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The onetime location of an iconic Mount Prospect business is home to a new business. Gold + Oak, which specializes in "exclusive lifestyle goods" curated from talented artisans across the globe, held its grand opening Thursday at 100 E. Northwest Hwy.
Delinquent rent in Chicago could now exceed $1B, according to a survey released last week by the Neighborhood Building Owners Alliance, a group of small and midsized Chicago landlords. The high level of delinquency brought about by the coronavirus pandemic is leading to neighborhood disinvestment. With their revenue plunging to historic lows, 65% of landlords surveyed said they expect to make fewer capital improvements. In addition, nearly half expect to cut down on repairs and maintenance. “With so much delinquent rent, many housing providers lack the funds to continue to maintain their p...