-
Illinois State University has closed the sale of its former Shelbourne Apartment complex in Normal for $1.1 million. The buyer says they will renovate the apartments rather than tear them down and start over.
-
The Normal Town Council will consider spending close to $561,000 to improve tennis and pickleball courts at Anderson and Underwood parks when it meets Monday evening. Town staff said none of those courts have been resurfaced in two decades with the infrastructure spending taking into account the growing popularity of pickleball.
-
So far this year, the Town of Normal has approved plans for 80 new single-family homes to help address a 4,000-unit housing shortage in Bloomington-Normal. But City Manager Pam Reece said those have all been within existing subdivisions and don't address a lack of upscale apartments — until recently.
-
The council will vote during its regular meeting whether to lease 27 cameras from Flock Safety, for close to $84,000. That's the same vender Bloomington chose.
-
There have been anecdotal reports of a housing shortage in Bloomington-Normal for years. Now, the Bloomington- Normal Economic Development Council has a new analysis that shows the shortage is significant and has grown since the last study done five years ago.
-
A total of 102 newly built homes sold in Bloomington-Normal last year. That's $34 million in new property value created in the community to meet demand, according to figures from the Mid-Illinois Association of Realtors. And it's more than twice the amount of new home construction in 2020. Early signs are this year will be even better.
-
A proposal from Bloomington City Council member Jamie Mathy has re-energized a longstanding conversation about where new housing should go – on the edges of town, or closer to its core – and the financial implications of those decisions.
-
Higher costs of building materials continue to drive up the price of a new home in McLean County, but that hasn't slowed the market.
-
It takes pay of more than $16.40 an hour for a full-time worker to afford a two-bedroom apartment in Bloomington-Normal and Peoria. That's according to a new report from Housing Action Illinois and the National Low Income Housing Coalition.
-
Can you call it hot housing karma? It’s the mojo that comes around when you sell a house well over asking after struggling to find a house somewhere else within your price range in this crazy real estate market.