Articles filed under Commercial Real Estate
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Feds investigating whether Itasca broke anti-discrimination laws in Haymarket decision
Dec 2, 2021 8:06 PM - Just weeks after Itasca overwhelmingly rejected a proposal for an addiction treatment center, federal prosecutors have launched an investigation into whether the village violated anti-discrimination laws. The issue had been raised after the village classified the proposal as a planned development rather than a health care facility. -
Elgin commits downtown tax dollars to new dorm for nonprofit Judson University
Dec 2, 2021 4:11 PM - Elgin officials are banking on an unusual plan that will use city property tax dollars to help finance the development of a new dorm for Judson University. -
Bus depot proposed for former concrete plant in Des Plaines
Dec 2, 2021 10:08 AM - A transportation company that operates throughout the Northwest suburbs wants to establish a school bus depot in Des Plaines. -
Allstate agrees to sell part of campus to developer for $232 million
Dec 2, 2021 8:45 AM - The Allstate Corporation on Monday announced that it has reached an agreement to sell the majority of its campus in Northfield Township near Northbrook. The agreement with Dermody Properties would be for about $232 million and would close in 2022, according to a company news release. -
Recreation center, more apartments proposed for Villa Park
Nov 30, 2021 4:18 PM - Villa Park is considering constructing a 38,000-square-foot recreation center at Lions Park. Meanwhile, a developer has unveiled a proposal for a mixed-use housing and retail complex along Villa Avenue. -
Allstate signs deal to sell Northbrook campus for $232 million
Nov 29, 2021 2:42 PM - The Allstate Corp. Monday said it has reached an agreement to sell property making up the majority of its campus in Northbrook to Dermody Properties for approximately $232 million. The sale is expected to close in 2022. -
Allstate agrees to sell part of campus to industrial developer for $232 million
Nov 29, 2021 1:37 PM - The Allstate Corporation on Monday announced that it has reached an agreement to sell the majority of its campus in Northfield Township near Northbrook. The agreement with Dermody Properties would be for about $232 million and would close in 2022, according to a company news release. -
Sale of two suburban industrial buildings finalizedNov 24, 2021 2:20 PM - SVN Chicago Commercial said it represented the sellers of two industrial buildings in the Nortwest subburbs, one in Schaumburg and another in Elk Grove Village, both of which sold for a combined total of $2.65 million.
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Controversial gas station plan again progresses in Mundelein
Nov 22, 2021 9:42 PM - Mundelein's village board on Monday moved closer to greenlightng a controversial plan to build a gas station and convenience store in town. -
Planned spec building could be sign of things to come at Northwest Point in Elk Grove
Nov 22, 2021 6:21 PM - A planned $15.3 million, 147,000-square-foot speculative industrial building at Northwest Point in Elk Grove Village could be a sign of things to come in the old office park that village officials are priming for a fresh look.
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