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Real Estate

Chicago Bears close to a deal to build a new stadium in Illinois | Report

Lisa Nguyen
Lisa Nguyen
Lisa Nguyen
Reporter · Chicago, IL

With a Bachelor’s degree in Education and Journalism from Loyola University Chicago, Lisa Nguyen has dedicated her career to covering educational issues in the city. She has worked for WBEZ, focusing on local initiatives and reforms affecting Chicago schools.

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Reporter · Thursday, October 29, 2026 at 6:08 PM · 1 min read
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Chicago Bears close to a deal to build a new stadium in Illinois | Report — Oak Park Real Estate news

Are the Indiana Bears no more?The Chicago Bears are reportedly close to a deal that would keep the team in Illinois with a new stadium being built in Cook County.According to Crain's Chicago, the Bears are close to a deal that would keep them from moving across state lines.Greg Hinz reports the measure picking up momentum in Springfield was the same measure that was originally passed by the Illinois state Senate late in the spring session, but stalled in the House.The house passed a conflicting plan, which stalled legislators at the 11th hour.This plan would be for a stadium in Arlington Heights, not Chicago proper.Crain's is reporting that some revisions still need to be resolved, but the bill would allow a municipality to establish authority to finance and operate stadiums and other mega projects. This includes Chicago, Crain's reports.The publicly-owned facility would not have to pay property tax, which gives the Bears "tax certainty." That's what the franchise has been vying for si

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