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Real Estate & Development in ...
A 109-unit apartment complex along Chicago’s 606 Trail sold for $42 million despite an ordinance giving tenants a chance to match the buyer’s offer.
A long-delayed Avondale permit is finally moving forward with a six-unit residential building, front decks and six parking spaces.
A five-story Lincoln Park apartment building with 24 homes is moving ahead after City Council approval, bringing five affordable units to the Clybourn corridor.
Inland paid about $161 million for two Chicago-area senior living communities as investors chase rising occupancy and tight new supply.
Regal Apartments tenants have climbed up to eight flights for nearly six weeks after both elevators failed. A limited-hours attendant is offering only temporary relief.
L3 Capital bought the Palmolive Building's retail base for $64.5 million, taking a discounted swing at Chicago's recovering Magnificent Mile.
A 1905 Lake View greystone is gone, making room for two new residences with rooftop decks and a detached garage.
Two commercial buildings near Belmont and Leavitt are slated for demolition as a six-unit condo project moves forward in Roscoe Village.
Hawthorn Mall is getting a $5 million interior glow-up as Vernon Hills pushes ahead with a larger mixed-use transformation. The redesign adds warmer finishes, lounge areas and a revamped Kids Zone.
A $107.4 million loan tied to Lombard’s Yorktown Center has defaulted just as the mall’s ambitious apartment-and-park redevelopment opens.
A JPMorgan fund and Sterling Bay secured $213 million to refinance a Fulton Market office tower, underscoring Chicago’s split office market.
Tesla is renewing nearly 309,000 square feet at a Lockport logistics center used for parts distribution. The deal keeps a major back-of-house operation anchored along I-355.
Two Chicago apartment buildings just traded for $60 million. The deals put a Wirtz family tower and Rogers Park’s Vivian under new ownership.
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