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New law cuts red tape for real estate professionals, businesses; takes additional bill...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.

North Shore And Barrington Area Housing Market Steady

Fewer homes selling for fewer days at slightly higher prices has been the mantra for many areas in the housing market this year.  This trend continues in this area with slight variations. Housing data for November shows the number of new listings fell from the same period in 2016, while houses under contact rose at a similar rate, according to the North Shore-Barrington Association of REALTORS® (NSBAR).

Illinois home prices increase in November; Sales hold steady

Illinois home sales remained largely flat while the statewide median price shifted slightly higher in November as the market moved into the traditionally slower holiday season, according to Illinois REALTORS®
ATI Addison Palatine IL

The Boulder Group Arranges Sale of Net Lease ATI Physical Therapy Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased ATI Physical Therapy property locations in Illinois for $3,400,000. The Addison location is an outparcel to a shopping center at the signalized intersection of Northwest Highway
CHA

MAYOR EMANUEL BREAKS GROUND ON DEVELOPMENT THAT WILL BRING AFFORDABLE HOUSING AND A NEW...

Mayor Rahm Emanuel today broke ground on a mixed-use development that will bring a new Target and affordable and market rate apartments to Rogers Park. The result of a partnership between the Chicago Housing Authority (CHA) and Three Corners Development/Iceberg Development
Panera Bread Skokie IL

The Boulder Group Arranges Sale of Net Leased Panera Bread Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Panera Bread located at 5500 West Touhy Avenue in Skokie, Illinois for $3,972,727. The property, constructed in 2016, was developed by The Missner Group.

Illinois home sales inched slightly higher in October

Statewide home sales shifted back into positive territory in October following several months of declines and median prices continued to make year-over-year gains, according to Illinois REALTORS®.

Bicentennial contest celebrates Illinois, provides scholarship opportunities for students

Twenty-three Illinois high school students will have the chance to win a total of $12,000 in scholarship money in an essay contest celebrating Illinois' 200th birthday in 2018. Illinois REALTORS® is sponsoring the contest which seeks essays written on a theme of "Home Is Where the Heart Is."
Discovery Clothing Orland Park IL

The Boulder Group Arranges Sale of Discovery Clothing Sale Leaseback

The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Discover Clothing sale leaseback property located at 15645 South LaGrange Road in Orland Park, Illinois for $4,307,000.

Chicago Housing Authority Board Expands Housing Opportunities, Approves Investment in 353 Apartments in Eight...

The Chicago Housing Authority (CHA) Board of Commissioners today approved the addition of 353 apartments to its Property Rental Assistance Program (PRA), expanding the number and locations of apartments to renters seeking affordable housing.
NAR

The Sky’s the Limit as Realtors® Gather in Chicago

The National Association of Realtors® kicks off its annual conference in Chicago today with a focus on education and opportunity. More than 20,000 Realtors® and guests from around the world are expected to attend the 2017 REALTORS® Conference & Expo, which runs through November 6 at McCormick Place convention center.

Strong buyer demand, lower inventory push Illinois home prices higher in September

Homes sold quickly and at higher median prices in September, even as statewide home sales dipped slightly amid lower than normal housing inventory levels, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in September 2017 totaled 13,657 homes sold, down 4.0 percent from 14,223 in September 2016

August brings higher Illinois home prices, lower sales amid tight inventory

SPRINGFIELD, Ill. — The summer’s competitive housing market extended through August with lower seasonal inventory driving home prices higher, but tempering total home sales,...
IRS Orland Park IL

The Boulder Group Arranges Sale of an GSA Building in the Chicago MSA Occupied...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Internal Revenue Service (IRS) office building located at 14479 S. John Humphrey Drive in Orland Park, IL for $3,250,000.
Walgreens Lakemoor IL

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 28895 West Highway 120 in Lakemoor, Illinois for $7,250,000.

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Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.

Recent

New law cuts red tape for real estate professionals, businesses; ...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.