The AP and Mayor Daley are calling it; the Chicago Tribune isn't ready to commit yet. But with 55% of the vote, it looks like Rahm Emanuel has avoided a runoff and so will be the next mayor of Chicago:
City Clerk Miguel del Valle had 9.4 percent and former U.S. Sen. Carol Moseley Braun was at 8.7 percent.
Despite a tremendous amount of attention on the mayor's race and a slew of hotly-contested aldermanic races, election officials say turnout could be as low as 40 percent. That's far less than the 50 percent turnout officials were hoping for on Monday.
If no candidate scores a majority tonight, the top two finishers will square off for six more weeks of campaigning. A runoff election will be held to determine Chicago's next mayor.
Mayor Richard Daley, who is out of town today, isn't on the ballot for the first time since 1989. He'll leave office on May 16 when his successor is sworn in.
No word yet who'll be my next alderman. I assume it will be the one who outspent her opponents by an obscene margin. More later.
Update, 20:35 CT: Gery Chico has conceded; Emanuel has won.