How much does a Real Estate Broker make in Chicago, IL? The average Real Estate Broker salary in Chicago, IL is $63,902 as of December 28, 2020, but the salary range typically falls between $56,533 and $80,665. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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What is a Real Estate Broker?

A Real Estate Broker, real estate agent or realtor is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually work under a licensed broker to represent clients. Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. In North America, some brokers and agents are members of the National Association of Realtors (NAR), the largest trade association for the industry. NAR members are obligated by a code of ethics that go above and ...

Source: Wikipedia (as of 09/06/2019). Read more from Wikipedia

See user submitted job responsibilities for Real Estate Broker.

Job Openings for Real Estate Broker in Chicago, IL
Manor Straits - Chicago , IL
Looking to partner with a real estate broker who is well versed in off-market / pocket listings, cold calling, commercial, multifamily real estate. We need someone who loves being on the phones and ...
LinkedIn - 12 days ago
Lovejoy Commercial - Des Plaines , IL
We are a high-profile, fun, fast-paced commercial real estate brokerage company, focused on providing a unique mentorship and training experience to our team of experienced Real Estate Professionals
ZipRecruiter - 24 days ago
Lovejoy Commercial - Chicago , IL
We are a high-profile, fun, fast-paced commercial real estate brokerage company, focused on providing a unique mentorship and training experience to our team of experienced Real Estate Professionals
ZipRecruiter - 24 days ago
Gerrard-Hoeschler, REALTORS® - Chicago , IL
We are looking for a dynamic VP/Managing Broker to work with our knowledgeable management team to lead a new generation of real estate professionals. Candidates must have a proven track record of ...
ZipRecruiter - 47 days ago
Varsity Tutors - Evanston , IL
*#Lombard Real Estate License Tutor Jobs*Varsity Tutors has students in #Lombard looking for Real Estate License exam tutoring. Varsity Tutors is a live learning platform that connects tutors with ...
Varsity Tutors - 23 days ago
Varsity Tutors - Evanston , IL
*#Wheaton Real Estate License Tutor Jobs*Varsity Tutors has students in #Wheaton looking for Real Estate License exam tutoring. Varsity Tutors is a live learning platform that connects tutors with ...
Varsity Tutors - 23 days ago
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Understand the total compensation opportunity for a Real Estate Broker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
56533
80665
63902

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
57886
82474
66084
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Real Estate Broker in Chicago, IL. The base salary for Real Estate Broker ranges from $56,533 to $80,665 with the average base salary of $63,902. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $57,886 to $82,474 with the average total cash compensation of $66,084.

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For a real-time salary target, tell us more about your role in the four categories below.

56533
80665

 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago

Real Estate Broker Salary in popular cities: AuroraRockfordJoliet