in the last two years, although it varies widely between markets, according to online realtor Redfin. Since May 2022, homeownership costs have grown twice as fast as incomes, putting the dream of owning...
Chicago plans to spend millions in subsidies to renew downtown
CHICAGO (NewsNation) — In major cities across America, real estate worth billions of dollars is sitting empty. Skyscrapers and new developments have struggled to lease space and pay higher interest rates. Vacancy rates on the rise. In Chicago, the birthplace of the skyscraper, the total downtown office vacancy rate...
Craig Hogan and Rudy Zavala make the move to E&V Chicago
Teammates Craig Hogan and Rudy Zavala are transitioning to Engel & Völkers (E&V) Chicago, where they will serve as luxury real estate advisors. Previously, Hogan and Zavala were brokers with the GC Luxury Group at Coldwell Banker Realty, focusing on neighborhoods throughout the city’s North Side and the Loop areas.
Summit, property owners discuss apartment inspections
Nearly 75 people attended a community meeting last Wednesday evening in the multi-purpose room of Graves School to learn about changes coming to the village. Three topics highlighted the meeting. Rental property inspections, lead line replacement, and replacing the 74th Avenue pedestrian bridge. Mayor Sergio Rodriguez tackled the controversial rental...
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.