Investors are buying up residential properties in South Shore
Investor interest in South Shore has steadily increased with investors buying single family homes and condos. Dorothy Tucker reports.
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Investor interest in South Shore has steadily increased with investors buying single family homes and condos. Dorothy Tucker reports.
The sale has those in the real estate industry excited.
The sale of the Highland Park mansion is headline-grabbing news—but could it affect the real estate market for other luxury properties, or even average homeowners? Sara Machi reports.
When it comes to buying and selling homes, new rules are about to be put in play, five months after the National Association of Realtors agreed to a blockbuster settlement over how its 1.5 million agents across the U.S. are paid commissions.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
According to Redfin, the median sales price for a home is at a record $387,000. CBS News business analyst Jill Schlesinger has some tips for people trying to navigate the current real estate market.
This August, some changes could be coming to the way you buy and sell your home.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The referendum remains on the ballot, but if the judge's ruling stands, the votes will not be counted.
On the March 19 primary ballot, voters will be asked to approve an increase to the real estate transfer tax on sales of properties worth over $1 million.
Kenny Parcell, the trade group's president, steps down after a New York Times report alleged he sexually harassed multiple women.
There are several reasons why it's taking longer for millennials to buy property, one of which is they're being outbid by boomers.
The surge in real estate prices, coupled with rising mortgage rates, has made buying a home prohibitively expensive in most larger cities.
HouseFresh found Lakeview ranked number 10 for the most searched-for neighborhood out of the 100 biggest cities – with 20,465 daily Zillow views.
Cook County homeowners are now able to get free legal advice for questions concerning their homes.
"I have little kids. And I don't know what to do."
"By early spring, we are going to have a lot more people back into the city"
Experts say flashy amenities may be a remedy for those empty offices downtown. CBS 2's Tim McNicholas showed us how some landlords and leasing teams are thinking outside the box.
A hot real estate market is burning buyers, and some are skipping professional home inspections - with the goal of closing quick to avoid being outbid.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
CBS 2 Morning Insider Tim McNicholas has learned the struggling market has even resulted in some furloughs.
Zillow faced a 2015 lawsuit from Rosemont, Illinois-based VHT, the nation's largest professional real estate photography studio. VHT said Zillow's use of its photos violated VHT's copyright.
Back in 2010, the average price for a home in this community was about $175,000. Eight years later it has climbed to $467,000.
Want to buy your first house, but the down payment and closing costs are too steep? The city wants to help, with a handout worth thousands of dollars. CBS 2's Mike Parker explains how you can cash in.
Some of the ads on local websites are phony, with pirated home details. It's already cost some victims thousands of dollars. CBS 2's Dana Kozlov reports.
St. Sabina handed out 1,000 turkeys donated by movie director Spike Lee. Servants for Hope gave away more than 600 turkeys in Englewood.
Some along the parade route said they were excited for another year of Mickey Mouse and Minnie Mouse flipping the switch to light up the Mag Mile.
Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers.
Lukas Reichel and Patrick Maroon scored for the Blackhawks, who lost for the fourth time in five games.
Larry Foster, of Lisle, is accused of entering the victim's home and sexually assaulting them on March 16.
The 29-person team will advise the prosecutor's office on everything from handling gun violence cases to wrongful convictions to public corruption.
Parking garage managers said the number of parkers is down since the pandemic, as more people work remotely, leaving them struggling to make a profit.
Cook Cook State's Attorney Kim Foxx sat down with CBS News Chicago to reflect on her legacy after eight years in office.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
The reopened Pilsen facility is one of three that Mayor Brandon Johnson promised would reopen by the end of the year.
So far, despite several requests, the woman has not been able to get a hold of her medical records to send to her new doctors.
Those in the industry who spoke to CBS News Chicago said their margins are already so slim that an increased liquor tax could drive business owners to close their doors.
Robin McElroy said she loves everything about her Morgan Park home—except for the panic-inducing surprises she has been getting in the mail about her supposedly unpaid taxes.
Scammers often get financial information and personal details, or lure in veterans with videos that claim they can win lots of money,
It's the season of giving, but if you're not careful with finances, you could be getting a hefty bill at the end of the holiday season.
Little Penelope Lo Destro's parents were about to start their family when there was a terrible diagnosis.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
The 65-year-old actor and stand-up comedian, best known for portraying Joey Gladstone on "Full House," said he first noticed symptoms in October.
An attorney representing a conservative prosecutor struggled Monday to convince Wisconsin's liberal-leaning Supreme Court to reactivate the state's 175-year-old abortion ban.
Owner Ricky Burns made a big dream come true in the tiny space on Western Avenue in West Ridge.
Those in the industry who spoke to CBS News Chicago said their margins are already so slim that an increased liquor tax could drive business owners to close their doors.
The nonprofit Far South Community Development Corporation is working to create everlasting change—and has a vision specifically for the commercial corridor at 115th and Halsted streets.
Wonder Group, a New York-based food ordering company that touts "fast fine" dining, is set to be Grubhub's new owner.
Foxtrot will be pouring free drip coffee between 6 a.m. and 10 a.m. at the Fulton Market location to celebrate the reopening.
The 17-time Grammy Award-winning artist's new album features 12 songs.
The British pop star is bringing her Brat 2025 arena tour to the Allstate Arena on April 28 at 7 p.m
Ravyn Lenae, a rising R&B star from the South Side of Chicago, is among the artists announced Wednesday for the popular California desert music festival.
Speaking to American Theatre in 2018, Vire said he arrived in Chicago as a "lapsed actor," and fell into theatre criticism "through the back door."
"America demanded it and now it's happening: Taco Bell's new Cheesy Chalupa Supreme. In other news, I'm hosting the Oscars," Conan O'Brien said.
CBS News Chicago meteorologist Kylee Miller has the latest 7-day forecast.
President-elect Donald Trump continues to announce key appointments to his Cabinet, including billionaire hedge fund manager Scott Bessent as his pick for Secretary of the Treasury.
Are you already preparing for Thanksgiving dinner? Non-profits certainly are, giving out thousands of turkeys around Chicago and the suburbs on Saturday,
The holiday rush is on. Streets in downtown Chicago are packed with holiday festivities as crowds pack Michigan Avenue for the annual Magnificent Mile Lights Festival and Parade.
The driver hit and killed a 54-year-old woman who was crossing the street near 67th and Western and didn't stop, police said.
Chicago police said the vendor, a 35-year-old man, was approached by a 30-year-old man, and then a brief struggle ensued.
Some along the parade route said they were excited for another year of Mickey Mouse and Minnie Mouse flipping the switch to light up the Mag Mile.
St. Sabina handed out 1,000 turkeys donated by movie director Spike Lee. Servants for Hope gave away more than 600 turkeys in Englewood.
Williams, whose paintings now are celebrated around the world, and hanging in galleries, got his start in life and in art in the heart of the South Shore neighborhood.
Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers.
The 29-person team will advise the prosecutor's office on everything from handling gun violence cases to wrongful convictions to public corruption.
Cook Cook State's Attorney Kim Foxx sat down with CBS News Chicago to reflect on her legacy after eight years in office.
A judge released Constantin Beldie on electronic monitoring in October, after he allegedly beat and tried to kidnap his estranged wife. He's now accused of killing her weeks later.
So far, despite several requests, the woman has not been able to get a hold of her medical records to send to her new doctors.
The police department has spent $22.6 million in overtime this year for officers working special events — only about $2 million of which has been reimbursed to the city.
Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers.
Lukas Reichel and Patrick Maroon scored for the Blackhawks, who lost for the fourth time in five games.
Zach LaVine scored 26 points, Ayo Dosunmu and Coby White each had 20 and the Chicago Bulls beat the Atlanta Hawks 136-122 on Friday night in an NBA Cup game.
The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce.
Craig Smith and Nick Foligno also scored as the 'Hawks stopped a three-game slide.
The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce.
K9 officer Riggs served 8 years on the force. He was 10 years old.
One man suffered multiple gunshot wounds and was rushed to an area hospital for treatment, police said.
The woman was taken to Advocate Christ Medical Center in Oak Lawn in critical condition.
Don Archer helped police catch the thief in less than 24 hours.
