2024 Fall Chicagoland Expo Seminar: Navigating the Corporate Transparency Act: What Community Associations Need to Know Sponsored by: Hirzel Law, PLC

By Cooperator Staff 4 November 2024 Seminar

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News

2/21/2025 Committee on Zoning approves condo development at 1325 W. Fulton - Urbanize Chicago

The Committee on Zoning has approved a multi-phase condo development at 1325 W. Fulton. Planned by Chicago-based developer Sulo Development, the project site is a full block, vacant site along W. Fulton St from N. Elizabeth St to N. Ada St.
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2/18/2025 Former Mayor Richard Daley selling Lake Shore Drive condo - Crain's

Richard M. Daley, the former six-term mayor of Chicago, is selling his condo that overlooks Oak Street Beach on North Lake Shore Drive.
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2/12/2025 Private equity veteran Carl Thoma sells Palmolive condo at multimillion-dollar loss - Crain's

Carl Thoma, a veteran of four decades in Chicago’s private-equity landscape, sold a condo in the Palmolive Building for less than half what he paid for it nearly a decade ago.
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2/5/2025 Jonathan Toews' former Gold Coast condo resells at a loss of a million-plus - Crain's

A condo on Walton Street that former Chicago Blackhawks great Jonathan Toews sold in 2019 for almost $7 million has resold at more than $1 million off that price.
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1/29/2025 Chicago Bulls’ Patrick Williams drops $5.7M on Gold Coast condo - Real Deal

A 23-year-old NBA player has upgraded his living space with a $5.7 million condo in one of Chicago’s priciest neighborhoods.
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1/27/2025 Condo Adviser: Condo association bylaws lay out how to remove a board member - Chicago Tribune

Q: I am a unit owner in a small condominium association. We recently had a board election and the longtime president was replaced by a new board member. The new president has been calling frequent meetings, each of which he deems to be an emergency, behaves in an authoritarian manner and, in my opinion, bullies other board members. What options do the unit owners have to address this situation?
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1/22/2025 Local News Residents escape apartment building fire on Chicago's Lower West Side - CBS

A large apartment building fire in the Heart of Chicago neighborhood displaced six people. Just before 9 p.m., Firefighters battled heavy flames and issues with frozen hydrants at the building in the 1600 block of West Cullerton Street.
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1/16/2025 Hines buys apartment building in suburban Chicago for record $148M - Building Salt Lake

An affiliate of the Texas-based developer who received a free piece of prime land in the heart of Downtown Salt Lake City for a stalled apartment tower issued a record check for an apartment building in a suburb north of Chicago last week.
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1/14/2025 Becovic Residential expands apartment portfolio on Chicago's North Side with Edgewater acquisition - Chicago Business Journal

The deal brings the buyer's apartment portfolio to more than 2,700 units.
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1/10/2025 St. Regis had 3 multimillion-dollar condo sales in 2 days - Crain's

There have been three multimillion-dollar condo sales at the St. Regis in the span of two days this week, adding up to pretty strong evidence that the lag in sales at that skyline-busting tower could be ending.
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1/9/2025 The ultra-high-end housing market is still rolling in the new year - Crain's

The new year is only eight days old, but already the upper end of the real estate market has been busy, with two downtown condo sales at $5 million or more already closed this week.
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1/7/2025 ComEd restores power at South Shore condo buildings amid cold temperatures - ABC

It's was a long, cold night for some people with no power in Chicago's South Shore neighborhood: ComEd crews were able to restore the power at two South Shore condo buildings Monday morning.
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1/3/2025 Chicago crews respond to Gold Coast condo fire along State Street - CBS

The Chicago Fire Department responded to a fire at a large residential tower in the Gold Coast neighborhood Thursday morning.
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1/2/2025 Chicago man arrested in condominium burglary, mail theft case - Fox 32 Chicago

A joint operation between the U.S. Postal Inspection Service and Chicago police led to the arrest of a local man accused of burglarizing a condominium and stealing mail earlier this year.
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12/24/2024 Chicago woman with history of mail theft arrested in condo burglary case: officials - Fox 32 Chicago

A 35-year-old Chicago woman with a history of mail theft was arrested in connection with a condo burglary and mail theft on the city’s Northwest Side, authorities said.
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12/23/2024 Pat Ryan, retired chairman of Aon Corp., sells condo in the Four Seasons Hotel for $1.3M - Chicago Tribune

Billionaire philanthropist and insurance magnate Pat Ryan, who founded and is the retired chairman of Aon Corp., and his wife, Shirley, on Dec. 18 sold one of the two condominium units they have owned on the 62nd floor of the Four Seasons Hotel Chicago building on North Michigan Avenue for its $1.3 million asking price.
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12/19/2024 Museum Park condo, unfinished after 15 years, for sale at $6 million - Chicago Business

New on the market yesterday at nearly $6 million is a high-floor condo in Museum Park that is still unfinished space 15 years after the tower was completed.
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12/18/2024 Chicago Bulls legend Michael Jordan's Highland Park mansion officially sold for $9.5 million after 12 years, Compass listing shows - ABC 7

Michael Jordan's iconic mansion has finally been sold. The former Chicago Bulls superstar's 32,683-square-foot home in Highland Park, went under contract in September after being on the market for 12 years. The house was last listed in 2015 for $14,855,000 -- a $14,145,000 difference from the original asking price of $29,000,000 when the estate went up for sale in 2012.
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12/17/2024 Optima plans to double unit count on Chicago’s North Shore - Multifamily Dive

Optima Lumina will be the developer's second mixed-use project in Wilmette, Illinois, located next door to the first.
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12/13/2024 How the St. Regis became Chicago's tower of troubles - Chicago Business

In September 2016, all signs were favorable as Magellan Development Group and a Chinese partner broke ground on a 101-story hotel and condo tower on a premier Chicago River site. Chinese investment in U.S. real estate was rising, affluent buyers — many of them empty-nesters — were flocking to downtown condos and Magellan had tapped a star architect for the design.
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