A renovation permit was issued to convert a seven-story River North office at 56 E. Superior into 88 apartments, with retail, basement amenities and 88 bike spaces.

A buyer known for distressed deals is closing in on the Citadel Center at 131 S. Dearborn, taking on heavy debt and high vacancy in the Loop.

Cushman & Wakefield’s riverfront Chicago headquarters at 225 W. Wacker Drive is on the market, a potential test of investor appetite for Loop offices.

After 67 years, Pride Cleaners at 558 E. 79th St. is set to close on Feb. 27, 2026, leaving its rare Googie roof and neon sign in limbo. Preservationists and neighbors are watching to see whether a buyer will step forward.

Illinois lawmakers approved a second delay to Cook County's annual tax sale after a federal judge found the system unconstitutional, buying time for reforms.

Manulife has put the 40‑story 55 West Monroe on the market; JLL is pitching the 815,074‑sf Loop tower for lease‑up or conversion to apartments or a hotel.

The Lohengrin Foundation is awarding $15 million to build two West Side community centers — a multi‑sport complex in North Lawndale and a five‑story hub in Little Village. Organizers say the grants should help unlock additional funding and speed construction.

Tryst Hospitality plans a five‑story, 21‑room boutique hotel at the former DS Tequila site in Northalsted, with a rooftop pool, restaurant and an indoor nightclub. The proposal is in early planning and will go through community review.

Chicago City Council approved a 325‑unit plan to convert the Universal Overall building and add a 27‑story tower at 1060 W. Van Buren, clearing the way for construction.

Nearly $25M in foreclosure suits target the Lake Point Tower penthouse owner's small‑building portfolio in Chinatown and Bridgeport. Lenders have asked a judge to appoint a receiver.

Schaumburg agreed to pay Motorola nearly $6.1 million and trimmed the TIF cap to $23.5M, resolving a dispute over remote‑work headcounts tied to the Veridian redevelopment.

A community gathering this Saturday kicks off a new phase to restore the Wabash YMCA’s gym, pool and historic mural as new leadership moves the project into contractor selection.

A small batch of Chicago apartment buildings is being converted to condos, adding targeted for-sale inventory as condo listings remain scarce. Developers say the move helps, but constraints mean the boost is modest.