Why cost segregation works in Illinois
Illinois centers on Chicago — one of the largest U.S. industrial and multifamily markets. High state income tax rates make federal cost segregation deductions particularly valuable. An engineering-based cost segregation study reclassifies components of your Illinois property from 27.5- or 39-year real property into 5-, 7-, and 15-year MACRS class lives. Under the One Big Beautiful Bill Act (OBBBA), 100% bonus depreciation has been restored for qualifying property acquired and placed in service after January 19, 2025 — meaning every dollar of accelerated property identified can be deducted in year one.
Major Illinois markets we serve
- Industrial and logistics in Chicago and I-55/I-80 corridors
- Class A multifamily across Chicago MSA
- Medical office and adaptive-reuse in urban submarkets
Every Illinois study is built off engineering takeoffs, RSMeans cost data, and the IRS Cost Segregation Audit Techniques Guide methodology.