CAMPUS VISITING HOURS BY APPOINTMENT ONLY:

1st-18th each month AM times, M-F

19th-end of the month PM times, M-F

Visiting hours need to be scheduled in advance|

DAILY TEACHING & HOURS OF OPERATION: 9 AM - 9:45 PM, M - F

WE OFFER OVER

25+

PROGRAMS

WE HAVE SERVED

12000+

STUDENTS

VETERAN STAFF

40+ Years

INDUSTRY EXPERIENCE

PROUDLY PROVIDING

23+ Years

OF EDUCATION

CHECK OUT OUR MONTHLY SPECIALS

WHY DO WE STAND OUT ABOVE THE REST?

We are a fully licensed Real Estate School within Illinois, that offers quality, student-centered on-ground (live in person or live webinar), home-study, or online (computer-based reading) real estate classes for real estate brokers, managing brokers, post license and continuing education (CE) throughout the state of Illinois and nationwide online.

We also partner with affiliated schools that provide nationwide education for mortgage brokers and appraisers. In addition, our various affiliates can provide real estate education to assist you in securing licensing in additional states. All of the courses, whether directly through Inland Real Estate School or our affiliates are proven successful and are the best prep resources available to further your career aspirations.

There are a number of real estate school choices capable of helping you to start your new career, however your future is important enough that you’d should not leave the choice to chance. Select a proven provider of quality education and trust only the best real estate school in Illinois.

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You can expect:

Higher than average pass rate on the Illinois state licensed examination

Over 60+ years of combined staff experience providing education and training to the Illinois real estate market

Our school isn’t run by brokers or investors, our team possesses formal educational degrees plus practical real-life experience educating our students.

Our instructors respond to our student’s questions and inquiries in a timely manner and are available via the phone or email

Our updated flexible course options provide our students with the flexibility of selecting a program that meets their schedule and time availability.

Our programs are available through live classroom presentation, live webinar & home study formats.

Our passionate experienced, dedicated faculty has over 40 years of experience in residential and commercial real estate as a broker & managing broker

We have developed programs and effective methods of presentation that are proven to work

Available 1-on-1 tutoring should the student need additional assistance

Whether you are in Inland Real Estate School student or coming to us from another school, we provide real customer service, backed by the guidance you need to get through the program as well as the State exam

The best reading material available in the industry designed to help you understand the concepts to further enhance your understanding in preparation for the state exam

Having a school run and owned by 2 proven successful educators with actual market experience makes all the difference in your learning and passing the state exam; our results and referrals show it

WHY WE ARE DIFFERENT?

Welcome to Inland Real Estate School, Inc. When you invest in us, we will invest 110% in you!

As a new real estate broker, you will need to create your own identity. This will include determining what area you wish to specialize in. Part of that can include referencing your experiences from the school you attended.

Few schools have earned a reputation for supporting their students beyond the completion of their pre-licensing course and inland is the most credited Illinois real estate school when it comes to that stake. Inland Real Estate School has developed a reputation for supporting our students long after they’ve completed their education by providing consulting services focused on helping you develop your reputation and identity in order to enhance your future career.

Welcome to Inland Real Estate School, Inc. When you invest in us, we will invest 110% in you!

As a new real estate broker, you will need to create your own identity. This will include determining what area you wish to specialize in. Part of that can include referencing your experiences from the school you attended.

Few schools have earned a reputation for supporting their students beyond the completion of their pre-licensing course and inland is the most credited Illinois real estate school when it comes to that stake. Inland Real Estate School has developed a reputation for supporting our students long after they’ve completed their education by providing consulting services focused on helping you develop your reputation and identity in order to enhance your future career.

Read More

Our passionate experienced, dedicated faculty has over 40 years of experience in residential and commercial real estate as a broker & managing broker

We have developed programs and effective methods of presentation that are proven to work

Available 1-on-1 tutoring should the student need additional assistance

Whether you are in Inland Real Estate School student or coming to us from another school, we provide real customer service, backed by the guidance you need to get through the program as well as the State exam

The best reading material available in the industry designed to help you understand the concepts to further enhance your understanding in preparation for the state exam

Having a school run and owned by 2 proven successful educators with actual market experience makes all the difference in your learning and passing the state exam; our results and referrals show it

COURSE OFFERINGS

A BRIGHTER FUTURE AWAITS

Illinois Broker
Pre-License

75-HOUR PROGRAM
HOME STUDY

LIVE ONLINE

ILLINOIS MANAGING BROKER

PRE-LICENSE
PROGRAM HOME
HOME STUDY
LIVE ONLINE/CLASSROOM

Illinois Broker
Post License

30-HOUR PROGRAM HOME STUDY LIVE ONLINE/ CLASSROOM COMBINATION

TUTORING STUDY AIDES AND ADDITIONAL SERVICES

ONE ON ONE & GROUP EXAM PREPARATIONS IN-PERSON & WEBINAR

REAL ESTATE INVESTING COURSES

FUNDAMENTALS OF ANALYZING REAL ESTATE INVESTMENTS

COURSE OFFERINGS

A BRIGHTER FUTURE AWAITS

ILLINOIS BROKER PRE-LICENSE

75-HOUR PROGRAM

LIVE ONLINE

ILLINOIS MANAGING BROKER

PRE-LICENSE

45 HOUR PROGRAM

HOME STUDY

LIVEONLINE/CLASSROOM

ILLINOIS BROKER POST LICENSE

30-HOUR PROGRAM HOME STUDY OR

45 HOUR ONLINE/ CLASSROOM COMBINATION

TUTORING STUDY AIDES

ONE ON ONE & GROUP EXAM PREPARATIONS IN-PERSON & WEBINAR

REAL ESTATE INVESTING COURSES

FUNDAMENTALS OF ANALYZING REAL ESTATE INVESTMENTS

NATIONWIDE PRE-LICENSING & CONTINUING EDUCATION

INCREASE YOUR MARKETING EFFORTS, SECURE A LICENSE IN OTHER STATES ACROSS THE COUNTRY

NATIONWIDE MORTGAGE BROKER PRE-LICENSE

CONTINUING EDUCATION NMLS APPROVED VENDOR, MLO ONLINE WEBINARS

NATIONWIDE APPRAISAL & CE

ADD A NEW PHASE AND BECOME A PROFESSIONAL REAL ESTATE APPRAISER

LICENSE RECIPROCITY

ADD AN ADDITIONAL LICENSE TO EXPAND YOUR MARKETING WORLD

SCHOOL PARTNER PAGE FOR INLAND STUDENTS AND FRIENDS

NETWORKING CRITICAL ELEMENT TO BUILDING A SUCCESSFUL CAREER FIND A PROFESSIONAL PARTNER TO HELP FILL THE NEEDS OF YOUR CLIENT

ILLINOIS CONTINUING EDUCATION

12 & 24 HOUR

PROGRAM LIVE ONLINE/CLASSROOM, WEBINAR & HOMESTUDY

NEW BUSINESS SERVICES

START YOUR NEW BUSINESS WITH A LINKEDIN PROFILE, TWITTER, BUSINESS FACEBOOK

MORE COURSES COMING SOON

CHECK BACK OFTEN FOR NEW COURSE OFFERINGS HERE AT INLAND REAL ESTATE SCHOOL

WHAT TO EXPECT FROM OUR REAL ESTATE CLASSES?

  • 24/7 Online Course Access
  • Practice Online Exam Questions
  • Automated Reminders

  • Preparation to Pass the State Exam on First Attempt
  • Progressive Tracking Notification
  • Live Instructor Assistance

FLEXIBLE PAYMENT OPTION

You have options to choose from to pay your tuition

  • CREDIT CARD
  • CHECK
  • MANY CREDIT UNIONS OFFER LIFESTYLE LOANS THAT CAN BE USED FOR EDUCATIONAL PURPOSES
  • PAY WITH AFFIRM-OPPORTUNITY TO QUALIFY FOR 0% INTEREST AND/OR PAYMENT PLAN

  • CASH
  • PAYPAL
  • PAYPAL 6-MONTH NO INTEREST PAYMENT PLAN ONCE QUALIFIED
  • STRIPE

What clients say about us

''By far the best class I have taken. I tried to get my broker license before but gave up because I was not given much instruction not did I have anyone to ask questions to.''

~ Carol F.

''Dave is a very effective teacher! He Makes the information easier to remember with his stories and experience. He teaches at a a good pace and is very accommodating to his students!''

~ Krystle B.

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LATEST BLOGS

LATEST BLOG

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Exploring Historic Property Restoration in Illinois: A Real Estate Niche with a Past

November 29, 20235 min read

Introduction

Dawn over historic Illinois neighborhood, symbolizing the revival of architectural heritage.

Unveiling the Niche Market:

Historic property restoration in Illinois is more than just a real estate venture; it's a journey into the past, reviving and preserving the architectural heritage that defines the state's rich history. Illinois, with its myriad of historic buildings and neighborhoods, offers unique opportunities for those passionate about bringing new life to old structures. This blog post explores the world of historic property restoration, highlighting the financial incentives, challenges, and transformative impact these projects can have on communities across Illinois.

Historic Illinois: A Land of Opportunity

From the grandeur of Chicago's storied buildings to the quaint charm of rural heritage homes, Illinois is a tapestry of architectural history waiting to be rediscovered and revitalized. Each restoration project is not just about preserving a building; it's about keeping a piece of history alive, contributing to community identity, and fostering economic growth through heritage tourism and increased property values.

Collage of historic buildings in Illinois, showcasing architectural diversity.

Financial Incentives and Resources

Overview of Financial Incentives for Building Rehabilitation:

  • Tax Incentives: Illinois offers a range of tax incentives for rehabilitating historic properties. These include a 20% federal rehabilitation income tax credit for historic, income-producing properties and a 25% state rehabilitation income tax credit in specific zones. There's also a property tax assessment freeze program for historic, owner-occupied residences​​.

  • Additional Income Tax Credits: The Illinois Housing Development Authority administers affordable housing income tax credits, which can be paired with the federal rehabilitation tax credit when rehabilitating historic buildings for affordable housing​​.

Non-Historic Building Incentives:

  • 10% Rehabilitation Income Tax Credit: This federal credit is available for rehabilitating non-historic buildings built before 1936, helping to reduce building owners’ federal income taxes​​.

Disabled Access and New Markets Credits:

  • 50% Disabled Access Income Tax Credit: This IRS program offers tax credits for making business properties handicap accessible​​.

  • New Markets Income Tax Credits: Aimed at investments in distressed areas, this program provides a credit totaling 39% of the investment cost over seven years​​.

Local Incentives and Property Tax Reductions:

  • Cook County Class 'L' Property Tax Incentive: This program offers reduced property tax assessments for qualifying landmark buildings undergoing substantial rehabilitation​​.

  • Local Incentives: Various local incentives exist, such as grants and low-interest loans funded from special taxes or economic development districts like TIF districts and Special Service Areas​​.

Loan and Grant Programs:

  • 203(k) Rehabilitation Loan Program: This HUD-administered program allows owners to finance both the acquisition and rehabilitation of a home​​.

  • Landmarks Illinois Grant Programs: These programs assist historic structures with specific rehabilitation needs​​.

Artistic blend of financial symbols and historic buildings, representing restoration incentives.

Challenges and Opportunities in Historic Property Restoration

1. Challenges in Adaptive Reuse:

  • Sustainable Design and Preservation Integrity: A key challenge in historic property restoration is balancing sustainable design goals with maintaining the building's historic integrity. For instance, the Tiger Senior Apartments project in Paris, Illinois, faced challenges incorporating sustainable design features like insulation and energy-efficient systems while preserving the interior's historic character​​.

  • Funding and Timelines: Another major hurdle is the funding and cost factor, especially for affordable housing projects. The process of receiving funding approval, closing deals, and completing construction can be lengthy and deter community leadership from undertaking such projects​​.

2. Opportunities in Historic Buildings:

  • Adaptive Reuse for Affordable Housing: There is a significant opportunity to use historic buildings for affordable housing projects. A wide variety of historic eligible buildings across Illinois, such as old school buildings and industrial structures, are excellent candidates for adaptive reuse. This approach not only preserves community history but also promotes sustainability​​.

3. Policy Recommendations for Easier Adaptation:

  • Expanding Tax Credits and Incentives: To facilitate the adaptive reuse of historic buildings, expanding the Illinois Historic Preservation Tax Credit and creating a statewide low-income housing tax credit would be beneficial. Additionally, providing more flexibility in preservation requirements for elements like windows and flooring can help reduce the costs of historic building rehabilitation, making these projects more appealing to both HUD and private developers​​.

Contrast of historic building in restoration and modern eco-friendly structure.

Conclusion

As we've explored in this blog, historic property restoration in Illinois is not just about preserving bricks and mortar; it's about reviving the soul of our communities. The successful case studies we've highlighted, from the MOJO Museum to the Old Cook County Hospital, are testimonies to the resilience and adaptive potential of these historic structures. They serve as beacons of hope and inspiration, showing how revitalizing our past can breathe new life into our present.

Financial Incentives as Catalysts:

The various financial incentives and resources, from federal tax credits to local grants, play a pivotal role in making these restoration projects feasible. They not only offer financial relief but also encourage investment in properties that might otherwise be overlooked. It's through these incentives that the daunting task of restoration becomes an attainable dream for many.

Challenges as Stepping Stones:

While the journey of restoring historic properties comes with its unique set of challenges, these obstacles pave the way for innovation and creative solutions. Challenges like balancing modern sustainability with historical integrity, and navigating complex funding processes, are essential learning experiences that help refine and improve our approaches to preservation.

This exploration of historic property restoration in Illinois is more than just an overview of a niche real estate market. It's a call to action for all who value our cultural heritage and the stories embedded in our architectural landscapes. Whether you're a developer, a community leader, or simply someone who appreciates the beauty and history of old buildings, there's a role for you in this endeavor.

Embracing the Future with Respect for the Past:

As we look forward, let's not forget the importance of our past. Investing in historic property restoration is not just an investment in real estate; it's an investment in our history, our culture, and our communities. Let's join hands in preserving the rich architectural legacy of Illinois, ensuring that these historic gems continue to shine for generations to come.

Twilight over Illinois' historic buildings, reflecting the blend of history and modernity.
Community RevitalizationPreservation ChallengesFinancial IncentivesArchitectural HeritageIllinois Real EstateHistoric Property Restoration

Cecilia Grayeb

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I'm so glad I chose Inland! Dave McGowan is the best instructor I've ever had in my entire educational career. The amount of knowledge he has about real estate is unbelievable!


David Becker

Had a wonderful experience and Dave is always available to help and answer questions. Great instructor! We had a great class too!


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TESTIMONIALS

What Our Student Have To Say

I really enjoyed my time at Inland, and i would recommend the school to anybody that i know looking for a school to study real estate license courses.


Fadilah Salim

Dave is a very effective teacher! He Makes the information easier to remember with his stories and experience. He teaches at a a good pace and is very accommodating to his students!


Krystle B.

By far the best class I have taken. I tried to get my broker license before but gave up because I was not given much instruction not did I have anyone to ask questions to.


Carol F.

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2901 Butterfield Rd, Oak Brook, IL 60523, USA

On-site classroom courses

2901 Butterfield Rd

Oak Brook IL 60523

Toll Free 877-990-8409

Campus Visiting Hours by appointment only:

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19th-end of the month PM times, M-F

Visiting hours need to be scheduled in advance

Email:

school@inlandreschool.com,

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Daily Teaching & Hours of operation:

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