Tri-State Realty, Inc. Is Your Trusted Partner For
Commercial, Industrial, Office & Land Brokerage
Tenant/Buyer Representation & Advisory Services
35 Years of Service to the Business Community in Northern Illinois and Southeast Wisconsin
History and Leadership
Founded in 1989, Tri-State Realty, Inc. (TSR) is a full-service entrepreneurial real estate firm, locally owned and specializing in commercial and industrial properties, based in Lake County, IL, and licensed in Illinois and Wisconsin. Celebrating 35 years of success, TSR offers comprehensive real estate services, including office and industrial sales and leasing, land brokerage, investment sales, tenant/buyer representation, build-to-suit projects and advisory services.
After thriving careers at a large national real estate firm, Robert Elbrecht, President, and Victoria Elbrecht, established TSR to prioritize long-term client relationships over transaction-driven models. From their base in Lake County, IL, their leadership has shaped a full-service entrepreneurial real estate firm renowned for professionalism, trust, and deep market expertise along the I-94 Tri-State Corridor from Chicago to Milwaukee Metro Areas, serving Lake, McHenry, Cook and DuPage Counties in Illinois, as well as Kenosha, Milwaukee, Racine and Walworth Counties in Wisconsin.
Now, with 35 years of proven experience, Tri-State Realty stands as a leading full-service entrepreneurial real estate firm in commercial, industrial, office, and land transactions across Illinois and Wisconsin. Clients—from entrepreneurs and family-owned businesses to corporations—rely on our expertise for property acquisition, disposition, marketing, leasing, and sales.
Comprehensive Services
As a full-service entrepreneurial real estate firm, Tri-State Realty offers customized solutions tailored to your business needs across Illinois and Wisconsin:
- Office & Industrial Sales and Leasing: Expert brokerage for office spaces and industrial facilities.
- Land Brokerage: Sourcing and securing prime land for development.
- Investment Sales: Strategic transactions for property investments.
- Tenant/Buyer Representation: Advocating for your interests in leasing or purchasing.
- Build-to-Suit Projects: Coordinating custom property development from concept to completion.
- Advisory Services: Data-driven market analysis, site selection, and relocation guidance.
Our hands-on approach, backed by decades of experience, market data, and strategic marketing, ensures exceptional results. Whether selling, leasing, or acquiring property, TSR provides personalized, data-driven strategies to align with your goals.
Why Choose Tri-State Realty?
With 35 years of experience and a steadfast commitment to integrity, expertise, and client success, Tri-State Realty is your trusted full-service entrepreneurial real estate firm in Illinois and Wisconsin. Based in Lake County, IL, our deep industry knowledge and relationship-driven approach empower clients to navigate complex commercial, industrial, office, and land transactions with confidence.
Whether expanding, relocating, or seeking strategic guidance, TSR delivers the market insight and personalized service to help your business thrive across Illinois and Wisconsin. As trusted advisors based in Lake County, IL, we provide tailored solutions to support your goals, ensuring a seamless and successful outcome. We’re ready to elevate your next project—contact us today!
Robert Elbrecht
President & Owner, Tri-State Realty, Inc.
Robert Elbrecht, President and Owner of Tri-State Realty, Inc., is a highly accomplished commercial, industrial, office, and land broker with decades ofexpertise. He began his real estate career in 1982 as an Asset Manager in the Trust Real Estate Division at Northern Trust Bank of Chicago, where he managed a diverse portfolio of real estate properties. This experience provided him with a deep understanding of property management, investment strategies, and market analysis, ultimately leading to his founding of Tri-State Realty.
With extensive market knowledge, strong negotiation skills, and an analytical approach, Robert has successfully handled a wide range of transactions, from large-scale industrial developments tocorporate office relocations, land acquisitions, and property investments. His ability to identify opportunities and deliver strategic real estate solutions has positioned him as a trusted advisor to his clients.
Robert has built long-term relationships by understanding his clients’ goals and simplifying complex real estate concepts into clear, actionable strategies. He has consulted with national and international corporations, private investors, developers, family-owned businesses, and landowners, guiding them through real estate challenges with confidence.
Robert takes a supportive and client-focused approach, ensuring that every transaction is handled with integrity and professionalism. His commitment to ethical business practices and results-driven solutions has earned him the loyalty and respect of his clients. He has represented or completed transactions involving office, industrial, and land purchases, leasing, tenant/buyer representation, and build-to-suits for major corporations, financial institutions, manufacturers, developers, and privately held firms. Click here to see the list.
Victoria Elbrecht
Senior Vice President, Tri-State Realty, Inc.
Victoria Elbrecht, a seasoned commercial real estate broker with decades of expertise, leverages her strengths in land marketing, site selection, and business development to provide strategic real estate solutions at Tri-State Realty. She specializes in land transactions, highest and best use analysis, and site selection, having facilitated thousands of acres of transactions across all categories. In addition, she collaborates with Robert Elbrecht in marketing Tri-State Realty’s exclusive properties.
Victoria has been instrumental in Tri-State Realty’s growth through strategic business development and professional networking. Over the years, she served on the Lake County Economic Development Committee, was a founding board member of Lake County Partners, and was a board member of the Lake County and Gurnee Chambers of Commerce.
Beyond real estate, Victoria is passionate about mentoring and community engagement. She has served on nonprofit and charitable arts boards, working to support families and strengthen communities. She has mentored thousands of women, empowering them to start and grow their own microbusinesses by providing encouragement, guidance, and support to achieve financial independence as entrepreneurs.