Chicago Multifamily Brokerage

09/04/2026

Chicago Multifamily Market Q3 2026: Strong Rents & Rising Sales
The Chicago multifamily market in Q3 2026 continues to outperform many major U.S. apartment markets. Vacancy remains below 5%. Rent growth is more than twice the national average. New construction remains constrained. At the same time, multifamily sales volume has increased as private capital returns to the market. For Chicago-area apartment owners, those trends are […]

The Chicago multifamily market in Q3 2026 continues to outperform many major U.S. apartment markets. Vacancy remains below 5%. Rent growth is more than twice the national average. New construction remains constrained. At the same time, multifamily sales volume has increased as private capital return...

09/02/2026

3217–3229 W Montrose Ave, Chicago | Price Reduced to $895,000

Now offered at $895,000, this ±4,000 SF fully occupied retail condominium presents a compelling value-add opportunity in Chicago’s Albany Park neighborhood.

Highlights:
• 6 fully occupied storefront suites
• Five of six suites currently month-to-month
• Near-term rent and lease restructuring potential
• Owner-user flexibility
• High-visibility Montrose Avenue location with CTA access

The current lease structure gives a purchaser flexibility to improve rents, recoveries and overall NOI without waiting on long-term lease expirations.

Property details and Offering Memorandum:
https://creconsult.net/property/3217-3229-west-montrose-avenue-chicago-7-unit-retail/

Randolph Taylor, MBA, CCIM, MiCP
Vice President | Commercial Real Estate Investment Sales
eXp Commercial - Chicago
630-474-6441 | [email protected]

08/28/2026

2439 Glenwood Avenue, Joliet | Price Reduced to $899,000

A substantial price reduction creates a compelling owner-user opportunity for this ±9,410 SF freestanding office building on Joliet’s northwest side.

The location is a key differentiator. The property is positioned near Saint Joseph Medical Center, with convenient access to Larkin Avenue and I-80.

Highlights:

• ±9,410 SF total • 36 on-site parking spaces
• Delivered vacant and ready for occupancy
• Functional office buildout with private offices, conference rooms, open work areas, and finished lower-level space
• B-1 zoning supporting professional office, medical-adjacent, and nonprofit uses

The adjacent 2435 Glenwood Avenue property is also available, creating additional flexibility for a larger user or investor.

For an owner-user seeking a well-improved property at a reduced basis, 2439 Glenwood Avenue is worth another look.

Property details and Offering Memorandum: https://creconsult.net/property/2439-glenwood-ave-9410-sf-office-joliet-il/

08/10/2026

Aurora multifamily owners are entering a somewhat different market in the second half of 2026.
Aurora remains one of the more durable and affordable multifamily submarkets in the western Chicago suburbs, but owners now have to account for increasing new supply, changing vacancy levels, and a more selective investment-sales environment.
Current Aurora multifamily fundamentals include approximately 5.0% vacancy, 2.5% annual asking-rent growth, and 566 units under construction.
For owners, that makes property-specific analysis increasingly important. The value of an apartment building can vary materially based on unit mix, rents, expense structure, condition, location, and how effectively the property is positioned to the buyer market.
I have created a dedicated Aurora Multifamily Brokerage resource bringing together:
• Local multifamily market intelligence
• Recent Aurora apartment sales
• Property valuation and positioning strategies
• Multifamily investment-sales expertise
• Confidential guidance for owners considering a sale
I have worked with multifamily owners throughout Aurora and the western suburbs for many years, combining local transaction experience with detailed financial and market analysis.
If you own an apartment property in Aurora and would like to discuss its current market position, potential value, or disposition strategy, I would be glad to serve as a resource.
Aurora Multifamily Broker & Investment Sales:
https://creconsult.net/aurora-multifamily-broker/
Randolph Taylor, MBA, CCIM, MiCP
Vice President | eXp Commercial
Multifamily Investment Sales
630-474-6441
[email protected]

07/31/2026

A 12.7% vacancy rate is heading for the Aurora apartment market.

With 566 new units hitting the submarket before the end of the year, Class B and C property owners are about to face real pressure from luxury lease-up specials.

If you own or operate multifamily assets in Aurora, the game plan for the next 12 months has shifted.

It’s no longer about chasing aggressive rent hikes. It’s about defending your rent roll and locking in tenant retention today.

We just published our Mid-Year 2026 Aurora Multifamily Market Update, breaking down the following:
🔹 Where asking and effective rents are actually settling
🔹 Updated submarket cap rates and recent sales pricing
🔹 Exactly when the 566-unit construction wave hits the market
🔹 Practical strategies for owners to insulate NOI

Read the full market analysis and grab the complete CoStar PDF report here:
https://creconsult.net/aurora-multifamily-market-2026-proven-strategies/

For Aurora owners: Are you planning to hold through this supply wave or looking to position your asset before cap rates shift further? Let’s talk in the comments.

07/30/2026

Regus-Anchored Office (Winfield, IL) - All Offers Considered

We recently issued a call for offers on our 1N131 County Farm Rd listing. For a short time, the seller is highly motivated and considering all reasonable offers.

If you are looking for a low-maintenance asset with ultimate control, here is a brief recap:
• Pricing: $1,175,000 ($84.53/SF)
• Yield: 13.15% Year 1 Pro Forma Cap Rate
• Corporate Anchor: Regus (IWG plc) with ~7.5 years of term remaining
• Control & Flexibility: Landlord termination rights allow you to ride the profit share, restructure the footprint, or pursue full or partial owner-user opportunities
• Low-Maintenance Upside: Situated in a condo complex (minimal exterior maintenance) with 3,325 SF of turnkey lower-level vacancy ready for lease-up

Access the full Offering Memorandum and property details directly here:
https://creconsult.net/property/1n131-county-farm-rd-13900-sf-office-winfield-il/

Feel free to send me a DM, or schedule a quick call to discuss the underwriting:
https://creconsult.net/schedule-call/

07/27/2026

🚨 PRICE REDUCTION: Frankfort Development Opportunity 🚨

Skip the multi-year entitlement phase. Fairway Lakes Estates offers a massive speed-to-market advantage for homebuilders and developers looking to capitalize on Frankfort’s high-demand, supply-constrained housing market.

The Highlights:
✔️ 77 Acres | 60 Platted Estate Lots
✔️ Foundational infrastructure in place (rough grading & paved roads)
✔️ 60 individual PINs already assigned

✔️ Premium location adjacent to Green Garden Country Club

Ready to review the site work and financials? Access the full details below.
🔗 Full Property Listing: https://creconsult.net/property/fairway-lakes-estates-77-38-acres-residential-development-frankfort-il/
📄 Download Offering Memorandum:https://creconsult.net/wp-content/uploads/2026/03/Fairway-Lakes-OM.pdf

Contact me directly to discuss this opportunity:
👤 Randolph Taylor, CCIM | eXp Commercial
📞 (630) 474-6441 ✉️ [email protected]

07/22/2026

CALL FOR OFFERS: THIS FRIDAY (JULY 24TH @ 5:00 PM CST)

Just reduced to $1,175,000—bringing this 13,900 SF Regus-anchored office asset down to $84/SF with a 13.15% Y1 pro forma cap rate.

1N131 County Farm Rd | Winfield, IL

Key Highlights:
• Flexibility: Unilateral landlord termination rights (ideal for owner-user OR value-add investor)
• In-Place Cash Flow: ~76% occupied with Regus anchor
• Clean Slate: Seller zero-balancing deficit at closing

📥 Download the OM & View Details:
https://creconsult.net/property/1n131-county-farm-rd-13900-sf-office-winfield-il/

Submitting an offer or need details before Friday? Call me directly.
Randolph Taylor, CCIM | eXp Commercial
📞 630.474.6441 | ✉️ [email protected]

07/20/2026

🚨 PRICE REDUCED to $895,000 | 12% Pro Forma Cap Rate 🚨

We have just repositioned the pricing on 3217 W Montrose Ave—a fully occupied, 4,000 SF retail condo in Chicago’s highly constrained Northwest City submarket.

This asset is currently operated by an out-of-state owner and offers massive, immediate upside. We purposely maintained month-to-month leases across 5 of the 6 units, giving you the ultimate blank slate:

📈 Investors: Instantly convert the below-market gross leases to standard NNN leases to unlock a 12% Pro Forma Cap Rate. No waiting years for long-term lease expirations.
🏢 Owner-Users: Quickly vacate the majority of the ground-floor footprint for your own business while securing favorable SBA financing and keeping in-place income from the remaining tenant.

Chicago street retail with this level of stability and immediate flexibility is rare.
🔗 View the full OM, rent roll, and financial model here: https://creconsult.net/property/3217-3229-west-montrose-avenue-chicago-7-unit-retail/

Reach out directly to discuss the financials or schedule a tour.

👤 Randolph Taylor, MBA, CCIM, MiCP
🏢 Vice President | eXp Commercial Chicago
📞 (630) 474-6441 ✉️ [email protected]
📍 939 W North Ave, #750, Chicago, IL 60642
📝 IL License: 475.142701

07/16/2026

🚨 CALL FOR OFFERS & STRATEGIC PRICE REDUCTION 🚨
Deadline: Friday, July 24th at 5:00 PM CDT

We have officially reduced the asking price to $1,175,000 ($84.53/SF) for the Regus-anchored office condominium located at 1N131 County Farm Rd in Winfield, IL.

This is a unique, performance-driven Regus (IWG) corporate partnership model. To make this an absolute no-brainer for the incoming investor, the seller is offering a massive concession: The seller will completely pay off and zero-balance the outstanding historical startup deficit out of their closing proceeds.

By resetting the ledger to a true "Clean Slate," a buyer steps immediately into a highly bankable 13.15% Y1 Pro Forma Cap Rate with unilateral landlord termination rights.

Core Investment Highlights:
* Secure Basis Play: Aggressive $84.53/SF basis — well below replacement cost thresholds.
* Clean Ledger: Bypassing early ramp-up costs entirely at closing.
* Ultimate Flexibility: Unilateral termination rights allow a buyer to buy-and-hold for passive income, or an owner-user to partly/entirely occupy the building if desired.
* Low-Maintenance Condo Asset: Association-managed exterior and common area maintenance minimizes day-to-day management headaches.
* Built-In Value Add: Baseline supported by a stabilized ~76% occupied Regus footprint, a stable lower-level
* MTM tenant, and an additional turnkey 3,325 SF basement vacancy ready for immediate traditional lease-up.
* Premium Node: Located in DuPage County’s premier medical corridor, less than 1 mile from the Northwestern Medicine CDH campus.

👇 The Offering Memorandum and Property Website links are pinned in the first comment below! 👇

Contact me directly to schedule a private property discussion or to coordinate your submission before the July 24th deadline.

Randolph Taylor, MBA, CCIM, MiCP Vice President | Investment Sales eXp Commercial