The 2025 Illinois commercial real estate market is set to undergo significant transformations, presenting a landscape filled with opportunities and challenges. One of the most notable drivers of activity in the sector is the substantial volume of loans maturing this year. These maturities create a ripple effect, stimulating refinancing, sales, and overall property market activity across the state.

With the United States continuing to witness record-setting inflation levels, Chicago home prices see massive appreciation. Of course, this market correction comes after a two-year period of record-low mortgage rates and a lackluster 2020 real estate year. Hot off the trail of 2021’s real estate market rebound, Chicagoland real estate affordability grows farther out of reach for first-time buyers.