May 16, 2024
Property

Developer pays $9 million for long-sought Guitar Center property in Arlington Heights

  The developer of a planned apartment building with retail space on the southeast corner of Arlington Heights and Algonquin roads in Arlington Heights paid $9 million for the neighboring Guitar Center property, at bottom right, records show. Joe Lewnard/jlewnard@dailyherald.com Work has begun to transform the southern gateway of Arlington Heights, but developer Bradford Allen

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Property

U-46 considering publishing house property for new elementary school

  Elgin Area School District U-46 officials outlined plans Monday to purchase the David C. Cook Publishing House property at 850 N. Grove Ave. for $2.4 million. Rick West/rwest@dailyherald.com A well-known Elgin publishing house could become the site for Elgin Area School District U-46’s newest elementary school. School officials Monday outlined plans to purchase the

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Loans

How community banks survive despite competition from giants

  President Jim Mensching at Itasca Bank & Trust on Irving Park Road in Itasca. The bank has been operating for more than 75 years. John Starks/jstarks@dailyherald.com The secret to their survival is a long-standing local presence, personal relationships with customers and specific loan niches, all while keeping up with technology, say suburban community bankers.

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Funds

Winfield, school districts clash over downtown TIF funds

  A three-story medical office building opened to patients in January 2023 across the street from Northwestern Medicine Central DuPage Hospital in Winfield. A bakery and cafe plans to move into the first floor. Brian Hill/bhill@dailyherald.com, January 2023 Winfield trustees have agreed to provide some financial incentive — up to $100,000 — for a bakery

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Property

Moore presents $200K in unclaimed property | News, Sports, Jobs

Submitted photo From left are Monongalia County Delegate Geno Chiarelli, State Treasurer Riley Moore, and President and CEO of Mon Health System and Executive Vice President of Vandalia Health David Goldberg. MORGANTOWN — State Treasurer Riley Moore visited Morgantown on Tuesday, March 12, to present an unclaimed property check worth more

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Property

New home for Roselle library? Village trustees agree to study property swap

The Roselle Public Library building, located at 40 S. Park St., dates to 1982. Officials could pin their hopes for a new library on land currently owned by the village. Daily Herald file photo A proposed land swap with the village of Roselle could allow library officials to pursue a new plan to replace their

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Property

District 214 superintendent defends approach in property tax battle with Bears

  While the former Arlington Park racetrack sits dormant, a property tax dispute between the Chicago Bears and three Arlington Heights-area school districts remains active. A decision by the Cook County Board of Review could be weeks away. Joe Lewnard/jlewnard@dailyherald.com Northwest Suburban High School District 214 Superintendent Scott Rowe denied his and two other Arlington

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