(WTTW News)

One of Chicago’s fastest-growing companies looks to shed half of its headquarter space in the Loop. A glimmer of hope for suburban renters as rent prices rise. And the Wirtz family takes on a project off the ice.

(Credit: McDonald's)

Property owners will receive their tax bills soon — and homeowners might be a bit let down. Zoro, an e-commerce platform for business supplies, is joining the list of companies moving from the suburbs to the city. And McDonald's is rolling out what they say is their largest global campaign to date for the World Cup.

(WTTW News)

Walgreens backs a deal to purchase a medical center company. The owners of a landmark hotel on Michigan Avenue are hunting for a buyer — again. And a new report finds Chicago’s affordable housing problem isn’t as bad as some other cities.

(Courtesy of Tempus)

Chicago biotech company Tempus raises hundreds of millions of dollars in funding from some big-name players. And another apartment building is proposed for what has become Chicago’s hottest neighborhood for multi-family units.

(WTTW News)

Two Chicago high-rises hit the market, leaving more than 700 downtown apartments up for sale. And a loan tied to a distressed hotel in River North sells at a steep discount.

(WTTW News)

There’s good news for those apartment hunting in downtown Chicago as record-high prices begin to cool off. And airline passengers will have more power and goodwill under a new federal proposal that would force fees to be disclosed.

The vacant land near Higgins Road and Cumberland Avenue that GlenStar wants to transform into a 297-apartment complex. (Credit: Google Maps)

The proposal from Glenstar at 8535 W. Higgins Road will build the 41st Ward’s first affordable housing in decades amid a cluster of hotels and office mid-rises along the Kennedy Expressway near O’Hare Airport and steps away from the CTA Blue Line.

The vacant land near Higgins Road and Cumberland Avenue that GlenStar wants to transform into a 297-apartment complex. (Credit: Google Maps)

The committee vote represents a nearly unprecedented rebuke of the decades-old tradition of giving alderpeople the final say over housing developments in their wards.

The vacant land near Higgins Road and Cumberland Avenue that GlenStar wants to transform into a 297-apartment complex. (Credit: Google Maps)

Members of the Chicago City Council have until Friday to respond to 10 questions posed by federal officials probing whether aldermanic prerogative has created a hyper-segregated city rife with racism and gentrification.

(WTTW News)

The Chicago City Council may be forced to confront the role its decades-old tradition of giving aldermen the final say over housing developments in their wards has played in creating a hyper-segregated city rife with racism and gentrification. 

Most Chicago homeowners–with the exception of some 18 aldermen–are facing property tax increases and the prospect of more to come. Will the tax hikes dampen home sales?

Chicago's old main post office. (Brianbobcat / Creative Commons)

The building that thousands of cars drive under every day will be turned into commercial office space. Looking at the future of a building that's been empty since 1997. 

Crain’s Chicago Business managing editor Ann Dwyer reports on the closure of an Illinois Obamacare provider, vacancies in the Trump Tower and Lake Forest's stagnate real estate market. 

A social media campaign calls on developers to halt second-story additions to Chicago’s bungalows.

Chicago is seeing a rise in high-rise construction with 34 new buildings over 200 feet tall currently under construction. That number has doubled in the last 15 months. What’s causing the sky-high building boom? Curbed Chicago editor AJ LaTrace joins "Chicago Tonight" to explain.

After a decade of volatility, national home prices rose a steady 4 to 5 percent in 2015. Unfortunately, that was not the case in the Chicago market, where single family home prices rose by a meager 1.3 percent. Real estate reporter Dennis Rodkin has more on the state of the local market.