Loft Development Corp Salary

Loft Development Corp Salary

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As of July 2026, the average annual salary for employees at Loft Development Corp in the United States is $94,499. This translates to an approximate hourly wage of $45. Salaries at Loft Development Corp typically range from $83,049 to $106,904 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Loft Development Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Loft Development Corp. Based on our data, the highest paying job is the President, with an annual salary of $731,509. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Loft Development Corp

Ready for your next career move? Explore current job openings at Loft Development Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Loft Development Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Loft Development Corp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Ocean Real Estate LLC $84,152
-11.0%
Ocean Real Estate LLC operates with a leaner overhead structure, impacting base wage offers.
Studio Sofield Inc $108,149
+14.4%
Driven by niche technical certifications required for Studio Sofield Inc's specialized projects.
Mietzner Group $96,609
+2.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Velocity Search Group Inc $88,814
-6.0%
Velocity Search Group Inc may offer non-monetary perks in lieu of competitive base salaries.
Business Services Industry $120,931
+28.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Loft Development Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Loft Development Corp. Click a company name to learn more.

Employee Reviews: Working at Loft Development Corp

Considering a career at Loft Development Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I've experienced significant professional growth here. Communication was professional though sometimes we expect more than we'd prefer. They encourage professional and personal development. It's rewarding to work somewhere that truly values its clients.
Commented in April 14, 2025
45
0
Workload varies by client and season, which can be both challenging and motivating. Working here has allowed me to stretch my abilities and explore new paths I hadn’t considered before. My first week included a comprehensive orientation, assigned mentor, and gradual ramp-up of responsibilities. It’s a great motivator and makes you feel like a valued part of the team. Leadership is transparent abou...
Commented in August 15, 2024
45
1
It's clear this isn't just lip service - real progress is being made. Leadership understands the importance of rest and recharging. I feel appreciated and recognized regularly for my contributions.
Commented in March 12, 2024
27
3

Loft Development Corp Overview

Website
www.loftdevelopment.com
Founded In
1978
Employees
<25 employees
Industry
Business Services
Headquarter Address
901 W Jackson Blvd Chicago Illinois IL 60607
Revenue
$5 Million - $10 Million
Phone Number
+1 3126330566
Social Media
About Loft Development Corp
Loft Development Corporation is a commercial real estate firm in Chicago and has been in business since 1978. Loft employs approximately 25 people and currently owns and manages six commercial office buildings, plus two self storage/wine storage businesses under the brand Strongbox. Loft has a rich history as an innovator and leader in Chicago real estate development. The company was an early pion

What Benefits Does Loft Development Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Loft Development Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Loft Development Corp?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Loft Development Corp.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Loft Development Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Loft Development Corp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Loft Development Corp

1. What is the estimated average total compensation at Loft Development Corp?

Salary.com estimates that the average total compensation package at Loft Development Corp, which can include base salary, potential bonuses, and benefits, is around $94,499 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Loft Development Corp pay compared to Ocean Real Estate LLC?

The average annual salary at Loft Development Corp is $94,499, or an hourly wage of $45, in comparison to Ocean Real Estate LLC which pays $84,152 per year or $40 per hour.

3. Do salaries differ significantly between departments at Loft Development Corp?

Yes, salaries often differ between departments at Loft Development Corp due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Loft Development Corp?

Salary progression from an entry-level to a senior role at Loft Development Corp can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Loft Development Corp in Chicago is fair given the local cost of living?

To determine if a salary offer from Loft Development Corp in Chicago is fair, first compare the gross salary to our data for similar roles at Loft Development Corp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Are promotions at Loft Development Corp usually accompanied by a significant salary increase?

Yes, promotions at Loft Development Corp are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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