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Real Estate Development Jobs in Algonquin, IL (NOW HIRING)

WHD

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Real Estate Development Intern

Chicago, IL · On-site

$42K - $52K/yr

Involved in development of various types of real estate construction - residential/commercial * Learn and help with architectural design decisions of various projects * Help with project design ...

Airdo Werwas, LLC

Real Estate Attorney

Chicago, IL · On-site

$110K - $180K/yr

Professional Development: Experienced support staff, current technology, ongoing training, and the opportunity for direct client contact. Minimum Qualifications * J.D. from an ABA-accredited law ...

Airdo Werwas, LLC

Real Estate Attorney

Chicago, IL · On-site

$110K - $180K/yr

Professional Development: Experienced support staff, current technology, ongoing training, and the opportunity for direct client contact. Minimum Qualifications * J.D. from an ABA-accredited law ...

Jobot

Real Estate Attorney

Chicago, IL · On-site

$200K - $215K/yr

Their nationally recognized real estate practice handles a diverse range of matters involving acquisitions and dispositions, financing, development, leasing, and joint ventures. Due to continued ...

Forestar

Real Estate Analyst-FG

Schaumburg, IL

Forestar Group Inc. is a residential lot development company focused on delivering desirable ... Forestar Group is currently looking for a Real Estate Analyst-FG . The right candidate will work ...

Highland Holdings

Vice President, Real Estate

Chicago, IL · On-site

$175K - $275K/yr

Our portfolio spans retail strip centers, gas stations, QSRs, and large-scale mixed-use developments. We're not your typical real estate investment firm. We're strategic operators, acquiring ...

5 Legal

Real Estate Associate

Chicago, IL

This candidate will perform transactional work as assigned, including drafting and negotiation of documents relating to the full spectrum of commercial real estate transactions, including development ...

Jobot

Real Estate Attorney

Chicago, IL · On-site

$225K - $325K/yr

Responsibilities Lead commercial real estate transactions, including acquisitions, dispositions, financing, development, and leasing matters. Draft and negotiate purchase and sale agreements, loan ...

Scout Partners

Real Estate Partner

Chicago, IL

$250K - $350K/yr

Play an active role in business development and cross-selling opportunities across firm practice groups * Provide strategic leadership within the real estate practice, including mentoring junior ...

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Real Estate Manager

Chicago, IL · On-site

The Real Estate Manager will build and maintain relationships with brokers and landlords and ... development life cycle * Strong ability to balance priorities against multiple deadlines and ...

5 Legal

Real Estate Associate

Chicago, IL

The ideal candidate will have 3+ years of experience in general real estate transactional matters, such as leasing and purchase/sale transactions, real estate finance and/or development incentives.

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All JobsReal Estate Development JobsReal Estate Development Jobs in Algonquin, IL

Real Estate Development information

See Algonquin, IL salary details

$53.3K

$100.1K

$158.5K

How much do real estate development jobs pay per year?

As of Aug 25, 2026, the average yearly pay for real estate development in Algonquin, IL is $100,053.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,400.00 and $125,200.00 per year, depending on experience, location, and employer.

What is real estate development?

Real estate development is the process of creating new buildings or renovating existing properties for residential, commercial, or mixed-use purposes. It involves tasks such as acquiring land, securing financing, obtaining permits, overseeing construction, and managing the eventual sale or lease of the property. Developers coordinate with architects, contractors, government agencies, and investors throughout each stage of a project. The goal is to transform raw land or underutilized properties into valuable assets that meet market demand.

What are the qualifications to get a job in real estate development?

The qualifications to get a job in real estate development vary depending on your responsibilities. For investment and development jobs, the most important thing is money, whether it is from personal wealth or investors. Some developers work specifically with municipal governments or community organizations. If you seek investors, you need to have strong financial skills, good negotiation and presentation tactics, and strategic vision. To become a construction or design worker in real estate development, you need to have a bachelor’s degree or credentials from an apprenticeship and several years of work as a commercial or residential contractor. Marketing professionals need a background in PR or real estate.

What are the key skills and qualifications needed to thrive as a real estate developer, and why are they important?

To thrive as a Real Estate Developer, you need strong project management, financial analysis, and market research skills, often supported by a degree in real estate, business, or a related field. Familiarity with financial modeling software, CAD tools, and zoning or permitting systems is typically required. Excellent negotiation, communication, and problem-solving abilities set top developers apart. These skills are crucial for successfully managing complex projects, securing investment, and navigating regulatory environments to deliver profitable developments.

What are some common challenges faced by professionals in real estate development, and how can they be addressed?

Professionals in real estate development often encounter challenges such as navigating complex zoning regulations, securing project financing, and coordinating with a diverse group of stakeholders including architects, contractors, and government agencies. Successfully addressing these challenges requires strong project management skills, effective communication, and a proactive approach to problem-solving. Building a network of reliable partners and staying informed about local market trends can also help mitigate risks and ensure project success.

What is the difference between Real Estate Development vs Real Estate Brokerage?

AspectReal Estate DevelopmentReal Estate Brokerage
Required CredentialsReal estate license, possibly a degree in real estate, finance, or urban planningReal estate license, sales certification
Work EnvironmentProject sites, offices, planning meetingsReal estate offices, property showings, client meetings
Industry UsageInvolved in planning, financing, and constructing new propertiesFacilitates property sales and leasing between buyers and sellers

Real estate development focuses on creating new properties from planning to construction, while real estate brokerage centers on selling and leasing existing properties. Both roles require real estate licenses but differ significantly in daily activities and project involvement.

Do real estate developers make a lot of money?

Real estate developers can earn high incomes, especially when managing large projects or successful developments, but earnings vary widely based on experience, project size, location, and market conditions. Successful developers often require strong financial skills, market knowledge, and access to capital. Income potential increases with experience and a proven track record in the industry.

Is real estate development a good career?

Real estate development is a viable career that involves managing the planning, financing, and construction of property projects. Success requires strong project management skills, knowledge of market trends, and often a background in finance, architecture, or urban planning. It can be financially rewarding but also involves significant risk and long-term commitment.

What exactly do real estate developers do?

Real estate developers plan, design, and oversee the development of new properties or the renovation of existing ones, including residential, commercial, or industrial projects. They coordinate with architects, contractors, and government agencies, secure financing, and manage project timelines to bring developments from concept to completion.
More about Real Estate Development jobs

What job categories do people searching Real Estate Development jobs in Algonquin, IL look for?

The top searched job categories for Real Estate Development jobs in Algonquin, IL are:

What cities near Algonquin, IL are hiring for Real Estate Development jobs?

Cities near Algonquin, IL with the most Real Estate Development job openings:

Real Estate Development jobs near you
Infographic showing various Real Estate Development job openings in Algonquin, IL as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 20% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $100,053 per year, or $48.1 per hour.

Real Estate Development Intern

Chicago, IL • On-site

WHD
See more jobs at WHDexternal

$42K - $52K/yr

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

About Our Company:
Wilshire Homes Development (WHD) is Chicago’s premier development firm. WHD specializes in creating homes with a strong sense of craftsmanship and thoughtful design. Ranging from new construction, residential & commercial, and full remodels/renovations throughout Chicago, Illinois and the Northwest Suburbs of Chicago in established neighborhoods.

Description of the Position:
WHD is looking for a young, energetic, motivated, hard-working, and organized problem-solver for a paid internship with an offer for full-time employment available based on performance. This could be your opportunity to get involved with a fast growing company, get a vast amount of exposure to numerous types of real estate, and have to ability to execute on new innovative ideas. Candidate will be able to see tangible results from their efforts and play a leadership role in Chicago development. The candidate will have opportunities to procure new business and be involved in ownership stake of future investments based on performance.

Responsibilities:

  • Involved in development of various types of real estate construction – residential/commercial
  • Learn and help with architectural design decisions of various projects
  • Help with project design, planning, and management including on-site visit experience
  • Help with sourcing project finishes and researching building science
  • Perform cost vs benefit analysis on various construction design
  • Help with new acquisitions, identify new opportunities and learn unique methods to buying real estate
  • Learn and help with financial analysis of new real estate opportunities
  • Help with creating new leases, contracts, and other documents
  • Help Develop strategies and methods to streamline work
  • Various other tasks necessary in the development business

Qualifications:

  • Previous experience in property management, real estate or other related fields is a plus
  • Ability to multitask and prioritize
  • Excellent written and verbal communication skills
  • Proficiency in Microsoft Word, Excel, Powerpoint, and Google Suite, AI Suites (Claude, Claude-Cowork, ChatGPT, Gemini)
  • Self-starter, quick learner, and the ability to work responsibly with little supervision and wear many hats

This internship provides an excellent platform for professional growth within the real estate industry. We look forward to welcoming a dedicated individual who is ready to contribute and learn!


Job Type: Full-time

Pay: $42,000.00 - $52,000.00 per year


Benefits:

  • Flexible schedule
  • Health insurance available
  • Professional development assistance

Work Location: In person