Crain's Chicago Business

02/19/2025

Richard M. Daley, the former mayor of Chicago from 1989 until 2011, is selling his condo that overlooks Oak Street Beach on North Lake Shore Drive.

Daley, who served as mayor from 1989 until 2011, recently cut the price on a Gold Coast condo he bought in 2015 and put up for sale in November.

02/19/2025

The tech giant is the latest retailer to leave the north suburban mall as the property's owner works on a massive redevelopment plan.

02/18/2025

“I will never be a landlord in the city of Chicago again."

The North Center house, whose allegedly non-paying tenant was jailed in late 2024 on unrelated charges, came on the market yesterday at a little under $2.18 million.

02/17/2025

"Chicago is in a pretty precarious spot here."

Inflation is hitting harder here than it is in any other major U.S. metro area, according to new data.

02/16/2025

The star restaurateur who captured America's attention on "Top Chef" is eyeing a Chicago suburb for one of his next spots.

The star restaurateur who captured America's attention on "Top Chef" recently bought a vacant suburban restaurant space and is in the early stages of planning for the ...

02/16/2025

Anderson and his wife got $855,000 for the seven-bedroom home in the south suburbs.

Anderson, a batting champ who played eight seasons with the team through 2023, signed a minor-league contract with the Los Angeles Angels in January.

02/15/2025

The Chicago-based restaurant group is expanding its reach in the North Shore.

The upcoming restaurant, which will go into a development called One Winnetka set to break ground this spring, is just across the Metra tracks from Ballyhoo’s French s...

02/14/2025

The Highland Park mansion that Michael Jordan sold last year is going up for rent for the month of March for $230,000.

“It’s for March Madness," said Carrie McCormick Real Estate Group, the Christie's International Real Estate agent representing the property, now called Champions Point.

The property, a seven-acre estate with a nine-bedroom, more than 32,000-square-foot mansion, is now owned by John Cooper, a real estate investment executive who paid Jordan $9.5 million for it in December.

In January, Cooper announced a plan to sell million-dollar shares that would entitle shareholders to one week’s stay in the home each year.

In the meantime, Cooper is offering the property as an ultimate March Madness party venue. McCormick said the successful tenant will be required to pay the full $230,000 rent in advance as well as a $50,000 refundable deposit. The property comes fully furnished, she said.

Read more:

The new owner of Jordan's longtime Highland Park home is offering the place as the ultimate March Madness-watching venue.

02/12/2025

Jurors found Michael Madigan guilty of bribery conspiracy in a partial verdict rendered this morning after two weeks of deliberations in the former Illinois House speaker's high-profile corruption trial.

The parties were discussing with the judge how to respond after jurors sent a note saying they'd reached a unanimous decision on 17 counts but had reached an impasse o...

02/12/2025

They're trail-blazers, risk-takers and agenda-setters positioning their organizations — and Chicago — on a trajectory for success.

They're trail-blazers, risk-takers and agenda-setters, positioning their organizations — and Chicago — on a trajectory for success.

02/08/2025

Loyola is adding another historical home to its portfolio.

Pritzker's Tawani ventures, which operated the Wright home and another next door as a single hospitality venue until late 2023, are also giving Loyola $1 million to su...

02/08/2025

A house on Sheridan Road whose builder had to buy it back over a long list of alleged construction defects has new owners.

The agent for new buyers who paid $4.6 million for the home said an inspection confirmed all alleged construction defects had been repaired.

02/07/2025

The burger spot headed to Wicker Park is known for its simple menu: one style of burger and one side offering, fries.

The burger spot is known for its simple menu that consists of one style of burger and one side offering — fries.

02/07/2025

Dining out at some restaurants has become so expensive that many customers view it as a treat — and owners are fighting to make sure they don't slip into that category.

Chicago tasting menu spots and steakhouses alike are rolling out more affordable options. They want — and need — to increase that frequency that diners visit.

02/06/2025

The education nonprofit led by the former Illinois first lady is joining the herd of office tenants upgrading their downtown workspace.

Start Early, the early childhood education organization headed by the former Illinois first lady, is following the trend of office tenants upgrading their workspace.

02/06/2025

The grocery chain is shrinking its footprint in the northern suburbs as it forges on in the wake of a blocked merger.

Grocery chain Mariano’s plans to close its Northfield location, shrinking its footprint in the northern suburbs as the chain forges in the wake of a blocked merger.

02/06/2025

There's plenty of year left — but 2025 has an early record-holder.

It’s the highest-priced purchase at St. Regis since a buyer paid more than $20.5 million for a two-story condo there in 2022, and tops the building’s highest-priced 20...

02/04/2025

If the still-undisclosed sale price is anywhere near the asking price, it'll be one of a rare few Chicago-area properties to go for more than $30 million.

The opulent 1920s mansion, lavishly restored and perched above more than 220 feet of private beach, was listed at $35 million, the highest asking price for any Chicago...