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Cost Segregation Jobs in Chicago, IL (NOW HIRING)

Tax Manager - Accounting Methods and Periods

Chicago, IL · On-site

$114K - $149K/yr

Proventrack recordof successful tax planning, including accelerated depreciation deductions through cost segregation, fixed assets, and repairs and maintenance analyses * Strong computer skills ...

Tax Manager, Real Estate

Chicago, IL · On-site

$80K - $150K/yr

... cost segregation, and Section 1031 exchanges * Oversee the preparation and filing of partnership and entity-level returns, ensuring accuracy, compliance, and identification of tax-saving ...

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Cost Segregation information

See Chicago, IL salary details

$46.9K

$100.1K

$143.8K

How much do cost segregation jobs pay per year?

As of Aug 18, 2026, the average yearly pay for cost segregation in Chicago, IL is $100,052.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,500.00 and $117,500.00 per year, depending on experience, location, and employer.

What is cost segregation?

A Cost Segregation job involves analyzing commercial or residential real estate properties to identify assets that can be depreciated more quickly for tax purposes. Professionals in this field examine building components, construction costs, and IRS guidelines to reclassify assets into shorter depreciation categories. This helps property owners maximize tax savings by accelerating depreciation deductions. Cost Segregation specialists often work for accounting firms, real estate consulting firms, or directly with property owners.

What does a cost segregation specialist do?

A Cost Segregation specialist usually spends their day analyzing construction documents, blueprints, and financial records to identify and categorize building components for optimal tax savings. This process involves collaborating closely with clients, accountants, and sometimes engineers to gather the necessary information and ensure all project details are accounted for. Regular tasks include preparing detailed reports, conducting site visits, and communicating technical findings in an accessible way to non-experts. The work is a blend of independent analysis and teamwork, offering opportunities to build relationships with stakeholders and continually expand one’s industry knowledge.

What skills and qualifications are needed for cost segregation?

Excelling in Cost Segregation requires a solid background in accounting, tax law, commercial real estate, and construction cost analysis, often supported by a degree in accounting, finance, engineering, or a related field. Familiarity with cost estimation software, Excel, CAD tools, and a solid understanding of IRS guidelines are highly valuable, as is obtaining relevant certifications such as a CPA or CCSP. Strong analytical thinking, attention to detail, and clear communication skills help professionals effectively evaluate assets and explain findings to clients or team members. These qualifications are essential to identify tax-saving opportunities accurately, ensure regulatory compliance, and deliver comprehensive reports in a timely manner.

What are the most commonly searched types of Cost Segregation jobs in Chicago, IL?

The most popular types of Cost Segregation jobs in Chicago, IL are:

What are popular job titles related to Cost Segregation jobs in Chicago, IL?

For Cost Segregation jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Cost Segregation jobs in Chicago, IL look for?

The top searched job categories for Cost Segregation jobs in Chicago, IL are:

Infographic showing various Cost Segregation job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 83% In-person, and 17% Hybrid job distribution, with an average salary of $100,052 per year, or $48.1 per hour.

Cost Segregation Specialist

Flanagan - Bilton LLC

Chicago, IL • On-site

$80K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 21 days ago


Job description

About the Role:
The Cost Segregation Specialist plays a critical role in optimizing tax benefits for clients by identifying and classifying assets to accelerate depreciation deductions. This position involves conducting detailed engineering-based analyses of commercial properties to segregate personal property from real property components. The specialist collaborates closely with tax professionals, engineers, and clients to prepare comprehensive cost segregation studies that comply with IRS guidelines. By leveraging expertise in tax law and construction, the specialist helps clients improve cash flow and reduce tax liabilities. Ultimately, this role contributes to the financial success of clients by delivering precise, defensible cost segregation reports that withstand regulatory scrutiny.
Minimum Qualifications:
  • Bachelor's degree in Accounting, Finance, Engineering, Construction Management, or a related field.
  • At least 2 years of experience in cost segregation, tax consulting, or a related financial or engineering discipline.
  • Strong understanding of IRS cost segregation guidelines and federal tax depreciation rules.
  • Proficiency in reading and interpreting architectural and engineering drawings.
  • Excellent analytical, organizational, and communication skills.

Preferred Qualifications:
  • Professional certifications such as CPA (Certified Public Accountant), CSEP (Certified Specialist in Property Tax), or similar.
  • Experience with cost segregation software and tax research tools.
  • Background in commercial real estate, construction, or engineering.
  • Familiarity with federal and state tax codes related to depreciation and asset classification.
  • Demonstrated ability to manage client relationships and deliver client-focused solutions.

Responsibilities:
  • Perform detailed site inspections and review construction documents to identify assets eligible for accelerated depreciation.
  • Analyze architectural and engineering plans to classify building components according to IRS cost segregation guidelines.
  • Prepare comprehensive cost segregation reports that include asset descriptions, cost allocations, and supporting documentation.
  • Collaborate with tax advisors and clients to ensure accurate interpretation of tax regulations and optimize tax strategies.
  • Maintain up-to-date knowledge of tax laws, IRS rulings, and industry best practices related to cost segregation.
  • Manage multiple projects simultaneously while meeting deadlines and maintaining high-quality standards.
  • Communicate findings and recommendations clearly to both technical and non-technical stakeholders.

Skills:
The Cost Segregation Specialist uses analytical skills daily to dissect complex property components and accurately classify assets for tax purposes. Strong communication skills are essential for explaining technical findings to clients and collaborating with tax professionals. Proficiency in interpreting architectural and engineering documents enables precise identification of asset categories. Knowledge of tax regulations ensures that all cost segregation studies comply with IRS standards and maximize client benefits. Additionally, project management skills help the specialist juggle multiple assignments efficiently while maintaining attention to detail and meeting deadlines.
Benefits:
  • Competitive salary and performance-based bonuses
  • Health, dental, and vision insurance
  • Retirement savings plan with an employer 3% contribution
  • Professional development and continuing education opportunities
  • Collaborative and supportive team environment