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Investor turns big profit on Naperville shopping center sale
News 11 months ago
Investor turns big profit on Naperville shopping center sale

Who says suburban shopping centers are a bad investment? Not Savas Er, a local real estate investor who just sold River Square, a 58,000-square...

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Amazon may have outsmarted itself with HQ2 tactics
News 11 months ago
Amazon may have outsmarted itself with HQ2 tactics

This season of “The Bachelor: Amazon” has ended. Next up may be the season of recriminations. It has been more than a year since Amazon.com Inc....

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Tribune Tower owner buying Michigan Avenue office building
News 11 months ago
Tribune Tower owner buying Michigan Avenue office building

The developer turning Tribune Tower into luxury condos is buying an office building across the street from the landmark, according to sources...

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Why Long Island City checked Amazon's boxes
News 11 months ago
Why Long Island City checked Amazon's boxes

Landing one of the world's biggest businesses suggests the neighborhood is finally ready to shed its reputation as a second-tier, discount...

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How will 'car sharers' be regulated?
News 11 months ago
How will 'car sharers' be regulated?

The latest battle over the sharing economy is escalating in Springfield, with a veto showdown over car rentals. At least a score of top lobbyists...

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Here's a hospital that defies the odds
News 11 months ago
Here's a hospital that defies the odds

Sitting in his office at the hospital on a warm October morning, Medaglia said, “This is where I need to be. I need to be here. I need to be in my...

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Kobe Bryant wants to sell you a sports drink
News 11 months ago
Kobe Bryant wants to sell you a sports drink

Kobe Bryant takes a meeting with an executive from a convenience store chain. The former NBA star is more than an investor in Bodyarmor. Kobe...

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Developer buys River North site
News 11 months ago
Developer buys River North site

With luxury residential high-rises popping up all around it, a check-cashing store at the corner of LaSalle Street and Chicago Avenue has caught...

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Pritzker buys $12M Florida horse farm
News 11 months ago
Pritzker buys $12M Florida horse farm

The same week he was elected governor of Illinois, J. B. Pritzker paid $12.1 million for an equestrian estate in Florida, according to a report....

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World's biggest companies plan to get down with WeWork effect
News 11 months ago
World's biggest companies plan to get down with WeWork effect

(Bloomberg)—The biggest employers on the planet see a future filled with free beer and new age motivational posters. Their offices will need to...

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Fulton Market 'Real World' building nets seller big profit
News 11 months ago
Fulton Market 'Real World' building nets seller big profit

A Fulton Market landlord sold a pair of properties across the street from McDonald's new headquarters for more than three times what it paid just a...

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This investor is betting you'll want to work in the burbs someday
News 11 months ago
This investor is betting you'll want to work in the burbs someday

Michael Klein is trying to make the suburbs cool. By the end of next year, his Chicago-based development firm, GlenStar Properties, will have spent...

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Retired Aon chief Pat Ryan buys another Four Seasons condo
News 11 months ago
Retired Aon chief Pat Ryan buys another Four Seasons condo

Pat Ryan, the retired chairman of the Aon insurance brokerage giant he founded, and his wife, Shirley, paid $4.4 million for a condo at the Four...

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A quarter-million Chicago homeowners couldn't afford to sell if they wanted to
News 11 months ago
A quarter-million Chicago homeowners couldn't afford to sell if they wanted to

More than a decade after the housing crash, when many cities' housing markets are years into another boom, a new report shows how far behind real...

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Home Partners is said to discuss IPO with banks
News 11 months ago
Home Partners is said to discuss IPO with banks

(Bloomberg) — Home Partners of America, a single-family home rental company backed by KKR & Co. and BlackRock Inc., has explored an initial public...

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Aon Center observatory takes a step forward
News 11 months ago
Aon Center observatory takes a step forward

The owner of the Aon Center is a key step closer to adding a high-profile tourist attraction to the city's third-tallest tower, winning support for...

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Townhouses coming to site of historic Greek temple-like Kenwood church
News 11 months ago
Townhouses coming to site of historic Greek temple-like Kenwood church

A developer is finishing up plans to build 13 townhouses behind the facade of a historical church building in Kenwood that has stood empty for 15...

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Amazon's top HQ2 picks offer blank slates for urban revival
News 11 months ago
Amazon's top HQ2 picks offer blank slates for urban revival

The vivid shapes, a contrast to the neighborhood’s bureaucratic ’60s architecture, are a signal flare to future tenants sent up by the buildings’...

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Daughter of Ann, Bob Lurie latest buyer at city's 'it' condo tower
News 11 months ago
Daughter of Ann, Bob Lurie latest buyer at city's 'it' condo tower

Sara Lurie, a daughter of philanthropist Ann Lurie and the late real estate executive Bob Lurie, paid more than $5.7 million for a condo at the...

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Daughter of Ann, Bob Lurie latest buyer at this year's 'it' condo tower
News 11 months ago
Daughter of Ann, Bob Lurie latest buyer at this year's 'it' condo tower

Sara Lurie, a daughter of philanthropist Ann Lurie and the late real estate executive Bob Lurie, paid more than $5.7 million for a condo at this...

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Suburban voters issue Springfield a warning about a statewide property tax
News 11 months ago
Suburban voters issue Springfield a warning about a statewide property tax

Voters in suburban counties strongly favored blocking the creation of a statewide property tax in Tuesday voting, despite the fact that no...

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Big student housing complex near UIC for sale
News 11 months ago
Big student housing complex near UIC for sale

Investors scouting the Chicago market for student housing have another property to check out: a 482-bed complex near the University of Illinois at...

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Voters in 3 Chicago wards support rent control
News 11 months ago
Voters in 3 Chicago wards support rent control

Voters in three Chicago wards voted yesterday in favor of lifting the statewide ban on rent control, which would be a first step toward discussing...

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A condo that doubles down on its view
News 11 months ago
A condo that doubles down on its view

Skip to main content A feature of Olympia Centre in Streeterville that's little noticed from the outside makes a big difference inside this condo....

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Loretto Hospital launches clinical trial research program
News 11 months ago
Loretto Hospital launches clinical trial research program

Loretto Hospital will become Illinois’ first safety-net hospital to host FDA-approved clinical trials. Trials at the Austin neighborhood facility...

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Amazon isn’t afraid of NYC’s high taxes
News 11 months ago
Amazon isn’t afraid of NYC’s high taxes

(Bloomberg)—Apparently, some people don’t mind paying high taxes. Amazon.com Inc.’s highly publicized search for a second headquarters is hurtling...

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Developer drops $74 million on big warehouse project in Bolingbrook
News 11 months ago
Developer drops $74 million on big warehouse project in Bolingbrook

Bridge Development Partners paid nearly $74 million for a four-building warehouse property in Bolingbrook, the biggest industrial real estate deal...

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Co-working firms expanding downtown
News 11 months ago
Co-working firms expanding downtown

Co-working company Industrious is opening its biggest Chicago location, and a Chicago-based rival is ramping up its local presence as shared-office...

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What $1.5 million bought in October
News 11 months ago
What $1.5 million bought in October

Homebuyers with about $1.5 million to spend this summer found sharp places in brand-new or nearly new condition in the West Loop, North Center and...

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Chicago loses Amazon HQ2
News 11 months ago
Chicago loses Amazon HQ2

Amazon has chosen, and Chicago has lost out. The retail behemoth will put its so-called second headquarters in New York City and Northern Virginia,...

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