CHICAGO, IL – Chicago multifamily is heading into 2026 with vacancy projected at 3.8% and the lowest delivery pipeline since 2012. Strong fundamentals, but new development isn’t filling the gap, vintage neighborhood buildings are.

In a new REJournals feature, Interra Realty’s Craig Martin makes the case for vintage mid-market assets: stable, attainable rents without the cost structure or timeline of ground-up construction.

If you’re evaluating Chicago multifamily in 2026, the opportunity is in existing stabilized assets, and the demand is real.

Read the full article at ReJournals: https://rejournals.com/tight-vacancy-thin-pipeline-chicago-multifamily-and-its-missing-middle/