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 33
Apartment Buildings 37
Home Owners Association 21
Total Local Companies 58

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...

1658 Milwaukee
Chicago, IL 60647

Managing: Multi-Family :
Quality Tenants, Qualified Contractors, Disciplined Management

2211 N. Elston, Suite 301
Chicago, IL 60614

Managing: Multi-Family : Association :
We are a reputable Chicago-focused firm offering a customizable menu of services to fulfill every property management ...

Top Association Managers

Serving all of Illinois , IL 60654

Managing: Association :
YOUR COMMUNITY DESERVES THE BEST. Become part of a world-class organization dedicated to driving the standard of excellence.

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.

2704 Grand Avenue
Waukegan, IL 60085

Managing: Single-Family : Multi-Family : Association : Commercial
Our goal is to manage a property with the same interest and concerns of our Owners.

Additional Illinois (IL) Property Management Companies

4955 N. Damen Ave
Chicago, IL 60625

Managing: Single-Family : Multi-Family :
Over 30 years of experience. Rented in 29 days guaranteed. 60 day risk free guarantee or no management fees, period.

1710 West Belmont Avenue
Chicago, IL 60657

Managing: Single-Family : Multi-Family :
Root Realty is the Property Manager you can trust with your investments. 30 years in business delivering optimal results.

1014 West Roscoe , Suite 3F
Chicago, IL 60657

Managing: Single-Family : Multi-Family :
Specializing in property management and leasing of single unit condominiums, town homes and apartment buildings in Chicago.

1046 W Kinzie, Ste E101
Chicago, IL 60642

Managing: Single-Family : Multi-Family :
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

450 E. 22nd St. Suite 223
Lombard, IL 60148

Managing: Single-Family : Multi-Family :
We combine local expertise (centrally located in Lombard) with the nationwide support of the Real Property Management system.

3033 W. Jefferson,Suite 100
Joliet, IL 60435

Managing: Single-Family : Multi-Family : Commercial
"We only get paid, when you get paid". Celtic Property Management is your solution for renting and managing your inves...

440 N Wabash Ave, Suite 1
Chicago, IL 60611

Managing: Single-Family : Multi-Family :
The ONLY award-winning Chicago property manager to be certified by NAA, NARPM and IREM with a complaint-free A+ BBB rating.

3041 Woodcreek DriveSuite 100
Downers Grove, IL 60515

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

One Lincolnshire Lance
Lincolnshire, IL 60069

Managing: Multi-Family : Association : Commercial
We are a full-service residential and commercial property management company committed to maximizing your property's poten...