Mike Schaeffer

Executive Managing Director • United States

Michael Schaeffer
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225 West Wacker Drive
Suite 3000
Chicago, IL 60606
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Office: +1 (312) 470-1870 x341870

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Mike Schaeffer

Executive Managing Director • United States


Michael Schaeffer is an Executive Managing Director and the Central Area Lead for Cushman & Wakefield’s Valuation & Advisory group, based out of Chicago. He is also the Practice Group Leader for V&A’s Industrial Practice. He is responsible for leading the Midwest Region and U.S. Industrial practice, comprising over 100 professional staff members.

Michael entered the real estate profession in 1984 as an Associate Appraiser for Joseph J. Blake & Associates. In 1985 he joined Cushman & Wakefield’s Valuation & Advisory as an Associate Appraiser, and in 1991 he was elected as an Associate Director. In 1996 he became a Director, in 1998 he became a Senior Director, and in 2001 was elected as a Managing Director, Midwest Region, Cushman & Wakefield of Illinois, Inc. In 2004 Michael was promoted to Senior Managing Director of Valuation & Advisory, Cushman & Wakefield of Illinois, Inc. In 2009, he was promoted to Executive Managing Director/Area Leader of Valuation & Advisory, Cushman & Wakefield of Illinois, Inc.

  • Cushman & Wakefield Chicago Hall of Fame Award (2014)
  • Cushman & Wakefield Achievement Award (2003)
  • Francis Corcoran Award, Outstanding Valuation Advisory Services Manager of the Year (2001)
  • Leading Valuation & Advisory Professional, Nationally (1999)
  • Leading Valuation & Advisory Professional, Nationally (1998)
  • Leading Valuation & Advisory Professional, Midwest Region (1989-2000)
  • Leo L. Majels Award (1993)

  • Designated Member, Appraisal Institute (MAI #11923). As of the current date, Michael Schaeffer, MAI has completed the requirements of the continuing education program of the Appraisal Institute.
  • Fellow, Royal Institution of Chartered Surveyors (FRICS)
  • Illinois Coalition of Appraisal Professionals (ICAP)
  • Certified General Real Estate Appraiser in the following states:
    • Illinois – 553.000885
    • Indiana – CG49300055
    • Iowa – CG01635
    • Kentucky – 000174
    • Michigan – 1201003675
    • Minnesota – 4003277
    • Missouri – RA003028
    • Ohio – 393484
    • Wisconsin – 404-10

Related Insights

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Article • Investment / Capital Markets

Market Matters: Exploring Real Estate Investment Conditions & Trends

Welcome to the latest edition of “Market Matters”; a biweekly perspective of current Capital Markets themes from Cushman & Wakefield's research professionals. In this newsletter, we explore current conditions, short-term developments and long-term economic trends so you can better understand their impact on the real estate investing environment. 
9/18/2023
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U.S. Manufacturing Resurgence?

Disruptions to supply chains across the world have been the norm over the past three years, bringing the impacts of globalization and the importance of well-functioning supply chains into sharper focus.
David Smith • 9/18/2023
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What’s Old is Now New Again: Turning Obsolescence into Opportunity

Built in 1968, 140 Broadway located in New York City is a stunning Class A vintage office building. Although it has stood in the center of lower Manhattan for more than 50 years, thoughtful planning, a clear vision and collaborative partnership have wiped away the years by proactively repositioning this iconic office building with state-of-the-art amenities.
David Smith • 9/12/2023

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