eXp Commercial is one of the fastest-growing national commercial real estate brokerage firms. The Chicago Multifamily Brokerage Division focuses on listing and selling multifamily properties throughout the Chicago Area and Suburbs.
Wednesday, April 29, 2026
Fairway Lakes Estates offers a massive head start in one of Will County's most desirable luxury submarkets. Because the heavy lifting is already underway—with rough grading and paved internal roadways in place—developers can significantly accelerate their path to vertical construction.
With the newly approved $20B Joliet Technology Center poised to drive regional executive housing demand, this 77-acre, 60-lot master plan is perfectly positioned for builders looking to capture high-end homebuyer demand in the Frankfort 60423 zip code.
Review the Offering Memorandum, site surveys, and full details here:
https://creconsult.net/property/fairway-lakes-estates-77-38-acres-residential-development-frankfort-il/
Message me directly to discuss how this asset fits into your acquisition pipeline, or to schedule a private site walkthrough.
#LandAcquisition #RealEstateDevelopment #HomeBuilders #FrankfortIL #ChicagoCRE #CommercialRealEstate #WillCounty #ResidentialDevelopment #eXpCommercial
Thursday, April 23, 2026
Chicago Multifamily Disposition Strategy: 2 Proven Ways to Avoid Taxes

If you have owned a multifamily property in the Chicago area for any significant amount of time, you likely face a common dilemma: you are tired of the day-to-day grind of property management, but you are terrified of the tax bill that comes with selling. For many aging owners looking toward retirement and estate planning, mastering a Chicago multifamily disposition strategy is the ultimate key to cashing out without losing your hard-earned equity.
Table of Contents
Between federal capital gains, state taxes, and depreciation recapture, owners can face a tax exposure upwards of 40% to 43% of their net proceeds. That is a massive hit to your legacy.
Fortunately, selling your apartment building does not have to mean surrendering half of your wealth to the government. With a proven Chicago multifamily disposition strategy, you can defer your capital gains taxes, preserve your principal, and transition your equity into passive, institutional-grade "mailbox money."
Here is a look at how local apartment owners are successfully navigating their exits.
The Foundation of a Chicago Multifamily Disposition Strategy: The 1031 Exchange
A 1031 Exchange allows you to roll the proceeds from the sale of your multifamily property into a new "like-kind" investment property, completely deferring your capital gains tax under current IRS guidelines (Note: this is your authoritative outbound link).
However, many owners do not want to trade one set of toilets, tenants, and trash for another. If your goal is stability, passive income, and risk aversion, here are the two primary paths you should consider for your Chicago multifamily disposition strategy.
Option 1: The Delaware Statutory Trust (DST)
Note: We are discussing the Delaware Statutory Trust, which is an IRS-approved 1031 replacement property, not to be confused with a Deferred Sales Trust.
A Delaware Statutory Trust (DST) allows you to purchase fractional ownership in large, institutional-grade properties—such as a $100 million portfolio of data centers, student housing, or medical facilities.
The Pros of a DST:
- 100% Passive: You have zero management responsibilities.
- Built-in Debt: To satisfy the IRS, you must replace the debt from your old property. DSTs come with pre-packaged, non-recourse debt. You do not have to personally qualify for or sign a new mortgage.
- Institutional Quality: You gain access to high-tier assets managed by top-tier sponsors.
- Tax Benefits: Because the IRS views a DST as direct real estate ownership, you get to carry over your tax basis and continue claiming depreciation to shelter your passive income.
The Cons of a DST:
- Illiquidity: Your money is locked in for the hold period of the fund (typically 5 to 10 years). You have no control over when the asset is sold.
- Moderate Yields: Because these are highly stable, premium assets, cash-on-cash returns generally hover in the 4.5% to 5.5% range.
Option 2: Absolute Triple-Net (NNN) Leases
If you dislike the fractional ownership model of a DST, the next best option for your Chicago multifamily disposition strategy is an Absolute Triple-Net (NNN) Lease. This involves buying a single-tenant commercial property (like a corporate-backed CVS, Dollar General, or fast-food chain). The corporate tenant pays for all taxes, insurance, and maintenance.
The Pros of a NNN Lease:
- Total Control: You own the building outright and control when to sell.
- Management-Free: The tenant is responsible for the roof, parking lot, and everything in between.
The Cons of a NNN Lease:
- Personal Debt Liability: To replace your existing debt for the 1031 exchange, you must personally qualify for and sign a new commercial mortgage.
- Concentration Risk: If your single tenant vacates or files for bankruptcy, your building is 100% vacant, but your mortgage payment is still due.
- Negative Leverage: With today's commercial interest rates, your amortizing loan payment will take a substantial bite out of your monthly cash flow, often bringing your actual cash-on-cash return lower than a DST.
Assemble the Right Team for Your Chicago Multifamily Disposition Strategy
At CREConsult, brokered by eXp Commercial, we know that successfully selling a Chicago apartment building is not just about negotiating the highest price—it is about protecting what you keep. We are not just "one-and-done" transactional brokers. We understand that your property sale is a critical component of your overall estate planning and wealth preservation.
Executing a flawless Chicago multifamily disposition strategy requires you to assemble the exact team you need for a seamless transition:
- An Expert Broker to maximize your sale price and negotiate the best terms.
- A Qualified Intermediary (QI) to legally hold your funds and maintain your tax-deferred status.
- A Securities-Licensed Financial Planner (RIA) to facilitate your entry into institutional DST funds.
If you are considering selling but feel trapped by the looming tax bill, let's talk.
Contact us today for a complimentary valuation of your property and a confidential discussion about your exit options.
https://creconsult.net/chicago-multifamily-disposition-strategy/?fsp_sid=2368
Monday, April 20, 2026
Priced at just $104/SF, 1N131 County Farm Rd offers a unique investment profile anchored by the modern Regus flexible office platform.
Key Highlights:
Active Yield: Ownership participates directly in Regus platform NOI.
High Momentum: reached ±75% occupancy with 100+ inquiries since early 2025.
Significant Upside: Includes ±4,600 SF of near-term lease-up potential.
Stabilization: Clear trajectory to a 15%+ Pro Forma CAP rate.
Location: Signalized corner steps from Northwestern Medicine CDH.
Asking Price: $1,450,000
Full Details & Financials: https://creconsult.net/property/1n131-county-farm-rd-13900-sf-office-winfield-il/
#CRE #InvestmentRealEstate #WinfieldIL #CCIM #eXpCommercial
Tuesday, April 7, 2026
4,000 SF | $975,000
5.55% Cap | 8.36% Pro Forma
• Six storefronts
• In-place rents ~$20/SF (market ~$28/SF)
• 21,000+ VPD on Montrose
• 3.1% submarket vacancy
Stabilized income today with upside through rent growth and MTM rollover.
Full details: https://creconsult.net/property/3217-3229-west-montrose-avenue-chicago-7-unit-retail/
#CRE #RetailInvestment #ChicagoRealEstate #ValueAdd #InvestmentProperty
Wednesday, April 1, 2026
9,410 SF | $1,100,000 ($117/SF)
• Delivered vacant (former owner-occupied)
• Fully finished lower level
• Near Ascension St. Joseph Medical Center
• Zoned B-1 (office/medical/nonprofit)
Turn-key suburban office opportunity ideal for an owner-user or investor.
Full details: https://creconsult.net/property/2439-glenwood-ave-9410-sf-office-joliet-il/
#CRE #OfficeInvestment #OwnerUser #IllinoisRealEstate
10,311 SF | $1,295,000 ($126/SF)
• Move-in ready (recently renovated)
• Fully finished lower level
• Near Ascension St. Joseph Medical Center
• Zoned B-1 (office/medical/nonprofit)
Turn-key suburban office opportunity ideal for an owner-user or investor.
Full details: https://creconsult.net/property/2435-glenwood-ave-10311-sf-office-joliet-il/
#CRE #OfficeInvestment #OwnerUser #IllinoisRealEstate
Tuesday, February 17, 2026
Chicago Multifamily Mortgage Rates – February 2026 Market Update

Stabilizing Debt Costs Create Tactical Opportunities for Apartment Owners
Updated: February 2026
Chicago multifamily mortgage rates are stabilizing with incremental compression across Agency and Bank executions. Capital markets are gradually improving, providing apartment owners and investors with renewed clarity heading into 2026.
This update outlines current multifamily mortgage rates in Chicago and what they mean for refinancing, acquisitions, and valuation strategy.
Multifamily Mortgage Rates – February 2026
| Loan Type | 5-Year | 7-Year | 10-Year |
|---|---|---|---|
| Bank | 5.94% ▼ 0.21 | 5.95% ▼ 0.21 | 6.01% ▼ 0.12 |
| Agency | 4.68% ▼ 0.24 | 4.82% ▼ 0.23 | 4.88% ▼ 0.19 |
| Agency SBL | 6.34% — | 6.34% — | 6.24% — |
| CMBS | 6.85% ▼ 0.02 | 6.80% ▼ 0.02 | 6.50% ▼ 0.02 |
📌 Source: CREConsult Capital Markets | February 2026
📌 Benchmark references: CommLoan Multifamily & Commercial Mortgage Indices
Why Chicago Multifamily Mortgage Rates Matter in 2026
Debt costs directly impact:
- Property valuation
- Cap rate spreads
- Cash flow
- Refinance feasibility
- Acquisition underwriting
With Chicago multifamily mortgage rates showing measured compression, owners now have a clearer window to structure long-term fixed-rate debt before potential Treasury volatility later in 2026.
Current Lending Trends Impacting Chicago Multifamily Owners
1. Agency Loans Lead on Pricing
Agency multifamily mortgage rates in Chicago remain the most competitive:
- 5-Year: 4.68%
- 7-Year: 4.82%
- 10-Year: 4.88%
The spread advantage versus CMBS (over 200 basis points on 5-year terms) reinforces Agency dominance for:
- Stabilized Class A and B multifamily
- Institutional-quality assets
- Suburban core markets
- Non-recourse executions
Fannie Mae and Freddie Mac programs continue to attract capital due to stability and flexible amortization structures.
2. Bank Multifamily Rates Tighten Modestly
Chicago bank multifamily mortgage rates are now:
- 5-Year: 5.94%
- 7-Year: 5.95%
- 10-Year: 6.01%
While pricing has improved by approximately 20 basis points, underwriting remains disciplined:
- DSCR above 1.25x
- Leverage typically 60–65% LTV
- Strong sponsor liquidity required
Banks are competitive on stabilized mid-market properties but cautious on transitional assets.
3. Agency SBL Supports Smaller Assets
Agency Small Balance Loan (SBL) pricing remains stable:
- 5- and 7-Year: 6.34%
- 10-Year: 6.24%
This channel continues to support:
- 5–50 unit apartment buildings
- Workforce housing
- Suburban Chicago markets such as Aurora, Naperville, and Glen Ellyn
SBL remains attractive due to non-recourse options and simplified execution.
4. CMBS Rates Hold Steady
Chicago CMBS multifamily mortgage rates:
- 5-Year: 6.85%
- 7-Year: 6.80%
- 10-Year: 6.50%
Slight tightening suggests improving bond market stability, though pricing remains elevated relative to Agency.
Best suited for:
- Large portfolios
- Cross-collateralized structures
- Higher leverage scenarios
- Long-term hold strategies
Chicago Multifamily Market Fundamentals Remain Resilient
Debt markets are stabilizing while fundamentals remain strong:
- Sub-4% vacancy in core submarkets
- Steady renter demand
- Moderate but sustainable rent growth
- Controlled new supply relative to national averages
Chicago multifamily mortgage rates are no longer volatile — they are predictable. Predictability restores transaction confidence.
Strategic Outlook for Chicago Apartment Owners
Owners should evaluate:
- Refinancing maturing 2026–2027 debt
- Locking fixed-rate loans before Treasury shifts
- Recapitalization opportunities
- Strategic dispositions into improved liquidity
Debt structure is now a competitive advantage.
Work With a Chicago Multifamily Specialist
With over 26 years in multifamily brokerage, I help apartment owners align valuation, capital markets, and exit timing to maximize returns.
If you are considering:
- Refinancing
- Selling
- Recapitalizing
- Evaluating portfolio value
A structured review of your asset and current Chicago multifamily mortgage rates can clarify the optimal strategy.
https://creconsult.net/chicago-multifamily-mortgage-rates-february-2026/?fsp_sid=2252
Masters in Commercial Property (MiCP®): Randolph Taylor of eXp Commercial
The program reinforces structured commercial real estate investment analysis, valuation strategy, and disciplined transaction execution — core to multifamily investment sales within eXp Commercial’s National Multifamily Division.
Full article: https://creconsult.net/masters-in-commercial-property-randolph-taylor/
Friday, February 13, 2026
Masters in Commercial Property (MiCP®): Randolph Taylor of eXp Commercial

Randolph Taylor, Senior Associate with eXp Commercial’s National Multifamily Division, has earned the Masters in Commercial Property (MiCP®) designation through the Lipsey School of Real Estate.
The designation is awarded to commercial real estate professionals who complete advanced coursework and documentation demonstrating applied brokerage competence and disciplined transaction strategy. The program emphasizes structured systems used in real-world commercial real estate execution, with focus on financial analysis, valuation methodology, and negotiation discipline.
In commercial real estate investment sales, analytical precision and process discipline directly influence pricing credibility and transaction outcomes. The MiCP® designation reinforces structured advisory frameworks that support those objectives.
What the MiCP® Designation Represents
The training centers on practical brokerage execution rather than academic theory. Core areas include:
- Commercial real estate investment analysis
- Valuation strategy and pricing alignment
- Structured negotiation systems
- Transaction execution discipline
- Strategic client advisory frameworks
These competencies are directly relevant to multifamily investment sales, where underwriting clarity and capital market alignment drive buyer confidence.
Rather than promoting theory, the program emphasizes documentation standards, financial modeling discipline, and systematic negotiation approaches that strengthen real transaction performance.
Strengthening Multifamily Investment Sales Through Structured Analysis
Multifamily property owners in the Chicago metropolitan area operate within a capital environment shaped by:
- Interest rate volatility
- Increased lender scrutiny
- Investor return calibration
- Market-driven cap rate adjustments
Effective multifamily investment sales require disciplined underwriting, defensible valuation methodology, and structured negotiation execution.
Commercial real estate investment analysis involves detailed evaluation of income stability, operating expense normalization, capital expenditure forecasting, and risk-adjusted return expectations. Clear financial presentation reduces uncertainty during due diligence and supports pricing integrity.
Structured analysis also improves negotiation leverage. When underwriting assumptions are organized and defensible, transaction friction decreases and execution timelines improve.
For broader professional standards in commercial real estate education, see the CCIM Institute overview:
https://www.ccim.com
Application Within eXp Commercial’s National Multifamily Division
As part of eXp Commercial’s National Multifamily Division, Randolph Taylor focuses exclusively on multifamily investment sales across the Greater Chicago area.
Within Chicago multifamily brokerage, disciplined underwriting and strategic pricing alignment are central to optimized execution. The analytical frameworks reinforced through the MiCP® program strengthen transaction strategy and advisory precision.
For property owners evaluating valuation strategy or potential disposition timing, structured financial analysis remains critical. Additional information regarding multifamily valuation strategy is available here:
https://creconsult.net/chicago-multifamily-property-sales/chicago-multifamily-property-valuation/
Professional education does not replace experience. It refines systems and reinforces analytical discipline. The Masters in Commercial Property (MiCP®) designation reflects continued commitment to structured commercial real estate investment analysis and disciplined multifamily brokerage execution.
https://creconsult.net/masters-in-commercial-property-randolph-taylor/?fsp_sid=2232
Chicago Multifamily Outlook: Rents, Caps, 1031 Plans

The Chicago multifamily market enters 2026 defined by a tightening supply-demand gap, as new deliveries fall to historic lows. While national rent growth has cooled, Chicago apartment rents remain resilient in core submarkets, supporting stable apartment asset values despite broader economic volatility. This analysis examines the current cap rate outlook for Chicago, which remains elevated above the national average, and provides a framework for a 1031 exchange strategy tailored to a higher-for-longer interest rate environment.
Executive snapshot: Where national trends meet Chicago
National rent growth cooled, with pockets of strength
After mid-2025, U.S. rent growth slowed, but select Sun Belt hubs rebounded. National rent growth in Q4 2025 was +2.1% year over year, while top Sun Belt markets posted +4.0% to +6.0% in 2025. This gap matters because national rent growth outperformed Chicago in 2025, shaping broader Multifamily investment trends 2026 toward cautious, income-focused deals.
Chicago multifamily market: softer leasing and rent drift
In the Chicago multifamily market, leasing velocity was softer and several submarkets saw modest negative rent drift. Chicago apartment rents were -1.2% year over year in Q4 2025, alongside a 6.2% vacancy rate. Local vacancy and concessions are the primary drivers of rent softness, especially where new deliveries compete for the same renter pool.
Seasonality can amplify short-term swings: student leasing cycles, corporate relocations, and the timing of new deliveries can temporarily lift or pressure occupancy and effective rents.
John Reynolds, Senior Director at Lakeshore Advisors: "Chicago’s rent path is uneven—owners with stabilized, well-located assets still see healthy demand."
Maria Lopez, Multifamily Strategist, Windy City Capital: "Underwriting discipline matters more than ever; the numbers are nuanced by submarket and product class."
Immediate investor takeaway
Reprice underwriting assumptions for operating income to reflect concessions and slower absorption.
Stress-test exit cap rates and valuation sensitivity, given uneven rent momentum.
Align with Multifamily investment trends 2026: cautious allocation toward stabilized assets with durable demand drivers.
Data snapshot: National vs. Chicago metrics (table)
This single table gives CFOs, asset managers, and advisors a quick scan of market exposure. It highlights how negative rent movement in Chicago can pressure near-term NOI and, by extension, Apartment asset values. It also frames the Cap rate outlook Chicago, where Chicago’s 2025 cap rate runs about 0.7% higher than the national average, and notes softer deal flow tied to reduced 1031 activity.
Metric (Q4 2025 / 2025) | National | Chicago Metro | YoY / YTD Note |
|---|---|---|---|
Rent growth (YoY, Q4 2025) | +2.1% | -1.2% | Chicago rent decline can depress NOI near term |
Average multifamily cap rate (2025) | 4.9% | 5.6% | ~0.7% cap rate premium vs. national |
Estimated apartment asset values (2025 YTD) | — | -4.5% | Value pressure aligns with weaker rent trend |
1031 exchange transaction volume (2025 YoY) | -10% | -10% | Reduced activity suggests more hold decisions |
Common 1031 timelines | 45-day identification; 180-day exchange completion (1031 exchange strategy timing risk) | ||
Ethan Patel, Portfolio Manager, Midwest Capital Partners: “Tables don't replace fieldwork, but they highlight where to dig deeper—Chicago's cap rate premium is real.”
Olivia Grant, Tax Counsel, Grant & Meyers LLP: “1031 exchange rules are rigid; timing and documentation are the hidden risks for every owner.”
What softer Chicago apartment rents mean for landlords
Revenue pressure and Apartment asset values
Softer Chicago apartment rents create immediate revenue pressure: negative rent drift and longer marketing windows can reduce year-one NOI for value-add plans. In 2025, typical days on market rose +12 days YoY, increasing vacancy loss and carrying costs. Because concessions and vacancy trends materially affect effective rent, even modest giveaways can ripple into underwriting and Apartment asset values across the Chicago multifamily market.
Chicago sample (2025) | Observed impact |
|---|---|
Average concession impact on effective rents | 1.5% to 3.0% |
Marketing time | +12 days YoY |
Renewal lift strategies | ~8% lower turnover (hedged portfolios) |
Leasing tactics: protect occupancy, watch effective rent
Owners are using concessions and flexible lease terms to stabilize occupancy, but these tools compress effective rents if not tightly managed. Location and product quality remain the primary near-term drivers, so pricing power is strongest where demand is deepest.
Samantha Cole, COO, Harborpoint Property Management: "Small operational fixes—faster turnovers, smarter renewals—can offset a surprising amount of rent pressure."
Operational levers and submarket variance
Turnover work orders: shorten downtime with faster make-readies and vendor scheduling.
Utility controls: reduce waste and align RUBS/submetering where feasible.
Targeted amenity spend: prioritize high-ROI items (package rooms, access control) over broad upgrades.
Micromarketing: neighborhood-specific ads and employer outreach for lease-up.
Downtown, the lakefront, and select neighborhood nodes are holding up better than peripheral suburbs. One North Side landlord cut concessions from two weeks to one by focusing on renewals and service response times, protecting cash flow while keeping occupancy steady.

Cap rate outlook Chicago and asset-value implications
The Cap rate outlook Chicago remains the key swing factor for pricing in 2026. Cap rates have re-priced higher for smaller, older, or higher-variance assets, while institutional core properties in top submarkets have been more insulated. Research suggests cap-rate widening is the principal near-term valuation risk for Chicago multifamily assets, and well-underwritten, stabilized properties should see less erosion in value than transitional or niche product.
Chicago’s average multifamily cap rate in 2025 is about 5.6% versus a 4.9% national average. That wider spread can influence portfolio rebalancing: some allocators may demand higher yields to stay in Chicago, while others may view the spread as compensation for market-specific risk and a reason to selectively add exposure.
Apartment asset values: why small cap moves matter
Rising cap rates reduce Apartment asset values even when operations are stable. As an illustrative aside, a stabilized property with $600,000 NOI values at $600,000 / 0.050 = $12,000,000 at a 5.0% cap, but at 5.5% it values at $600,000 / 0.055 = $10,909,091 (about -9.1%). Every 25 bps move can change valuation materially.
Multifamily investment trends 2026: underwriting sets the pace
Debt pricing and tighter lender DSCR tests can slow value discovery and cap aggressive bids.
Stabilized cash flow supports tighter caps than transitional business plans.
Daniel Keane, Head of Transactions, Prairie Real Estate Group: “Cap-rate moves are the simplest technical factor that convert income misses into capital losses—prepare for modest spread normalization in 2026.”
Strategic moves: Acquisitions, dispositions, and 1031 exchange strategy
In the Chicago multifamily market, opportunistic sellers may face thinner buyer pools as 1031 activity cools (estimated -10% YoY in 2025). That makes a disciplined 1031 exchange strategy more important, especially when buyer demand tightens and pricing becomes less forgiving. With Chicago cap rates running about ~70 basis points above national levels (2025), owners should underwrite exits conservatively and avoid assuming quick cap-rate compression.
Acquisitions: focus on durable cash flow
For Multifamily investment trends 2026, buyers are prioritizing cash flow resilience: stable submarkets, transit and job access, and tenant-demographic tailwinds. When exchange volumes decline, relationship-based sourcing matters more because the best deals trade quietly and timelines are shorter.
Dispositions and exchange logistics
Owners weighing a sale should model two paths: taxable sale versus exchange. If cap-rate compression looks unlikely, tax deferral may be the stronger outcome—but only with strict timing discipline and clean execution.
45-day identification rule: identify replacement properties within 45 days of closing the sale.
180-day completion rule: close the replacement purchase within 180 days.
Qualified intermediary required: sale proceeds cannot be received directly by the investor.
Creative structures can help. A reverse 1031 may fit when buying first is necessary, but it raises capital and diligence demands in a slower market.
Olivia Grant, Tax Counsel, Grant & Meyers LLP: "In a slower 1031 market, liquidity planning and early pairing become competitive advantages."
Mark Fisher, Principal, Riverbend Investments: "Some owners find a reverse 1031 attractive when buying first makes sense—just plan for upfront capital needs."
Forward-looking risks, scenarios, and tactical checklist
In the Chicago multifamily market, forward risk centers on rate volatility (Fed guidance and regional lending spreads), uneven job growth by submarket, a new supply pipeline of roughly 6,000 to 8,000 metro deliveries in 2025–2026 (illustrative), and shifting commuter patterns as remote work settles into a new normal. These variables shape Multifamily investment trends 2026 and the Cap rate outlook Chicago, making flexibility a core advantage.
John Reynolds, Senior Director at Lakeshore Advisors: "Owners who maintain flexible capital plans will be best positioned across scenarios."
Three scenarios and responses
Base (stability): modest leasing, flat-to-slight rent movement. Tactics: protect NOI with renewal focus, targeted concessions, and expense controls while keeping dry powder for small value-add work.
Downside (prolonged softness): slower absorption as supply competes and financing stays tight. Tactics: stress-test DSCR and refi timing, extend debt where possible, and prioritize resident retention over aggressive rent pushes.
Upside (renewed demand): stronger job formation and improved credit availability. Tactics: move quickly on acquisitions, lock financing early, and pre-identify 1031 targets—pre-planning and committed capital can be a competitive differentiator.
Sensitivity and wild-card readiness
Scenario planning shows how small rent moves can materially affect value: a hypothetical +3% rent rebound in 12 months could recapture roughly 2–4% of lost asset value for stabilized assets. As a wild card, a sudden local job boom—such as a major corporate HQ move—could reverse rents fast; owners should keep a quick-response playbook, including lender outreach, broker shortlists, and pre-approved 1031 exchange pathways.
TL;DR: National rent momentum cooled in late 2025; Chicago lagged the national recovery. Expect modest pressure on apartment asset values, a higher-but-stable cap rate band, and selective 1031 exchange opportunities for well-positioned owners.
https://creconsult.net/chicago-multifamily-outlook-rents-caps-1031-plans/?fsp_sid=2208
Monday, January 5, 2026
Navigating the 2026 commercial real estate landscape requires a strategy grounded in verified data. Join eXp Commercial for an exclusive Economic Outlook session featuring high-level market analysis from our data partner, CoStar.
This briefing provides a comprehensive look at capital migration and sector-specific performance to help you finalize your 2026 strategy.
Key Discussion Points:
Industrial and Multifamily: Analyzing the drivers of continued sector resilience.
Office Segment: Identifying emerging opportunities within deep market repricing.
Retail: Navigating current pitfalls and identifying strategic entry points.
Event Schedule: Date: Tuesday, January 6, 2026 Time: 12:00 PM – 1:00 PM CST (1:00 PM EST)
Access Details: Join via Google Meet: https://meet.google.com/ved-vvhf-qsx Dial-in: +1 513-788-1976 (PIN: 511442612#)
Official Event Page: https://eventscalendar.exprealty.com/event/economic-outlook-for-cre-hosted-by-costar
#eXpCommercial #CommercialRealEstate #CRE #EconomicOutlook #MarketData #RealEstateInvesting #2026Strategy
Wednesday, December 10, 2025
Midwest Multifamily Market Booming: Is Now the Right Time to Sell?

At the halfway point of the year, Cleveland, Cincinnati, Columbus, and Chicago have all seen rent growth well ahead of the national average.
RealPage economists have picked several apartment markets that they expected would perform well in 2024 earlier this year. Those markets included Boston, Chicago, Cincinnati, Cleveland, Columbus, and New York. At the halfway point of the year, the firm took a look at its picks to see how they were doing.
RealPage's picks shared a common theme: limited supply pipelines. That kept many of its top markets ahead of the pack six months into the year. Strong demand is also bolstering Cleveland, Cincinnati, Columbus, and Chicago, all of which have seen rent growth well ahead of the national average.
San Jose and Washington, D.C., which RealPage predicted would show surprising upside at the start of the year, also have experienced rent growth outpacing national norms. San Jose may be on the cusp of re-securing some job growth due to AI-driven tech improvement, and migration flowing back into the nation's capital has helped support revenue growth, said RealPage.
The firm picked Las Vegas, Los Angeles, Portland, and San Francisco as markets that would face some potential demand challenges. As of mid-year, its predictions have experienced mixed results. Los Angeles and Portland both have struggled to maintain any traction in 2024 as locally sluggish economic growth appears to be holding the markets back, and Portland's annual job loss ranks second-worst among the nation's 50 most populous metro areas. However, Los Angeles has seen modest 0.6% growth despite extremely elevated turnover in Downtown LA and Mid-Wilshire. Los Angeles saw 52% turnover among leases expiring in June 2024, the fourth highest in the country.
The Austin and Dallas-Fort Worth markets both ranked within the nation's top 3 markets for absorption to start the year, pointing to strong demand in those markets. However, at mid-year, rent growth has not materialized in the Texas markets due to large supply volumes. Phoenix also ranks in the top 5 for absorption, yet it has seen persistent rent cuts. Nashville has outperformed to some degree considering the massive local supply figures, said RealPage.
Among its original picks for wild card markets, Atlanta and Tampa have seen performance significantly trail the national average. Atlanta's performance has been impacted by weak rent collections and oversupply, as well as softness in local lease-up properties, with more than a 50% drop in per-property per-month absorption in the first six months of 2024. Newark/Jersey City continues to impress as it appears new supply delivering along the waterfront is attracting some renters who work in Manhattan but are pulled in by the lower rents of Jersey City, according to RealPage.

Is Now the Time to Sell Your Multifamily Asset?
This positive outlook suggests that now might be an opportune moment to consider listing and selling your multifamily asset. By capitalizing on the current market strength, you can potentially maximize your return on investment.
Ready to Discuss Your Options?
eXp Commercial, a leading Chicago-based brokerage specializing in multifamily properties, can help you navigate the selling process. Their team of experienced professionals can offer valuable insights into the market and guide you towards achieving your goals. Contact eXp Commercial today to discuss your plans and explore your options for selling your multifamily property.
Source: RealPage Evaluates Its 2024 Apartment Market Picks
https://creconsult.net/midwest-multifamily-market-booming-sell-property/?fsp_sid=2182
Wheaton Multifamily Redevelopment – eXp Commercial Facilitates $1.475M Adaptive Reuse Success

Wheaton Multifamily Redevelopment Overview
CHICAGO, IL – October 28, 2025 – eXp Commercial, a division of eXp World Holdings, Inc. (NASDAQ: EXPI), announced the sale of a redevelopment property at 100 W Roosevelt Road in Wheaton, Illinois, for $1,475,000.
This transaction marks a notable Wheaton multifamily redevelopment, highlighting continued investor demand for suburban adaptive-reuse opportunities across the Chicago metropolitan area.
About the Transaction
The property consists of two approximately 12,000-square-foot office buildings, totaling about 24,000 square feet on 1.2 acres along Roosevelt Road near downtown Wheaton.
The buyer, a local developer, plans to convert the existing office space into 22 modern multifamily units after successful rezoning from office to residential use.
Randolph Taylor, CCIM, Vice President and Multifamily Investment Sales Broker with eXp Commercial’s National Multifamily Division in Chicago, represented the seller.
“This sale demonstrates both market creativity and municipal collaboration,” Taylor said. “Communities like Wheaton are increasingly supporting adaptive-reuse initiatives that add housing diversity while revitalizing established corridors.”
Adaptive Reuse in Chicago’s Suburban Market
The Wheaton project exemplifies the broader trend of adaptive reuse in Chicago’s suburban real-estate market, where underperforming office properties are being repositioned into residential housing.
Located near downtown Wheaton, the site benefits from strong demographics, proximity to retail and dining, and excellent transportation access, making it a prime candidate for suburban multifamily redevelopment.
The project will contribute to the ongoing revitalization of Wheaton’s Roosevelt Road commercial corridor.
About eXp Commercial
eXp Commercial is a division of eXp World Holdings, Inc. (NASDAQ: EXPI), one of the fastest-growing real estate brokerages globally.
The firm provides a cloud-based platform for commercial professionals, delivering national coverage, data-driven marketing, and advisory services across all asset classes.
Learn more at www.expcommercial.com.
About Randolph Taylor, CCIM
Randolph Taylor, CCIM, is Vice President and Multifamily Investment Sales Broker with eXp Commercial’s National Multifamily Division in Chicago.
With over 25 years of experience, he specializes in maximizing property value through strategic marketing, valuation advisory, and disposition of multifamily and mixed-use assets.
Press Contact:
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
eXp Commercial – Chicago | NASDAQ: EXPI
📧 rtaylor@creconsult.net | ☎ (630) 474-6441
Full Release: Link
https://creconsult.net/exp-commercial-wheaton-multifamily-redevelopment/?fsp_sid=2170
Tuesday, December 9, 2025
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
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
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, November 20, 2025
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
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
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
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
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