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JMB Realty was a real estate investment company based in Chicago.In 1993, after suffering during the early 1990s recession, the company spun off its retail properties as Urban Shopping Centers, Inc., which was acquired by Rodamco in 2000 and broken up.
The Jane Addams Homes (one of the first three public housing projects in Chicago) consisted of 32 buildings of 2, 3, and 4 stories (987 units) built in 1938 by Franklin D. Roosevelt's PWA Program. They housed hundreds of families over several decades until they were vacated in 2002. [2] They were famous for their animal sculptures in the court ...
The shift towards investor ownership in the area extends beyond single-family homes. In the past three years, out of 416 condo sales in South Shore, 148 were purchased by businesses.
In March 2001, the company began development of the $58 million, 436,000 square foot Chicago International Produce Market. [ 4 ] In July 2001, the company invested $56 million in 9 suburban buildings and sold an apartment complex, 4 industrial buildings and a 42-acre land parcel in Aurora, Illinois for $48 million.
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The area famously became a dry settlement, prohibiting saloons and the sale of liquor. [5] A permanent settlement was established with the sale of the land to John Blackstone in 1839. [ 9 ] In 1844, Blackstone sold the land along the Blue Island Ridge from 91st to 115th Streets to Thomas Morgan, after whom Morgan Park is named.
In Cook County, which includes Chicago and its suburbs, property taxes are due twice a year. Taxes not paid by the first due date in March are considered "delinquent," and interest begins to accrue.
900 North Michigan in Chicago, in the U.S. state of Illinois, is a skyscraper completed in 1989. At 871 feet (265 m) tall, it is the eleventh tallest building in Chicago as of 2023 [update] and the 59th-tallest in the United States .