Chicago Real Estate

After a City Council fight, coach house construction is now legal in many Chicago wards.

To spur housing growth, Chicago must attack prerogative, outdated zoning: report

By A.D. Quig

October 13, 2026 at 5:09 p.m.

A local think tank is blaming Chicago’s aldermanic tradition of hyperlocal control of what gets...

Officials take part in a ceremonial groundbreaking for the final phase of the Arboretum Villas at Plymouth Place Center for Senior Living on Oct. 7 in La Grange Park. (Hank Beckman/Pioneer Press)

Plymouth Place breaks ground on new senior housing units in La Grange Park

By Hank Beckman

October 13, 2026 at 11:21 a.m.

Officials broke ground on the final phase of the Arboretum Villas at Plymouth Place Center...

Oak Brook 5-bedroom home with stairwell atrium. (Cris Cunningham, Styles Media)

Oak Brook 5-bedroom home with stairwell atrium: $1.8M

By Kim Quillen

October 13, 2026 at 5:00 a.m.

This five-bedroom home has three full bathrooms, three fireplaces, redwood ceilings and a two-and-a-half story...

This Water Tower Residences condo at 180 E. Pearson St., Unit 4606, has expansive windows with south-facing views of Lake Michigan and the city skyline. (Mikel Pickett/VHT)

Streeterville 3-bedroom with primary suite that has 2 bathrooms and 2 walk-in closets: $2.4M

By Saleema Syed

May 8, 2025 at 5:00 a.m.

Address: 180 E. Pearson St., Unit 4606, Chicago Listed: March 26, 2025 Price: $2,380,000 Listing...

U.S. Secretary of Housing and Urban Development Scott Turner is acknowledged by President Donald Trump during a National Day of Prayer in the Rose Garden at the White House on May 1, 2025. The Housing Authority of Cook County, which is funded by HUD, may face a budget shortfall, leading to a decline in the number of people it serves. The Trump administration is seeking to further slash HUD’s budget. (Andrew Harnik/Getty)

Cook County housing authority facing potential multimillion-dollar budget shortfall as agencies brace for funding cuts

By Lizzie Kane

May 8, 2025 at 12:40 p.m.

The agency attributes the shortfall to an increase in its voucher usage rate and rising...

Federal Reserve Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, Wednesday, May 7, 2025, at the Federal Reserve in Washington. (AP Photo/Jacquelyn Martin)

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

By Christopher A. Rugaber

May 7, 2025 at 4:08 p.m.

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s...

Chicago Mayor Brandon Johnson smiles while talking to reporters after a City Council meeting on May 7, 2025. Council members approved Johnson’s affordable housing plan. (Terrence Antonio James/baiduhai)

Mayor Brandon Johnson plan to spur affordable housing with public money passes council

By Jake Sheridan

May 7, 2025 at 5:46 p.m.

The policy to use city cash to help finance housing construction could set an example...

Homes near Wrightwood and Southport Avenues in Chicago's Lincoln Park neighborhood on May 5, 2025. (Eileen T. Meslar/baiduhai)

Chicago housing market off to slightly busier start in 2025

By Lizzie Kane

May 6, 2025 at 12:27 p.m.

While home sales were up marginally compared to this time last year, affordability challenges are...

This Highland Park six-bedroom home with in-ground pool and patio went on the market for close to $1.6 million. (Dale Slater/Slater Media)

Highland Park 6-bedroom home with in-ground pool, patio: $1.5M

By Kim Quillen

May 6, 2025 at 5:00 a.m.

This six-bedroom home has four full bathrooms, one half bathroom, an in-ground pool and a...

Trump International Hotel & Tower Chicago, at 401 N. Wabash Avenue in Chicago, is seen on Oct. 4, 2022.

Former Chicago Blackhawks player Patrick Kane sells Trump Tower condo for $2.11M

By Bob Goldsborough

May 5, 2025 at 12:35 p.m.

Kane long has been an owner in Chicago's Trump International Hotel & Tower. In addition...

The en-suite primary bedroom for this home at 180 E. Pearson St., Unit 5401, has dual spa-like baths, a steam shower and two walk-in closets. (Mikel Pickett/VHT)

Streeterville 3-bedroom with lake and skyline views, steam shower: $2.2M

By Saleema Syed

May 1, 2025 at 5:00 a.m.

Address: 180 E. Pearson St., Unit 5401, Chicago Listed: March 26, 2025 Price: $2,190,000 Listing...

Glencoe 6-bedroom with herringbone marble foyer: $3.8M

By Kim Quillen

April 29, 2025 at 5:00 a.m.

This six-bedroom home has five full bathrooms, two half baths, four fireplaces, a herringbone marble...

Longtime political strategist David Axelrod, who helped advise Barack Obama’s successful presidential run in 2008 and later led the University of Chicago’s Institute of Politics, listed his 52-acre country estate in Buchanan, Michigan, for $2.3 million. (Ronald Zarantenello)

Political strategist David Axelrod lists Michigan estate for $2.3M

By Bob Goldsborough

April 28, 2025 at 7:30 p.m.

Axelrod and his wife bought the property in 1998 and converted the main structure on...