Committee News

NICAR’s goals are to keep members informed of legislative issues and resources affecting commercial real estate and to work with State Legislators and the Illinois Association of Realtors to closely monitor legislation, which affects commercial real estate.

 

Call to Action

Market Update November 2, 2020

If you have restaurants that you work with who are considering who are inclined to remain open in defiance of the Governor’s order, they can consider sending this letter: https://theserviceindustry.us/pritzker-letter/ Closings remain steady as investors seem to wait...

Downtown Downers Grove 990 SF store for lease

PropertyType: Retail/Commercial Target County: DuPage County Target Cities: Downers Grove Describe Your Need We have a 990 SF unit @ 4952 Main Street in downtown Downers Grove, just north of the commuter train station and Starbucks, in a former White Hen plaza with a...

Market Update October 25, 2020

I am seeing a steady increase of properties being marketed on LinkedIn - this is a great forum and if you are not using it, you should! We are experiencing some good traction with residential (apartment) marketing through Facebook advertising and are running some...

Market Update October 16, 2020

Be aware that the challenges facing the urban core have an extended timeline as more and more corporations have announced that the earliest their employees are coming back into the office is summer of 2021, pushing back the initial goal of January 2021 I talked to a...

Market Update October 12, 2020

1) This week's Chicago broker breakfast led to two queries on 7.9 acres in Palatine that has been on the market for 8 years with limited/no activity. Potential interest is multi-family. There are developers suddenly sniffing around.2) My single office tenant in Geneva...

Video 1: Nicar on Zoom – Introduction and Pricing Options

Keep your deal flow going by going virtual. This is the first in the series of videos to help you be more productive when working at home. In this first video, Coach Marketing’s John Fitzgerald introduces the video conferencing software Zoom and looks at its pricing...