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The Schatz Companies


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The Schatz Companies


The Schatz Companies of Chicago’s Streeterville neighborhood have contributed to the development of the area’s skyline and cultural life since the 1950s.

Jay Jack Schatz initiated the Schatz Companies with his post-war co-ownership of the Chez Paree, Chicago’s famed nightclub that featured the greatest entertaining legends of its era. Jimmy Durante, Sammy Davis, Jr., Sophie Tucker, and Nat King Cole were among the hundreds of luminaries to regularly entertain packed-in crowds at the Chez.

Schatz later participated in the development of numerous hotel and residential real estate projects in Streeterville. He also managed the iconic loft building at the corner of Fairbanks and Ontario Streets now known as the Schatz Building.

Today, the Schatz Companies are a diverse group of real estate development, management, sales, leasing, and hospitality interests, all of which serve Streeterville and the greater Chicago area. Our professionals in real estate development, management, sales, leasing, and hospitality collaborate to develop innovative strategies and experiences. We also proudly support many local non-profits through in-kind and financial contributions.

Currently, the Schatz Companies include Schatz Development, a real estate development firm that focuses on design-driven projects, Domu.com, an online company that has transformed the leasing and apartment search processes for Chicago landlords and tenants, and Schatz Realty, a residential brokerage. Recently, we debuted Chez, an event space just off the Magnificent Mile that provides a contemporary, elegant backdrop for parties, fundraisers, and celebrations. We also own and manage the nearly 100-year old, iconic mixed-use loft building in Streeterville known as the Schatz Building. In addition to housing the Schatz Companies's offices, it is the professional home to many tenants in various creative industries and to restaurants, as well.