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News
$27M Lakeview co-op building renovation tops Chicago’s construction permits: Week ending July 23, 2026
1+ day, 6+ hour ago (406+ words) TRD reports on the Windy City’s top new permits last week 🏆Alteration: The largest alteration permit issued last week was in Lakeview for $27 million of infrastructure renovation work at 655 West Irving Park Road. The project at the co-op building includes…...
Movers: Friedman Real Estate names new Chicago market lead
2+ mon, 2+ week ago (266+ words) Plus, Bialow Real Estate adds new Chicago VP, Transwestern poaches from Colliers and other local real estate news Chicago’s commercial real estate firms are snagging star employees from each other as local knowledge wins out in the city’s competitive market....
Chicago’s effort to close Ford City Mall delayed, as landlord Namdar scrambles on repairs
3+ mon, 2+ hour ago (345+ words) Cook County Judge stalls hearing after fire system fix, but city still eyes shutdown The fate of Ford City Mall in Chicago is back in limbo after a Cook County judge hit pause on the city’s effort to shut it…...
Chicago tax assessor’s race heats up amid real estate pressures
4+ mon, 3+ week ago (1749+ words) Real estate pros see new assessor as key to unlocking investment but corruption still makes the system vulnerable If campaign attacks are to be believed, Chicago’s next tax assessor will either be an incompetent incumbent dead-set on driving investment away…...
United Center pays $19M on additional land for arena megaproject in Chicago
5+ mon, 23+ hour ago (368+ words) Despite $110M spent on property, development has yet to host a groundbreaking Developers of the $7 billion megaproject around The United Center made another big land purchase last week, topping $110 million total spent on area parcels. An LLC tied to The United…...
Chicago green-lights $3B Foundry Park, reviving former Lincoln Yards site
5+ mon, 5+ day ago (471+ words) JDL, Kayne Anderson won zoning approval from the City Council for the 3,200-unit megaproject, as infrastructure questions linger A long-stalled stretch of Chicago riverfront is back to development. The approval marks a dramatic reset for the northern portion of the…...
Life sciences woes land in Chicago
6+ mon, 2+ week ago (370+ words) Inside the fight between Portal Innovations and Beacon Capital, plus another Bank OZK loan note sale illustrate precarious state of sector this week This year has started off with bad news for Chicago commercial real estate, as a battle over…...
Chicago’s ADU expansion gutted by single-family carveouts
10+ mon, 21+ hour ago (296+ words) Labor won apprentice mandate, aldermen preserved veto power on backyard “granny flats” A long-delayed plan to legalize casitas and granny flats across Chicago is moving forward, but only after aldermen scaled it back with restrictions designed to protect single-family neighborhoods....