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Chicago, IL

Real Estate Syndication Software for Chicago GPs

Chicago offers syndication operators what few markets can: institutional-quality assets at Midwest pricing with the regulatory advantages of Illinois Series LLC formation. The Chicago metro—with nearly 9.5 million residents—provides scale comparable to coastal markets at cap rates averaging 6.8% and median home prices of $335K. The city's diverse economy spans finance, healthcare, manufacturing, and tech, creating resilient employment fundamentals. For operators seeking yield and scale, Chicago's combination of low Blue Sky fees ($100), Series LLC availability, and deep housing stock makes it one of the most GP-friendly major markets in the nation.

$335,000
Median Home Price
6.8%
Average Cap Rate
3.5%
YoY Appreciation
9,509,934
Metro Population

Chicago Market Overview

42 days
Avg Days on Market
9,200
Annual Transaction Volume
1

Third-largest metro in US (9.5M residents)

2

Cap rates: 6.8% (best among major metros)

3

Median home price: $335K

4

Illinois Series LLC + $100 Blue Sky fees

Submarkets to Watch

Logan SquarePilsenBridgeportBronzevilleHumboldt Park

Last verified: February 2026 | Sources: US Census Bureau, Zillow, Redfin, CoStar

Illinois Compliance for Chicago Syndicators

Chicago syndicators benefit from Illinois's Series LLC formation availability.

Series LLC: Available ($150)
Blue Sky: $100 filing fee
View full Illinois compliance guide

Frequently Asked Questions

Illinois combines Series LLC formation ($150), low Blue Sky fees ($100), fast processing (1-2 weeks), and Chicago's institutional-quality market. This regulatory efficiency allows syndicators to focus on operations rather than compliance.

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Chicago Real Estate Fund Software | Midwest Syndication & Series LLC | Fund Flow