Looking for Qualified Property Management Companies in Illinois?

We work tirelessly to find the best property managers, so you don’t have to. Please see our recommended property management companies below for your area or filter by property and zip for a perfect match.

Specialty # of Agencies
Single House or Condo 29
Apartment Buildings 32
Home Owners Association 22
Total Local Companies 55

Illinois Rental Market Overview

Economic Recovery Underway In Chicago, but Rest of State Still Struggles
According to CoreLogic's 2013 National Foreclosure Report, Illinois ranks second in the United States among judicial foreclosure states for completion. While the Prairie State is second only to Florida, it significantly reduced foreclosure inventories to 4.3%, which is lower than Florida, New Jersey, New York, Maine and Nevada, but still ahead of the rest of the nation. The brightest economic spot in Illinois remains centered on the Chicago area, although the unemployment rate remains slightly higher than the rest of the nation. That's why the Chicago rental property market fares better than other Illinois markets, although the best locations in the downtown and suburban markets remain exclusively dominated by institutional investors. More than 3,500 new apartment units, nearly all Class A luxury rentals, were completed in the City of Chicago and shoreline suburbs north of the urban core.

Patience and Careful Strategy Key for Small Landlords
Because much of the job growth in Illinois currently remains centered around Chicago, it's not surprising that the median housing values of nearby cities, places like Naperville, Plainfield, Elgin and Aurora, tend to be higher than in towns and cities elsewhere in the state, including Rockford and Peoria. While Chicago had a rental vacancy rate of 3.8% in 2012, Rockford's vacancy rate was 7.67% and Peoria's was 4.19% in the same year. Numerous foreclosed single-family properties in good condition remain outside the Chicago area, but slow job growth makes it difficult to determine how quickly the market will turn around so effective rents can cover the expenses associated with accumulating and renovating these assets. That's one reason why small landlords and independent investors often consult with Illinois property management companies before making changes to their rental property portfolios. Most property management companies employ real estate professionals who have firsthand experience working with tenants and property owners in their local markets. It's the sort of individualized insights you won't find among the pages of the executive summaries printed by large institutional investment firms. Take a moment to review the Illinois property management companies listed here and then request your free information today.

Top Single Family Managers

Serving All of Illinois
Statewide, IL 60201

Managing: Single-Family :
Purchase a new construction home through MH and receive a guaranteed lease for up to 6 years on your existing home.

10307 Main Street , PO BOX 101
Richmond, IL 60071

Managing: Single-Family : Multi-Family :
We handle all aspects of finding a renter for your property. Because we have multiple properties we are able to use ...

109 W. Main Street
West Dundee, IL 60118

Managing: Single-Family : Multi-Family :
We are a full-service property management company with NO upfront fees! We believe in earning your business!

Top Multi-Family Managers

10523 S Ewing Avenue
Chicago, IL 60617

Managing: Single-Family : Multi-Family :
Committed to helping you realize your investment goals and striving to enhance your rental value and the future market...

1046 W Kinzie, Ste E101
Chicago, IL 60642

Managing: Single-Family : Multi-Family : Commercial
See What Everyone's Talking About. Property Management For $100/Month Or Less.

770 N. LaSalle Dr.
Chicago, IL 60654

Managing: Single-Family : Multi-Family :
The Trusted Leader Over 20 Years! AWARD Winning Service by the ONLY Nationwide Residential Property Management Company

Top Association Managers

11 W. College Drive , Suite A
Arlington Heights, IL 60004

Managing: Association :
Management as Distinct as You Are

3041 Woodcreek DriveSuite 100
Downers Grove, IL 60515

Managing: Association :
Providing management solutions to Condominium, Townhome and Homeowner Associations.

14224 McCarthy Rd
Lemont, IL 60439

Managing: Association :
Customized service to fit your association's needs.

Additional Property Management in Illinois (IL)

796 W Bartlett Rd
Bartlett, IL 60103

Managing: Single-Family : Multi-Family : Commercial
Full Service Property Management With A Great Reputation! Proactively Protects Your Assets While Providing Superior Service!

Office locations in , Flossmoor, Frankfurt, Chicago and
Orland Park, IL 60462

Managing: Single-Family :
Offering quality service at competitive prices!

2940 Commerce
Franklin Park, IL 60131

Managing: Single-Family : Multi-Family :
The Trusted Leader in Residential Property Management & Leasing.

Managing: Single-Family :
Serving the Chicagoland suburbs with low prices and great service!

345 N Eric Drive
Palatine, IL 60067

Managing: Single-Family : Multi-Family : Association : Commercial
Welcome! You have found the best!

4311 N. Ravenswood
Chicago, IL 60613

Managing: Association :
Low per-unit cost. Pro-trained managers. Easy online tools. You'll say never again to the old way.

29 W 100 Butterfield Rd Suite 101
Warrenville, IL 60555

Managing: Single-Family : Multi-Family :
Our company has managed thousands of rental properties for over 25 years.

450 Airport Rd S1
Elgin, IL 60123

Managing: Single-Family : Multi-Family :
Ready to manage your investment with an eye for detail and in-depth knowledge of profitable portfolio management.

3000 Dundee Road, Ste 309
Northbrook, IL 60062

Managing: Single-Family : Multi-Family :
All County Property Management Solutions simplifies residential property management throughout the Chicago area.

105 S. York St. Suite 550
Elmhurst, IL 60126

Managing: Commercial
We are 3 generations of Real Estate Asset Managers dedicated to providing superior management service to all of our clients.