Real Estate Accounting for Chicago Investors

Real estate accounting for Chicago investors. Bookkeeping, tax, and syndication support for multifamily and industrial portfolios.

What We Do

We provide real estate accounting for investors in Chicago. Monthly bookkeeping, tax preparation, syndication and fund accounting, and the investor reporting infrastructure that sponsors need. The financial work that keeps your portfolio running without you spending nights in spreadsheets.

Chicago is one of the largest real estate markets in the country, with significant activity in multifamily and industrial. As a real estate accounting firm, we work with investors across these asset classes and others, handling the books so you can focus on deals and operations. Everything happens remotely, and every engagement is led by the founder with direct access throughout.

Monthly Bookkeeping

Your books closed every month. Transactions categorized, bank and loan accounts reconciled, property-level profit and loss statements delivered. Clean financials for lenders, investors, and your own decision-making.

Syndication & Fund Accounting

Fund and entity accounting for sponsors and syndicators. Dedicated books per entity, investor capital accounts, waterfall calculations, distribution tracking, and the reporting your LPs expect. The back-office layer that sits above your properties.

Tax Preparation

Federal and state returns for investors and their entities, prepared by the firm’s in-house CPA. Partnership returns, K-1s for your investors, and multi-state filings when you own across state lines. The books and returns are coordinated under one roof.

Catch-Up & Clean-Up

If your books are behind or were never set up right for real estate, we get them current and accurate first. Reconcile every account, fix the chart of accounts, catch missed depreciation, and tie everything to your prior returns. Then we move to ongoing monthly service.

Chicago Real Estate Investors We Work With

Chicago continues to move up the rankings as a real estate investment market. The multifamily sector draws capital from around the country, and the industrial and logistics market benefits from Chicago’s position as a distribution hub. That means more investors, more deals, and more complex accounting needs.

We work with Chicago investors at different scales. From a handful of rental properties held across a few LLCs to larger syndicated portfolios with dozens of investors. The common thread is that the portfolio has grown past the point where QuickBooks and a tax preparer are enough, and you need someone who actually understands real estate.

Multifamily Owners & Operators

Garden-style communities, mid-rise buildings, and value-add deals across Chicago and the suburbs. We handle multifamily accounting with property-level reporting, operating and reserve account reconciliation, and the financial statements your lenders and equity partners need.

Syndicators & Fund Managers

Sponsors raising capital for Chicago deals. We maintain the capital accounts, calculate distributions against your waterfall, produce investor reports on a consistent schedule, and coordinate K-1 delivery. The infrastructure that keeps your investors informed and your next raise credible.

Industrial Investors

Warehouse, logistics, and flex space across the Chicago metro. We track lease terms and recoveries, handle debt and lender reporting, and produce property-level statements. The accounting framework works the same whether you own one building or a portfolio across multiple entities.

Portfolio Owners

Investors with holdings across multiple properties and entities who need a consolidated view. We set up entity-level books, track debt and obligations across the portfolio, and give you reporting that shows how the whole thing is performing. Built for the point where the portfolio outgrows a simple bookkeeper.

Common Questions

Do you work with Chicago investors remotely?

Yes. We're a fully virtual firm and work with real estate investors across the country. Chicago clients get the same direct access to the founder and the same hands-on service as everyone else.

What does real estate bookkeeping cost?

Monthly bookkeeping starts at $500. Your price depends on the number and type of assets in your portfolio and the scope of work. We quote a flat monthly rate after reviewing your situation.

Can you handle syndication accounting and investor reporting?

Yes. A large part of what we do is syndication and fund accounting. Capital accounts, waterfall calculations, investor reporting, and K-1 preparation. The back-office work sponsors need to keep investors informed and compliant.

Do you work with industrial properties?

Yes. We work across asset classes including industrial, multifamily, retail, office, and short-term rentals. Chicago has a significant industrial market and we're set up to handle the accounting for those portfolios.

What if my books are behind or were never set up properly?

That's common. We do catch-up and clean-up work to get your books current and accurate before moving to ongoing monthly service. Most clients start there.

Boutique Real Estate Accounting Firm