Real Estate

Illinois shopping center faces foreclosure lawsuit

The Glen Town Center, a shopping area built on a former military base in Glenview, Ill., is the subject of a foreclosure lawsuit filed in June, the Chicago Tribune reported this week.

The property, which is part of a mixed, retail-residential community, last made a payment on its loan in 2009. Creditors are asking for the repayment of $56 million in debts.

Click here to read the full story in the Chicago Tribune.

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