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

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 ...

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 · On-site +1

$100K - $130K/yr

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

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

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 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 ...

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 22, 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.

Real Estate Broker Recruiter

PROSPECT EQUITIES REAL ESTATE LLC

Chicago, IL • On-site

$40K - $100K/yr

Full-time

Medical, Life, Retirement

Re-posted 21 days ago


Job description

Position Overview

The Prospect Equities' full service brokerage model has what agents want: Commission structures up to 100%, a 5-tier fully unlocked revenue sharing platform, patent-pending in-house lead generation software developed by our internal engineering department, one-on-one marketing support, and personal agent training.

We are looking for a tenacious and motivated Recruiter to help us continue expanding our roster of agents.  You MUST have Chicagoland real estate brokerage experienced for this role.  The reason is simple, if you know the local market and landscape of the business, you will easily be able to sell/promote what we have designed.  There is simply no brokerage that offers what we have invented.  Machine-Learning Software for exclusive territories that show you exact households statistically ready to move, predictive analysis for all active listings corresponding to investment expectations, and forecasting models on future real estate values.

Key Responsibilities
  • Proactively utilize our software, marketing, and platforms to generate candidate leads
  • Present the Prospect Equities® agent opportunities to qualified candidates
  • Proactively contact qualified agents through our database selection process and CRM.
  • Conduct initial phone screens with candidates to assess skill and cultural fit
  • Present qualified candidates to hiring manager
  • Utilize ATS to maintain accurate and up-to-date recruitment and applicant files and proper disposition of candidates
  • Collaborate with internal teams supporting agent onboarding and sourcing
  • Represent our Brand through virtual meetings, webinars, and real estate industry events
  • Manage advertising and job board platforms to ensure a consistent applicant pipeline
  • Manage the recruiting lifecycle to include selection, offer and onboarding process
  • Research and innovate recruiting strategies.
Compensation
  • $40,000.00 starting base salary
  • Bonus plan based on recruitment KPI’s
  • No cap on performance-based earnings
  • First Year bonuses should be $35k+ if KPI's are met
Benefits/Perks
  • Competitive base pay plus commissions with no cap
  • Full medical benefits after 90 days
  • HSA - Health Savings account
  • Paid holidays and time off
  • 401(k) company matching
  • Employee discounts
  • Advancement opportunities
  • Company-paid social events
  • Company-paid Life Insurance
  • Weekly lunch provided
Qualifications
  • Must have a current Brokers License in Illinois
  • Minimum Bachelor's degree in Human Resources, Business Administration or a related field
  • This is a fully on-site position requiring weekday work at our Chicago headquarters
  • Strong communication and relationship-building skills
  • Self-starter with the ability to manage a pipeline and work independently
  • Experience with CRM and ATS systems is preferred
  • Experience in a real estate environment is preferred
  • Comfortable collaborating with diverse, cross-functional teams
  • Proven ability to manage multiple projects simultaneously with timely follow-through
  • Advanced knowledge of Microsoft PowerPoint, Word, and Excel
  • Ability to learn company software and manage job boards

About Prospect Equities®

Prospect Equities® is a full-service real estate brokerage and technology firm with a strong brand presence, scalable model, and innovative proprietary software. As we expand nationally through franchising and corporate-owned facilities, we’re seeking motivated and energetic Entry Level Recruiters to help continue that growth. This role offers the opportunity to directly shape the company’s expansion with the help of the recruiting and marketing team.