Wednesday, December 4, 2024

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IDFPR

IDFPR Publishes Condominium and Common Interest Community Complaint Resolution Policy Templates

The Illinois Department of Financial and Professional Regulation (“IDFPR”) Division of Real Estate (“DRE”) recently published an Association Complaint Procedure and an Association Complaint Form.
IDFPR

Rights and Responsibilities of Condo Association Board Members Now Available

The Illinois Department of Financial and Professional Regulation (IDFPR) Division of Real Estate (DRE) recently published the “Rights and Responsibilities of Association Board Members” to clearly explain the legal responsibilities of condominium and common interest community property boards. The publication includes general information regarding
Ilinois.gov

New law cuts red tape for real estate professionals, businesses; takes additional bill...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.

Results of Customary and Reasonable Appraisal Fee Survey Are Now Available

Findings from Illinois’ Customary and Reasonable Fee Survey are now available online, according to the Illinois Department of Financial and Professional Regulation (IDFPR). The voluntary survey of Illinois licensed real estate appraisers began in January with assistance from the Office of Real Estate Research at the University of Illinois at Urbana-Champaign.
Press Image ATI Addison Palatine IL

The Boulder Group Arranges Sale of Net Lease ATI Physical Therapy Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased ATI Physical Therapy property locations in Illinois for $3,400,000. The Addison location is an outparcel to a shopping center at the signalized intersection of Northwest Highway (Illinois Route 14) and Quentin Road.
Panera Bread Skokie IL

The Boulder Group Arranges Sale of Net Leased Panera Bread Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Panera Bread located at 5500 West Touhy Avenue in Skokie, Illinois for $3,972,727. The property, constructed in 2016, was developed by The Missner Group.
Discovery Clothing Orland Park IL

The Boulder Group Arranges Sale of Discovery Clothing Sale Leaseback

The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Discover Clothing sale leaseback property located at 15645 South LaGrange Road in Orland Park, Illinois for $4,307,000.
PR Photo DG South Roxana IL

The Boulder Group Arranges Sale of Triple Net Lease Dollar General in the St....

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Dollar General located at 405 Broadway Avenue in South Roxana, Illinois for $588,000. South Roxana is part of the St. Louis Metropolitan Statistical Area.
IRS Orland Park IL

The Boulder Group Arranges Sale of an GSA Building in the Chicago MSA Occupied...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Internal Revenue Service (IRS) office building located at 14479 S. John Humphrey Drive in Orland Park, IL for $3,250,000.
Walgreens Lakemoor IL

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 28895 West Highway 120 in Lakemoor, Illinois for $7,250,000.
AAP Aurora IL

The Boulder Group Arranges Sale of Single Tenant Net Leased Advance Auto Parts in...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Advance Auto Parts located at 1386 Butterfield Road in Aurora, Illinois for $2,150,000. The Advance Auto Parts property is located just off of the heavily trafficked signalized intersection of Kirk Road and Butterfield Road.
Fresenius Chi IL

The Boulder Group Arranges Sale of Net Leased Fresenius Medical Care Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Fresenius Medical Care property located at 3500 W Grand Avenue in Chicago, Illinois for $8,237,000.
MobilityWorks Niles, IL

The Boulder Group Arranges Sale of Single Tenant Net Leased MobilityWorks in the Chicago...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased MobilityWorks property located at 9207 N Milwaukee Avenue in Niles, Illinois for $2,490,000.
DG Delavan, IL

The Boulder Group Arranges Sale of Triple Net Lease Dollar General in Illinois

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 710 East 4th Street in Delavan, Illinois for $ $1,211,000. Delavan is part of the Peoria Metropolitan Statistical Area

Hanley Investment Group Completes Sale of New Single-Tenant Net-Lease LA Fitness in Chicago Metro...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant net-lease investment occupied by LA Fitness in an off-market transaction. The property is located in the Chicago metro area in Elmhurst, Illinois.
Sleep Number Union Bank Glendale Heights IL

The Boulder Group Arranges Sale of a Target Anchored Strip Center in Glendale Heights,...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a Target anchored strip center located at 177-179 West Army Trail Road in Glendale Heights, Illinois for $3,301,587.
Archer Station Chicago

The Boulder Group Arranges Sale of LA Fitness and Ross Anchored Property in Chicago

The Boulder Group, a net leased investment brokerage firm, has completed the sale of Archer Station, a fully leased four tenant shopping center located at 2620-2640 W Pershing Road in Chicago, Illinois for $24,312,811. The property is fully leased to LA Fitness, Ross Dress for Less, AT&T Wireless and Athletico Physical Therapy in a densely populated urban in-fill location with significant barriers to entry
Athletico - Chicago, IL

The Boulder Group Arranges Sale of Net Lease Athletico Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Athletico Physical Therapy property located at 8905 South Commercial Avenue in Chicago, Illinois for $1,025,000. The Athletico Physical Therapy property is located in a densely populated area with significant barriers to entry. More...

Congresswoman Cheri Bustos Opening Statement at Transportation Committee Markup Session for Six-Year Highway Bill

This morning, Congresswoman Cheri Bustos issued the following statement at the opening of the House Transportation and Infrastructure Committee’s markup session for H.R. 3763, the Surface Reauthorization and Reform Act of 2015

Mike Drews of Aurora Installed as President of the Illinois Association of REALTORS®

REALTOR® Mike Drews, GRI, of Aurora has been installed as the 2016 President of the Illinois Association of REALTORS®. He is a Broker-Associate with Charles B. Doss & Co. in Aurora. Active in the real estate industry since 1979, Drews has donated his time and expertise to the REALTOR® organization at the local, state and national level. A past president of the Mainstreet Organization of REALTORS®, he also has served as chairman of various local committees.

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

RI Delegation Announces $31.9 Million to Reduce Greenhouse Gas Emissions in...

U.S. Senators Jack Reed and Sheldon Whitehouse and Congressmen Seth Magaziner and Gabe Amo today announced a new $31,933,577 Low-Carbon Transportation Materials grant for the Rhode Island
HUD - U.S. Department of Housing and Urban Development

HUD Announces 2025 Loan Limits