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Real Estate & Development in ...
QuikTrip will break ground Friday on a $20M travel center at 1340 May Road, promising a 5,400‑sq‑ft store, QT Kitchen and multiple fuel pumps.
A 70,497‑sq‑ft Oak Brook office at 915 Harger Road sold to Urban Commercial Property Group; the buyer plans renovations while the building sits about 48% leased.
Calgary-based Avenue Living paid $30.5M for 1030 West North Avenue, a mixed-use storage and office building in Lincoln Park that LSC Development repositioned after foreclosure.
Karis is exploring the former INEOS/BP campus near Naperville for a possible data‑center and manufacturing campus. The 168–169‑acre site is power‑ready and market‑listed.
A Loop tower at 500 W. Monroe sold for nearly $100M — a more‑than‑$300M haircut from 2019 as buyers pick up distressed downtown assets.
Developers and village leaders celebrated a new phase Monday as Bell Works moves from activation to expanded offices, retail and homes at the former AT&T campus.
McCook officials hand-delivered letters to Halas Hall offering a 150-acre Vulcan quarry for a domed, 80,000-seat stadium — and $1-a-year rent. Village leaders say it’s worth a shot.
John Buck has relisted its 38‑story Loop tower at 33 N. LaSalle and tapped JLL as broker as investor interest in downtown edges back toward the Loop.
The Cubs will unveil Champions Gate at Gallagher Way on July 18 — a permanent arch honoring 1907, 1908 and 2016 with ironwork, bronzed ivy and engraved plaques.
City Council approved city funding that clears the way to convert the historic Fifth Third Bank at 3959 N. Lincoln into 64 supportive apartments for survivors of gender‑based violence.
The Foglia Residences is a nine‑story, 76‑unit affordable building financed to serve blind and visually impaired residents and veterans, using LIHTC and city support.
Bridge Investment Group sued to foreclose on the International Tower near O’Hare, saying the borrower missed payments, owes about $2.7M in taxes and nearly $29M overall. Court action is set for July 16.
The City Council gave landmark status to Roger Brown’s 1888 Halsted home, protecting its exterior and the historic ghost sign from demolition.
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