The Element, a 509‑unit Mount Prospect complex at 1550 W. Dempster, sold for about $75.3 million to a Bender‑Eastham joint venture; buyers plan targeted upgrades. Financing includes a Fannie Mae loan.

Chicago approved the sale of lots for the Chicago Torture Justice Memorial in Washington Park. The memorial recognizes past injustices and aims for community healing with city council and Mayor Johnson's support.

A Nixon Peabody-led study finds some Loop office buildings could be converted into housing without upfront city subsidies — but the math is tight and local rules matter.

A $50.6M loan on 625 North Michigan was moved to special servicing after occupancy and cash flow plunged; owners BlueFive and Golub now face possible foreclosure.

Benesch added a full floor at 71 S. Wacker Drive — roughly 33,000 sq ft — taking its Loop footprint past 130,000 sq ft as the firm grows its Chicago practice.

A vacant State Street block sold for $2.8M to the Downtown Islamic Center, highlighting steep discounts on Loop retail and plans for community reuse.

Neighbors packed a public meeting to review plans to convert the Mars Wrigley plant into 479 homes and a big community space, then voiced worries about density and affordability.

Crystal Lake's building boom — from the 260‑unit Water's Edge to dozens of townhomes — is bringing restaurants, national retailers and new trails that could reshape downtown.

A top‑floor penthouse at Cirrus sold for about $4.05M, and brokers say it's a sign that wealthy second‑home buyers are returning to downtown Chicago. The deal is the latest in a run of luxury closings at the Lakeshore East tower.

At the Lincoln Park Builders forum, developers said 2026 deals will hinge more on policy and neighborhood gaps than a modest dip in mortgage rates.

A five-story, 44-unit affordable project is proposed for 7644 N. Sheridan in Rogers Park; city funding and a Lakefront Protection review are next.

A 1928 Logan Square church is being converted into La Herencia: 22 apartments that will be 100% affordable, including deeply affordable and supportive homes.

Ben Ashkenazy's firm paid $60M for Orland Park Place, taking control of the south-suburb power center. The deal joins a national buying push by the New York investor.