
Triton Realty Group's principals (Matthew A. Fritzshall, Edward Liss and Harrison Cohen), had the privilege of presenting the 2025 State of the Apartment Market to Chuhak & Tecson, P.C. real estate practice. A special thanks to Kevin Coyne, Esq. and his incredible team for inviting us to share perspective on the multifamily market.
Here are some key trends shaping Chicago’s apartment market in 2025:
🔹 Supply & Demand
The Chicago apartment market continues to face supply shortages, driving projected rent increases between 3-7% in 2025.
🔹 Real Estate Taxes
Cook County’s evolving approach to property tax assessments remains a critical factor for landlords and investors, impacting strategies for current and future investments.
🔹 Insurance Costs
Insurance premiums are expected to rise again, influenced by inflation and the growing effects of natural disasters.
🔹 Multifamily Transactions
Following the Fed’s December 2024 rate cut and the anticipated cautious approach to further reductions in 2025, transaction activity is set to increase. This growth is supported by a shifting political environment and the maturation of significant loans.
📩 Want more insights?
Our full presentation and write-up are available! Comment below ⬇️ or DM us to receive the report via email!
Let’s connect and discuss how these trends could influence your 2025 investment strategy!
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