2023 Most Focused Master’s Degree Colleges for Real Estate in Illinois

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Schools for a Master’s Highly Focused on Real Estate Major in Illinois” ranking is one tool we have developed to help in this regard.

Real Estate is the 155th most popular major in the country with 6,547 degrees awarded in 2020-2021. In 2019-2020, real estate graduates who were awarded their degree in 2017-2019, earned an average of $60,568 and had an average of $21,484 in loans still to pay off.

Across Illinois, there were 72 real estate graduates with average earnings and debt of $92,303 and $0 respectively. At the master’s degree level specifically, there were 22 real estate graduates with average earnings and debt of $59,317 and $0 respectively.

For this year’s “Schools for a Master’s Highly Focused on Real Estate Major in Illinois” ranking, we looked at 4 colleges that offer a degree in real estate. This a ranking of the schools where the largest percentage of students has enrolled in real estate.

See our ranking methodology to learn more.

More Ways to Rank Real Estate Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Schools for a Master’s Highly Focused on Real Estate Major in Illinois” list, to help you choose the best school for you.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Schools for a Master’s Highly Focused on Real Estate Major in Illinois

The colleges and universities below are the best for illinois master’s degree real estate students.

Top 4 Most Focused Master’s Degree Colleges for Real Estate in Illinois

1

Roosevelt University
Chicago, Illinois

You’ll be in good company if you decide to attend Roosevelt University. It ranked #1 on our 2023 Schools for a Master’s Highly Focused on Real Estate Major in Illinois list. Located in Chicago, Illinois, this small private not-for-profit school awarded 6 degrees to qualified masters’s real estate students in 2020-2021.

Read full report on Real Estate at Roosevelt

2

DePaul University
Chicago, Illinois

#7 overall quality in Illinois

$92,303 Average Early-Career Earnings

Out of the 4 schools in the Schools for a Master’s Highly Focused on Real Estate Major in Illinois that were part of this year’s ranking, DePaul University landed the #2 spot on the list. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s real estate degrees to 16 students in 2020-2021.

The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Real Estate at DePaul

3

Northwestern University
Evanston, Illinois

#1 overall quality in Illinois

Out of the 4 schools in the Schools for a Master’s Highly Focused on Real Estate Major in Illinois that were part of this year’s ranking, Northwestern University landed the #3 spot on the list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 0 masters’s degrees in 2020-2021.

The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The undergrad student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.

Read full report on Real Estate at Northwestern

3

University of Illinois at Chicago
Chicago, Illinois

#10 overall quality in Illinois

Out of the 4 schools in the Schools for a Master’s Highly Focused on Real Estate Major in Illinois that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. UIC is a large school located in Chicago, Illinois that handed out 0 masters’s real estate degrees in 2020-2021.

The low undergrad student loan default rate of 2.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Real Estate at UIC

• Most Focused Master’s Degree Colleges for Real Estate in the Great Lakes Region
• Most Focused Master’s Degree Colleges for Real Estate

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Avg Salary and Avg 4-Year Grad Rate are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to Godrej Mamurdi Pune.