CHICAGO-Restaurateur and developer Reza Toulabi is expected to get a zoning change for his 32,016-sf lot at 1122-24 W. Catalpa Ave., allowing him to construct a $20-million, 126-unit condominium building.

CHICAGO-The product type may no longer be the low-volatility, bread-and-butter play it traditionally has been, suggests Real Estate Research Corp. CEO and managing principal Kenneth P. Riggs Jr., whose company co-authored a 2004 forecast.

CHICAGO-The 22 units at 5050 S. St. Lawrence Ave., ranging from $199,000 for a one-bedroom to $425,900 for a four-bedroom, will be accessible to handicapped residents. The $7-million project is near Provident Hospital as well as the park.

CHICAGO-Real estate deals involving office properties Downtown, as well as west suburban Bellwood and southwest suburban Joliet, are part of the 22-count indictment against former Governor and Illinois Secretary of State George H. Ryan Sr. as announced by US Attorney Patrick J. Fitzgerald.

CHICAGO-In exchange for permission to build up to 1.5 million sf on two acres along the Kennedy Expressway between Madison and Monroe streets, MR Properties, LLC will now have to pay $20 million for the land.

CHICAGO-Smithfield Properties, LLC's plan to raze the 12-story Scholl College of Podiatric Medicine building and replace it with a 22-story, 74-unit condominium tower along with 14 townhomes is endorsed by the plan commission.

WOODSTOCK, IL-Los Angeles-based KB Homes gets more than $58,000 per acre from North Shore Development Co. for the site at Castle Road and Cobblestone Way, which eventually will be bordered by a retail center and a single-family subdivision.

CHICAGO-Electrical and telecommunications infrastructure to support Bank of America's trading floor are key factors in keeping the fifth-largest tenant in place at 233 S. Wacker Dr. through 2015.