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Chicago’s commercial property sales held steady in 2025

Total volume increased by a modest 3% as multifamily strength helps offset sector variability
CoStar Analytics
January 15, 2026 | 10:35 P.M.

Chicago’s commercial real estate market ended 2025 with slight growth in total investment volume, supported by a rebound in multifamily sales and steady activity in retail and industrial properties. While overall volume stayed well below past peak years, Chicago still outperformed many U.S. markets that experienced sharper drop‑offs.

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