Chicago aldermen are proposing new rules in an effort to curb gentrification and maintain affordable housing in the area for residents nearby the 606 trail.

Proposed Ordinance for 606 Developers

Nicor Gas residential customers could see their annual bills rise by an average of 8.3 percent, or $4.79 a month, in 2018 under a proposed rate hike the company is seeking to recoup higher costs.

Nicor Gas seeks $4.79 average monthly rate hike

Double Door Evicted
Double Door has been evicted from its longtime location in Wicker Park after an extended legal battle. Double Door failed to make payments on any of their owed appeal bonds, according to a lawyer who represents the club’s landlord.

Double Door Evicted from Wicker Park

New Lead mitigation and disclosure rules for Chicago landlords
Under the recent changes to the amendment that has gone into effect as of January 1, 2017, a Chicago residential landlord receiving a mitigation notice is required to make specific disclosure requirements before renewing or signing a new lease.

Changes in Lead Disclosures for Residential Leases

Wicker Park, Flat Iron Building, Chicago
The studios and art spaces and recent tragedy at Ghost Ship, have brought on hard lessons about many issues, and given traction to concerns stemming from, city inspections, zoning, landlord-tenant relationships, affordable housing and even whether zoning, permitting and even gentrification.

The Artist Space, Oakland, and Societal Woes

(AP) — Wells Fargo’s embattled CEO John Stumpf is stepping down as the nation’s second-largest bank is roiled by a scandal over its sales practices. The San Francisco bank said Wednesday that Stumpf is retiring effective immediately and also relinquishing his title as chairman. He won’t be receiving severance pay […]

Wells Fargo CEO John Stumpf steps down amid sales scandal

Originally a three bedroom, this sprawling two bedroom two and a half bathroom 1500 sf corner unit is for you! Modern finishes include; Malaysian hardwood, granite counters, marble bathrooms and Californian-style shower, enormous walk-in closet, in-unit laundry and a dining area. Both bedrooms feature their own in suite bathroom. Full amenity building. Balcony and one garage space incl. 2nd Space avail for extra.

Just Listed – River North 2/2.1

Set on a quiet tree lined street this spacious unit is just steps from the plaza and heart of Lincoln Square. Generous room sizes, this home has a newer gourmet kitchen, and bathroom. Hardwood floors throughout. In unit laundry. Central air. Enclosed sun room perfect for office, sitting room or arts and crafts. South facing unit just a short walk to brown line, metra, restaurants and shops of the Square!

Just Listed – Lincoln Square 2/1 steps to Plaza