🏡 SOUTHEAST DUPAGE MULTIFAMILY: Q4 2025 MARKET SNAPSHOT
Quiet stability, high occupancy, and buyers circling for suburban product.
In towns like Darien, Willowbrook, and Woodridge, the Q4 2025 data paints a picture of suburban resilience — and a potential opportunity for sellers with well-located, income-producing properties.
📊 Here’s what we’re seeing:
📉 Vacancy levels remain below pre-pandemic averages
💰 Steady rent growth across Class B/C inventory
🔍 Investor demand persists for stabilized and value-add assets
Southeast DuPage remains a sought-after pocket for multifamily buyers targeting low-maintenance assets with long-term upside. If you own in this area, now may be the time to reassess your hold strategy.
📥 Full market report available here:
👉 https://creconsult.net/southeast-dupage-county-multifamily-market-q4-2025/
📞 Let’s talk about your building. I’m offering free, no-pressure valuations backed by real-time comps and market activity.
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | Southeast DuPage Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#DuPageCountyMultifamily #WillowbrookApartments #WoodridgeCRE #DarienMultifamily #ApartmentSales #CREBroker #SuburbanChicagoRealEstate #MultifamilyInvesting #CREUpdate #RealEstateBrokerage #MultifamilyValuation
Thursday, November 20, 2025
🏢 NORTH DUPAGE MULTIFAMILY: Q4 2025 INSIGHTS
Affordability, access, and strong tenant demand are driving investor attention.
In the latest market report for North DuPage County, we're seeing a steady, investor-favorable dynamic in towns like Addison, Glendale Heights, Bensenville, and Roselle.
Highlights from Q4 2025:
🏘️ Solid rent growth supported by strong workforce housing demand
🧭 Central suburban location attracting 1031 and private capital
🔒 Inventory remains limited, creating favorable conditions for sellers
📍 For owners considering refinancing, repositioning, or a potential exit, now may be the right time to understand your market position.
📥 Read the full report here:
👉 https://creconsult.net/north-dupage-county-multifamily-market-q4-2025/
📊 Want a no-obligation, confidential valuation for your North DuPage multifamily property? Let’s connect.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | DuPage County Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#DuPageCountyMultifamily #NorthDuPageApartments #ChicagoCRE #MultifamilyBroker #CREUpdate #ApartmentSales #SuburbanMultifamily #RealEstateInvesting #CREBroker #IllinoisMultifamily
Affordability, access, and strong tenant demand are driving investor attention.
In the latest market report for North DuPage County, we're seeing a steady, investor-favorable dynamic in towns like Addison, Glendale Heights, Bensenville, and Roselle.
Highlights from Q4 2025:
🏘️ Solid rent growth supported by strong workforce housing demand
🧭 Central suburban location attracting 1031 and private capital
🔒 Inventory remains limited, creating favorable conditions for sellers
📍 For owners considering refinancing, repositioning, or a potential exit, now may be the right time to understand your market position.
📥 Read the full report here:
👉 https://creconsult.net/north-dupage-county-multifamily-market-q4-2025/
📊 Want a no-obligation, confidential valuation for your North DuPage multifamily property? Let’s connect.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | DuPage County Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#DuPageCountyMultifamily #NorthDuPageApartments #ChicagoCRE #MultifamilyBroker #CREUpdate #ApartmentSales #SuburbanMultifamily #RealEstateInvesting #CREBroker #IllinoisMultifamily
🏘️ GLEN ELLYN & WEST CHICAGO MULTIFAMILY: Q4 2025 UPDATE
Low inventory. Strong rents. Rising investor interest.
Suburban pockets like Glen Ellyn and West Chicago are becoming increasingly attractive to multifamily buyers priced out of core markets.
In my latest Q4 2025 report, we’re seeing:
🔒 Limited property turnover keeping values stable
💵 Rent growth supported by strong local demand and constrained supply
👀 Private investors and syndicators expanding search westward from DuPage and Kane County corridors
If you own in these submarkets, it may be an opportune time to evaluate your position—or explore exit strategies before broader attention drives pricing adjustments.
📥 Read the full report here:
👉 https://creconsult.net/glen-ellyn-west-chicago-multifamily-market-q4-2025/
📊 Want to know what your building is worth in today’s market?
I’m offering free, confidential valuations for Glen Ellyn and West Chicago property owners.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | Suburban Chicago Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#GlenEllynMultifamily #WestChicagoApartments #ChicagoCRE #MultifamilyInvesting #ApartmentSales #CREBroker #DuPageCountyRealEstate #MultifamilySales #CREUpdate #SuburbanMultifamily
Low inventory. Strong rents. Rising investor interest.
Suburban pockets like Glen Ellyn and West Chicago are becoming increasingly attractive to multifamily buyers priced out of core markets.
In my latest Q4 2025 report, we’re seeing:
🔒 Limited property turnover keeping values stable
💵 Rent growth supported by strong local demand and constrained supply
👀 Private investors and syndicators expanding search westward from DuPage and Kane County corridors
If you own in these submarkets, it may be an opportune time to evaluate your position—or explore exit strategies before broader attention drives pricing adjustments.
📥 Read the full report here:
👉 https://creconsult.net/glen-ellyn-west-chicago-multifamily-market-q4-2025/
📊 Want to know what your building is worth in today’s market?
I’m offering free, confidential valuations for Glen Ellyn and West Chicago property owners.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | Suburban Chicago Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#GlenEllynMultifamily #WestChicagoApartments #ChicagoCRE #MultifamilyInvesting #ApartmentSales #CREBroker #DuPageCountyRealEstate #MultifamilySales #CREUpdate #SuburbanMultifamily
Thursday, October 30, 2025
🏙️ eXp Commercial Facilitates $1.475M Multifamily Redevelopment in Wheaton, Illinois
Proud to share our latest Chicagoland multifamily redevelopment—the sale of 100 W Roosevelt Road in Wheaton, IL, brokered by Randolph Taylor, CCIM, Vice President with eXp Commercial’s National Multifamily Division.
The $1.475M transaction involves two office buildings (≈24,000 SF on 1.2 acres) that will be redeveloped into 22 multifamily units following rezoning from office to residential use.
This deal highlights growing momentum for adaptive reuse and suburban multifamily investment across the Chicago metro.
🔗 Full release: https://creconsult.net/exp-commercial-wheaton-multifamily-redevelopment/
📞 For market insights:
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
eXp Commercial – Chicago
📧 rtaylor@creconsult.net
☎ (630) 474-6441
#eXpCommercial #Multifamily #AdaptiveReuse #Wheaton #ChicagoCRE #Redevelopment #CRE #RandolphTaylorCCIM
Proud to share our latest Chicagoland multifamily redevelopment—the sale of 100 W Roosevelt Road in Wheaton, IL, brokered by Randolph Taylor, CCIM, Vice President with eXp Commercial’s National Multifamily Division.
The $1.475M transaction involves two office buildings (≈24,000 SF on 1.2 acres) that will be redeveloped into 22 multifamily units following rezoning from office to residential use.
This deal highlights growing momentum for adaptive reuse and suburban multifamily investment across the Chicago metro.
🔗 Full release: https://creconsult.net/exp-commercial-wheaton-multifamily-redevelopment/
📞 For market insights:
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
eXp Commercial – Chicago
📧 rtaylor@creconsult.net
☎ (630) 474-6441
#eXpCommercial #Multifamily #AdaptiveReuse #Wheaton #ChicagoCRE #Redevelopment #CRE #RandolphTaylorCCIM
🏡 NAPERVILLE & LISLE MULTIFAMILY | Q4 2025 MARKET UPDATE
Demand is strong. Supply is scarce. Suburban stability is paying off.
Naperville and Lisle continue to stand out as top-performing suburban submarkets for multifamily investments in Q4 2025. Local owners should be watching this closely:
📈 Rents are trending upward, driven by high-credit tenants leaving the city
🏢 Occupancy remains tight, with limited new supply on the horizon
💼 Private buyers and 1031 investors are fueling demand for well-located mid-sized assets
These trends are shaping not just values but also exit timing and buyer profiles. If you own multifamily in Naperville, Lisle, or nearby areas, this data could help you position your property advantageously.
📥 Get the full report and actionable insights:
👉 https://creconsult.net/naperville-lisle-multifamily-market-q4-2025/
🔍 Thinking of selling in the next 6–12 months?
Let’s talk strategy. I’m currently offering no-obligation property evaluations for local owners.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | Western Suburbs Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#NapervilleMultifamily #LisleApartments #ChicagoSuburbs #MultifamilySales #CREBroker #ApartmentInvest
Demand is strong. Supply is scarce. Suburban stability is paying off.
Naperville and Lisle continue to stand out as top-performing suburban submarkets for multifamily investments in Q4 2025. Local owners should be watching this closely:
📈 Rents are trending upward, driven by high-credit tenants leaving the city
🏢 Occupancy remains tight, with limited new supply on the horizon
💼 Private buyers and 1031 investors are fueling demand for well-located mid-sized assets
These trends are shaping not just values but also exit timing and buyer profiles. If you own multifamily in Naperville, Lisle, or nearby areas, this data could help you position your property advantageously.
📥 Get the full report and actionable insights:
👉 https://creconsult.net/naperville-lisle-multifamily-market-q4-2025/
🔍 Thinking of selling in the next 6–12 months?
Let’s talk strategy. I’m currently offering no-obligation property evaluations for local owners.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | Western Suburbs Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#NapervilleMultifamily #LisleApartments #ChicagoSuburbs #MultifamilySales #CREBroker #ApartmentInvest
Wednesday, October 29, 2025
🏙️ AURORA MULTIFAMILY: Q4 2025 SNAPSHOT
Rents are rising. Vacancy falling. Investment interest shifting west.
📍 Aurora’s multifamily market continues to show resilience—and opportunity—as investors eye suburban stability over urban volatility.
In this just-released Q4 2025 market update, I highlight:
📈 Rent growth outpacing inflation in key zip codes
🏘️ Tight vacancy rates amid slow new construction
💰 Renewed investor demand for Class B/C and value-add assets in the Fox Valley corridor
If you own multifamily real estate in Aurora or the surrounding suburbs, these trends could impact your property value — or your timing if you’re considering a sale.
📥 Full breakdown and insights here:
👉 https://creconsult.net/aurora-multifamily-market-q4-2025/
📊 Want to know what your property is worth in today’s market?
I’m offering free, confidential market valuations for local owners.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | Chicago Suburban Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#AuroraMultifamily #CRE #ApartmentSales #SuburbanMultifamily #ChicagoCRE #MultifamilyInvesting #InvestmentRealEstate #CREBroker #ApartmentMarketUpdate #FoxValleyCRE #MultifamilyBroker
Rents are rising. Vacancy falling. Investment interest shifting west.
📍 Aurora’s multifamily market continues to show resilience—and opportunity—as investors eye suburban stability over urban volatility.
In this just-released Q4 2025 market update, I highlight:
📈 Rent growth outpacing inflation in key zip codes
🏘️ Tight vacancy rates amid slow new construction
💰 Renewed investor demand for Class B/C and value-add assets in the Fox Valley corridor
If you own multifamily real estate in Aurora or the surrounding suburbs, these trends could impact your property value — or your timing if you’re considering a sale.
📥 Full breakdown and insights here:
👉 https://creconsult.net/aurora-multifamily-market-q4-2025/
📊 Want to know what your property is worth in today’s market?
I’m offering free, confidential market valuations for local owners.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | Chicago Suburban Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#AuroraMultifamily #CRE #ApartmentSales #SuburbanMultifamily #ChicagoCRE #MultifamilyInvesting #InvestmentRealEstate #CREBroker #ApartmentMarketUpdate #FoxValleyCRE #MultifamilyBroker
Tuesday, October 28, 2025
Chicago Multifamily Investors: Good News on Rates 📉🏙️
Chicago multifamily mortgage rates eased again in October 2025, giving investors and property owners a stronger position heading into year-end.
Here’s what to know:
✅ Agency loans now at 4.78% (↓15 bps) – the most competitive capital in the market.
✅ Bank and CMBS rates dipped modestly, improving refinance feasibility.
✅ SBL programs remain stable, supporting small and mid-market investors in DuPage and suburban corridors.
With inflation cooling and Treasury yields steady, the lending environment is showing a positive outlook for multifamily owners planning to refinance, recapitalize, or expand portfolios.
📊 Read the full report here:
👉 https://creconsult.net/chicago-multifamily-mortgage-rates-october-2025/
If you’re considering a refinance, sale, or portfolio strategy review, let’s connect.
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
National Multifamily Division
Specializing in Chicago Area Apartment Sales
Phone: (630) 474-6441
Email: rtaylor@creconsult.net
Website: CREConsult.net
#ChicagoMultifamily #CommercialRealEstate #MultifamilyInvesting #MortgageRates #CREConsult #ApartmentInvesting #RealEstateFinance #AgencyLending #Refinance #CapitalMarkets
Chicago multifamily mortgage rates eased again in October 2025, giving investors and property owners a stronger position heading into year-end.
Here’s what to know:
✅ Agency loans now at 4.78% (↓15 bps) – the most competitive capital in the market.
✅ Bank and CMBS rates dipped modestly, improving refinance feasibility.
✅ SBL programs remain stable, supporting small and mid-market investors in DuPage and suburban corridors.
With inflation cooling and Treasury yields steady, the lending environment is showing a positive outlook for multifamily owners planning to refinance, recapitalize, or expand portfolios.
📊 Read the full report here:
👉 https://creconsult.net/chicago-multifamily-mortgage-rates-october-2025/
If you’re considering a refinance, sale, or portfolio strategy review, let’s connect.
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
National Multifamily Division
Specializing in Chicago Area Apartment Sales
Phone: (630) 474-6441
Email: rtaylor@creconsult.net
Website: CREConsult.net
#ChicagoMultifamily #CommercialRealEstate #MultifamilyInvesting #MortgageRates #CREConsult #ApartmentInvesting #RealEstateFinance #AgencyLending #Refinance #CapitalMarkets
📉 CHICAGO MULTIFAMILY: Q4 2025 UPDATE
Tight inventory. Rising rents. Suburban plays. Here's what Chicago multifamily owners need to know now.
💼 As an active multifamily investment broker specializing in the Chicago area, I’ve just published a quick but impactful Q4 2025 market update.
We’re seeing:
* Inventory remain tight, keeping upward pressure on values
* Rents continuing to grow, especially in Class B/C product
* Suburban assets gaining attention from private and institutional buyers
📊 If you own a multifamily property in the city or suburbs, this insight could help you better understand your position—whether you're holding or considering a sale.
📥 Full report + market insights:
👉 https://creconsult.net/chicago-multifamily-market-2025-q4-update/
🔎 Want a free property valuation or market position review?
Let’s talk confidentially.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | Chicago Market Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#Multifamily #ChicagoApartments #CRE #InvestmentRealEstate #ChicagoRealEstate #ApartmentSales #MultifamilyBroker #CREInsights #RealEstateInvesting #CREBroker #ChicagoMultifamily
Tight inventory. Rising rents. Suburban plays. Here's what Chicago multifamily owners need to know now.
💼 As an active multifamily investment broker specializing in the Chicago area, I’ve just published a quick but impactful Q4 2025 market update.
We’re seeing:
* Inventory remain tight, keeping upward pressure on values
* Rents continuing to grow, especially in Class B/C product
* Suburban assets gaining attention from private and institutional buyers
📊 If you own a multifamily property in the city or suburbs, this insight could help you better understand your position—whether you're holding or considering a sale.
📥 Full report + market insights:
👉 https://creconsult.net/chicago-multifamily-market-2025-q4-update/
🔎 Want a free property valuation or market position review?
Let’s talk confidentially.
📞 Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
📍 National Multifamily Division | Chicago Market Specialist
📱 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 CREConsult.net
IL License: 475.142701 | NASDAQ: EXPI
#Multifamily #ChicagoApartments #CRE #InvestmentRealEstate #ChicagoRealEstate #ApartmentSales #MultifamilyBroker #CREInsights #RealEstateInvesting #CREBroker #ChicagoMultifamily
Monday, October 27, 2025
North DuPage County Multifamily Market Q4 2025 | Stable Rents, Tight Vacancy & Limited Supply
North DuPage County Multifamily Market Q4 2025 | Stable Rents, Tight Vacancy & Limited Supply
The North DuPage County multifamily market Q4 2025 remains stable with 5.2% vacancy, 2.7% annual rent growth, and minimal new development. Owners and investors continue to benefit from balanced fundamentals and consistent renter demand supported by nearby employment centers and suburban amenities.
North DuPage County Multifamily Market Q4 2025 Overview
Key Metrics (Q4 2025)
Vacancy Rate: 5.2%
12-Month Rent Growth: 2.7%
Average Asking Rent: $1,812/month ($1.96/SF)
Units Under Construction: 138
12-Month Absorption: 168 units
12-Month Deliveries: 120 units
The North DuPage County multifamily market Q4 2025 shows a 40-basis-point improvement in vacancy from last year. Submarkets such as Lombard, Glendale Heights, and Addison continue to perform well as renters seek affordability compared to Naperville and Downers Grove.
Rent Growth and Vacancy | North DuPage County Multifamily Market Q4 2025
Vacancy: 5.2% (Metro: 3.4%)
Annual Rent Growth: 2.7%
Average Asking Rent: $1,812/month
By Property Class
4 & 5 Star: $2,035/month
3 Star: $1,790/month
1 & 2 Star: $1,450/month
Key Highlights
Class B assets maintain the lowest vacancy levels and strongest leasing activity.
Rent growth remains moderate but steady, aligning with the submarket’s long-term average.
Proximity to major job corridors supports ongoing absorption and stability.
The North DuPage County multifamily market Q4 2025 continues to attract renters seeking quality housing below central DuPage pricing while maintaining strong access to I-355 and I-290 employment centers.
Cap Rates and Investment Trends | North DuPage County Multifamily Market Q4 2025
12-Month Investment Summary
Total Sales Volume: $84 million
Total Units Sold: 480
Average Price/Unit: $175,000
Market Cap Rate: 6.3%
Recent Transactions
Windsor Place Apartments (192 units, Addison) – Sold for $35M ($182,292/unit)
Village Green Lombard (140 units) – Sold for $24.3M ($173,571/unit)
Glen Haven Apartments (84 units) – Sold for $13.6M ($161,904/unit)
Investor activity in the North DuPage County multifamily market Q4 2025 remains steady as buyers prioritize stabilized assets and dependable returns.
Development Pipeline | North DuPage County Multifamily Market Q4 2025
Under Construction: 138 units
Addison Grove Residences (Addison Rd) – 84 units, delivering mid-2026
Glen Oaks Apartments Expansion (Lombard) – 54 units, completing early 2026
Recent Deliveries:
York Center Flats – 92 units (Delivered Q3 2024)
Highland Station Lofts – 28 units (Delivered Q2 2024)
The North DuPage County multifamily market Q4 2025 maintains one of the smallest pipelines in DuPage County. New projects represent less than 1% of existing inventory, limiting supply risk and supporting rent stability through 2026.
2026 Outlook and Owner Strategy | North DuPage County Multifamily Market Q4 2025
Forecasts for 2026
Rent Growth: +2.5% – +3.0%
Vacancy: ≈5.0%
Cap Rates: 6.2% – 6.5%
Strategic Takeaways
Maintain occupancy above 95% through proactive renewals.
Target light value-add repositioning for rent gains.
Monitor pricing on small- to mid-cap trades as lending conditions ease.
Long-term fundamentals in the North DuPage County multifamily market Q4 2025 remain strong heading into 2026. Employment hubs in Lombard, Addison, and Glen Ellyn continue to attract renters priced out of downtown Chicago. Moderate rent growth and stable occupancy make this one of the most recession-resistant submarkets in the metro area.
Request the Full North DuPage County Market Report
Discuss Your Property’s Value
Contact Randolph Taylor, CCIM, a licensed Chicago multifamily broker, to review your property’s value, cap rate range, and sale timing.
Schedule a Call
References
CoStar Market Analytics – North DuPage County Multifamily Report
National Multifamily Housing Council (NMHC)
Chicago Multifamily Market Q4 2025 Update
Naperville Lisle Multifamily Market Q4 2025 Update
Aurora Multifamily Market Q4 2025 Update
CoStar
https://creconsult.net/north-dupage-county-multifamily-market-q4-2025/?fsp_sid=2016
Glen Ellyn West Chicago Multifamily Market Q4 2025 Update | Strong Performance & Investor Outlook
Glen Ellyn / West Chicago Corridor Multifamily Market Q4 2025 Update | Strong Performance & Investor Outlook
The Glen Ellyn West Chicago multifamily market Q4 2025 recorded another strong quarter with 4.2 % vacancy, 3.2 % rent growth, and steady investment activity. The corridor continues to perform as one of the most balanced suburban markets in DuPage County, supported by limited new supply and durable renter demand.
Glen Ellyn / West Chicago Multifamily Market Q4 2025 Overview
Key Metrics (Q4 2025)
Vacancy Rate: 4.2 %
12-Month Rent Growth: 3.2 %
Average Asking Rent: $1,575 / month ($1.80 / SF)
Units Under Construction: 334
12-Month Absorption: 290 units
12-Month Deliveries: 310 units
According to CoStar Analytics, the Glen Ellyn West Chicago multifamily market Q4 2025 shows consistent renter retention, with rents about $300 below the metro average ($1,880). Vacancy fell from 4.8 % to 4.2 % over the year, driven by moderate completions and strong absorption.
The corridor’s total inventory stands near 8,250 units, distributed as 15 % Class A, 38 % Class B, and 47 % Class C product. Workforce-focused housing remains the dominant performer, sustaining over 90 % tenant retention.
Rent Growth and Vacancy | Glen Ellyn West Chicago Multifamily Market Q4 2025
Vacancy: 4.2 %
Rent Growth: 3.2 % YoY
Average Effective Rent: $1,575 / month
Average Rents by Property Class
4 & 5 Star – $1,950 / month
3 Star – $1,620 / month
1 & 2 Star – $1,275 / month
Highlights
Vacancy remains below the 5-year average of 4.6 %.
Class B properties outperform, leading rent growth at +3.5 %.
The corridor provides strong value compared to higher-cost western suburbs.
The Glen Ellyn West Chicago multifamily market Q4 2025 combines affordability with location advantages along Roosevelt Road and Route 59, keeping demand steady across all asset classes.
Cap Rates and Investment Trends | Glen Ellyn West Chicago Multifamily Market Q4 2025
12-Month Investment Summary
Properties Sold: 5
Total Units: 575
Sales Volume: $121 million
Average Price per Unit: $210,000 (DuPage avg. $212,000)
Market Cap Rate: 5.8 % (metro 6.7 %)
Notable Transactions
Wheaton Oaks Apartments (144 units) – Sold for $31.5M ($218,750 / unit)
The Glen Ellyn Residences (98 units) – Sold for $20.2M ($206,000 / unit)
West Chicago Commons (85 units) – Sold for $17.6M ($207,000 / unit)
Investor Takeaways
The Glen Ellyn West Chicago multifamily market Q4 2025 continues to draw both private and institutional buyers targeting stabilized suburban assets. Value-add potential in 1980s–1990s stock remains attractive, with cap rates holding between 5.8 % and 6.0 %.
Development Pipeline | Glen Ellyn West Chicago Multifamily Market Q4 2025
Under Construction: 334 units
Roosevelt Station Apartments (220 units, Glen Ellyn) – Delivering mid-2026
Main Street Lofts (60 units, West Chicago) – Delivering early 2026
Fabyan Flats (54 units) – Small infill community
Recent Deliveries
The Enclave at St. Charles Road (102 units) – Delivered Q3 2024
Cedar Creek Apartments Expansion (84 units) – Delivered Q2 2024
The Glen Ellyn West Chicago multifamily market Q4 2025 construction pipeline equals roughly 4 % of total stock. This modest level of development keeps supply and demand balanced, with new units leasing quickly and vacancy projected to remain under 4.5 % through 2026.
2026 Outlook and Owner Strategy | Glen Ellyn West Chicago Multifamily Market Q4 2025
Forecasts for 2026
Rent Growth: +2.5 % – +3.0 %
Vacancy: ≈ 4.0 %
Cap Rates: 5.8 % – 6.0 %
Strategic Guidance
Focus on retention and amenity improvements to boost rent roll.
Expect steady investor interest in stabilized suburban communities.
Strong demand fundamentals make this submarket a consistent income performer.
The Glen Ellyn West Chicago multifamily market Q4 2025 remains positioned for continued strength through 2026, driven by job proximity, affordability, and steady population growth within DuPage County.
Request the Full Glen Ellyn / West Chicago Market Report
Discuss Your Property’s Value
Contact Randolph Taylor, CCIM, a licensed Chicago multifamily broker, to review your property’s value, cap rate range, and sale timing.
Schedule a Call
References
CoStar Market Analytics – Glen Ellyn / West Chicago Corridor Report
National Multifamily Housing Council (NMHC)
Chicago Multifamily Market Q4 2025 Update
https://creconsult.net/glen-ellyn-west-chicago-multifamily-market-q4-2025/?fsp_sid=2002
Naperville Lisle Multifamily Market Q4 2025 | Strong Rents, Balanced Growth & Investor Optimism
Naperville / Lisle Multifamily Market Q4 2025 Update | Strong Rents, Balanced Growth & Investor Optimism
The Naperville Lisle multifamily market Q4 2025 remains one of the most desirable suburban investment zones in DuPage County. This quarter reflects 5.6% vacancy, 3.4% rent growth, and sustained buyer confidence across institutional and private sectors.
Naperville / Lisle Multifamily Market Q4 2025 Overview
Key Metrics (Q4 2025)
Vacancy Rate: 5.6%
12-Month Rent Growth: 3.4%
Average Asking Rent: $1,947 / month ($2.14 / SF)
Units Under Construction: 46
12-Month Absorption: 250 units
12-Month Deliveries: 323 units
The Naperville Lisle multifamily market Q4 2025 recorded steady improvement over last year, supported by low turnover and a limited construction pipeline. With over 12,000 total units, vacancy edged down slightly as renter demand outpaced completions.
Rent Growth and Vacancy | Naperville Lisle Multifamily Market Q4 2025
Vacancy: 5.6% (Metro 3.4%)
Rent Growth: 3.4% YoY
Average Asking Rent: $1,947 / month
Rents by Property Class:
4 & 5 Star: $2,132 / month (7.6% vacancy)
3 Star: $1,889 / month (5.0% vacancy)
1 & 2 Star: $1,635 / month (2.2% vacancy)
Key Highlights:
Rent growth above the 10-year metro average (2.9%).
Class B assets achieve near full occupancy.
Submarket rents remain 3–5% below the Chicago average, supporting retention.
The Naperville Lisle multifamily market Q4 2025 benefits from high-income tenants and minimal supply pressure.
Cap Rates and Investment Activity | Naperville Lisle Multifamily Market Q4 2025
12-Month Sales Summary:
Total Volume: $515 million
Properties Sold: 12
Avg. Price per Unit: $216,000
Cap Rate Range: 5.8% – 6.2%
Recent Notable Sales:
Fifteen98 Naperville – 640 units | $136M ($212,500 / unit)
Fox Valley Villages – 420 units | $93.2M ($221,904 / unit)
Hawthorn at Oakhurst – 320 units | $72.3M ($225,781 / unit)
Investor sentiment in the Naperville Lisle multifamily market Q4 2025 remains positive, with stable yields and institutional participation dominating sales activity.
Development Pipeline | Naperville Lisle Multifamily Market Q4 2025
Under Construction: 46 units
Forest Meadows Apartments (25W462 75th St) – 38 units, completion 2026
Western Avenue Apartments (4529 Western Ave) – 8 units, completion late 2025
Recent Deliveries:
Lucca Fox Valley (3955 Fox Valley Center Dr) – 323 units (Delivered Q1 2025)
Douglas Avenue Apartments (118 Douglas Ave) – 8 units (Delivered Q2 2024)
The Naperville Lisle multifamily market Q4 2025 is constrained by zoning and land costs. Construction totals less than 0.5% of existing stock, preventing oversupply and sustaining pricing leverage for owners.
2026 Outlook and Owner Strategy | Naperville Lisle Multifamily Market Q4 2025
Forecasts for 2026
Rent Growth: +2.5% – +3.0%
Vacancy: ≈5.0%
Cap Rates: 5.8% – 6.0%
Strategic Takeaways
Maintain occupancy through proactive renewals.
Focus on light renovations to capture rent premiums.
Expect stable NOI growth as suburban demand persists.
The Naperville Lisle multifamily market Q4 2025 is expected to remain a strong performer through 2026 due to limited new supply and durable renter demand.
Request the Full Naperville / Lisle Market Report
Discuss Your Property’s Value
Contact Randolph Taylor, CCIM, a licensed Chicago multifamily broker, to review your property’s value, cap rate range, and sale timing.
Schedule a Call
References
CoStar Market Analytics – Naperville / Lisle Multifamily Report
National Multifamily Housing Council (NMHC)
Chicago Multifamily Market Q4 2025 Update
Aurora Multifamily Market Q4 2025 Update
CoStar
https://creconsult.net/naperville-lisle-multifamily-market-q4-2025/?fsp_sid=1988
Monday, October 20, 2025
100% Leased Chicago Retail Investment
📍 3217–3229 W Montrose Ave | Albany Park, Chicago
💰 Offered at $995,000
Excited to bring this fully leased ±4,000 SF retail condo to market in one of Chicago’s most vibrant neighborhoods. Located along high-traffic Montrose Avenue with over 21,000 VPD, this property offers:
✅ 6 storefronts with service, food, and professional tenants
✅ 100% occupancy
✅ Flexible lease terms for upside potential
✅ Current rents avg. $20/SF, while market rents are \~$28/SF MG
✅ Pro forma cap rate: 8.37%
📈 Low submarket vacancy (3.1%) and strong tenant demand make this a prime opportunity to secure stabilized income with immediate rent growth potential.
🔗 Full details, photos, and financials:
👉 https://creconsult.net/chicago-retail-investment-property
Reach out with questions or to request the offering memorandum.
—
Randolph Taylor, CCIM
Vice President | eXp Commercial
📞 630.474.6441
📧 rtaylor\@creconsult.net
\#ChicagoRealEstate \#RetailInvestment \#CommercialBroker \#AlbanyPark \#PassiveIncome \#CRE \#RetailForSale \#eXpCommercial
📍 3217–3229 W Montrose Ave | Albany Park, Chicago
💰 Offered at $995,000
Excited to bring this fully leased ±4,000 SF retail condo to market in one of Chicago’s most vibrant neighborhoods. Located along high-traffic Montrose Avenue with over 21,000 VPD, this property offers:
✅ 6 storefronts with service, food, and professional tenants
✅ 100% occupancy
✅ Flexible lease terms for upside potential
✅ Current rents avg. $20/SF, while market rents are \~$28/SF MG
✅ Pro forma cap rate: 8.37%
📈 Low submarket vacancy (3.1%) and strong tenant demand make this a prime opportunity to secure stabilized income with immediate rent growth potential.
🔗 Full details, photos, and financials:
👉 https://creconsult.net/chicago-retail-investment-property
Reach out with questions or to request the offering memorandum.
—
Randolph Taylor, CCIM
Vice President | eXp Commercial
📞 630.474.6441
📧 rtaylor\@creconsult.net
\#ChicagoRealEstate \#RetailInvestment \#CommercialBroker \#AlbanyPark \#PassiveIncome \#CRE \#RetailForSale \#eXpCommercial
Wednesday, October 8, 2025
Call for Offers Due: Monday, October 13th
9250 S Kedzie Ave | Evergreen Park, IL
Offered at $515,000 | Fully Occupied Mixed-Use
Rare opportunity to acquire a stabilized, cash-flowing mixed-use asset in Evergreen Park. This 3-story brick building features four spacious 1-bedroom apartments (leased below market) and two street-front retail bays with long-term tenants.
Additional revenue from garage rental, storage, on-site laundry, and off-street parking creates diversified income streams. Excellent visibility on Kedzie Avenue with a CTA bus stop at the front door — direct connection to the Orange Line and downtown.
Current Cap Rate: 7.26%
Proforma Cap Rate: 10.92%
View Listing: https://creconsult.net/9250-s-kedzie-mixed-use-evergreen-park/
Offers due by Monday, October 13. Contact us for OM and showings.
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales
eXp Commercial – Chicago
(630) 474-6441 | rtaylor@creconsult.net
#CallForOffers #Multifamily #MixedUse #CRE #EvergreenPark #ChicagoRealEstate #InvestmentOpportunity
9250 S Kedzie Ave | Evergreen Park, IL
Offered at $515,000 | Fully Occupied Mixed-Use
Rare opportunity to acquire a stabilized, cash-flowing mixed-use asset in Evergreen Park. This 3-story brick building features four spacious 1-bedroom apartments (leased below market) and two street-front retail bays with long-term tenants.
Additional revenue from garage rental, storage, on-site laundry, and off-street parking creates diversified income streams. Excellent visibility on Kedzie Avenue with a CTA bus stop at the front door — direct connection to the Orange Line and downtown.
Current Cap Rate: 7.26%
Proforma Cap Rate: 10.92%
View Listing: https://creconsult.net/9250-s-kedzie-mixed-use-evergreen-park/
Offers due by Monday, October 13. Contact us for OM and showings.
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales
eXp Commercial – Chicago
(630) 474-6441 | rtaylor@creconsult.net
#CallForOffers #Multifamily #MixedUse #CRE #EvergreenPark #ChicagoRealEstate #InvestmentOpportunity
Multifamily Property Sale Lyons IL: eXp Closes $1.45M Deal
Randolph Taylor, CCIM – Brokered $1.45 Million Transaction at 4337 Prescott Avenue in Lyons, Illinois
Chicago - October 8, 2025 – eXp Commercial announced the successful sale of a 12-unit multifamily property at 4337 Prescott Avenue in Lyons, Illinois, for $1,450,000. The transaction was brokered by Randolph Taylor, CCIM, Vice President and Multifamily Investment Sales Broker with eXp Commercial’s Chicago office.
The fully occupied 13,005-square-foot building includes three one-bedroom and nine two-bedroom units, featuring recent upgrades such as a new heating system, HD security cameras, and modernized bathrooms.
“Investor demand for stabilized suburban multifamily assets remains strong, particularly in communities like Lyons that offer solid cash flow and long-term upside,” said Randolph Taylor, CCIM.
The buyer, a private investor expanding from Chicago into the western suburbs, completed the acquisition as an all-cash purchase.
This sale highlights sustained confidence in the west-suburban Cook County multifamily market, where limited new construction and steady rental demand continue to support strong returns for investors.
About eXp Commercial
eXp Commercial is a commercial real estate brokerage firm specializing in the listing and sale of multifamily properties in the Chicago metropolitan area. The firm offers comprehensive services, including property valuations, targeted marketing strategies, and access to a broad network of qualified buyers to help property owners maximize investment value.
About Randolph Taylor, CCIM
Randolph Taylor is a Vice President and Multifamily Investment Sales Broker with eXp Commercial’s Chicago office. With more than 25 years of experience in commercial real estate investment sales, he specializes in helping multifamily property owners achieve optimal sale outcomes through data-driven strategies and expert market positioning.
For more information, visit www.CREConsult.net
https://creconsult.net/multifamily-property-sale-lyons-il/?fsp_sid=1472
Wednesday, October 1, 2025
🏢 Two Adjacent Turnkey Office Buildings For Sale – Joliet, IL 🏢
Located just off Larkin Ave and adjacent to Ascension St. Joseph Medical Center, these two well-maintained office buildings offer flexible layouts, optional furnishings, and strong owner-user or investment potential.
📍 2435 & 2439 Glenwood Ave | Joliet, IL
🔹 2435 Glenwood: ±10,311 SF | $1,295,000
🔹 2439 Glenwood: ±9,410 SF | $1,100,000
🔹 Total: ±19,721 SF | Offered Individually or Together
🔹 Delivered Vacant | Elevator Access in 2435
🔹 Recently Renovated | Fully Furnished Option
🔹 Ideal for Medical, Office, or Professional Use
📂 View Full Listings & OMs:
➡️ 2435 Glenwood: https://creconsult.net/office-building-for-sale-joliet
➡️ 2439 Glenwood: https://creconsult.net/2439-glenwood-office-sale-joliet
—
Listed exclusively by:
Randolph Taylor, CCIM
Vice President | Broker – eXp Commercial
📧 rtaylor@creconsult.net
📱 (630) 474-6441
🌐 https://creconsult.net
—
#OfficeForSale #JolietIL #CommercialRealEstate #TurnkeyOffice #CRE #MedicalOffice #OwnerUserOpportunity #ProfessionalOffice #OfficeBuildings #CREBroker #RandolphTaylor
Located just off Larkin Ave and adjacent to Ascension St. Joseph Medical Center, these two well-maintained office buildings offer flexible layouts, optional furnishings, and strong owner-user or investment potential.
📍 2435 & 2439 Glenwood Ave | Joliet, IL
🔹 2435 Glenwood: ±10,311 SF | $1,295,000
🔹 2439 Glenwood: ±9,410 SF | $1,100,000
🔹 Total: ±19,721 SF | Offered Individually or Together
🔹 Delivered Vacant | Elevator Access in 2435
🔹 Recently Renovated | Fully Furnished Option
🔹 Ideal for Medical, Office, or Professional Use
📂 View Full Listings & OMs:
➡️ 2435 Glenwood: https://creconsult.net/office-building-for-sale-joliet
➡️ 2439 Glenwood: https://creconsult.net/2439-glenwood-office-sale-joliet
—
Listed exclusively by:
Randolph Taylor, CCIM
Vice President | Broker – eXp Commercial
📧 rtaylor@creconsult.net
📱 (630) 474-6441
🌐 https://creconsult.net
—
#OfficeForSale #JolietIL #CommercialRealEstate #TurnkeyOffice #CRE #MedicalOffice #OwnerUserOpportunity #ProfessionalOffice #OfficeBuildings #CREBroker #RandolphTaylor
Tuesday, September 30, 2025
Thinking about selling your multifamily property?
The process is complex—but with the right strategy, you can maximize value, attract multiple offers, and close smoothly.
In my latest video, I break down the proven step-by-step process I use at eXp Commercial to help multifamily owners achieve the best results:
🔑 Building long-term trust and relationships
📊 Market analysis and strategic positioning
📣 Targeted marketing and exposure
💼 Creating a competitive bidding environment
✅ Navigating negotiation and closing
▶️ Watch here: https://youtu.be/Om4rNfJw3ak
📖 Read the full guide: https://creconsult.net/selling-multifamily-property-guide-with-exp-commercial/
If you own a multifamily property in the Chicago metro area and are considering a sale, now is the time to evaluate your options. Let’s discuss how my process can help you maximize your property’s value.
Randolph Taylor, CCIM
Vice President | Multifamily Broker
eXp Commercial - Chicago
📞 630-474-6441
✉️ rtaylor@creconsult.net
💻 Schedule a Call: https://meetings-na2.hubspot.com/meetings/randolph
#MultifamilyBroker #ChicagoRealEstate #ApartmentSales #CommercialRealEstate #CREInvesting #MultifamilyInvesting #RealEstateSales #CREBroker #SellYourProperty #eXpCommercial
The process is complex—but with the right strategy, you can maximize value, attract multiple offers, and close smoothly.
In my latest video, I break down the proven step-by-step process I use at eXp Commercial to help multifamily owners achieve the best results:
🔑 Building long-term trust and relationships
📊 Market analysis and strategic positioning
📣 Targeted marketing and exposure
💼 Creating a competitive bidding environment
✅ Navigating negotiation and closing
▶️ Watch here: https://youtu.be/Om4rNfJw3ak
📖 Read the full guide: https://creconsult.net/selling-multifamily-property-guide-with-exp-commercial/
If you own a multifamily property in the Chicago metro area and are considering a sale, now is the time to evaluate your options. Let’s discuss how my process can help you maximize your property’s value.
Randolph Taylor, CCIM
Vice President | Multifamily Broker
eXp Commercial - Chicago
📞 630-474-6441
✉️ rtaylor@creconsult.net
💻 Schedule a Call: https://meetings-na2.hubspot.com/meetings/randolph
#MultifamilyBroker #ChicagoRealEstate #ApartmentSales #CommercialRealEstate #CREInvesting #MultifamilyInvesting #RealEstateSales #CREBroker #SellYourProperty #eXpCommercial
Thursday, September 25, 2025
🚨 New Listing – Evergreen Park Mixed-Use Investment
📍 9250 S Kedzie Ave | Evergreen Park, IL
💰 Price: $515,000 | Cap Rate: 7.26% (Proforma 10.92%)
🏢 4,854 SF | 4 Apartments + 2 Retail Bays
This fully leased 3-story brick & Flexicore mixed-use property offers diversified income streams with clear upside:
4 spacious 1BR apartments leased below market rents
2 stable retail tenants with storefront exposure on Kedzie Ave
Additional revenue from garage, storage, parking & laundry
Transit access at the front door (CTA Route 52A to Orange Line)
👉 Rare opportunity to acquire a stabilized, income-producing property with rental upside in a strong
Evergreen Park location.
🔗 View Full Listing & Details:
https://creconsult.net/9250-s-kedzie-mixed-use-evergreen-park/
—
Randolph Taylor, CCIM
Vice President, Multifamily Investment Sales Broker
eXp Commercial – Chicago
📞 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 https://creconsult.net
📍 9250 S Kedzie Ave | Evergreen Park, IL
💰 Price: $515,000 | Cap Rate: 7.26% (Proforma 10.92%)
🏢 4,854 SF | 4 Apartments + 2 Retail Bays
This fully leased 3-story brick & Flexicore mixed-use property offers diversified income streams with clear upside:
4 spacious 1BR apartments leased below market rents
2 stable retail tenants with storefront exposure on Kedzie Ave
Additional revenue from garage, storage, parking & laundry
Transit access at the front door (CTA Route 52A to Orange Line)
👉 Rare opportunity to acquire a stabilized, income-producing property with rental upside in a strong
Evergreen Park location.
🔗 View Full Listing & Details:
https://creconsult.net/9250-s-kedzie-mixed-use-evergreen-park/
—
Randolph Taylor, CCIM
Vice President, Multifamily Investment Sales Broker
eXp Commercial – Chicago
📞 (630) 474-6441
✉️ rtaylor@creconsult.net
🌐 https://creconsult.net
Tuesday, September 23, 2025
📢 CALL FOR OFFERS: September 25, 2025
💼 12-Unit Multifamily | 7821 43rd Street, Lyons, IL
Offered at $1,580,000 | 7.23% Cap Rate
Fully occupied with consistent income and upside
Recent upgrades: New roof, newer heating system, new hot water tank, sewer, common areas, select unit updates
On-site laundry with owned W/D and on-site parking
Prime Lyons location near retail, dining & transit
📝 View full details and financials:
👉 https://creconsult.net/chicago-multifamily-listings/multifamily-property-lyons-il/
📞 Contact: Randolph Taylor, CCIM Vice President | Multifamily Investment Sales Broker
eXp Commercial – Chicago
📧 rtaylor@creconsult.net 📱 (630) 474-6441
📆 Schedule a Call https://meetings-na2.hubspot.com/meetings/randolph
#MultifamilyInvesting #ApartmentSales #CommercialRealEstate #ChicagoCRE #LyonsIL #InvestmentProperties #CREBrokerage #eXpCommercial
💼 12-Unit Multifamily | 7821 43rd Street, Lyons, IL
Offered at $1,580,000 | 7.23% Cap Rate
Fully occupied with consistent income and upside
Recent upgrades: New roof, newer heating system, new hot water tank, sewer, common areas, select unit updates
On-site laundry with owned W/D and on-site parking
Prime Lyons location near retail, dining & transit
📝 View full details and financials:
👉 https://creconsult.net/chicago-multifamily-listings/multifamily-property-lyons-il/
📞 Contact: Randolph Taylor, CCIM Vice President | Multifamily Investment Sales Broker
eXp Commercial – Chicago
📧 rtaylor@creconsult.net 📱 (630) 474-6441
📆 Schedule a Call https://meetings-na2.hubspot.com/meetings/randolph
#MultifamilyInvesting #ApartmentSales #CommercialRealEstate #ChicagoCRE #LyonsIL #InvestmentProperties #CREBrokerage #eXpCommercial
Friday, September 19, 2025
📢 CALL FOR OFFERS: September 25, 2025
💼 12-Unit Multifamily | 7821 43rd Street, Lyons, IL 60534
💲 Offered at $1,580,000 | 7.23% Cap Rate
Fully occupied with consistent income and upside
Recent upgrades: New roof, newer heating system, new hot water tank, sewer, common areas, select unit updates
On-site laundry with owned W/D and on-site parking
Prime Lyons location near retail, dining & transit
📝 View full details and financials:
👉 https://creconsult.net/chicago-multifamily-listings/multifamily-property-lyons-il/
Contact: Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
eXp Commercial – Chicago
📧 rtaylor@creconsult.net 📱 (630) 474-6441
📆 Schedule a Call https://meetings-na2.hubspot.com/meetings/randolph
#MultifamilyInvesting #ApartmentSales #CommercialRealEstate #ChicagoCRE #LyonsIL #InvestmentProperties #CREBrokerage #eXpCommercial
💼 12-Unit Multifamily | 7821 43rd Street, Lyons, IL 60534
💲 Offered at $1,580,000 | 7.23% Cap Rate
Fully occupied with consistent income and upside
Recent upgrades: New roof, newer heating system, new hot water tank, sewer, common areas, select unit updates
On-site laundry with owned W/D and on-site parking
Prime Lyons location near retail, dining & transit
📝 View full details and financials:
👉 https://creconsult.net/chicago-multifamily-listings/multifamily-property-lyons-il/
Contact: Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
eXp Commercial – Chicago
📧 rtaylor@creconsult.net 📱 (630) 474-6441
📆 Schedule a Call https://meetings-na2.hubspot.com/meetings/randolph
#MultifamilyInvesting #ApartmentSales #CommercialRealEstate #ChicagoCRE #LyonsIL #InvestmentProperties #CREBrokerage #eXpCommercial
Wednesday, September 10, 2025
Chicago Apartment Market 2025: Low Supply, High Demand
Chicago apartment market 2025 is one of the most competitive rental environments in the country. Anyone who’s ever tried to find a two-bedroom near the L knows supply and demand isn’t just theory—it’s real life in Chicago. Years ago, a friend nearly lost an apartment over a coin toss with another renter. Now, with the city adding only 4,200 new units—half the usual number—the rental scene is entering uncharted territory. Is this a crisis or a ‘golden age’? Let’s explore what’s ahead.
Chicago Apartment Market 2025: Supply Shrinks, Demand Surges
The Chicago apartment market 2025 faces an unprecedented drop in new units. According to Marcus & Millichap, only 4,200 new apartments are expected this year—a 50% decline from the decade average. As a result, renters, developers, and investors are being forced to adapt.
Submarket Impacts and Vacancy Pressures
For example, the Loop, Fulton Market, and West Loop will see fewer than 450 completions—down from over 2,100 in 2024. Meanwhile, areas like Aurora and the Near North Side will receive less than 330 units, compared to 600+ the year before. At the same time, Chicago gained over 100,000 residents in two years, sending vacancy rates down to 4.7%–4.9%—far below national averages.
- 2025 new apartment units: 4,200 (down 50%)
- Loop/Fulton/West Loop: <450 units (vs. 2,100+ in 2024)
- Aurora/Near North: <330 units (vs. 600+ in 2024)
This sharp supply drop is driving rents higher and creating a power shift toward landlords and property owners. As a result, every available unit becomes more valuable, and competition among renters intensifies.
Investor Opportunities Amid Construction Slowdown
Despite the uncertainty, smart investors are finding room to move. In fact, Marcus & Millichap reports that transaction volume rose 20% year-over-year. Additionally, banks like KeyBank are beginning to free up more capital for acquisitions and refinancing. However, construction loans are still tight, pushing attention toward existing assets.
Where Investors Are Shifting Focus
Cap rates are stabilizing around 6%. Because of this, investors can evaluate value-add and workforce housing with more clarity. Furthermore, new strategies such as office-to-residential conversions are gaining traction. With limited competition from new development, now may be the time to act boldly.
- Transactions: Up 20% year-over-year
- Cap rates: Near 6%
- Lending: Easier for acquisitions/refi, harder for new builds
- Trends: Office conversions, workforce housing
Overall, the Chicago apartment market 2025 presents rare windows of opportunity—for those ready to move fast.
Rent Growth Accelerates as Choices Shrink
According to Marcus & Millichap, Chicago’s average rent is expected to reach $2,160/month—outpacing all other U.S. metros. Shrinking supply and ongoing demand are key drivers. Consequently, renters are facing higher costs, while operators are reaping strong returns.
Class A Leads, But B and C Also Benefit
- Class A: 4.8%–6.8% annual rent growth
- Class B/C: Strong growth, especially when renovated
Moreover, operators using lean staffing and automation are staying ahead by managing expenses more efficiently. In this climate, even older buildings are seeing value spikes as renters seek alternatives.
Technology, Tariffs, and the Future of Building
New construction has slowed sharply. Apartment starts are down 74% from 2021 levels. However, developers are adapting. Modular building and robotics are helping cut costs and timelines. While still early, these innovations are becoming crucial survival tools.
Tariffs have raised material prices. Even so, some subcontractors are absorbing the extra costs to keep projects alive. As a result, Chicago's development pipeline hasn’t stalled completely—but it remains fragile.
Looking ahead, the city’s next wave of apartment development may rely on automation as much as concrete. Those who embrace new methods today will likely lead tomorrow.
TL;DR: The Chicago apartment market 2025 is defined by tight supply, rising demand, and strong rent growth. Investors and operators who act strategically will thrive amid uncertainty.
https://creconsult.net/chicago-multifamily-market-2025/?fsp_sid=1322
Wednesday, August 20, 2025
🚨 New Listing – Fully Equipped Culinary Kitchen for Lease
📍 Plainfield, IL | 2,859 SF | $24.00/SF NNN
Now available: a turnkey culinary kitchen space featuring over $450,000 in premium improvements, including commercial ovens, hood/ventilation, quartz countertops, 3-bay sink, and more. Ideal for:
✔️ Ghost kitchens
✔️ Commissary operations
✔️ Catering businesses
✔️ Culinary education programs
Located just off Route 59, this space benefits from high visibility, strong demographics, and synergy from neighboring tenants like Goldfish Swim School.
🔗 Full listing + photos:
https://creconsult.net/12315-rhea-drive-culinary-kitchen-lease-plainfield-il/
📞 Contact:
Randolph Taylor, CCIM
Vice President | eXp Commercial – Chicago
📧 rtaylor@creconsult.net
📱 (630) 474-6441
🔗 www.CREConsult.net
#culinarykitchen #commercialrealestate #ghostkitchen #PlainfieldIL #retailspace #commissarykitchen #CRE #expcommercial #forlease #chicagorealestate
📍 Plainfield, IL | 2,859 SF | $24.00/SF NNN
Now available: a turnkey culinary kitchen space featuring over $450,000 in premium improvements, including commercial ovens, hood/ventilation, quartz countertops, 3-bay sink, and more. Ideal for:
✔️ Ghost kitchens
✔️ Commissary operations
✔️ Catering businesses
✔️ Culinary education programs
Located just off Route 59, this space benefits from high visibility, strong demographics, and synergy from neighboring tenants like Goldfish Swim School.
🔗 Full listing + photos:
https://creconsult.net/12315-rhea-drive-culinary-kitchen-lease-plainfield-il/
📞 Contact:
Randolph Taylor, CCIM
Vice President | eXp Commercial – Chicago
📧 rtaylor@creconsult.net
📱 (630) 474-6441
🔗 www.CREConsult.net
#culinarykitchen #commercialrealestate #ghostkitchen #PlainfieldIL #retailspace #commissarykitchen #CRE #expcommercial #forlease #chicagorealestate
Thursday, August 7, 2025
Chicago Ridge Multifamily – Updated Financials
Fully leased 18‑unit multifamily building in Chicago Ridge, IL with updated financials and recent renovations. Strong in‑place cash flow with realistic rent growth upside and minimal near‑term capital needs make this an attractive value‑add or 1031 exchange opportunity.
Property Highlights:
Price: $2,450,000 • 18 Units (10 Two‑Bedroom / 8 One‑Bedroom)
Cap Rates: 7.56% Current • 8.88% Pro Forma
Occupancy: 100% • Renovation Year: 2024
Location: Near I‑294, Metra, and Chicago Ridge Mall
🔗 View Offering Memorandum:
https://creconsult.net/chicago-multifamily-listings/chicago-ridge-il-multifamily-property-for-sale/
📞 Contact Me:
Randolph Taylor, CCIM • Vice President | Multifamily Broker
eXp Commercial – Chicago
Phone: (630) 474‑6441 • Email: rtaylor@creconsult.net
Hashtags:
#Multifamily #CommercialRealEstate #CRE #1031Exchange #ChicagoSuburbs #RealEstateInvesting #ValueAdd
Fully leased 18‑unit multifamily building in Chicago Ridge, IL with updated financials and recent renovations. Strong in‑place cash flow with realistic rent growth upside and minimal near‑term capital needs make this an attractive value‑add or 1031 exchange opportunity.
Property Highlights:
Price: $2,450,000 • 18 Units (10 Two‑Bedroom / 8 One‑Bedroom)
Cap Rates: 7.56% Current • 8.88% Pro Forma
Occupancy: 100% • Renovation Year: 2024
Location: Near I‑294, Metra, and Chicago Ridge Mall
🔗 View Offering Memorandum:
https://creconsult.net/chicago-multifamily-listings/chicago-ridge-il-multifamily-property-for-sale/
📞 Contact Me:
Randolph Taylor, CCIM • Vice President | Multifamily Broker
eXp Commercial – Chicago
Phone: (630) 474‑6441 • Email: rtaylor@creconsult.net
Hashtags:
#Multifamily #CommercialRealEstate #CRE #1031Exchange #ChicagoSuburbs #RealEstateInvesting #ValueAdd
Wednesday, August 6, 2025
Chicago Suburban Multifamily Portfolio – Updated Financials
Two fully leased 12‑unit buildings in Lyons, IL offered as a 24‑unit portfolio. Renovated in 2024/2025 and delivering reliable stabilized cash flow with realistic rent growth upside—minimal near‑term capital needs make this a compelling value‑add or 1031 exchange opportunity.
Portfolio Highlights:
Price: $3,100,000 • 24 Units (17 Two‑Bedroom / 7 One‑Bedroom)
Cap Rates: 7.06% Current • 8.8% Pro Forma
Occupancy: 100% • Renovations 2024-25
Location: Prime west suburban area near Ogden Ave, I‑55, and Brookfield Zoo
🔗 View Offering Memorandums:
• Prescott Ave – https://creconsult.net/chicago-multifamily-listings/lyons-il-multifamily-portfolio-for-sale/
• 43rd St – https://creconsult.net/chicago-multifamily-listings/multifamily-property-lyons-il/
📞 Contact Me:
Randolph Taylor, CCIM • Vice President | Multifamily Broker
eXp Commercial – Chicago
Phone: (630) 474‑6441 • Email: rtaylor@creconsult.net
Hashtags:
#Multifamily #CommercialRealEstate #CRE #1031Exchange #ChicagoSuburbs #RealEstateInvesting #ValueAdd
Two fully leased 12‑unit buildings in Lyons, IL offered as a 24‑unit portfolio. Renovated in 2024/2025 and delivering reliable stabilized cash flow with realistic rent growth upside—minimal near‑term capital needs make this a compelling value‑add or 1031 exchange opportunity.
Portfolio Highlights:
Price: $3,100,000 • 24 Units (17 Two‑Bedroom / 7 One‑Bedroom)
Cap Rates: 7.06% Current • 8.8% Pro Forma
Occupancy: 100% • Renovations 2024-25
Location: Prime west suburban area near Ogden Ave, I‑55, and Brookfield Zoo
🔗 View Offering Memorandums:
• Prescott Ave – https://creconsult.net/chicago-multifamily-listings/lyons-il-multifamily-portfolio-for-sale/
• 43rd St – https://creconsult.net/chicago-multifamily-listings/multifamily-property-lyons-il/
📞 Contact Me:
Randolph Taylor, CCIM • Vice President | Multifamily Broker
eXp Commercial – Chicago
Phone: (630) 474‑6441 • Email: rtaylor@creconsult.net
Hashtags:
#Multifamily #CommercialRealEstate #CRE #1031Exchange #ChicagoSuburbs #RealEstateInvesting #ValueAdd
Thursday, July 24, 2025
JUST SOLD | Bartlett, IL
Pleased to represent the seller in the successful sale of a professional property in Bartlett. Closed “as-is,” all cash, in just 90 days — another satisfied client in the western suburbs.
If you’re considering selling your multifamily or commercial property, let’s talk about strategies to achieve your best outcome:
Contact us: https://creconsult.net/contact-us/
Schedule a meeting: https://meetings-na2.hubspot.com/meetings/randolph
Randolph Taylor, CCIM
Vice President | Commercial Real Estate Broker
eXp Commercial – Chicago
📧 rtaylor@creconsult.net | 📞 (630) 474-6441
#CommercialRealEstate #ClosedDeal #ChicagoSuburbs #eXpCommercial #BartlettIL
Pleased to represent the seller in the successful sale of a professional property in Bartlett. Closed “as-is,” all cash, in just 90 days — another satisfied client in the western suburbs.
If you’re considering selling your multifamily or commercial property, let’s talk about strategies to achieve your best outcome:
Contact us: https://creconsult.net/contact-us/
Schedule a meeting: https://meetings-na2.hubspot.com/meetings/randolph
Randolph Taylor, CCIM
Vice President | Commercial Real Estate Broker
eXp Commercial – Chicago
📧 rtaylor@creconsult.net | 📞 (630) 474-6441
#CommercialRealEstate #ClosedDeal #ChicagoSuburbs #eXpCommercial #BartlettIL
Tuesday, July 22, 2025
Chicago Rent Growth Surges in 2025, Ranks #2 in U.S. Market
Chicago Rent Growth Surges in 2025, Ranks #2 in U.S. Market
Chicago rent growth is surging in 2025, positioning the city as the second-strongest apartment market in the U.S., according to new data from CoStar Analytics. While San Francisco leads with a 5.0% annual increase, Chicago follows closely at 3.8%, driven by strong demand and limited new supply.
Nationwide, the U.S. multifamily sector is stabilizing after several years of volatility. Net absorption hit 268,000 units in the first half of the year—the third-highest ever recorded for that period. Meanwhile, new completions dropped by 25% year-over-year, helping ease the elevated national vacancy rate to 8.1%.
Chicago Outperforms as Sun Belt Struggles
Chicago rent growth stands out amid a national backdrop of modest rent gains. The CoStar report notes that asking rents nationwide rose just 0.9% year-over-year. In contrast, oversupplied Sun Belt markets like Austin (-4.3%), Denver (-3.2%), and Phoenix (-2.6%) saw steep declines.
Asset Class Trends: Affordability Wins
Affordable units (1–2 star) led rent growth at 1.7%, while luxury units (4–5 star) gained only 0.5%. Mid-tier (3-star) apartments aligned with the national average at 1%. These trends reflect growing demand for affordability, particularly in high-cost cities.
2025 Outlook for Multifamily Markets
Completions are projected to drop to 492,000 units by year-end. With sustained renter demand, the national vacancy rate may dip below 8%, and annual rent growth is forecast to rise to 1.8%. Chicago and other low-supply metros in the Midwest and Northeast are best positioned to outperform.
For more insights on multifamily trends, visit our Market Research section.
https://creconsult.net/chicago-rent-growth-2025-costar/?fsp_sid=1220
Monday, July 21, 2025
🏢 FOR SALE: 42-Unit Suburban Chicago Multifamily Portfolio | $5.55M
Fully stabilized apartment portfolio across three well-maintained assets in Lyons & Chicago Ridge, IL — 100% occupied with strong in-place income and significant upside through rental increases.
🔹 42 Units Across 3 Stabilized Properties
🔹 Blended Current Cap Rate: 6.88% | Pro Forma: 8.50%+
🔹 Turnkey Management & Strong Tenancy
🔹 Recent Renovations With Value-Add Potential
🔹 Ideal for 1031 Exchange or Portfolio Expansion
📍 Portfolio Includes:
12 Units – 4337 Prescott Ave, Lyons, IL
🔗 https://creconsult.net/chicago-multifamily-listings/lyons-il-multifamily-portfolio-for-sale/
12 Units – 7821 43rd St, Lyons, IL
🔗 https://creconsult.net/chicago-multifamily-listings/multifamily-property-lyons-il/
18 Units – 9826 Sayre Ave, Chicago Ridge, IL
🔗 https://creconsult.net/chicago-multifamily-listings/chicago-ridge-il-multifamily-property-for-sale/
💼 Offered individually or together as a portfolio — a rare opportunity to acquire stabilized, income-generating suburban multifamily assets in strong rental submarkets.
📩 Contact:
Randolph Taylor, CCIM
📧 rtaylor@creconsult.net
📞 (630) 474-6441
Dave Snehal, CCIM
📧 dave.snehal@expcommercial.com
📞 (773) 230-8055
#multifamily #chicagorealestate #cre #1031exchange #realestateinvesting #suburbanchicago #multifamilyportfolio #valueadd #expcommercial
Fully stabilized apartment portfolio across three well-maintained assets in Lyons & Chicago Ridge, IL — 100% occupied with strong in-place income and significant upside through rental increases.
🔹 42 Units Across 3 Stabilized Properties
🔹 Blended Current Cap Rate: 6.88% | Pro Forma: 8.50%+
🔹 Turnkey Management & Strong Tenancy
🔹 Recent Renovations With Value-Add Potential
🔹 Ideal for 1031 Exchange or Portfolio Expansion
📍 Portfolio Includes:
12 Units – 4337 Prescott Ave, Lyons, IL
🔗 https://creconsult.net/chicago-multifamily-listings/lyons-il-multifamily-portfolio-for-sale/
12 Units – 7821 43rd St, Lyons, IL
🔗 https://creconsult.net/chicago-multifamily-listings/multifamily-property-lyons-il/
18 Units – 9826 Sayre Ave, Chicago Ridge, IL
🔗 https://creconsult.net/chicago-multifamily-listings/chicago-ridge-il-multifamily-property-for-sale/
💼 Offered individually or together as a portfolio — a rare opportunity to acquire stabilized, income-generating suburban multifamily assets in strong rental submarkets.
📩 Contact:
Randolph Taylor, CCIM
📧 rtaylor@creconsult.net
📞 (630) 474-6441
Dave Snehal, CCIM
📧 dave.snehal@expcommercial.com
📞 (773) 230-8055
#multifamily #chicagorealestate #cre #1031exchange #realestateinvesting #suburbanchicago #multifamilyportfolio #valueadd #expcommercial
Monday, July 14, 2025
🚨 New Listing | 100% Leased Chicago Retail Investment 🚨
📍 3217–3229 W Montrose Ave | Albany Park, Chicago
💰 Offered at $995,000
Excited to bring this fully leased ±4,000 SF retail condo to market in one of Chicago’s most vibrant neighborhoods. Located along high-traffic Montrose Avenue with over 21,000 VPD, this property offers:
✅ 6 storefronts with service, food, and professional tenants
✅ 100% occupancy
✅ Flexible lease terms for upside potential
✅ Current rents avg. $20/SF, while market rents are ~$28/SF MG
✅ Pro forma cap rate: 8.37%
📈 Low submarket vacancy (3.1%) and strong tenant demand make this a prime opportunity to secure stabilized income with immediate rent growth potential.
🔗 Full details, photos, and financials:
👉 https://creconsult.net/chicago-retail-investment-property
Reach out with questions or to request the offering memorandum.
—
Randolph Taylor, CCIM
Vice President | eXp Commercial
📞 630.474.6441
📧 rtaylor@creconsult.net
#ChicagoRealEstate #RetailInvestment #CommercialBroker #AlbanyPark #PassiveIncome #CRE #RetailForSale #eXpCommercial
📍 3217–3229 W Montrose Ave | Albany Park, Chicago
💰 Offered at $995,000
Excited to bring this fully leased ±4,000 SF retail condo to market in one of Chicago’s most vibrant neighborhoods. Located along high-traffic Montrose Avenue with over 21,000 VPD, this property offers:
✅ 6 storefronts with service, food, and professional tenants
✅ 100% occupancy
✅ Flexible lease terms for upside potential
✅ Current rents avg. $20/SF, while market rents are ~$28/SF MG
✅ Pro forma cap rate: 8.37%
📈 Low submarket vacancy (3.1%) and strong tenant demand make this a prime opportunity to secure stabilized income with immediate rent growth potential.
🔗 Full details, photos, and financials:
👉 https://creconsult.net/chicago-retail-investment-property
Reach out with questions or to request the offering memorandum.
—
Randolph Taylor, CCIM
Vice President | eXp Commercial
📞 630.474.6441
📧 rtaylor@creconsult.net
#ChicagoRealEstate #RetailInvestment #CommercialBroker #AlbanyPark #PassiveIncome #CRE #RetailForSale #eXpCommercial
Wednesday, July 9, 2025
🏢 Two Adjacent Turnkey Office Buildings For Sale – Joliet, IL 🏢
Located just off Larkin Ave and adjacent to Ascension St. Joseph Medical Center, these two well-maintained office buildings offer flexible layouts, optional furnishings, and strong owner-user or investment potential.
📍 2435 & 2439 Glenwood Ave | Joliet, IL
🔹 2435 Glenwood: ±10,311 SF | $1,295,000
🔹 2439 Glenwood: ±9,410 SF | $1,100,000
🔹 Total: ±19,721 SF | Offered Individually or Together
🔹 Delivered Vacant | Elevator Access in 2435
🔹 Recently Renovated | Fully Furnished Option
🔹 Ideal for Medical, Office, or Professional Use
📂 View Full Listings & OMs:
➡️ 2435 Glenwood: https://creconsult.net/office-building-for-sale-joliet
➡️ 2439 Glenwood: https://creconsult.net/2439-glenwood-office-sale-joliet
—
Listed exclusively by:
Randolph Taylor, CCIM
Vice President | Broker – eXp Commercial
📧 rtaylor@creconsult.net
📱 (630) 474-6441
🌐 https://creconsult.net
—
#OfficeForSale \#JolietIL #CommercialRealEstate #TurnkeyOffice #CRE #MedicalOffice #OwnerUserOpportunity #ProfessionalOffice #OfficeBuildings #CREBroker #RandolphTaylor
Located just off Larkin Ave and adjacent to Ascension St. Joseph Medical Center, these two well-maintained office buildings offer flexible layouts, optional furnishings, and strong owner-user or investment potential.
📍 2435 & 2439 Glenwood Ave | Joliet, IL
🔹 2435 Glenwood: ±10,311 SF | $1,295,000
🔹 2439 Glenwood: ±9,410 SF | $1,100,000
🔹 Total: ±19,721 SF | Offered Individually or Together
🔹 Delivered Vacant | Elevator Access in 2435
🔹 Recently Renovated | Fully Furnished Option
🔹 Ideal for Medical, Office, or Professional Use
📂 View Full Listings & OMs:
➡️ 2435 Glenwood: https://creconsult.net/office-building-for-sale-joliet
➡️ 2439 Glenwood: https://creconsult.net/2439-glenwood-office-sale-joliet
—
Listed exclusively by:
Randolph Taylor, CCIM
Vice President | Broker – eXp Commercial
📧 rtaylor@creconsult.net
📱 (630) 474-6441
🌐 https://creconsult.net
—
#OfficeForSale \#JolietIL #CommercialRealEstate #TurnkeyOffice #CRE #MedicalOffice #OwnerUserOpportunity #ProfessionalOffice #OfficeBuildings #CREBroker #RandolphTaylor
Wednesday, July 2, 2025
Chicago Multifamily Cap Rate Map: What Drives Investment Value
Chicago Multifamily Cap Rate Map: What Drives Investment Value
Understanding the Chicago multifamily cap rate landscape is essential for investment decisions in 2025. This thematic map offers more than just a visual of pricing — it reveals operational risk, submarket fundamentals, and asset class volatility that drive investor returns and pricing behavior.
Multifamily cap rates are uniquely complex. Unlike single-tenant net lease properties, where cap rates reflect tenant credit quality and lease duration, multifamily pricing is shaped by a dynamic mix of local economics, operational burdens, and tenant behavior.
Why Multifamily Cap Rates Behave Differently
Multifamily assets are short-term lease products with intensive operating models. Cap rates are influenced by:
Tenant churn and leasing friction
Market-specific demand volatility
Local policy factors (rent control, permitting)
Asset condition and cap-ex requirements
Class segmentation (Class A vs. B/C)
These factors result in cap rate spreads that reflect true income risk — not just credit quality. Net leased properties trade with narrow spreads because of credit-backed income streams, while multifamily spreads widen significantly due to greater unpredictability in NOI.
Read: Cap Rate Spreads: Understanding Multifamily Risk Premiums
2025 Trends in the Chicago Multifamily Cap Rate Market
Class A properties in neighborhoods like the Loop and North Lakefront trade in the mid-6% cap rate range, reflecting newer construction, institutional capital, and more predictable demand.
Class B/C stock in South and West Side submarkets often trades at 7.5–8.5%, pricing in turnover, deferred maintenance, and income fragility.
Citywide average: ~7.5%, though individual sales have ranged from 2.7% to over 20%, depending on property-level and locational risk.
Explore this in depth in the 2025 Multifamily Market Outlook
Interpreting the Cap Rate Map: Color as Risk and Opportunity
The map is not just a price guide — it’s a visual reflection of where investor risk premiums are most pronounced:
Green zones: Lower cap rates tied to stability, higher liquidity, and strong underlying demand
Red/orange zones: Higher cap rates due to rent stagnation, maintenance exposure, and affordability constraints
Class B/C assets in red zones may show low vacancy, but often have compressed rent potential and elevated cap-ex risk. Meanwhile, green zones often reflect stabilized assets with institutional appeal and longer-term appreciation upside.
Cap Rate Comparison: Multifamily vs. Net Lease
In net lease investments, cap rates respond to bond-like factors: credit ratings, lease term, and passive ownership. In contrast, multifamily cap rates are operationally intensive and respond to:
Rent collections and delinquencies
Turnover costs and resident churn
Capital expenditures
Micro-market volatility
As detailed in Cap Rate Spreads: Understanding Multifamily Risk Premiums, these layers of risk result in higher spreads — even in similar markets — making cap rates an expression of operational complexity rather than lease reliability.
For context on macro investment trends, see CBRE’s Multifamily Investment Outlook
Class A vs. B/C: Divergent Risk Profiles
Class A: Typically newer construction, higher-income tenant base, lower maintenance burden — and therefore tighter cap rates.
Class B/C: Older assets often require repositioning or increased management and capital, leading to higher cap rates but also potentially higher returns if well executed.
Interestingly, Class B/C properties have posted lower vacancy rates (~3%) than Class A (~8%) in recent quarters — due to affordability demand — but the true return calculus must factor in expenses, rent ceilings, and risk of turnover.
Investor Takeaways
Use cap rate maps as signals of risk, not just return.
Understand the operational burden behind higher yields — they may reflect friction, not opportunity.
Cap rate spreads reveal asset class truth — especially when comparing multifamily to credit-backed sectors.
Expect divergence by class and submarket — underwriting must be hyperlocal and asset-specific.
Cap rates are macro-sensitive — higher interest rates can tighten spreads and compress values fast.
Looking to position your asset for resale or value extraction? Start with our guide: Maximizing Your Multifamily Property’s Sale Potential
https://creconsult.net/chicago-multifamily-cap-rate-drivers/?fsp_sid=1152
Tuesday, July 1, 2025
Chicago Multifamily Mortgage Rates June 2025 | Market Update
Introduction: Tracking Chicago Multifamily Mortgage Rates in June 2025
Chicago multifamily mortgage rates have dropped across most products in June 2025. These movements directly impact refinancing, investment acquisition, and underwriting strategies in the city’s multifamily sector. In this post, we break down the numbers and help you act on them.
Multifamily Mortgage Rates – June 2025 Overview
| Loan Type | 5‑Year | 7‑Year | 10‑Year |
|---|---|---|---|
| Bank Loans | 5.90% ▼ 0.10 | 6.21% ▼ 0.15 | 6.63% ▼ 0.12 |
| Agency Loans | 5.20% ▼ 0.11 | 5.26% ▼ 0.14 | 5.39% ▼ 0.12 |
| Agency SBL | 6.29% ▼ 0.10 | 6.29% ▼ 0.10 | 6.19% ▼ 0.15 |
| CMBS Loans | 7.10% ▼ 0.10 | 7.05% ▼ 0.10 | 6.75% ▼ 0.10 |
📌 Source: eXp Commercial Capital Markets
Why June 2025 Chicago Multifamily Rates Matter
With Chicago multifamily mortgage rates down this month, property owners and investors may want to reassess their lending strategies. Lower costs can open refinancing options, extend hold periods, or enable more aggressive acquisitions.
Key Lending Trends Impacting Chicago’s Market
1. Bank Loan Rates Provide Lower Entry
5‑Year rate: 5.90%, down from May.
Opportunity: Ideal for owners targeting short- to mid-term value.
2. Agency Loans Offer Stability
5‑Year rate: 5.20%, a notable decrease.
Best Use: Long-hold strategies for stabilized, higher-end assets.
3. Small Balance (SBL) Loans Trending Down
June 2025 multifamily SBL rates dropped 10 bps.
Use Case: Great fit for owners of smaller, workforce housing assets.
4. CMBS Remains Niche but Active
7-Year CMBS Rate: 7.05%
Strategic Use: Complex asset types, especially with portfolio-level financing.
Chicago Multifamily Investors: What to Do Now
Refinance if your current rate is over 6%.
Lock in loans before rates potentially rebound.
Partner with brokers who understand lending volatility and its effect on cap rates.
Chicago Multifamily Market Resilience
Despite rate fluctuations, Chicago’s fundamentals remain strong:
Demand for Class B and C properties is rising.
Submarkets like Bridgeport, Albany Park, and Bronzeville are attracting interest.
Broad employment base supports rental income stability.
Need Guidance on Chicago Multifamily Mortgage Rates?
With over two decades of experience, I help owners and investors navigate every rate shift with precision. From property valuation to debt strategy, I provide insights that maximize ROI.
📞 (630) 474‑6441
📧 rtaylor@creconsult.net
🌐 More multifamily insights
https://creconsult.net/?p=135668&fsp_sid=1118
Chicago Multifamily Market 2025: Rents & Cap Rates
The Chicago multifamily market remains one of the strongest in the country midway through 2025, with robust rent growth, competitive cap rates, and high investor interest. Despite broader economic uncertainty, Chicago continues to outperform many national peers due to its steady rental demand and limited new supply.
Tight Supply and Rising Rents in the Chicago Multifamily Market
Vacancy Rate: 4.7%, among the lowest in large U.S. metros
12-Month Rent Growth: 3.8%
Effective Rent Forecast for 2025: 5.3%
Average Asking Rent: $1,888/month or $1.60/SF
Absorption (12 Months): 10,153 units vs. 5,433 delivered
Units Under Construction: 8,286 (1.4% of inventory)
Chicago’s development slowdown, combined with population stability and international migration, continues to push asking rents higher across submarkets.
See our previous full-year analysis for comparison.
Aurora Submarket Insight: Suburban Value and Investment Stability
In suburban Aurora, IL, investment metrics show:
Effective Rent: $1.24/SF
Vacancy: 3.5%
Under Construction: 246 units (delivery expected Jan 2026)
Rent Growth (YoY): 3.4%
Recent Deals: Prices range from $77,000 to $190,000/unit depending on size and finish
Aurora’s affordability and low vacancy rates make it an attractive target for value-add multifamily investment.
Cap Rates, Price Per Unit, and Market Velocity
Sales Volume (Past 12 Months): $4.4 billion
Average Cap Rate: 6.2%
Price Per Unit: Typically ranges from $150,000–$275,000 in metro Chicago
Price Per SF: Averages $185–$325 depending on asset location and class
Although the transaction pace has eased from 2021 highs, Chicago’s multifamily investment market remains active, particularly in high-demand suburbs and core neighborhoods.
Multifamily Market Outlook: 2025–2026
With a historic slowdown in construction and continued population gains, rent growth is expected to accelerate. Submarkets with favorable fundamentals, like Aurora, Naperville, and Elgin, are poised to deliver higher returns for long-term investors.
Stay updated via CREConsult’s market insights and sign up for our monthly newsletter.
https://creconsult.net/?p=135678&fsp_sid=1135
Thursday, June 19, 2025
Commercial Real Estate Market Trends: 2025 Industry Insights
Introduction
In 2025, the real estate world looks different. Warehouses are booming, retail is rebounding, and suburban office spaces are outshining their urban counterparts. These changes are creating new opportunities—and challenges—for investors. In this article, we’ll break down the trends shaping today’s real estate market and what they mean for your next move.
Section 1: Commercial Real Estate Is Not One-Size-Fits-All
Smaller Deals Are Shaping the Market
Even though the headlines focus on billion-dollar buildings, most real estate deals today are much smaller. In fact, over 80% are under $10 million. These deals, often led by families or small firms, have a major impact on local markets.
Industrial Growth Is Leading the Way
Warehouses and storage facilities are in high demand. In places like Québec, rents could increase by up to 12% in 2025. This demand comes from the ongoing rise in e-commerce and the need for better supply chains (Colliers Forecast).
A Tale of Two Office Markets
Office buildings show a big divide. Older offices in city centers are seeing vacancy rates near 30%. On the other hand, suburban offices built after 2010 have rates closer to 11%. This shows how age and location now matter more than ever.
“Suburban offices built after 2010 are averaging about 11% in vacancy, compared to almost 30% for older downtown spaces.”
Section 2: Rates, Tariffs, and Market Uncertainty
Interest Rates Shake Up Values
Since 2022, interest rates have jumped up and down. That makes it tough to figure out how much a property is really worth. Buyers want lower prices, and sellers want yesterday’s rates. As a result, deals are slowing down.
Timing Is Everything
Even though there’s a pause now, lower mortgage rates are expected in 2025. That could make it easier to buy or sell. If you can wait out the current uncertainty, better conditions may be just around the corner.
Tariffs Add to the Pressure
Building costs are changing fast because of tariffs. Since these affect materials and labor, developers are putting projects on hold. That slowdown could keep supply tight in some markets, pushing up rents and values.
Section 3: Retail and Multifamily Stay Strong
The Retail Comeback Is Real
Retail is bouncing back—especially in local neighborhoods. Empty malls are being turned into gyms, health clinics, or delivery hubs. Since fewer new stores are opening, prime retail locations are seeing stable rents and low vacancies.
Renting Keeps Growing
Buying a home is tough right now. Prices are high, and interest rates are still a factor. Because of this, more people are choosing to rent. That’s good news for multifamily housing, which is seeing record demand in many cities.
Conclusion
The real estate market today is complex but full of opportunity. Smaller deals are becoming more common, and industrial spaces are seeing rapid growth. Offices are split between struggling downtown towers and thriving suburban buildings. Meanwhile, retail and rental housing continue to perform well.
Helpful Links
Learn more: CRE Investment Strategy Guide
Read next: Multifamily Market Insights
Data: Colliers 2025 Industrial Report
Rate trends: Federal Reserve Monetary Policy
https://creconsult.net/commercial-real-estate-market-2025/?fsp_sid=1035
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