The deal, at 18% above the building's last sale price, is the latest example of steady rental demand boosting investor interest in Chicago-area apartment buildings.
A majority of Chicago aldermen oppose Mayor Brandon Johnson's proposed head tax and lease tax hike, putting roughly $400 ...
A Chicago civic leader draws lessons from Israel's innovation economy on how the city can accelerate its quantum and AI ambitions through investment, collaboration and risk-taking.
The frequency of heavy rainfall and extreme ice storm events each will increase roughly 45% across northern Illinois by ...
How the board organizes itself in its first meetings will tell Chicago more about whether this experiment can work than anything said during the campaign.
Local real estate firm JSM Venture cashed out after adding two floors to the building and removing a layer of exterior ...
Crain’s politics reporter Justin Laurence joins host Jeanne Sparrow to discuss the Bears’ stadium options and the role the fall veto session will play in negotiations.
The move gives businesses some reprieve days before the ban was set to go into effect.
Designed by the future visionary architect when he was in his twenties, the house was last sold in 1972, for the equivalent ...
CNH is banking on a recovery. The company is investing $50 million to modernize its Racine facility with automated robotics.
The move ratchets up a rivalry between the delivery services.
The governor also said any federal action should build on state leadership and not override what Illinois and other states ...
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