Chicago, Illinois
Office Market: Downtown Chicago's office market is under pressure, with notable defaults such as Blackstone's abandonment of a 1.7 million-square-foot tower in River North . However, Q4 2024 saw leasing activity reach 9.1 million square feet, the highest annual tally since the pandemic. [Source: https://www.wsj.com/real-estate/commercial/chicago-office-buildings-real-estate-market-1913fe3a, https://www.savills.us/research_articles/256536/370849-0?utm_source=chatgpt.com]
Industrial Sector: In 2024, developers completed 39 speculative industrial buildings totaling 10.8 million square feet, indicating robust activity in this segment. [Source: https://www.colliers.com/en/research/chicago/2024-q4-chicago-industrial-market-report]
For another great source to find out more about apartment real-estate in Chicago, go to http://www.biggerpockets.com/.
Apartment Loan Store is proud to serve the entire Greater Chicago area:
- Arlington Heights
- Aurora
- Berwyn
- Bolingbrook
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- Hoffman Estates
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- Mount Prospect
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- Oak Park
- Orland Park
- Palatine
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- Waukegan
- Wheaton
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HUD Loans are one of the best options with the current level of interest rates. For a complete guide to HUD Multifamily Loans please go here: