🚨 Office Condo For Sale – Bartlett, IL
📍 802 West Bartlett Road, Bartlett, IL 60103
💰 Listed at $299,900

Unlock the opportunity to own a well-appointed 2,285 SF office condo in the heart of Bartlett’s Westgate Commons. Ideal for professionals and businesses seeking a high-visibility suburban location.

✅ Built in 2008
✅ Two-story layout
✅ Functional & flexible design
✅ Great for medical, financial, or service users

🔗 Learn more & view photos: https://creconsult.net/bartlett-il-office-condo-for-sale/

📞 For more info:
Randolph Taylor, CCIM
Vice President | eXp Commercial
📧 rtaylor@creconsult.net | 📱 630.474.6441

#OfficeForSale #BartlettIL #CommercialRealEstate #OfficeCondo #CRE #eXpCommercial #ChicagoSuburbs #InvestmentProperty #OwnerUser

Multifamily Opportunity—Chicago Ridge, IL
The property is a recently renovated 18-unit building. The building is fully leased, generating strong gross operating income and meeting long-term rental demand in a prime suburban location.

Highlights:
• 18 Units | Fully Occupied
• Renovated in 2024
• Gross Operating Income: $280,831
• Stable tenancy and consistent income

🔗 Property Website → sl.creconsult.net/7821

—
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
eXp Commercial – Chicago
📞 630.474.6441
📧 rtaylor@creconsult.net
🌐 creconsult.net

Multifamily Portfolio—Lyons, IL
Two 12-unit buildings just blocks apart, fully occupied and recently renovated. Offered together or separately. Strong in-place cash flow and long-term upside in a prime west suburban location.

Highlights:
24 Units Total | 100% Occupied
Renovated in 2024
Current NOI: $211,452
Solid tenant base and income stability

Details:
4337 Prescott Ave → sl.creconsult.net/4337
7821 43rd St → sl.creconsult.net/7821
—
Randolph Taylor, CCIM
Vice President | Multifamily Investment Sales Broker
eXp Commercial – Chicago
630.474.6441
rtaylor@creconsult.net
https://www.creconsult.net

1031 Exchange Multifamily: Sell, Defer Taxes, Reinvest

1031 Exchange Multifamily Strategy Explained: Your Gateway to Tax Deferral

What is a 1031 Exchange, and Who Can Benefit from It?

Have you ever thought about selling your multifamily property and using a 1031 Exchange multifamily strategy to avoid capital gains taxes? If so, a 1031 Exchange might be your best friend. But what exactly is it?

A 1031 Exchange, named after Section 1031 of the Internal Revenue Code, allows real estate investors to defer paying capital gains taxes on an investment property when it is sold, as long as another similar property is purchased with the profit gained by the sale. Multifamily property owners often find this to be a transformative opportunity.

So, who can benefit from a 1031 Exchange? The answer is simple: anyone looking to sell an investment property and reinvest the proceeds. This includes:

• 
  

  Multifamily property owners

  
  


• 
  

  Commercial real estate investors

  
  


• 
  

  Individuals looking to diversify their portfolios

  
  

Imagine selling your apartment building and using that money to buy a net-leased investment or a Delaware Statutory Trust (DST). You can defer those pesky taxes and still keep your money working for you. It's like achieving two goals at once!

The Timeline for Completing an Exchange: Key Milestones to Remember

Now that you know what a 1031 Exchange is, let’s talk about the timeline. Timing is crucial in this process. Here are the key milestones you need to remember:

1. 
   

   Identify the Property: After selling your property, you have 45 days to identify potential replacement properties. This is called the identification period.

   
   


2. 
   

   Close on the New Property: You must close on the new property within 180 days of selling your original property. This is the exchange period.

   
   


3. 
   

   Work with a Qualified Intermediary: You need a qualified intermediary to facilitate the exchange. They will hold the funds from the sale and ensure everything is compliant with IRS regulations.

   
   

These timelines can feel tight, but with proper planning, you can navigate them smoothly. Just remember, the clock starts ticking the moment you sell your property.

Common Pitfalls to Avoid During the 1031 Exchange Process

While the 1031 Exchange can be a fantastic tool, there are some common pitfalls to watch out for:

• 
  

  Not Working with Professionals: It’s essential to have a qualified intermediary and a knowledgeable real estate broker. They can guide you through the process and help you avoid mistakes.

  
  


• 
  

  Missing Deadlines: As mentioned earlier, the 45-day identification period and the 180-day closing period are strict. Missing these deadlines can disqualify your exchange.

  
  


• 
  

  Choosing the Wrong Property: Make sure the property you choose meets the requirements for a 1031 Exchange. It should be “like-kind” and held for investment or business purposes.

  
  

In my experience, many investors get caught up in the excitement of selling and forget to plan for these crucial aspects. Don’t let that be you!

In conclusion, a 1031 Exchange can be an incredible opportunity for multifamily property owners looking to defer taxes and reinvest their profits. By understanding the process, adhering to the timeline, and avoiding common pitfalls, you can make the most of this tax-deferral strategy. If you’re ready to explore your options, I encourage you to connect with a professional at CREConsult. They can help you navigate the complexities of the 1031 Exchange and find the right investment opportunities for your goals.

 

Exploring NNN and DST Investments: Passive Income Made Easy

Introduction to Net-Leased Investments

Have you ever thought about how to make your money work for you? Net-Leased Investments, often referred to as NNN investments, might just be the answer. In simple terms, these are properties leased to tenants who are responsible for most, if not all, of the expenses associated with the property. This includes taxes, insurance, and maintenance costs.

Imagine owning a property where you don’t have to worry about the day-to-day management. Sounds appealing, right? With NNN investments, you can enjoy a steady income stream without the hassle of being a landlord. The tenant takes care of the property, while you sit back and collect rent.

How Do NNN Investments Work?

Here’s how it works:

• 
  

  The property is leased to a tenant, typically a well-established company.

  
  


• 
  

  The lease agreement usually spans several years, ensuring long-term cash flow.

  
  


• 
  

  The tenant pays rent, covering all operating expenses.

  
  

This structure provides a stable income with minimal responsibilities for the owner. You can think of it as a way to invest in real estate without the headaches that often come with property management.

Understanding Delaware Statutory Trusts (DSTs)

Now, let’s dive into another investment option: Delaware Statutory Trusts, or DSTs. These are flexible investment vehicles that allow multiple investors to pool their resources to purchase larger, income-producing properties. Think of it as a shared ownership model.

With a DST, you can invest in high-quality real estate without needing to buy an entire property on your own. This is particularly beneficial for those looking to diversify their portfolios. You can invest in various properties across different markets, reducing your risk.

Why Choose DSTs?

Here are some compelling reasons to consider DSTs:

• 
  

  Passive Income: Like NNN investments, DSTs provide a steady income stream.

  
  


• 
  

  Tax Benefits: They can be part of a 1031 exchange, allowing you to defer capital gains taxes.

  
  


• 
  

  Professional Management: Experienced professionals manage properties, ensuring you don't have to do any work.

  
  

For multifamily property owners looking to sell, DSTs can be a smart reinvestment option. They allow you to step away from the daily grind of property management while still protecting your equity and generating income.

The Stability of Cash Flow

One of the biggest advantages of both NNN investments and DSTs is the stability of cash flow. These investments are typically backed by long-term leases with creditworthy tenants. This means you can expect reliable rent payments, which is crucial for any investor.

When you invest in properties leased to national brands or established companies, the likelihood of facing vacancies is significantly reduced. These tenants often have long-term commitments, ensuring a steady stream of income for you.

Why Does This Matter?

For multifamily owners ready to sell, the idea of losing income during a transition can be daunting. However, with NNN and DST investments, you can maintain a steady cash flow while deferring taxes through a 1031 exchange. This allows you to reinvest your proceeds wisely.

In a world where financial stability is key, having investments that promise reliable income is invaluable. It’s like having a safety net that cushions you against market fluctuations.

Take Action

If you’re a multifamily property owner considering selling, I encourage you to explore these options. Connect with a professional who can guide you through the process of selling your property and reinvesting in NNN or DST investments. You can visit CREConsult.net to learn more about your exit strategy and reinvestment options.

Remember, investing doesn’t have to be stressful. With the right guidance, you can make informed decisions that align with your financial goals. Let’s make your money work for you!

 

Crafting Your Exit Strategy with eXp Commercial

As a multifamily property owner, you might find yourself in a precarious situation. You’re considering selling your apartment building, but where do you reinvest the proceeds? The looming question of capital gains taxes can feel daunting. Fortunately, eXp Commercial is here to help you navigate this process smoothly and effectively.

The Role of eXp Commercial in Facilitating a Smooth Property Sale

Having the right team by your side can make a significant difference when selling your multifamily property. eXp Commercial specializes in strategically marketing and selling multifamily properties. Our experienced brokers understand the local market and can help you achieve top dollar for your investment.

We utilize innovative marketing strategies and extensive networks to reach potential buyers. This not only increases visibility but also enhances the chances of a successful sale. Think of us as your trusted partner in this journey, ensuring that every aspect of the sale is handled with care and professionalism.

How to Work with a Qualified Intermediary for a Successful 1031 Exchange

Now, let’s talk about the 1031 Exchange. This powerful tool allows you to defer capital gains taxes when you sell your property, as long as you reinvest the proceeds into a like-kind property. But how do you navigate this process? That’s where a qualified intermediary comes in.

A qualified intermediary acts as a neutral third party in the exchange process. They hold the funds from your sale and help facilitate the purchase of your new property. Working with a qualified intermediary ensures that you comply with IRS regulations, which is crucial for a successful exchange.

It’s essential to choose someone experienced in 1031 Exchanges. They will guide you through the timelines and requirements, making the process smoother. Keep in mind that in a 1031 Exchange, timing is crucial. You have 45 days to identify a replacement property and 180 days to complete the purchase. Having a knowledgeable intermediary can help you stay on track.

Tailoring Investment Options According to Your Financial Goals

Once you’ve sold your property and completed the 1031 Exchange, the next step is to reinvest wisely. This is where eXp Commercial shines. We offer tailored investment options that align with your financial goals. Whether you’re looking for passive income or a more hands-on investment, we can help you find the right fit.

Consider Net-Leased Investments (NNN) and Delaware Statutory Trusts (DSTs). These options are particularly appealing for owners who want to step away from day-to-day management but still wish to protect their equity and generate steady income. NNN investments typically involve long-term leases with strong national credit tenants. This means stable income with minimal landlord responsibilities.

DSTs, on the other hand, allow you to invest in a diversified portfolio of properties while still benefiting from the 1031 Exchange. They provide an excellent opportunity for passive income, making them a smart choice for many multifamily owners.

As you consider your options, ask yourself: What are my long-term financial goals? Do I want to maintain an active role in property management, or would I prefer a more passive investment? Understanding your objectives will help us guide you toward the best investment strategy.

In conclusion, crafting your exit strategy with eXp Commercial can lead to a seamless property sale and smart reinvestment. We are here to support you every step of the way, from marketing your multifamily property to navigating the complexities of a 1031 Exchange. Our team is dedicated to helping you achieve your financial goals while minimizing tax liabilities. If you’re ready to explore your exit strategy and reinvestment options, connect with a professional at CREConsult.net. Let’s work together to secure your financial future.

https://creconsult.net/market-trends/1031-exchange-multifamily/?fsp_sid=664

2025 Multifamily Market Outlook: CMBS & Investment Trends

2025 Multifamily Market Outlook: CMBS & Investment Trends

The 2025 Multifamily Market Outlook presents both opportunities and risks for investors navigating the commercial real estate (CRE) market. While rising interest rates and economic volatility have impacted CRE valuations, multifamily remains one of the most resilient asset classes.

Despite a 20.4% decline in apartment values, rental demand, CMBS issuance trends, and stabilizing interest rates signal strong investment potential in 2025.

This article explores market trends, financing conditions, and investment strategies shaping multifamily real estate in 2025, using insights from Moody’s Global CMBS & CRE CLO webinar.

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Multifamily Real Estate: Stability Amid Market Volatility

1. Multifamily Property Values Declined, But Less Than Other Sectors

According to Moody’s 2025 CMBS & CRE CLO Outlook, multifamily property values fell 20.4% in 2024. However, this was less severe than other asset classes, such as:

• Hotels: -22.9%


• Retail: -12%


• Office: -9.4%


• Industrial: +7.0% (the only sector with value growth)

Key factors influencing multifamily performance:

• Steady housing demand – Homeownership remains expensive, keeping rental demand strong.


• Interest rate stabilization – Lower floating rates will ease financing costs.


• CMBS issuance trends – Multifamily-backed CMBS issuance increased in Q3 and Q4 2024.

📌 Takeaway: Multifamily is outperforming retail, office, and hotels, but investors should monitor regional supply and rent growth trends.

---

2. CMBS & CRE CLO Financing Trends for Multifamily in 2025

Rising interest rates in 2023-2024 made refinancing more expensive, affecting multifamily investment. However, Moody’s forecasts interest rates to stabilize in 2025, improving financing conditions.

How Interest Rates Will Impact the 2025 Multifamily Market

• Easier Refinancing – Borrowers with maturing CMBS loans will face fewer refinancing challenges.


• Debt Service Coverage Ratios (DSCR) Remain Stable – Moody’s reports multifamily DSCR at ~1.2x, meaning most properties generate enough rental income to cover debt payments.


• Increased CMBS Issuance – Multifamily-backed CMBS deals increased in Q4 2024, showing lender confidence.

📌 Investor Takeaway: CMBS and CRE CLO issuance trends suggest stronger multifamily lending in 2025, particularly in high-growth rental markets.

---

3. Multifamily vs. Other CRE Sectors: 2025 Performance Outlook

Property Type	Value Change (2024)	Key Risks	2025 Investment Outlook
Multifamily	-20.4%	Insurance costs, supply concerns	Moderate Growth
Retail	-12%	E-commerce competition, store closures	Mixed Outlook
Office	-9.4%	High vacancy rates, remote work trends	High Risk
Industrial	+7.0%	Strong e-commerce demand, logistics expansion	Strong Growth
Hotels	-22.9%	Economic downturn, lower travel demand	Volatile

📌 Takeaway: Multifamily remains a top CRE investment choice but lags behind industrial properties, which are thriving due to logistics and e-commerce growth.

---

4. Emerging Risks & Challenges for Multifamily Investors

a) Rising Insurance Costs & Climate Risk Exposure

• Insurance costs have spiked in high-risk regions (Gulf Coast, wildfire-prone areas).


• Natural disasters increase property expenses and insurance premiums, impacting cash flow.

b) Rent Growth Slowing in Some Markets

• Oversupply risk in cities with high apartment construction (e.g., Austin, Phoenix) is slowing rent growth.


• Coastal metro areas (NYC, LA, Miami) continue to see rental price appreciation due to housing shortages.

c) Workforce Housing & Affordable Rentals in Demand

• Class B & C apartments have higher occupancy rates as affordability becomes a greater concern.


• Investors focusing on affordable rentals may benefit from stable cash flow and lender support.

📌 Investor Takeaway: Markets with oversupply and high insurance costs should be analyzed carefully before investing.

---

5. Investment Strategies: Where to Focus in 2025?

Best Multifamily Investment Strategies for 2025

✔ Urban Multifamily in High-Growth Markets

• Best Markets: Miami, Dallas, Atlanta, Denver


• Strong employment growth and rental demand

✔ Class B & C Workforce Housing

• More recession-proof than luxury apartments


• High occupancy rates and stable cash flow

✔ Value-Add & Distressed Acquisitions

• Some underperforming assets can be repositioned for higher returns


• Look for distressed properties in high-rent areas

📌 Investor Tip: Watch CMBS issuance trends and local market supply before making new acquisitions.

---

6. Final Thoughts: The 2025 Multifamily Market Outlook

The multifamily sector remains one of the most stable CRE asset classes, driven by:

• Strong rental demand


• Improving financing conditions


• Resilient CMBS issuance trends

However, investors must navigate risks, including higher insurance costs, regional supply imbalances, and economic shifts.

Key Takeaways for Investors:

✔ Interest rates are stabilizing, making refinancing easier.
✔ Multifamily CMBS delinquencies remain lower than other CRE sectors.
✔ Affordable housing investments offer strong occupancy rates and cash flow stability.
✔ Investors should focus on high-growth rental markets and properties with strong cash flow fundamentals.

📌 Final Thought: Multifamily remains a top-performing CRE sector, but smart investors should focus on rental demand trends, financing conditions, and risk management.

https://www.creconsult.net/market-trends/2025-multifamily-market-outlook/?fsp_sid=651

Chicago Multifamily Podcast: Your Guide to Property Value

The Chicago Multifamily Podcast is here! This podcast is your ultimate resource for navigating the Chicago real estate market. Whether you’re a property owner or investor, our episodes deliver actionable tips for maximizing property value, improving Net Operating Income (NOI), and staying ahead of market trends.

If you’re preparing to sell your property, exploring suburban opportunities, or optimizing performance, this podcast provides expert insights tailored to your needs.

What You’ll Learn in Each Episode

Each episode covers critical topics, including:

• Proven strategies to increase NOI and reduce costs.


• Expert advice for preparing your property for sale with valuations and marketing.


• Updates on market trends like rent growth and vacancy rates.


• Suburban opportunities in high-demand areas such as Aurora and Naperville.

Our goal is to equip you with the tools to make informed decisions and achieve the best outcomes for your investments.

Episode 1: Insights on the 2025 Chicago Market

In our first episode, we explore the 2025 Chicago multifamily market outlook. Here’s what you’ll learn:

• National and local trends driving the real estate market.


• The growing demand for Class B and C properties.


• Why suburban submarkets are becoming prime opportunities.


• Tips for overcoming rising costs and navigating regulatory changes.

This episode sets the stage for a successful 2025. Don’t miss it!

Tune In and Start Growing Your Portfolio

The Chicago Multifamily Podcast is available on Spotify:
Click here to listen now.

For more resources to help you thrive in the multifamily market, visit creconsult.net.

Let’s Connect

We’d love to hear from you! Share your feedback on the podcast and let us know which topics you’d like us to cover in future episodes. Connect with us on social media or leave a comment on our website.

Start listening to the Chicago Multifamily Podcast today and gain expert insights to maximize your property’s value in 2025.

https://www.creconsult.net/?p=134990&fsp_sid=605

Chicago Multi-Family Market: Trends and 2025 Projections

Chicago Multi-Family Market: Trends and 2025 Projections

Chicago’s multi-family market is experiencing significant growth and challenges in 2025. From rising asking rents to shifting vacancy rates, the city’s housing market reflects a complex landscape. Understanding these trends is crucial for investors navigating Chicago’s multi-family real estate opportunities.

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Rising Rents and Shifting Vacancy Rates in the Chicago Multi-Family Market

Asking Rents on the Rise

As of November 2024, the average asking rent in Chicago’s multi-family market reached $1,885, an 0.6% increase from the previous month. This represents the eighth consecutive month of rent increases, reflecting strong demand across the city.

Vacancy Rates at a High

Despite climbing rents, vacancy rates in Chicago’s multi-family housing market stand at 5.5%, the highest since 2021.

• Projected Vacancy Rate: Expected to drop slightly to 5.3% by the end of 2024, indicating a potential stabilization.


• Investor Insight: Rising vacancy rates could signal an oversupply issue in certain submarkets, requiring careful analysis.

Economic Context

A housing analyst stated:

“Rising rents highlight demand growth, but wages and employment must keep pace to sustain affordability.”

Chicago’s employment rate declined by 0.1%, contrasting with national growth of 0.2%, creating challenges for the local rental market.

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Submarket Insights: Gold Coast’s Role in the Multi-Family Market

Current Inventory and New Units

The Gold Coast submarket remains a focal point in Chicago’s multi-family market:

• Existing Units: 44,562


• Future Supply: 9,347 new units projected for delivery between 2025 and 2026.

Class A vs. Class BC Units

Class A properties command higher rents and maintain lower vacancy rates, while Class BC units face higher vacancy challenges.

• Vacancy Gap: Up to 5.9% between Class A and Class BC units.


• Investor Opportunity: Focusing on Class BC properties in strategic submarkets could yield higher returns with targeted improvements.

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Investment Metrics in Chicago’s Multi-Family Market

Transaction Volumes and Cap Rates

Chicago’s multi-family market is projected to generate $148 million in transactions in 2025. Notable deals include the $144 million sale of 1326 S Michigan Ave, reflecting strong investor interest.

• 12-Month Rolling Cap Rate: 6.2%, providing a benchmark for returns on investment properties.

“Understanding cap rates is vital for identifying profitable investments,” noted a real estate expert.

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Economic and Demographic Trends Shaping Chicago’s Multi-Family Market

Income and Employment Challenges

While Chicago’s median household income grew by 0.6%, it lags behind the 3% annual increase in asking rents projected through 2026. This disparity highlights affordability concerns for residents.

• Employment Decline: Chicago’s employment dropped by 0.1%, contrasting with national gains.

Future Projections

With 9,347 new units expected by 2026, the balance between supply and demand will be critical. Rising rents, coupled with increasing vacancy rates, suggest potential oversupply issues in certain areas.

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Key Metrics for Chicago’s Multi-Family Market

Metric	Value
Average Asking Rent	$1,885
Current Vacancy Rate	5.5%
Projected Vacancy Rate (2024)	5.3%
Gold Coast Inventory	44,562 units
New Units (2025-2026)	9,347 units
12-Month Rolling Cap Rate	6.2%

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Conclusion: Navigating Chicago’s Multi-Family Market in 2025

Chicago’s multi-family market reflects a mix of opportunities and challenges. Rising rents, higher vacancy rates, and significant new inventory require careful navigation. Investors must:

1. Monitor submarket trends, particularly in the Gold Coast and other high-growth areas.


2. Analyze cap rates to identify profitable opportunities.


3. Align investment strategies with shifting economic and demographic dynamics.

By staying informed and adapting to market trends, investors can position themselves for success in Chicago’s evolving multi-family market.

https://www.creconsult.net/market-trends/chicago-multi-family-market-trends/?fsp_sid=504