The Chicago Board of Education voted 15-5 for a small increase to its property tax levy that will result in the collection of an additional $40 million. The Chicago Sun-Times reports the school board approved a property tax increase in August, but the new increase...
Illinois recorded 9,207 home sales during November, a 9% decline from the 10,123 properties sold one year earlier. According to data from Illinois Realtors, the 21,305 homes available for sale statewide last month were 5.1% less than the 22,449 homes available in...
A Frank Lloyd Wright-designed residence in Chicago that has been in a state of dilapidation faces an uncertain future after its ownership was transferred to a mortgage company following a failed foreclosure auction. Artnet.com reports the Prairie style Walser House...
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 8-12. Miss: A Missed Opportunity. A new...
The New York City-based real estate investment firm Ashkenazy Acquisition Corp. has acquired Orland Park Place, a retail plaza in the Chicago suburb of Orland Park, Illinois, for $60 million. The 600,000-square-foot shopping destination features retailers such as...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
