Archive for vacant chicago real estate

Chicago Real Estate Brokers Wanted for CPS Project

The Chicago Public School (CPS) system is looking for some good Chicago real estate brokers. The nation’s third-largest school district is facing a $665 million deficit for Fiscal Year 2013, so to help close the gap, school officials are seeking brokers who can help sell 23 CPS properties and generate $15 million in new revenue. [Read More]

August 06, 2012 | Author: Tracey | Comments: (0) | Categories: Chicago Real Estate News

Chicago’s Vacant Property Ordinance Paying Off

While foreclosed and empty buildings are hurting our home values and neighborhoods, one ordinance has allowed the city to profit in a small way from its vacant Chicago real estate. In the first three months of the year, the city pulled in $619,000 in fines from more than 150 financial institutions that violated the vacant [Read More]

May 08, 2012 | Author: Tracey | Comments: (0) | Categories: Chicago Real Estate News, City of Chicago

New Housing Opportunities for Chicago’s Disabled

Illinois is getting $15 million to rehab vacant Chicago condos into homes where residents with physical disabilities can live independently. This new public-private Home First Illinois initiative is getting the funds from the Illinois Jobs Now! capital program. For the first phase of the project, 18 condos in the Chicago area will be rehabbed. Nonprofit [Read More]

December 19, 2011 | Author: Tracey | Comments: (0) | Categories: Chicago Real Estate News, Community Service

Lenders Now Responsible for Chicago Vacancies

Here is some positive Chicago real estate news amidst a weak economy and a struggling housing market: The Chicago area has posted a drop in the number of empty homes. According to the U.S. Census Bureau, the Chicago-area home vacancy rate fell to 3.6 percent in the second quarter of 2011. It’s a welcome drop [Read More]

August 04, 2011 | Author: Tracey | Comments: (1) | Categories: Chicago Real Estate News, City of Chicago, Cook County, Economy, Featured
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