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New Hope for 2 Downtown Buildings

Property Lines has updated us with news on a couple of troubled buildings Downtown.

  • The Illinois Building, which has been vacant since 2003, has a pending meeting between Halakar Properties and the City regarding tax abatements for redevelopment as first floor retail and apartments.
  • The McQuat Building, which has been vacant for much longer, is owned by Uptown Realty Investors, which hopes to renovate the structure, in addition to adding a new low-rise on their property next door.

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