Indices for the Chicago multifamily real estate market are developed in order to examine the relationship between real property appreciation rates and proximity to a designated tax increment financing (TIF) district. Chicago is a community with a long history of TIF investment and a patchwork of...

The analysis in this article examines the impacts of one of the more prominent economic development tools, tax increment financing (TIF) districts, on the local commercial real estate market. The study area is the city of Chicago, a community with a long history of reliance on TIF districts as a...