Real Estate Development Manager Salary in Chicago, Illinois

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Average Salary for Real Estate Development Manager in Chicago, Illinois

The average salary of a(n) Real Estate Development Manager in Chicago, Illinois is $112,061.

The average hourly rate of a(n) Real Estate Development Manager in Chicago, Illinois is $53.88.

The average bonus of a(n) Real Estate Development Manager in Chicago, Illinois is $6,757.00.

Job Description:

Manages and coordinates activities and negotiates with representatives of real estate, private enterprise and industrial organizations, and community leaders to acquire or lease real estate. Oversees staff engaged in such activities as determining needs for additional properties and/or space; staff may prepare appraisal reports on available properties, preparing feasibility studies, showing availability and quality of water resources, mineral deposits, electric power, and labor supply. Plans or directs preparation of statistical abstracts to reveal trends in tax rates in given communities, and proportion of total work force having specified skills. Plans, oversees, and directs activities of field staff engaged in sampling mineral deposits, surveying land boundaries, and testing water supply to determine optimum usage of land. Negotiates with community, business, and public utility representatives to eliminate obstacles to land purchase, development, sale, or lease. Negotiates mortgage loans. Directs collection and auditing of funds from sale or lease of property. May perform duties of real estate sales agent. May work with representatives of public utilities, universities, and other groups to coordinate research activities. May specialize in industrial development. Less

Manages and coordinates activities and negotiates with representatives of real estate, private enterprise and industrial organizations, and community leaders to acquire or lease real estate. Oversees staff engaged in such activities as determining needs for additional properties and/or space; staff... More

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