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Kretchmer Associates

Kretchmer Associates

  • About Us
    • Our Process
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    • Affordable Housing
    • Market-Rate Residential
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Case Studies

We’ve worked in more than 300 municipalities across the Midwest.

We prepare comprehensive market studies for developers, lenders, public housing authorities, state housing finance authorities, and municipalities – and we’re proud that our work helps clients understand market needs, secure funding, and obtain municipal approvals.

Browse featured projects across affordable, senior, and market-rate housing – as well as commercial, retail, and industrial development. Then contact us to discuss how we can add value to your project.


Affordable Housing
Commercial & Retail
Industrial
Market Rate Residential
Senior Housing
Chicago Heights Zoetis
Comprehensive Plan Industrial Market Analysis - Chicago Heights, IL
Read how we helped the Chicago Metropolitan Agency for Planning and the City of Chicago Heights prepare its Industrial Sub-Area plan.
Downtoan Peoria Cooperage
Downtown Development Corporation of Peoria - Peoria, IL
Read how our market studies helped the Greater Downtown Development Corporation revolutionize downtown housing options.
Olympia Fields
Economic Development Strategy - Olympia Fields, IL
Read how our market analysis and economic development strategy helped the Village of Olympia Fields target hotel and restaurant opportunities.
Galewood Armitage Industrial Corridor
Galewood-Armitage Industrial Corridor - Chicago, IL
Learn how we helped the City of Chicago Department of Planning and Development understand opportunities in an industrial area.
Jefferson Park Plaza
Jefferson Park Transit-Oriented Development Plan - Chicago, IL
Learn how our market analysis delivered an economic reality check for a transit-oriented development plan on the northwest side of Chicago.
Milwaukee Ave Apartments
Milwaukee Avenue Apartments - Chicago, IL
Learn how we helped Full Circle Communities gain approval for a 32-unit building on Milwaukee Avenue in the Avondale neighborhood on the northwest side of Chicago targeting low-income adults with physical disabilities.
Orland Park Ninety7fifty
Ninety7Fifty On The Park - Orland Park, IL
Learn how we helped Flaherty and Collins obtain approval and financing for 295 luxury apartments in Orland Park.
North 30th Street Transformation Plan - Omaha, NE
Read how we helped with an application for a HUD Choice Neighborhoods Implementation grant in Omaha.
Downtown Wheaton
Retail and Office Zoning Recommendations - Wheaton, IL
Find out how we worked with Camiros to analyze the retail and office market in the City of Wheaton in order to prepare zoning recommendations.
Hillside Plan SCB
Roosevelt Road Redevelopment Plan - Hillside, IL
Learn how we assisted the Village of Hillside plan for redevelopment of a flood-prone area.
Rosenwald Courts
Rosenwald Courts Apartments - Chicago, IL
Learn how we assisted the developer in bringing this historic property back to life.
Belmont Village
Senior Housing Needs Study - Northwest Chicago Suburbs
Discover how our work helped 5 Chicago municipalities collaborate to meet senior housing needs.
Silver Birch Michigan City
Silver Birch Affordable Assisted Living Facilities - Indiana
Learn how we assisted Vermilion Development in selecting locations for affordable assisted living in Indiana.
Skilled Nursing Facility Assessments – Illinois
Cje Senior Life Banner Development Deerfield
Tamarisk Senior Apartments - Deerfield, IL
Read how we helped CJE SeniorLife and Banner Development gain municipal approval for an independent living facility aimed at Jewish seniors.
Villas Of Lake In The Hills
The Villas of Lake in the Hills - Lake in the Hills, IL
Find out how our market study helped developer DKI obtain tax credits for affordable housing in The Villas of Lake in the Hills.
Franklin Park Bretford Manufacturing
Village of Franklin Park Comprehensive Plan - Franklin Park, IL
See how we helped guide industrial attraction and retention efforts to help the Village capitalize on its proximity to O’Hare Airport.
Watermark - Elgin
Watermark at the Grove - Elgin, IL
Learn how we helped the developer obtain HUD financing for Watermark at the Grove.
Woodridge Horizon
Woodridge Horizon - Woodridge, IL
Learn how we helped the Village and developer apply for and receive tax credits for senior housing.

This map shows the breadth of our experience.

Tina Pourroy

We use Kretchmer Associates to perform the market study for all of our tax credit development projects. They are always professional and thorough and they know exactly what the Illinois Housing Development Authority and the Federal Home Loan Bank are looking for. It’s a slam dunk with Kretchmer Associates!

Tina Pourroy
Housing Authority of Joliet

Michael J. Freilinger

Based on several recommendations, we selected Kretchmer Associates to conduct a downtown residential market study in 2016. Unlike our previous studies which did not lead to further development, Kretchmer Associates identified the true market demand at market rates that would encourage development. Based on this report, within 18 months we had 5 completed projects, and best of all: Kretchmer Associates’ analysis was spot on. We have since used Kretchmer Associates to update our downtown residential market study, as our development community has confidence in their analysis.

Michael J. Freilinger
Downtown Development Corporation of Peoria

Darrin Jolas

Without a doubt, the success we have experienced in developing our affordable assisted living platform is in no small measure attributable to Kretchmer Associates. Their market analysis on a state-wide level guided us to certain markets, while their insights into particular sites helped define our success. We are working to develop our tenth Silver Birch Living community in the State of Indiana. Valerie and her team are directly linked to that progress.

Darrin Jolas
Vermilion Development

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Kretchmer Associates
807 Davis Street #2004
Evanston, Illinois 60201-7103
(847) 864-8895
vsk@kretchmerassociates.com

About Us

Founded in 1985, Kretchmer Associates is a certified WBE with expertise in all aspects of residential, retail, commercial, and industrial real estate analysis in the Chicago metro area and throughout the rest of Illinois, Indiana, Wisconsin, Iowa, Missouri, Kansas, Nebraska, and Minnesota.
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