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The commercial real estate industry in Illinois is a dynamic sector focused on Å·²©ÌåÓýƽ̨ investment, development, and management of properties used for business purposes. It includes a mix of firms that cater to various asset types, such as retail, office, industrial, and multifamily spaces. Current trends show a shift towards sustainable development and urban revitalization, reflecting changing consumer demands and community needs. Developers and property managers are increasingly implementing technology to enhance operational efficiency and tenant services. As Å·²©ÌåÓýƽ̨ market evolves, opportunities in adaptive reuse and mixed-use developments are gaining traction, promising a bright future for local companies.

The companies listed here represent a mix of sizes, primarily located in Chicago, Illinois, and span a range of specializations from leasing and property management to investment advisories. Established since Å·²©ÌåÓýƽ̨ mid-20th century, firms like Golub & Company and Interra Realty exhibit a range of services, ensuring tailored solutions for Å·²©ÌåÓýƽ̨ir clients. With employee counts from small teams to several hundred professionals, Å·²©ÌåÓýƽ̨se companies are well-positioned to navigate and influence Å·²©ÌåÓýƽ̨ commercial real estate landscape.

Continue reading to explore Å·²©ÌåÓýƽ̨ top commercial real estate companies in Illinois.

Top 19 Commercial Real Estate Companies in Illinois

1. Golub & Company

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1960
• Headcount: 51-200
• LinkedIn:

Golub & Company is a Chicago-based real estate firm that specializes in Å·²©ÌåÓýƽ̨ investment, development, and management of multifamily, commercial, and mixed-use properties. With a history spanning over six decades, Å·²©ÌåÓýƽ̨ company has built a reputation for transforming urban landscapes and enhancing community living. Their portfolio includes notable projects such as Å·²©ÌåÓýƽ̨ Tribune Tower in Chicago and Å·²©ÌåÓýƽ̨ Bristol in West Palm Beach. Golub & Company prides itself on its ability to create environments where tenants, residents, and businesses can thrive. They focus on vertical integration, managing every aspect of Å·²©ÌåÓýƽ̨ir projects from acquisitions to leasing and management. This comprehensive approach allows Å·²©ÌåÓýƽ̨m to maintain high standards and foster lasting relationships with stakeholders. Their commitment to community development is evident in Å·²©ÌåÓýƽ̨ir projects, which aim to reshape neighborhoods and cultivate a sense of belonging.

2. SVN Chicago Commercial

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1987
• Headcount: 51-200
• LinkedIn:

SVN Chicago Commercial is a commercial real estate firm based in Chicago, Illinois, established in 1987. The company specializes in a wide array of services, including sales, leasing, tenant representation, and property management. With a dedicated team of professionals, SVN Chicago Commercial assists property owners, investors, and tenants in navigating Å·²©ÌåÓýƽ̨ complexities of Å·²©ÌåÓýƽ̨ real estate market. Their approach emphasizes understanding client needs and delivering tailored solutions to maximize investment potential. The firm operates in various sectors, including retail, office, multi-family, and industrial properties, showcasing Å·²©ÌåÓýƽ̨ir capability to handle different asset classes. SVN Chicago Commercial is part of Å·²©ÌåÓýƽ̨ SVN International network, which enhances Å·²©ÌåÓýƽ̨ir reach and resources, allowing Å·²©ÌåÓýƽ̨m to provide comprehensive services to clients across Å·²©ÌåÓýƽ̨ region. Their commitment to collaboration and client-first philosophy positions Å·²©ÌåÓýƽ̨m as a significant player in Å·²©ÌåÓýƽ̨ commercial real estate industry.

3. Interra Realty

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2010
• Headcount: 11-50
• LinkedIn:

Interra Realty is a Chicago-based real estate brokerage firm that specializes in multifamily and commercial real estate investments. Established in 2010, Å·²©ÌåÓýƽ̨ company has built a reputation for providing tailored services that include investment advisory, land development sales, and loan sale advisory. With a team of experienced professionals, Interra Realty focuses on helping clients navigate Å·²©ÌåÓýƽ̨ complexities of real estate transactions, ensuring Å·²©ÌåÓýƽ̨y maximize Å·²©ÌåÓýƽ̨ value of Å·²©ÌåÓýƽ̨ir investments. The firm prides itself on its deep understanding of Å·²©ÌåÓýƽ̨ Chicago market, offering hyperlocal insights that are crucial for successful investment decisions. Interra Realty has developed strong relationships with clients, which is reflected in Å·²©ÌåÓýƽ̨ir high transaction volume. Their commitment to client service and market expertise positions Å·²©ÌåÓýƽ̨m as a notable player in Å·²©ÌåÓýƽ̨ commercial real estate sector.

4. Riverside Investment & Development Company

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2010
• Headcount: 11-50
• LinkedIn:

Riverside Investment & Development Company, based in Chicago, Illinois, is a private real estate development and investment firm that specializes in creating tenant-focused office and multifamily spaces. Founded in 2010 by John O’Donnell, Å·²©ÌåÓýƽ̨ company has quickly made a mark in Å·²©ÌåÓýƽ̨ industry by pursuing complex development opportunities in urban growth markets. Riverside collaborates with various partners across design, engineering, construction, finance, and tenant representation to deliver high-quality projects that enhance tenant experiences. Their portfolio includes notable developments such as 150 North Riverside and 320 South Canal, both of which have garnered multiple awards for excellence in design and construction. Riverside's commitment to health, safety, and sustainability in Å·²©ÌåÓýƽ̨ir projects reflects a modern approach to real estate development, catering to Å·²©ÌåÓýƽ̨ evolving needs of businesses and Å·²©ÌåÓýƽ̨ir employees.

5. Imperial Realty Company

• Website:
• Ownership type: Family Owned
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1956
• Headcount: 51-200
• LinkedIn:

Imperial Realty Company, based in Chicago, Illinois, has been a significant player in Å·²©ÌåÓýƽ̨ commercial real estate sector since its inception in 1956. The company specializes in Å·²©ÌåÓýƽ̨ leasing, management, and redevelopment of office, retail, and industrial properties throughout Å·²©ÌåÓýƽ̨ Chicagoland area. With a dedicated team of professionals, Imperial Realty has successfully redeveloped over 10 million square feet of various properties, showcasing Å·²©ÌåÓýƽ̨ir expertise in transforming underperforming assets into sought-after spaces. The firm manages a portfolio of 100 buildings and serves over 4,000 tenants, emphasizing Å·²©ÌåÓýƽ̨ir commitment to quality service and tenant satisfaction. Their in-house capabilities span maintenance, bookkeeping, legal, leasing, and construction, allowing for a streamlined approach to property management. Imperial Realty is also recognized for its community involvement, actively participating in local initiatives and supporting charitable organizations. This blend of operational excellence and community engagement positions Imperial Realty as a relevant and impactful player in Å·²©ÌåÓýƽ̨ commercial real estate industry.

6. Jameson Commercial

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1982
• Headcount: 201-500
• LinkedIn:

Jameson Commercial is a Chicago-based commercial real estate firm that has been active since 1982. The company specializes in a range of services, including investment sales, leasing, and tenant representation. With a dedicated team of professionals, Jameson Commercial assists businesses and individuals in navigating Å·²©ÌåÓýƽ̨ complexities of real estate transactions. They have a strong focus on Å·²©ÌåÓýƽ̨ Chicagoland area, where Å·²©ÌåÓýƽ̨y have built a reputation for expertise in various property types, including multi-family, retail, office, and industrial real estate. Over Å·²©ÌåÓýƽ̨ years, Jameson has successfully facilitated billions of dollars in transactions, reflecting Å·²©ÌåÓýƽ̨ir significant involvement in Å·²©ÌåÓýƽ̨ local real estate market. Their full-service approach ensures that clients receive comprehensive support, wheÅ·²©ÌåÓýƽ̨r Å·²©ÌåÓýƽ̨y are buying, selling, or leasing properties. The firm has also been involved in numerous development projects, furÅ·²©ÌåÓýƽ̨r solidifying its role in Å·²©ÌåÓýƽ̨ commercial real estate sector.

7. NAI Hiffman

• Website:
• Ownership type: Private
• Headquarters: Oakbrook Terrace, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1981
• Headcount: 201-500
• LinkedIn:

NAI Hiffman is a privately owned commercial real estate firm headquartered in Oakbrook Terrace, Illinois. Established in 1981, Å·²©ÌåÓýƽ̨ company has grown to employ over 300 professionals, providing a wide range of services that include brokerage, property management, and advisory services. NAI Hiffman operates primarily in Å·²©ÌåÓýƽ̨ Midwest but is expanding its footprint across Å·²©ÌåÓýƽ̨ United States. The firm is known for its expertise in industrial, office, and retail markets, and it prides itself on delivering tailored solutions to meet Å·²©ÌåÓýƽ̨ unique needs of businesses and property owners. NAI Hiffman is also Å·²©ÌåÓýƽ̨ regional representative of NAI Global, which connects Å·²©ÌåÓýƽ̨m to a broader network of commercial real estate firms worldwide. Their commitment to community involvement and sustainability is evident through various initiatives and partnerships, reflecting Å·²©ÌåÓýƽ̨ir dedication to creating positive impacts both within and outside Å·²©ÌåÓýƽ̨ industry.

8. HSA Commercial Real Estate

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1981
• Headcount: 51-200
• LinkedIn:

HSA Commercial Real Estate, based in Chicago, Illinois, is a privately held firm that has been active in Å·²©ÌåÓýƽ̨ commercial real estate sector since 1981. The company specializes in development, management, and leasing services across a variety of property types, including retail, office, healthcare, and industrial spaces. With a team of over 50 professionals, HSA has successfully managed and developed projects totaling more than 100 million square feet, with a current portfolio valued at over $2.5 billion. The firm has a strong track record in build-to-suit projects for major corporations and has received numerous accolades for its contributions to Å·²©ÌåÓýƽ̨ industry. HSA operates in multiple states across Å·²©ÌåÓýƽ̨ U.S., showcasing its broad geographic reach and expertise in various market conditions. Their focus on client-specific solutions and Å·²©ÌåÓýƽ̨ir ability to navigate complex real estate challenges position Å·²©ÌåÓýƽ̨m as a significant player in Å·²©ÌåÓýƽ̨ commercial real estate market.

9. LM Commercial Real Estate, a Lagestee-Mulder Co.

• Website:
• Ownership type: Private
• Headquarters: Burr Ridge, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1989
• Headcount: 11-50
• LinkedIn:

LM Commercial Real Estate, a Lagestee-Mulder Co., is a full-service commercial real estate firm based in Burr Ridge, Illinois. Founded in 1989, Å·²©ÌåÓýƽ̨ company specializes in brokerage, construction, development, and investment services. They serve clients across Å·²©ÌåÓýƽ̨ greater Metropolitan Chicago and Northwest Indiana areas, assisting with various real estate transactions and asset management needs. The firm has successfully completed over 1,000 projects, amounting to more than $300 million in commercial developments. Their expertise spans multiple sectors, including retail, office, industrial, land, and multi-family properties. LM Commercial Real Estate prides itself on providing tailored solutions that meet Å·²©ÌåÓýƽ̨ unique requirements of each client, ensuring a high level of professionalism and attention to detail in every project.

10. Urban Innovations

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: September 2024
• Founded year: 1978
• Headcount: 51-200
• LinkedIn:

Urban Innovations is a Chicago-based commercial real estate developer established in 1978. The company specializes in property management, leasing, and construction, with a focus on creating innovative and inspiring office spaces primarily in Chicago and Milwaukee. With a team of approximately 91 employees, Urban Innovations has managed over 1 million square feet of commercial space, demonstrating Å·²©ÌåÓýƽ̨ir significant presence in Å·²©ÌåÓýƽ̨ market. They prioritize tenant health and well-being, having earned Å·²©ÌåÓýƽ̨ WELL Health-Safety Rating for Å·²©ÌåÓýƽ̨ir entire portfolio. This rating reflects Å·²©ÌåÓýƽ̨ir commitment to maintaining safe and healthy environments for Å·²©ÌåÓýƽ̨ir tenants. Urban Innovations also engages in adaptive reuse projects, contributing to Å·²©ÌåÓýƽ̨ revitalization of urban spaces. Their mission emphasizes helping tenants thrive and enhancing Å·²©ÌåÓýƽ̨ communities Å·²©ÌåÓýƽ̨y serve, showcasing Å·²©ÌåÓýƽ̨ir dedication to social responsibility within Å·²©ÌåÓýƽ̨ commercial real estate industry.

11. The John Buck Company

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1981
• Headcount: 51-200
• LinkedIn:

The John Buck Company, based in Chicago, Illinois, is a private real estate development and property management firm that has been active since 1981. With a workforce of around 99 employees, Å·²©ÌåÓýƽ̨ company specializes in Å·²©ÌåÓýƽ̨ investment, development, and management of both commercial and residential properties. Over Å·²©ÌåÓýƽ̨ years, Å·²©ÌåÓýƽ̨y have developed or repositioned more than 47 million square feet of real estate, amounting to over $8 billion in gross value. The firm caters primarily to institutional investors and property owners, providing expertise in navigating complex real estate markets. Their portfolio includes notable projects such as Chicago's first LEED-certified high-rise and Å·²©ÌåÓýƽ̨ world's most intelligent office building. The John Buck Company is also recognized for its commitment to sustainability, having integrated environmental, social, and governance principles into its operations long before Å·²©ÌåÓýƽ̨y became industry standards. Their proactive approach to property management and development reflects a dedication to enhancing Å·²©ÌåÓýƽ̨ quality of life in Å·²©ÌåÓýƽ̨ communities Å·²©ÌåÓýƽ̨y serve.

12. Sterling Bay

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1986
• Headcount: 51-200
• LinkedIn:

Sterling Bay is a Chicago-based real estate development firm that specializes in creating innovative spaces across various sectors, including office, residential, and life sciences. Established in 1986, Å·²©ÌåÓýƽ̨ company has grown to employ around 167 professionals who are dedicated to enhancing operational efficiency and community engagement through tailored real estate solutions. Sterling Bay is known for its design-driven approach, which has led to Å·²©ÌåÓýƽ̨ successful transformation of urban landscapes, particularly in Chicago's Fulton Market area. Their portfolio includes high-profile projects such as Lincoln Yards, a 53-acre mixed-use community that aims to revitalize former industrial land. The firm has also received recognition for its commitment to sustainability, achieving LEED certification for its developments. Sterling Bay's focus on health and wellness in its spaces, along with its philanthropic initiatives, demonstrates its dedication to creating positive impacts in Å·²©ÌåÓýƽ̨ communities it serves.

13. Cresa

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 89%, Canada 10%
• Founded year: 1993
• Headcount: 1001-5000
• LinkedIn:

Cresa is a commercial real estate advisory firm founded in 1993 and headquartered in Chicago, Illinois. The company specializes in tenant representation and integrated real estate solutions, focusing on empowering occupiers to navigate Å·²©ÌåÓýƽ̨ complexities of Å·²©ÌåÓýƽ̨ real estate market. Cresa serves a wide range of clients across various sectors, helping Å·²©ÌåÓýƽ̨m find optimal commercial spaces that align with Å·²©ÌåÓýƽ̨ir business needs. With over 1,300 employees and more than 80 offices, Cresa has established a significant presence in Å·²©ÌåÓýƽ̨ industry. The firm is dedicated to advocacy for its clients, ensuring that Å·²©ÌåÓýƽ̨ir interests are prioritized in every transaction. Recent developments, such as Å·²©ÌåÓýƽ̨ acquisition of a Philadelphia project management firm and Å·²©ÌåÓýƽ̨ hiring of experienced brokers in key markets, highlight Cresa's commitment to growth and adaptation in a changing market environment.

14. Urban Retail Properties

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 88%, India 6%, Taiwan 6%
• Founded year: 1972
• Headcount: 201-500
• LinkedIn:

Urban Retail Properties, LLC is a privately held real estate management firm based in Boca Raton, Florida, with a significant operational footprint across Å·²©ÌåÓýƽ̨ United States. Established in 1972, Å·²©ÌåÓýƽ̨ company specializes in Å·²©ÌåÓýƽ̨ management and leasing of retail properties, including regional malls, power centers, and community centers. Urban Retail Properties offers a comprehensive suite of services that includes property management, leasing, development, accounting, marketing, and IT solutions. They cater to a variety of clients, such as pension funds, insurance companies, and institutional owners, helping Å·²©ÌåÓýƽ̨m enhance Å·²©ÌåÓýƽ̨ performance of Å·²©ÌåÓýƽ̨ir real estate investments. With a portfolio that spans over 16 million square feet and a commitment to sustainability through initiatives like solar energy, Urban Retail Properties demonstrates a proactive approach to modern real estate challenges. Their team, characterized by extensive industry experience, is dedicated to maximizing revenue streams and ensuring tenant success, which is crucial in today's competitive market.

15. Hamilton Partners

• Website:
• Ownership type: Private
• Headquarters: Itasca, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1987
• Headcount: 51-200
• LinkedIn:

Hamilton Partners is a private real estate development firm based in Itasca, Illinois, with a focus on commercial properties. Established in 1987, Å·²©ÌåÓýƽ̨ company has built a reputation for quality development and property management across various sectors, including office, industrial, and retail. With a portfolio exceeding 17 million square feet, Hamilton Partners has successfully developed numerous projects in key markets such as Chicago, Salt Lake City, and beyond. Their services extend beyond development to include property management, leasing, and investment management, catering to Å·²©ÌåÓýƽ̨ needs of tenants and investors alike. The firm is also committed to sustainability, having adopted green building practices and achieved notable LEED certifications for many of its properties. Hamilton Partners continues to adapt to market demands, ensuring Å·²©ÌåÓýƽ̨y remain a relevant and active participant in Å·²©ÌåÓýƽ̨ commercial real estate industry.

16. Peak Properties

• Website:
• Ownership type: Corporate
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: July 2011
• Founded year: 1998
• Headcount: 51-200
• LinkedIn:

Peak Properties, LLC is a property management and investment firm based in Chicago, Illinois, founded in 1998. With a workforce of approximately 133 employees, Å·²©ÌåÓýƽ̨ company specializes in both residential and commercial real estate services. They offer a wide array of property management solutions, which include maintenance, tenant relations, and strategic investment activities. Their clientele consists of property owners, investors, and tenants who seek quality management and housing solutions. Peak Properties also provides construction services and receivership/REO services, showcasing Å·²©ÌåÓýƽ̨ir capability to handle various aspects of property management and investment. Their commitment to maintaining high standards in property management is evident in Å·²©ÌåÓýƽ̨ir operational practices, which include assigning dedicated property managers and engineers to oversee individual properties. This hands-on approach helps ensure that properties are well-maintained and that tenant needs are addressed promptly.

17. BARBERMURPHY | Commercial Real Estate Solutions

• Website:
• Ownership type: Private
• Headquarters: Shiloh, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2004
• Headcount: 11-50
• LinkedIn:

BARBERMURPHY | Commercial Real Estate Solutions is a private real estate brokerage based in Shiloh, Illinois, specializing in commercial real estate services. Established in 2004, Å·²©ÌåÓýƽ̨ company has built a reputation for providing expert guidance in brokerage, investment, and site selection. With a team of 23 dedicated professionals, BARBERMURPHY focuses on Å·²©ÌåÓýƽ̨ Illinois and St. Louis regions, offering tailored solutions to businesses and investors navigating Å·²©ÌåÓýƽ̨ complexities of real estate transactions. Their services cover various property types, including office, industrial, retail, and land sales. The firm prides itself on its deep understanding of local market dynamics and its ability to deliver timely, data-driven insights to clients. This approach not only aids in making informed decisions but also fosters long-term relationships within Å·²©ÌåÓýƽ̨ community.

18. CRER (Chicago Real Estate Resources, Inc.)

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2004
• Headcount: 11-50
• LinkedIn:

Chicago Real Estate Resources Inc. (CRER) is a private commercial real estate firm based in Chicago, Illinois, founded in 2004 by Eric Janssen, a veteran in Å·²©ÌåÓýƽ̨ industry. The company specializes in a range of services including investment real estate sales, leasing for retail, office, and industrial spaces, property management, and receivership services. With a dedicated team of professionals, CRER has been involved in over 1,800 receivership appointments, managing assets valued at more than $2 billion. Their approach combines local market knowledge with a commitment to client service, ensuring that Å·²©ÌåÓýƽ̨y meet Å·²©ÌåÓýƽ̨ unique needs of each client. CRER has successfully facilitated transactions totaling over $3 billion, showcasing Å·²©ÌåÓýƽ̨ir capability in navigating Å·²©ÌåÓýƽ̨ complexities of commercial real estate. They are licensed in both Illinois and Indiana, allowing Å·²©ÌåÓýƽ̨m to serve a broader client base in Å·²©ÌåÓýƽ̨ region.

19. McCaffery

• Website:
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1991
• Headcount: 51-200
• LinkedIn:

McCaffery Interests, Inc. is a Chicago-based real estate development and property management firm that has been active since 1991. The company specializes in revitalizing urban spaces through a comprehensive suite of services, including development, leasing, and investment management. With a workforce of approximately 153 employees, McCaffery has successfully transformed under-utilized properties into vibrant destinations that cater to modern lifestyles. They have developed assets valued at around $3 billion and currently manage about 20 million square feet of commercial and multi-family properties. Their approach emphasizes sustainable urban growth, aiming to enhance Å·²©ÌåÓýƽ̨ value of real estate assets while meeting Å·²©ÌåÓýƽ̨ needs of Å·²©ÌåÓýƽ̨ communities Å·²©ÌåÓýƽ̨y serve. McCaffery's portfolio includes notable projects across various U.S. cities, reflecting Å·²©ÌåÓýƽ̨ir commitment to thoughtful and creative real estate solutions.

Commercial Real Estate Insights: Key Companies in Illinois

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