The vacant land near Higgins Road and Cumberland Avenue that GlenStar wants to transform into a 297-apartment complex. (Credit: Google Maps)

Members of the Chicago City Council have until Friday to respond to 10 questions posed by federal officials probing whether aldermanic prerogative has created a hyper-segregated city rife with racism and gentrification.

(WTTW News)

The Chicago City Council may be forced to confront the role its decades-old tradition of giving aldermen the final say over housing developments in their wards has played in creating a hyper-segregated city rife with racism and gentrification. 

Most Chicago homeowners–with the exception of some 18 aldermen–are facing property tax increases and the prospect of more to come. Will the tax hikes dampen home sales?

Chicago's old main post office. (Brianbobcat / Creative Commons)

The building that thousands of cars drive under every day will be turned into commercial office space. Looking at the future of a building that's been empty since 1997. 

Crain’s Chicago Business managing editor Ann Dwyer reports on the closure of an Illinois Obamacare provider, vacancies in the Trump Tower and Lake Forest's stagnate real estate market. 

A social media campaign calls on developers to halt second-story additions to Chicago’s bungalows.

Chicago is seeing a rise in high-rise construction with 34 new buildings over 200 feet tall currently under construction. That number has doubled in the last 15 months. What’s causing the sky-high building boom? Curbed Chicago editor AJ LaTrace joins "Chicago Tonight" to explain.

After a decade of volatility, national home prices rose a steady 4 to 5 percent in 2015. Unfortunately, that was not the case in the Chicago market, where single family home prices rose by a meager 1.3 percent. Real estate reporter Dennis Rodkin has more on the state of the local market.