More than 75% of homes across the U.S. are unaffordable, study finds
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
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Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Community leaders at the Grand opening said that the Avenue Apartments was almost nine years in the making, and the doors are a beacon of stability and health for the Westside.
The building offers one and two bedroom apartments, with rent is set between $1,400 and $1,600 a month.
City attorneys have said that taking the lawsuits to trial would have cost the city far more — up to $500 million — to resolve the avalanche of wrongful conviction cases tied to former Sgt. Ronald Watts.
The agendas for the last few City Council meetings were 70 to 80 pages long, while the agenda for the meeting on Thursday is 114 pages. Lauren Victory reports.
The historic Lawson House, a former YMCA on Chicago's Near North Side, won a historic preservation award Tuesday for the $128 million restoration project that revitalized the building.
Chicago city officials cut the ribbon on a brand new mixed-used affordable housing development in Englewood Wednesday.
Illinois Gov. JB Pritzker cut the ribbon Wednesday at a party celebrating upgrades to apartments in the west Chicago suburb of Maywood that are putting smiles on the faces of the residents.
Illinois Gov. JB Pritzker cut the ribbon Wednesday at a party celebrating upgrades to apartments in the west Chicago suburb of Maywood that are putting smiles on the faces of the residents. Noel Brennan reports.
The City Council Zoning Committee advanced a proposal to legalize so-called "granny flats" citywide, allowing Chicago homeowners to build basement, attic, garage, and coach house apartments on their property without obtaining permission from their alderperson.
According to the Chicago Department of Housing, the building will have 45 units, including 10 studios, 15 one-bedrooms, 10 two-bedrooms, and 10 three-bedroom apartments.
Tim Swanson, founder of Inherent Homes, has found a way to keep costs down for both his company and families.
Tim Swanson, founder of Inherent Homes, has found a way to keep costs down for both his company and families. Lauren Victory reports.
On Friday, the ground was finally broken on the last phase of work.
The plan would set up a city-owned nonprofit developer to oversee a $135 million fund to provide loans to developers to build environmentally friendly affordable housing.
The plan would set up a city-owned nonprofit developer to oversee a $135 million fund to provide loans to developers to build environmentally friendly affordable housing.
These affordable homes will be near Ferdinand and Lockwood. The nonprofit says construction of the first three homes in Austin is expected to be completed by next year.
To make the LaSalle Street corridor feel more like a neighborhood, the city plans to build 1,400 mixed-income apartments in the coming years.
Scott is giving $15 million to the Community Investment Corporation, a nonprofit lender that helps buy, rehab, and preserve affordable rental housing.
Banking giant J.P. Morgan Chase is lending $10 million to help build affordable housing in some of Chicago's poorest neighborhoods. Governor JB Pritzker attended the announcement in South Austin.
Overall, the mayor's borrowing plan would cost the city $2.4 billion through 2061.
The City Council Finance Committee has endorsed the plan after the mayor agreed to give aldermen more oversight of the plan, but a final vote has been put off until Friday at the earliest.
Aurora's Todd Elementary School closed in 2019, but it reopened on Wednesday as the new Fox Valley Apartments to house working families.
A couple of shuttered school buildings in Aurora have found new purpose. They'll serve as affordable housing for working people and families. CBS 2 visited the city as doors to one of those schools reopened for the first time in five years.
Prosecutors said the victim was found the victim unresponsive, lying on an inflatable bed with multiple stab wounds to his chest and torso on Christmas Eve.
Chicago police said Amiya, 17, and Aiyanna, 13, were last seen on Christmas Eve in the 9200 block of South Dauphin Ave.
Officers found a woman of unknown age with a gunshot wound to her head, but she was alert and able to communicate with responding officers, Chesteron police said.
A man was charged after a home invasion and attack in Joliet, Illinois.
A car crashed into a building in Chicago's South Shore neighborhood early Saturday morning.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Pope Leo XIV has revealed he privately urged Gov. JB Pritzker not to sign a bill legalizing medical assistance in dying in Illinois.
President Trump invoked a law called Title 10 to bring members of the Illinois National Guard under federal service over the objections of state and local leaders.
A new report shines a light on electricity shortages that Illinois could face in less than 10 years.
With less than two weeks until Christmas, if you're sending gifts to people far from home, the deadlines to get them there on time are fast approaching.
A condo owner in Country Club Hills says he's forced to sell his home after his condo association failed to reimburse him for repairs to his leaking roof. Edward Hadnott's condo has sat empty since a major roof leak in 2022.
The U.S. stopped minting pennies this week, and some groups have issued a warning about the headaches that can create for some businesses and consumers.
Why is one school in the west Chicago suburb of Lisle paying a water bill three times higher than another? The answer has to do with a private utility company.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
It's the holiday season, which means it's the most common time of year for norovirus to spread. Here's what you need to know about this winter stomach bug.
A study conducted in part by Chicago's Northwestern Medicine found that tanning beds not only triple the risk of melanoma, but can also damage DNA across nearly the whole skin surface.
An investigation into the case of a Michigan man who contracted rabies after an organ transplant provided more details on the infection's origin.
The newest measles vaccination numbers released by Chicago Public Schools shows immunizations are finally moving in the right direction.
The Chicago Bears are expanding their search for a new stadium to Northwest Indiana, even though they already own land in Arlington Heights and have also proposed a new lakefront stadium in Chicago.
A Culver's is coming to Chicago's South Loop, a real estate broker has confirmed.
A new vision for passenger rail is on track in southeastern Wisconsin. The MARK Passenger Rail Commission held its inaugural meeting on December 5, 2025, at Racine City Hall.
U.S. Steel says it'll resume making steel slabs at its Granite City Works plant in Illinois amid strengthening demand.
Traffic at O'Hare International Airport is growing faster than expected, and this has Chicago city leaders wanting to make big changes to future construction plans at the airport.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
The band announced Perry Bamonte's death on their official website on Friday.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Sunday will be a wild day with rain, thunderstorms, falling temperatures, strong winds, and flurries. Meteorologist Carl Lam has the latest.
Park Forest police detective Tim Jones died earlier this month at the age of 34, nearly a decade after he was shot in the line of duty.
A man was shot and killed outside of a McDonald's in Chicago's Uptown neighborhood early Saturday morning.
Meteorologist Carl Lam has the extended forecast.
Park Forest Police Detective Tim Jones was shot in the line of duty. He was not expected to survive but pulled through for almost a decade.
A community is coming together on Saturday morning to celebrate the life of Park Forest, Illinois, police Detective Tim Jones.
A man was shot and killed outside of a McDonald's in Chicago's Uptown neighborhood early Saturday morning.
Chicago police said Amiya, 17, and Aiyanna, 13, were last seen on Christmas Eve in the 9200 block of South Dauphin Ave.
Prosecutors said the victim was found the victim unresponsive, lying on an inflatable bed with multiple stab wounds to his chest and torso on Christmas Eve.
Officers found a woman of unknown age with a gunshot wound to her head, but she was alert and able to communicate with responding officers, Chesteron police said.
Cameras not working, video evidence missed by police and a psychic that leads a hit and run victim's son to a clue that changes the case
Some Chicago area hospitals are at risk of significant flooding both in and around the buildings, according to new KFF Health News/Fathom models.
Lawmakers in Springfield are looking to address the high water bills being reported in some suburbs from customers of Illinois American Water.
Electric bills in the Chicago area could go up as much as $70 in the next three years because of data centers, according to the Citizens Utility Board.
Advocates and legislators are seeking solutions and and accountability for a pattern of Chicago police arresting Black gun owners on firearms charges despite valid FOID and CCL licenses.
Jalen Smith sparked a game-ending run with a thunderous dunk on Joel Embiid, and the Chicago Bulls matched a season high with their fifth straight win, beating the Philadelphia 76ers 109-102.
One year ago, the Chicago Bears were fighting for draft positioning. Now they've clinched a playoff spot in the first year of a new coaching regime.
As the 11-4 Chicago Bears prepare for their Sunday night matchup with the 11-4 San Francisco 49ers, one player earned an extra Christmas present from the league thanks to his impressive performance against the Green Bay Packers.
Travis Konecny scored and added his 300th career assist, leading the Philadelphia Flyers past the Blackhawks 3-1 and handing depleted Chicago its sixth straight loss.
The Bulls trailed 117-107 but closed the game on a 19-6 run.
Three women were wounded in a shooting on Christmas night on Thursday in west suburban Aurora.
A woman was released on electronic monitoring Wednesday after authorities said she drove drunk and caused a crash that injured a family of four in Lombard, Illinois.
Multiple cars were broken into this week in Chicago's Lincoln Park neighborhood.
Four women have been charged with leading police on a high-speed chase after stealing from a retail store in the west Chicago suburb of Villa Park.
A woman has been charged with attacking four people at a CTA bus stop in the Lawndale neighborhood, including a woman she allegedly slashed with a broken beer bottle after threatening that woman's mother.
