Mixed Use Properties for 1031 Exchange in Chicago
Property Type: Mixed Use

Mixed Use Properties for 1031 Exchange

Urban infill assets balancing residential, retail, and office revenue streams. Walkable neighborhoods combining multiple property uses for diversified income and enhanced property values.

Mixed Use Real Estate Investment

Mixed use properties combine residential, commercial, and retail spaces in single developments, creating walkable urban environments that appeal to modern lifestyles. These properties offer diversified revenue streams and enhanced property values through synergistic uses.

The live-work-play concept integrates housing, employment, and entertainment in compact, efficient developments that capitalize on urban revitalization trends and changing demographic preferences.

Mixed Use Benefits

  • Diversified revenue streams reduce concentration risk
  • Synergistic property uses enhance overall value
  • Walkable urban environments appeal to millennials and Gen Z
  • Adaptive reuse opportunities in historic urban cores
  • Development potential in emerging neighborhoods

Chicago Mixed Use Market

Chicago offers exceptional mixed use opportunities with historic architecture, walkable neighborhoods, and ongoing urban revitalization. Properties combining residential units with ground-floor retail and office space create vibrant, sustainable communities.

Our portfolio includes adaptive reuse projects, new developments, and established mixed use properties that balance residential stability with commercial income potential, meeting 1031 exchange investment criteria.

Market Statistics

Residential Rent Growth:3-5% annually
Commercial NOI Yield:4-6%
Combined Cap Rates:4-6%
Urban Revitalization:Strong momentum

Mixed Use Property Configurations

Mixed use properties vary in configuration depending on location, market conditions, and development opportunities.

Residential + Retail

Ground-floor retail with upper-floor residential units

Street-level storefronts, residential apartments above

24/7 foot traffic, residential stability, commercial income

Live-Work Units

Combined residential and office spaces in single units

Flexible floor plans, separate entrances, shared amenities

Creative professionals, urban appeal, flexible occupancy

Vertical Mixed Use

Multiple property uses stacked vertically in buildings

Residential floors, office floors, retail podium

Efficient land use, shared infrastructure, diverse revenues

Adaptive Reuse

Historic buildings converted to mixed use developments

Preserved architecture, modern interiors, historic tax credits

Unique character, community appeal, potential incentives

Transit-Oriented Development

Properties located near public transportation hubs

Walkable access to transit, reduced parking requirements

Sustainability appeal, commuter convenience, urban growth

Neighborhood Centers

Small-scale mixed use developments serving local communities

Local retail, residential units, community services

Community integration, stable demand, local appeal

Mixed Use Properties in 1031 Exchanges

Mixed use properties are attractive 1031 exchange investments due to their diversified revenue streams, urban location appeal, and potential for value-add improvements. The combination of residential stability and commercial income creates resilient cash flow.

Exchange Advantages

  • • Diversified revenue reduces single-tenant risk
  • • Urban revitalization drives property appreciation
  • • Value-add opportunities through renovations
  • • Appeal to modern demographic preferences
  • • Adaptive reuse potential with historic properties

Mixed Use vs Other Types

Revenue Diversification:High
Urban Appeal:Very High
Value-Add Potential:High
Management Complexity:Medium

Related Property Types

If mixed use properties don't match your investment criteria, consider these alternative property types for your 1031 exchange.

Ready to Find Mixed Use Properties?

Contact our Chicago team to discuss mixed use investment opportunities that meet your 1031 exchange requirements. We provide nationwide identification with local market expertise.