Ratings agency S&P downgraded the city of Chicago’s general obligation debt late Monday, citing structural imbalance in the just-passed 2025 budget, limited options for new revenue down the line and a ...

Two 12-story hotels are proposed for a site at West Peachtree Street and Baltimore Place in Downtown, according to separate ...

The move will increase the city's borrowing costs, including for Mayor Brandon Johnson's proposed $1.25 billion bond issue ...

The credit rating agency S&P Global downgraded the City of Chicago's rating after the passage of its 2025 budget last month.

Though restaurant week may be best associated with Chicago dining, it isn’t just for city dwellers. Chicago’s 17-day event, ...

Mayor Brandon Johnson slammed S&P’s decision to downgrade the city’s credit rating, saying it was based on inaccurate ...

ELGIN, Ill. (WLS) -- The city of Elgin is planning to begin removing a so-called tent city for the homeless next week. The ...

A rideshare passenger was injured in a Dan Ryan Expressway shooting on Chicago's South Side early Saturday morning, Illinois ...

The Chicago-based hotel management and development firm is expanding its lifestyle portfolio by taking over operations at the ...

A local real estate broker said he is close to buying a property just south of McCormick Place with plans to build a 370-unit residential tower there. The site's current owner isn't so sure.

From megadevelopments to a revitalized central business district, read about the biggest stories Chicago CRE is following in ...