The Chicago City Council Committee on Housing and Real Estate at its Dec. 15 meeting voted 22-1 to send an ordinance to the full council that would legalize the construction and conversion of basement and coach house apartments in five “pilot areas.”

The flight of homeowners from large urban centers to the suburbs has unexpectedly begun to reshape residential real estate, but luxury property in large cities have also gotten a boost from the hot market.

Lendlease has announced its new development The Reed, a 41-story luxury residential high-rise, as the next phase of its Southbank development in Chicago’s Printers Row neighborhood.

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The Women’s Council of Realtors West Suburban installation of officers for 2021 shifted online for a very different look from the plated dinners and galas of previous years.

Guaranteed Rate’s Ben Cohen has hit a record milestone.

The report noted that the populations of large cities have declined the most during the pandemic.

Chicago comes first when it comes to the most residential conversions in the nation, according to a new study.

Janet Borden and Allison Silver, formerly top agents from Coldwell Banker Realty, have moved to Compass to launch its arrival in Highland Park.

Jenny Ames, CEO & license partner of German-based brokerage Engel & Völkers in Chicagoland, spoke to Chicago Agent magazine about why she wanted to open up her own firm in Chicagoland and build her own culture.

Executive Vice President and COO of Baird & Warner Jennifer Alter Warden received the 2020 Alter & Stone Outstanding Volunteer Award.

Sharon Rizzo, the “Queen of Condo Conversions,” has joined Compass.

Illinois home sales were up 34.9 percent from the year before, with statewide median prices increasing as much as 16.5 percent.

Home construction continued to surge across the nation, which reflected the projection that new homes will help moderate price growth over the next 12 months.

The tax hike also negatively affects renters in Chicagoland.

Chicago Vista Tower will rebrand to The St. Regis Chicago, set to open in 2021.