Exhibit 23.5
Consent of Independent Valuation Advisor
We hereby consent to (1) the reference to our name (including under the heading “Experts”) and description of our role in the valuation process of any properties of JLL Income Property Trust, Inc. (the “Company”) in the Company's Registration Statement on Form S-11, and the prospectus included therein (the “Prospectus”) and in any future amendments or supplements thereto, and (2) the disclosure on page 96 of the Prospectus and in any future amendments or supplements thereto that the amount presented in the line item “Real estate investments” represents the sum of the estimated values of the Company's properties we have provided to the Company, as of the date presented.
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| /s/ SitusAMC Real Estate Valuation Services, LLC |
| West Des Moines, Iowa |
| December 3, 2024 |
