-2.9 C
Chicago
Monday, January 23, 2023

Property Management Companies In Chicago

Is Property Management Worth The Cost

How to Choose a Chicago Property Management Company

Property managers arent cheap, but theyre a worthwhile investment in many cases. Managing a rental property requires time, experience, diligence, and attention to detail. Professional property managers can assist new landlords and long-term investors who have a growing portfolio of rentals. Theyre also valuable partners for individuals who work full time, live out of state, or want to enjoy the financial rewards of an investment property without added stress and anxiety.

Propertyhill Real Estate Management Co

PropertyHill Real Estate Management provides full-service real estate management solutions for residential properties and association management to residential communities throughout Chicago.

  • Address: 4403 W Lawrence Ave, Suite 209, Chicago, IL 60630
  • Phone: 312-414-1105
  • Better Business Bureau: N/A
  • Management Fee: Contact for pricing

PropertyHill is a comprehensive real estate management company that can help you buy rental properties, lease your property, or manage your community thanks to an extensive suite of services. They offer market analysis that helps you create a plan & budget for your investment, including a rental analysis to pinpoint the ideal listing price that offers the maximum ROI. As part of their full-service management, they handle finding a tenant, maintaining your property, and compiling financial reports so you can avoid day-to-day responsibility while staying informed at any time. Association board members can also receive the same daily management services in addition to administrative, maintenance, and financial management which helps to organize the board, ensure all rules & regulations are being followed & enforced, create financial reports, draft a budget, take care of the common area maintenance, oversee major projects in the community, and more.

Medallion Property Management Llc

Medallion Property Management works with both residential and commercial property owners & investors throughout Chicago, providing full-service management for all types of property.

  • Address: 10805 S Halsted St, Chicago, IL 60628
  • Phone: 847-674-5472
  • Better Business Bureau: N/A
  • Management Fee: 8 10% of monthly rent, depending on exact services provided

You May Like: Wedding Photographers In Chicago Il

Mtd Property Management Inc

MTD Property Management is a smaller-scale management company with more than 25 years of experience providing full-service residential management to Chicago property owners.

  • Address: 4507 N. Lincoln Ave, Chicago, IL 60625
  • Phone: 773-290-1100
  • Better Business Bureau: A+
  • Management Fee: Contact for pricing
  • Better Business Bureau: A+
  • Management Fee: Contact for pricing

Prairie Shores Property Management

Must

Prairie Shores Property Management boasts over 40 years of property management experience and has been recognized for its good work by the National Trust for Historic Preservation, and the Illinois Chapter of the Community Associations Institute. It provides owners with timely, monthly reports on occupancies and payments and assistance with tax filing, as well as 24/7 emergency maintenance support. The group also works with a large network of vendors for owners to choose from for maintenance work so owners retain control of who works on their property. The company maintains an A+ rating with the Better Business Bureau….Read More

Also Check: Art Institute Chicago Gift Shop

Identifying The Best Tenants

The next step for property management companies in Chicago is to identify the best tenants. To attract the best tenants for your building, it is important to have enough units in an area to fill with people who will take care of your property. We have made it one of our top priorities to ensure our clients are properly represented in local rental markets, so we have developed relationships with brokers in our area that allow us to secure the right tenants for your property. Home365 property management will work closely with you when screening potential tenants to ensure they fit your ideal criteria. We will collect information on criminal background, income verification, and direct conversations with past landlords to create a full picture of your ideal tenant. Once we have identified your most likely candidates, we will provide you with a rental estimate based on their projected income at the property. Tenant placement is an important process to complete before moving forward with property management in Chicago, but it is only part of the picture.

Home3: Out Of All The Property Management Companies In Chicago Everyone Talks About One

Of all the Property management companies in Chicago, Home365 is the dedicated one you want. We offer top-tier service at affordable prices. This is made possible through improved technology, the streamlining of processes, and the utilization of industry-leading systems for accounting, tracking maintenance schedules, tenant management, administration interface with clients, and much more. By using our own in-house developed software platform to manage properties, we have taken a huge burden off the shoulders of property managers in Chicago and real estate investors looking for premier property management companies in Chicago.

Other companies offer property management in Chicago, but none of them compares to Home365. We are dedicated to providing top-tier service while making the process easy for our clients. If you are considering us to handle your property management in Chicago, our eight-step process will walk you through what to expect for a seamless experience that is unmatched in the industry.

Read Also: Hilton Garden Inn Chicago Downtown Riverwalk

Welcome To Marblestone Property Group Llc

We specialize in full service property management and real estate services to fit your needs as a landlord, home owner or investor. We tailor our services to ensure that you have the highest level of service for your asset. We treat your income producing asset as our own.

We also offer tenant placement services to help you find the perfect rental home. Whether you are looking for a single family home, townhouse or condo, we will have one of our dedicated team members work with you to find the best home for your needs. Start your search today by viewing our current homes for rent and by inquiring for more information.

Tall Grass Of Crown Point

Can smaller housing providers benefit from CICs property management training?

The new Crown Point development is situated on approximately 20 acres in unincorporated Lake County, Indiana. The new subdivision will be located at 6120 West 125th Avenue, Crown Point. The subdivision will offer large 1-acre homesites serviced by well and septic. Situated in a stable community in Lake County, Indiana, this community offers quality schools. Crown Point Community School was named as Indiana Performance Qualified School District for multiple years. Major roads and interstate 65 are nicely accessible for convenience.

Don’t Miss: What’s The Weather Tomorrow In Chicago

Chicago Il Property Management At It’s Finest

RentalMarketing

Everyday that your property sits vacant is lost rent that you will never recover. Our goal is to get your property leased as quickly as possible.

Maintenance

Tenants can submit maintenance requests online through their tenant portal or call our 24/7 emergency maintenance line.

TenantScreening

Proper screening of tenant applications is the most important job of a property manager or landlord. Thorough screening upfront prevents so many problems.

Inspections

We do inspections that include photos so that the condition of your property is properly documented.

RentCollection

Timely rent collection is essential to having a successful investment property. We offer our tenants. All of our tenants have an online portal for automatic payments.

Enforcement

Lease violations can result in damages or quickly escalate tensions with neighbors or your HOA.

Let Us Manage Your Chicago Rental Property

Having a successful Chicago rental property requires a lot of time, effort, experience and knowledge. As a full service Chicago property management company, our team is responsible for taking care of all aspects of managing your rental.

GCR& D provides Chicago property management services for all Residential Properties in the Chicago West & Northwest Suburbs to include Kane County, DuPage County, Western Cook County and parts of McHenry County and Lake County.

If youre not 100% sure that your current Chicago property management property manager is doing a good job, then theyre probably not. Contact us for a free quote and start getting the returns you deserve!

You May Like: Chicago Board Of Trade Wheat

Keyrenter Property Management Chicago Metro

Keyrenter Property Management Chicago Metro works with residential property owners throughout Chicago to offer value-based services.

  • Address: 1010 Lake St. Suite 200, Oak Park, IL 60301
  • Phone: 708-435-2900
  • Management Fee: 7 10% of monthly rent
  • Tenant Placement Fee: 1 months rent
  • Lease Renewal Fee: $250
  • Miscellaneous Fee: $95 set-up fee, $95 inspections

Keyrenter Chicago Metro helps to save you time, money, and stress by providing you additional value with their management services, helping to minimize the financial risk of leasing your property through guarantees & protections. Their full-service management includes both tenant placement and daily management, with both services being available separately or together to ensure that you only pay for what you need. Their tenant placement, which finds a high-quality tenant to fill your vacancy, is protected by a tenant guarantee which replaces any tenant who breaks their lease early for free. Youll also get $1,000 in pet damage protection for any screened pets in the property, allowing you to rent to a wider range of people at higher rates with less risk. Property management includes all tenant and property-related responsibilities, including collecting rent, communicating with the tenant, coordinating maintenance, and more. WIth Keyrenter, your maintenance is guaranteed to be done correctly the first time otherwise, the follow-up service is free so that you can be confident in their repair services.

Real Property Management Chicago Group

TMG Management Chicago  Chicago

Real Property Management Chicago Group is a residential property manager servicing Park Ridge, Downtown Chicago, and the surrounding areas.

  • Address: 1460 Renaissance Dr Suite 308, Park Ridge, IL 60068
  • Phone: 312-265-0660
  • Better Business Bureau: A+
  • Management Fee: Contact for pricing

RPM Chicago Group works to remove the stress of being a landlord from the benefits of leasing your property. Their residential management services are comprehensive and span pre-lease, mid-lease, and post-lease to find you quality tenants and maintain an occupancy as frequently as possible so that you can maximize income and minimize vacancy costs. You can choose between leasing, management, and combined packages with leasing taking care of marketing the property to find a tenant and screening that ensures all considered applicants meet the desired income, criminal history, and rental history criteria required to minimize your stress. RPM also ensures that all legal responsibilities & documents, including security deposit handling, are handled in accordance with local laws at all times. Day-to-day management is equally comprehensive, working to keep your tenant happy, your property in good shape, and your cash flow positive. All communication, maintenance, inspections, bill payment, lease management, evictions, and bookkeeping are handled for you through the tenant and owner portals for maximum convenience and easy tracking for all parties.

Read Also: University Of Chicago Graduate Schools

Green Ivy Realty & Property Management

Green Ivy Realty offers residential property and real estate management services to the Greater Chicago area.

  • Address: 4323 W Irving Park Rd #1A, Chicago, IL 60641
  • Phone: 773-913-2525
  • Management Fee: 5 10% of gross monthly rent
  • Tenant Placement Fee: 1 months rent

Green Ivy works with both investors and property owners looking to earn rental income from their investment property. Buying assistance and market analysis are available to investors while a rental analysis to outline earning expectations is free for property owners considering Green Ivys full-service management plans. Their goal is to allow you to enjoy the benefits of being a landlord without taking on the responsibility. Marketing of vacancies makes use of both online and local resources like the MLS, Zillow, and other mediums to reach as many potential tenants as possible as part of their leasing services. Once applications are received, theyll screen each applicant for criminal and rental history as well as proof of income, personal references, and more to ensure that any potential tenant is trustworthy and reliable enough to trust with your property. Included in their daily management is all communication, rent collection, bill payment, maintenance, lease management, and accounting with 24/7 tenant and owner portal access to help keep communication swift and effective.

Dedicated Team Of Support

Finally, our team of professionals experienced in the field of property management in Chicago is here to support you and your tenants every step of the way. We will be available whenever you need us to take care of any issues or concerns that you may have. One thing that sets us apart from everyone else is the respect and care we have for your tenants. Our promise over other property management companies in Chicago ensures your tenants are well taken care of and are given the respect and commodities they deserve for leasing your property.

Recommended Reading: Chicago Bulls Starter Jacket 90s

Keyrenter Property Management Chicago North

Keyrenter Property Management Chicago North offers management services to all types of residential property throughout Chicago.

  • Address: 5875 N Lincoln Ave. Suite LL-42, Chicago, IL 60659
  • Phone: 312-967-3111
  • Management Fee: 5 11% of monthly rent, depending on rental amount and number of properties
  • Tenant Placement Fee: 1 months rent for tenant placement only

Keyrenter dedicates themselves to taking the stress and risk out of leasing your property. Their full-service management helps you to achieve effective rental income that you can rely on without the major time investment it usually takes to manage a thriving rental property. All of their services work towards ensuring that your tenants and property are well taken care of so that you can enjoy consistent income with minimal surprises or expenses, lowering the risk of losing money during tenancy. Both tenant placement and day-to-day management are available, with placement handling everything required to get a tenant into your vacancy and daily management working to keep them in place while maintaining your propertys value as best as possible, improving your bottom line. This includes marketing, screening, leasing, rent collection, maintenance, lease management, and accounting.

How Do I Deal With A Bad Property Management Company

Chicago’s First Community Management

Unresponsive property managers cause problems for property owners and tenants. Reputable management firms should work hard for their fees. No landlord wants to hear from their tenants that the management company isnt doing its job or is ignoring their concerns. If the manager is skipping routine inspections, accepting bad tenants, or failing to provide monthly expense reports, its probably time to hire someone else. Owners should interview several candidates, compare rates, and check references to find a more qualified manager.

Also Check: Train From St Paul To Chicago

What Residential Asset Types Does Mccaffery Manage

McCaffery manages a range of multi-family rental property types including Class A luxury communities, properties in urban and suburban markets, high-rise, mid-rise, and garden-style building types as well as mixed-use multi-family with retail. McCaffery is also experienced in managing and leasing properties that contain ARO/IZ units.

How Can I Find Out If A Property Manager Is Considered An Essential Covid

You will need to check with your city or state government to see if a property manager is considered an essential service provider in your area.

For more information on a national scale, refer to CISAs document on critical workers. However, keep in mind that some — not all — jurisdictions follow CISAs definitions of critical infrastructure.

Also Check: Call Center Support Services Chicago

Real Property Management Suburban Chicago

Real Property Management Suburban Chicago is a full-service management company working with all types of properties and communities throughout the Greater Chicago area.

  • Address: 2940 Commerce St, Franklin Park, IL 60131
  • Phone: 847-455-9500
  • Better Business Bureau: A+
  • Management Fee: Contact for pricing

RPM Suburban Chicago takes the hassle out of managing your rental property or association with custom-tailored management solutions that completely address your needs. They offer a free rental assessment to help you discover and maximize your rental income rate and full-service leasing which prepares your property to be leased, creates a listing, markets it throughout all major listing sites, shows the property, and screens applicants. If you choose daily management, you wont have to worry about collecting the rent or coordinating maintenance, as all communication and upkeep is handled for you. You can also stay up to date with your profit and expenses through the 24/7 owner portal. RPMs community & association management aims to increase the value of the community and increase the quality of life for your members while saving you time and stress. Individual property management services are also available to communities, with additional administrative, maintenance, and bookkeeping services available to help keep your community organized & cash-flow positive, your members happy, and property values up through diligent upkeep and expert-guided organization.

Wpd Management Response To Covid

TMG Management Chicago  Chicago

WPD Management recognizes the importance of the COVID-19 epidemic and is actively monitoring all available communications related to its spread and treatment, including data from the CDC, the World Health Organization, and all municipal and city directives.

While Governor Pritzker has mandated that all non-essential businesses close for the time being, the housing-related services WPD Management provides clearly identifies WPD Management as an essential business. As such, WPD will remain open during this time, while simultaneously doing everything possible to flatten the curve and slow the spread of this disease. All office team members are working from home until further notice. Property managers have been specially coached to communicate electronically with all residents and to be electronically available should a resident need to reach them for any reason. Maintenance technicians will be handling all essential/life-safety repairs during this time. Leasing specialists will continue to show units as needed should someone be interested in moving into a WPD-managed unit. Our subsidy department is also assisting in getting units inspected/passed as necessary.

Should you have any questions or concerns during this time, please feel free to send in a response through our Contact Form. We are checking these frequently and will respond as quickly as possible.

– Keshun Woods– Meah Dunlap– Kashau Johnson

Recommended Reading: Best Place To Stay In Chicago Downtown

Popular Articles
Related news