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Transaction Manager Jobs in Illinois (NOW HIRING)

Colliers

Transaction Administrator

Rosemont, IL · On-site

$23 - $26.44/hr

About you As a Transaction Administrator, you will be supporting our US markets, fostering ... Manage accounts receivables, including re-invoicing, coordination with local brokerages ...

Colliers

Transaction Administrator

Rosemont, IL

$23 - $26.44/hr

About you As a Transaction Administrator, you will be supporting our US markets, fostering ... Manage accounts receivables, including re-invoicing, coordination with local brokerages ...

CBRE

Transaction Specialist - Industrial

Chicago, IL · On-site

$40K - $51K/yr

As a CBRE Transaction Specialist you will provide broad tactical and operational support to a team of transaction management professionals assigned to a corporate client account team. Assist with the ...

Hillwood

Transaction Associate

Rosemont, IL

Hillwood Investment Properties (HIP) is seeking a Transaction Associate to join our team in Chicago ... Highly organized and detail-oriented, with the ability to manage multiple tasks and meet deadlines ...

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All JobsTransaction JobsTransaction Manager JobsTransaction Manager Jobs in Illinois

Transaction Manager information

See Illinois salary details

$17K

$74.6K

$126.9K

How much do transaction manager jobs pay per year?

As of Aug 8, 2026, the average yearly pay for transaction manager in Illinois is $74,593.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,500.00 and $93,000.00 per year, depending on experience, location, and employer.

What is a transaction manager?

A transaction manager oversees each phase of real estate transactions for a company, from application to closing. The qualifications for a career as a transaction manager include a bachelor’s degree in accounting, business administration, or a similar field. You also need experience in the real estate industry. Strong organizational and leadership skills are a must. As a transaction manager, your job duties include handling legal and financial matters, monitoring liabilities, coordinating leases, subleases, and purchases, finding real estate opportunities that align with company goals, and utilizing resources to negotiate the best deals for your company.

What are the key skills and qualifications needed to thrive as a transaction manager, and why are they important?

To thrive as a Transaction Manager, you need strong analytical skills, attention to detail, and a background in finance, real estate, or business, often supported by a relevant degree. Familiarity with transaction management software, CRM systems, and proficiency in Excel or similar tools are typically required. Excellent organizational, negotiation, and communication skills help you coordinate effectively with clients, agents, and stakeholders. These skills are crucial for ensuring smooth, compliant transactions and minimizing risks throughout the process.

How does a transaction manager typically collaborate with other departments during a deal process?

Transaction Managers work closely with various teams such as legal, finance, asset management, and external stakeholders to ensure smooth execution of deals. They coordinate due diligence, communicate key milestones, and oversee documentation to keep all parties aligned. Effective collaboration and clear communication are essential, as the Transaction Manager often acts as the central point of contact, facilitating information flow and resolving issues quickly. This cross-functional teamwork helps ensure that transactions close efficiently and comply with company policies and regulations.

What is the difference between Transaction Manager vs Loan Officer?

AspectTransaction ManagerLoan Officer
Required CredentialsTypically a bachelor's degree; certifications like Certified Transaction Coordinator (CTC) are commonBachelor's degree in finance, economics, or related field; licenses such as NMLS are required
Work EnvironmentReal estate agencies, title companies, or transaction coordination firmsBanks, credit unions, mortgage companies
Employer & Industry UsageReal estate and property management sectorsFinancial services and mortgage lending
Common Search & Comparison IntentUnderstanding roles in real estate transactionsUnderstanding mortgage and loan processing roles

The main difference is that a Transaction Manager oversees the coordination of real estate transactions, ensuring all documents and deadlines are met, often within real estate or title companies. A Loan Officer, on the other hand, evaluates and approves loan applications for borrowers seeking financing. While both roles require knowledge of real estate and finance, their focus areas and work environments differ significantly.

What does a transaction manager do?

A Transaction Manager oversees and coordinates real estate or financial transactions from start to finish. Their responsibilities typically include managing documentation, facilitating communication between all parties involved, ensuring compliance with regulations, and keeping transactions on schedule. They work closely with agents, clients, lenders, and legal professionals to address issues and ensure a smooth closing process. In commercial real estate, they may also handle portfolio management and negotiate lease agreements. The goal of a Transaction Manager is to ensure all aspects of a transaction are handled efficiently and accurately.
More about Transaction Manager jobs
What are the most commonly searched types of Transaction jobs in Illinois? The most popular types of Transaction jobs in Illinois are:
What are popular job titles related to Transaction Manager jobs in Illinois? For Transaction Manager jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Transaction Manager jobs in Illinois look for? The top searched job categories for Transaction Manager jobs in Illinois are:
What cities in Illinois are hiring for Transaction Manager jobs? Cities in Illinois with the most Transaction Manager job openings:
Transaction Manager jobs near you
Infographic showing various Transaction Manager job openings in Illinois as of July 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $74,593 per year, or $35.9 per hour.

Transaction Administrator

Colliers

Rosemont, IL • On-site

$23 - $26.44/hr

Other

Medical, Dental, Vision, Life, Retirement

Re-posted 2 days ago

Colliers rating

7.4

Company rating: 7.4 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

109th of 201 rated real estate companies

Job description

Make your next move an expert one.
At Colliers it's not our success that sets us apart, it's how we achieve it. Our people are passionate, take ownership and always do what's right for our clients, people and communities.
Why Colliers?
Our enterprising environment needs your expertise to facilitate Colliers' continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.
**This position is a hybrid role based out of our Rosemont, IL office**
About you
As a Transaction Administrator, you will be supporting our US markets, fostering relationships with key partners, and providing financial clerical support. In addition, you will have a level of involvement with accounts payable and other accounting duties as assigned.
The Transaction Administration team provides support services directly related to processing sale and lease transactions, including processing deal transactions, assigning deal numbers, updating database, verifying data, invoicing, preparing deposits, managing, identifying, and correcting deficiencies in both the process and data, communicating and responding to manager and sales staff inquires in a professional and timely manner.
In this role, you will...
  • Be responsible for processing all deal related information submitted by the brokers using our Deal Tracking System
  • Ensure compliance with company revenue/cash processing policies
  • Obtain and review deal documentation to ensure SOX compliance for revenue recognition
  • Manage accounts receivables, including re-invoicing, coordination with local brokerages, adjustments
  • Ensure that all deal files are in line with corporate and auditor's guidelines
What you'll bring
  • At least 1-3 years in an administrative or transactional experience
  • Experience with data entry for invoicing or deposits
  • Experience in the commercial real estate industry and/or a sales environment is desired
  • Demonstrated ability to form professional, supportive relationships including strong communication and conflict resolution skills
  • Strong detail orientation along with problem solving skills and the ability to function efficiently in a fast-paced environment with a positive attitude
  • Advanced skills and experience in MS Office (Excel) and Adobe PDF
  • A background in accounting isn't a must but would be valued

Pursuant to state/local law, Colliers is disclosing the following information:
Area/Location Specific: Rosemont, IL.
Approximate Compensation Range for this Role: $23.00/hr to $26.44/hr
Our compensation ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.
Benefits
Employees (and their families) are provided options for employer subsidized medical benefits including dental, vision as well as employer paid basic life/AD&D insurance and short-term / long-term disability. Employees are able to enroll in our company's 401k plan, which includes an employer match. Employees will also receive 10 days of sick leave and a minimum of 15-days vacation annually. Certain senior-level roles are eligible for unlimited time off. Employees will also enjoy 10 paid holidays plus two personal flex days throughout the calendar year. Twelve weeks (for birth parents) and 4 weeks (for non-birth parents, including adoptive/foster parents) for paid parental leave will also be available for use after successful completion of 90 days of employment. Individuals may be eligible for different or additional benefits under applicable state law.
#LI-NF1
#LI-Onsite
Make your next move an expert one and join us as we lead the industry into the future.
Applicants must be currently authorized to work in the United States on a full-time basis. The employer will not sponsor applicants for work visas.
Applications will be accepted on an ongoing basis.
Direct applicants only please, no agencies.
Colliers respects diversity and is an equal opportunity employer. No employee or applicant for employment will be discriminated against on the basis of any actual or perceived membership in any protected category including race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances. If you are a qualified applicant who requires reasonable accommodation to complete a job application, pre-employment testing, a job interview or to otherwise participate in the hiring process, please contact accommodations@colliers.com for assistance.

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