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

Real Estate Manager

Chicago, IL · On-site +1

$100K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Expect to immerse yourself in various dimensions of a rapidly expanding enterprise, encompassing airport and military development, real estate franchising, and an array of other ventures. FOCUS ...

Real Estate Manager

Chicago, IL

$100K - $130K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Expect to immerse yourself in various dimensions of a rapidly expanding enterprise, encompassing airport and military development, real estate franchising, and an array of other ventures. FOCUS ...

Real Estate Paralegal

Chicago, IL · Hybrid

$80K - $110K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Professional development opportunities Responsibilities * Coordinate real estate transactions from due diligence through closing * Review titles, surveys, and transaction-related documentation

Real Estate Paralegal

Chicago, IL · Hybrid

$80K - $110K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Professional development opportunities Responsibilities * Coordinate real estate transactions from due diligence through closing * Review titles, surveys, and transaction-related documentation

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 ...

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.

Real Estate Agent

Downers Grove, IL · On-site

$75K - $125K/yr

Summary Join Us as a Real Estate Sales Partner - Cultivate a Rewarding Career with Growth Potential ... development sessions, cutting-edge technology that reduces up to 75% of routine tasks, and much ...

Qualified candidates will have superior academic credentials and 3-7 years of law firm experience in commercial real estate transactions, such as acquisitions, dispositions, development, financing ...

Real Estate Agent

Lockport, IL · On-site

$80K - $100K/yr

  • Medical

Summary Elevate Your Real Estate Career Join the top 20% of real estate professionals across North ... Join and gain in-house marketing and design services, daily live professional development ...

An international law firm and one of the top 50 AmLaw firms is seeking an associate to join their Real Estate practice. Qualified applicants will have at least 3-7 years of experience to support the ...

Showing results 41-60

Real Estate Development information

See Chicago, IL salary details

$56.1K

$105.4K

$166.9K

How much do real estate development jobs pay per year?

As of Aug 18, 2026, the average yearly pay for real estate development in Chicago, IL is $105,354.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,300.00 and $131,900.00 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.

What are the most commonly searched types of Real Estate Development jobs in Chicago, IL?

The most popular types of Real Estate Development jobs in Chicago, IL are:

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

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

Infographic showing various Real Estate Development job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $105,354 per year, or $50.7 per hour.

Licensed Real Estate Broker

PROSPECT EQUITIES REAL ESTATE LLC

Chicago, IL • On-site

Full-time

Re-posted 2 days ago


Job description

The Prospect Equities' vision is engineered to represent clientele with our full service approach in real estate paralleled with our innovative proprietary technology to guide buyers, sellers, renters, and investors successfully through the sales, leasing, or real estate investment process.
We seek licensed agents that are looking to succeed through an innovative approach of accessing the latest in technology, branding, training, and advertising to deliver client results. We provide the highest level in agent training, support, tools, marketing capability, and lead generation software with the highest return on your commission and we have guaranteed that since our inception in 2000.
Required license or certification:

● Must Be Licensed Real Estate Leasing Agent, Broker or Managing Broker In the State Of Illinois
Commission Programs:

● 100% Commission Plans
● High Split Commission Plans up to 89/11 with Leads and Marketing Support
● Team Leader and Franchise Opportunities
Revenue Sharing Program:

● Unlimited Frontline for 100% Commissioned Agents
● 5-Tier Downline always unlocked for split agents and teams 
  • 20% of Company Revenue (up to $4500 annually)
  • 15% of Company Revenue (up to $3375 annually)
  • 12% of Company Revenue (up to $2700 annually)
  • 8% of Company Revenue (up to $1800 annually)
  • 12% of Company Revenue (up to $2700 annually)
● No Frontline Qualifying Agents needed
Training Program:

● Area expertise/Target market
● Network development
● Media & branding proficiency
● Lead generation
● Securing client appointments
● Deal closing strategies
Agent Software:

● Proprietary Marketing and Lead Gen Software
  • Syncrocy - In-house CRM/CSS
  • Patent-pending Housing Score Technology
  • RealTIme AAR 
  • RealTime  CapRate
● Individual Agent Mobile App
Leads:

● Predictive Seller Leads through HousingScore
● Buyer Lead Generation through RealTime AAR
● Investor Leads through RealTime CapRate
● Renter Leads through our Leasing Division
Requirements:

● Proof of Auto-Insurance
Prospect Equities® is a licensed Real Estate Brokerage in IL,NY, FL, an Equal Opportunity Employer, and observes The Fair Housing Act.
Job Type: 1099 Commissioned Independent Contractor, no salary or W-2