Loft Development Corp Salary

Loft Development Corp Salary

How much does the Loft Development Corp Pay for employees?

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As of August 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. Loft Development Corp’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Loft Development Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Loft Development Corp. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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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 market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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Average Salary ($/year)
Loft Development Corp
Business Services
Ocean Real Estate LLC
Studio Sofield Inc
Industry Comparison
Our data shows that, on average, compensation at Loft Development Corp is below the average for the U.S. Business Services industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Loft Development Corp average annual salary with several similar companies. Loft Development Corp average salary of $94,499 is higher than Ocean Real Estate LLC, which has an average salary of $84,152. It is lower than Studio Sofield Inc, with their average salary at $108,149. This places Loft Development Corp in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

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)
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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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