Kohan bought a roughly $60M mortgage tied to 33 West Monroe, joining a wave of buyers picking over Chicago’s distressed Loop office market. The move deepens pressure on AmTrust and its lenders.

Walgreens has listed roughly 200,000 square feet at Chicago’s Old Post Office for sublease as it prepares to vacate the Loop and consolidate roles at its Deerfield HQ.

A privately financed 22,000‑seat stadium at The 78 aims to remake the South Loop. Neighborhood-run spaces like Overflow Coffee are positioning to share the benefits.

An interior demolition permit was issued for 19 S. LaSalle as Envoi Partners advances plans to convert the 1893 Central YMCA into roughly 207 apartments with retail. Landmark protections are moving through the city process.

At a City Council budget hearing, Commissioner Lissette Castañeda said the Department of Housing is preserving existing units and accelerating new affordable construction.

The Bears’ plan to build a new stadium in Arlington Heights stalled after the fall session ended with no vote on the tax and infrastructure measures the team needs. The funding fight is now set to resume when lawmakers return in early 2026.

Developers filed a remediation plan with the Illinois EPA for the 440‑acre former South Works, proposing engineered caps, slurry walls and a multi‑decade monitoring program.

Cook County has extended the Catalyst Grant application deadline to Nov. 14, 2025, offering $100,000 for established businesses to grow, focusing on industries like construction and IT.

The Next Gen Capacity Building Initiative is open for applications to train more skilled housing developers in Illinois, offering technical training and financial resources to foster affordable housing.

Chicago's West Side sees the opening of The Avenue Apartments, an affordable housing project by Westside Health Authority, with Mayor Johnson attending the ribbon-cutting.

Cook County updated its Homeowner Relief Fund, lowering the property tax increase eligibility from 50% to 30% and extending the deadline to Oct. 31, 2025, for a $1,000 aid.

Illinois wheat producers to elect representatives to the Illinois Wheat Development Board; some districts lack candidates, but write-ins are possible. Voting is on October 30, 2025.

Chicago's Belmont Cragin neighborhood to get a new public space, La Placita, featuring performance areas and public art, set to complete in Spring 2026.