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Chicago, Il Commercial Real Estate News

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Q1 2023 Multifamily Real Estate Report: Chicago, IL

Published: 07-18-23 Category: General CRE

Chicago's multifamily real estate market saw increased vacancies, increased rental rates, and positive absorption in Q1 2023. ...

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Q1 2023 Industrial Real Estate Report: Chicago, IL

Published: 07-11-23 Category: General CRE

Chicago's industrial real estate market posted positive absorption, low vacancies, and an increase in rental rates in Q1 2023. ...

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Q1 2023 Office Space Report: Chicago, IL

Published: 07-05-23 Category: General CRE

Chicago’s office space market posted a decrease in absorption, an increase in vacancies, and a slight increase in average asking rents in Q1 2023. ...

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Q4 2022 Multifamily Real Estate Report: Chicago, IL

Published: 06-02-23 Category: General CRE

Chicago’s multifamily real estate market saw steady performance in Q4 2022: Vacancies stayed flat, average asking rents increased, and new construction was added. ...

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Q4 2022 Office Space Report: Chicago, IL

Published: 05-23-23 Category: General CRE

Chicago’s office space market struggled in Q4 2022 as vacancies reached record highs, absorption remained negative, and transaction activity stayed slow. ...

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Q4 2022 Industrial Real Estate Report: Chicago, IL

Published: 05-12-23 Category: General CRE

Chicago’s industrial real estate market was tight at the end of 2022, with high tenant demand and low leasing activity. ...

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Q3 2022 Industrial Real Estate Report: Chicago, IL

Published: 02-20-23 Category: General CRE

Industrial real estate in Chicago had a strong year in 2022, and Q3 continued that pace, with high demand driving historically low vacancy rates & record-setting development. ...

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Q3 2022 Multifamily Report: Chicago, IL

Published: 02-07-23 Category: General CRE

Q3 of 2022 in Chicago, Illinois’ multifamily market saw record-high rent increases, plummeting vacancies, and increased migration among aging millennials to the suburbs. ...

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Q3 2022 Office Space Report: Chicago, IL

Published: 01-16-23 Category: General CRE

At first glance, the current state of Chicago office space looks positive…if you’re a prospective tenant. ...

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Buying a Hotel for Sale in Chicago

Published: 10-07-22 Category: Investing

Chicago’s bustling night life, cultural centers, and tourism industries complement its hospitality industry greatly. Get tips and advice on buying a hotel for sale in Chicago. ...

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Q2 2022 Industrial Real Estate Report: Chicago, IL

Published: 08-26-22 Category: General CRE

Chicago’s industrial real estate market is as tight as it’s ever been, with record-low vacancies, a robust development pipeline, and positive net absorption above 10 million s ...

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2022 Office Space Report: Chicago, IL

Published: 07-21-22 Category: General CRE

Chicago’s office space market currently sees a vacancy rate of about 20%, but office rents are still recovering from damage due to the pandemic. ...

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2022 Multifamily Market Trends in Chicago, Illinois

Published: 03-23-22 Category: Insight

The tourism and multifamily sectors of Chicago are merging to create a pool of commercial real estate opportunities for investors in 2022. ...

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Examining Important 2022 Hospitality Trends in the Greater Chicago Area

Published: 02-25-22 Category: General CRE

While most forget the history, Chicago is still one of the greatest cities in the country, and a huge economic powerhouse of the Midwest. ...

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Hotels for Sale in Illinois: Trojan Horses or Unsung Heroes?

Published: 02-24-22 Category: Investing

Illinois is breeding specific incentives for hotel investors, starting with their Economic Development for a Growing Economy tax credit. ...

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Flipping Hotels for Sale in Chicago in 2022

Published: 10-02-21 Category: Investing

The unique landscape of Chicago's urban core means that, as hotel operators have made the decision to sell, CRE developers have the chance to turn the space into housing. ...