Mallard Point Apartments in Channahon sold to a California family office for about $24.6M in a Marcus & Millichap‑brokered deal that included HUD‑loan assumption.

RentCafe's year‑end report shows apartment hunting got harder in 2025, with Miami and Chicago among the tightest markets and smaller metros like Fayetteville feeling the squeeze.

A zoning filing for Phase One of Woodlawn Central was submitted for 6230 S. Dorchester, proposing two 14‑story towers, ground‑floor retail and 20% affordable units.

T.J. Maxx signed a 10-year lease for about 26,000 sq ft at the North Avenue Collection in the Clybourn Corridor, with developers targeting a fall opening. The deal follows Farpoint and MCZ’s 2024 acquisition and planned upgrades.

New research finds many young adults — including in Chicago — are giving up on buying homes, and that choice is already changing work, spending and wealth patterns.

The City issued a final permit for the top two stories of ZSD Corp’s 149‑unit River North project as caisson crews drill at the site. Permits and zoning variations clear the way for work through 2027.

Owners of Round Lake’s Treehouse in the Woods are pitching all 220 units to a single buyer for $59.5M in a rare bulk-deconversion offering.

Mayor Johnson’s administration is directing $33 million to 58 neighborhood projects across Chicago, from a Black‑owned brewery to a Little Village visitor center.

Horizon Realty Group paid about $17.3M for a 49‑unit Lincoln Park courtyard building at 506 West Deming Place, adding another North Side multifamily asset to its portfolio.

Lockwood defaulted on a $44.2M loan tied to the MetroSouth redevelopment, putting the 12.5‑acre Blue Island campus at risk of foreclosure. Court filings name the lender and set a June hearing.

The Zoning Board of Appeals cleared a variation for Growing Home’s Englewood campus, allowing a roughly 30,000‑sq‑ft processing and training building plus 26,000 sq ft of farm. The move opens the door to permitting and construction.

Developers want to convert the long‑vacant Loretto Academy in Woodlawn into about 55 affordable and mixed‑income rentals; a public meeting is set for Monday evening.

A 19.4‑acre Glenview office campus sold for about $14 million and will be redeveloped into 60 single‑family lots marketed to empty‑nesters.