Local market data · Commercial real estate firms · Chicago

AI for commercial real estate firms in Chicago

The Chicago metro area had 603 commercial real estate firms in 2022, the 4th most of 323 US metros and 3% of all in the country. They employed 6,733 people at an average of $96,013 a year. 81% have fewer than 10 staff, so the same few people answer the phone, book, follow up and do the paperwork. Those are the jobs AI tools take on today.

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Commercial real estate firms in Chicago vs the US

Chicago metroUnited States
Businesses60318,260
People employed6,733163,972
Average staff per business11.29.0
Average yearly pay per employee$96,013$88,723
Share with fewer than 10 staff81%82%

Pay here is 8% higher than the national average for commercial real estate firms, so every hour of staff time costs more to spend on admin. The average commercial real estate firm here has 11.2 people on payroll, 24% higher than the US figure of 9.0.

How big commercial real estate firms in Chicago are

Fewer than 5 staff388 (64%) US 66%
5 to 9100 (17%) US 16%
10 to 1953 (9%) US 9%
20 to 4938 (6%) US 6%
50 or more21 (3%) US 3%

Businesses with paid employees, by number of employees, March 2022.

Commercial real estate firms by county in the Chicago area

Cook County has the most, with 375 of the metro's 603 (62%). Among the 10 big metros on this page, Chicago ranks 6th for average pay and 6th for the share of small firms.

CountyBusinessesEmployeesAvg pay
Cook County3754,633$109,040
DuPage County1011,375$69,388
Lake County44355$62,724
Kane County20138$78,696
Will County19103$46,437
Lake County1742$49,000
McHenry County1016$51,938
Porter County1047$83,021
Kendall County414$20,786

Census withholds pay where few firms would make it identifiable.

Where AI helps a commercial real estate firm first

Commercial real estate runs on long relationships and heavy documents, so AI helps most with research, paperwork and staying in touch. It can map who owns which buildings, track lease expirations, draft offering materials and keep a years-long follow-up from slipping. The relationships and the deal judgment stay with you.

What your team's admin hours cost in Chicago

Change any number. The starting values are the Chicago averages above; the hours and the share are yours to set.

Those hours cost you$202,400 a year

The share you would hand off$60,720 a year

Hours your team gets back1,320 a year

See what we would build for this

Guides for commercial real estate firms, one job each

Commercial real estate firms in other big metros

MetroBusinessesAvg payRank of 387
Los Angeles1,367$94,5632nd
New York1,872$114,0931st
Miami765$80,9163rd
Dallas585$93,1995th
Houston462$92,4027th
Atlanta413$108,3098th
Washington545$112,3536th
Philadelphia330$118,70511th
Boston396$165,90510th

Where these numbers come from

From the U.S. Census Bureau, County Business Patterns 2022 (released 2024), industry code NAICS 531312 (Nonresidential property managers), for the Chicago-Naperville-Elgin, IL-IN metro area (13 counties). It counts businesses with paid employees in March 2022, so solo owners with no payroll are not in it. Average pay is total yearly payroll divided by employees. The calculator uses 50 working weeks and 2,080 hours a year. Page checked 2026-11-12.

Find the hours your commercial real estate business can get back

A free 30-minute call. You leave knowing which part of your commercial real estate firm to hand to AI first, what we would build, and roughly how long it takes.

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