A tower‑crane permit was issued for Halsted Pointe Phase 1 at 931 N. Halsted, and caisson work is already underway as the Onni development prepares to go vertical.

Realty Income paid $124M for a 910,800‑sf University Park warehouse — the largest Chicago‑area single‑property industrial sale in over five years.

State bills would add a 4% excise on short‑term rentals and deposit proceeds into a Community Land Trust Fund to buy and preserve permanently affordable homes. The measures shift collection toward platforms and could start Jan. 1, 2027.

Evanston adopted a 134‑page Housing4All plan that aims to preserve affordable homes and add thousands more while updating zoning to allow ADUs and missing‑middle housing.

One year after city crews cleared an Englewood junkyard, Chicago has filed to foreclose on eight vacant lots tied to the same owner to recover about $1.15M in fines.

A city commission backed $5 million in TIF and a land sale that advances Morgan Park Commons, moving phase one — about 70 apartments plus retail — closer to construction.

Wolf Point West secured roughly $142 million in refinancing as owners replace older debt across the River North campus. The deal was arranged by JLL and backed by New York Life.

The Blackstone, Chicago’s historic ‘Hotel of Presidents,’ sold for about $43.2M to Vinayaka Hospitality. The deal follows a maturing loan and comes at a lower price than 2016.

A Naperville property and several Chicago-area closings hit $400,000 in the week that fed the May 4 recording period, per county filings and MLS listings.

A Lincoln Park homeowner sued after Fred Eychaner’s Wrightwood 659 bought nearby units for an expansion she says will loom over her top‑floor condo. The case raises questions about zoning, valuation and local influence.

A City Council committee advanced a two-year pilot to centralize Chicago's affordable-housing waitlists and accept rental applications. The full council will vote on May 20.

Hines agreed to buy Wicker Park Commons for roughly $70 million, taking ownership of the grocery‑anchored plaza at Ashland and Milwaukee. The sale follows a run of U.S. dispositions by the seller, DWS Group.

Cadillac is planning a Midwest flagship showroom on Chicago's North Side near Lincoln Yards, on parcels sold earlier this year as developers rework the site.