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 34
Apartment Buildings 40
Home Owners Association 26
Total Local Companies 64

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.

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!

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 ...

Top Multi-Family Managers

1658 Milwaukee
Chicago, IL 60647

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

1509 W. Berwyn Ave. Suite 200
Chicago, IL 60640

Managing: Multi-Family : Association :
Real Estate Investment & Property Management Since 1906.

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 ...

Top Association Managers

14224 McCarthy Rd
Lemont, IL 60439

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

345 N Eric Drive
Palatine, IL 60067

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

1139 Garfield
Oak Park, IL 60304

Managing: Single-Family : Multi-Family : Association :
Single family homes to multi unit condos and rentals Short term management options How do you manage without us?

Additional Illinois (IL) Property Management Companies

7733 Forsyth Blvd., 11th Floor
Clayton, MO 63105

Managing: Single-Family : Multi-Family :
One of the most awarded and highest rated property management companies in the country

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

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.

Managing: Single-Family : Multi-Family :
BBB (A Rating) and Angie's List Super Service Award Winner serving suburbs of Chicagoland!

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.

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

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

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.

1431 Opus Place , Suite 110
Downers Grove, IL 60515

Managing: Single-Family :
Writing success stories, one property at a time!

1207 McHenry Road #209
Schaumburg, IL 60089

Managing: Multi-Family : Association : Commercial
Excellence in Property Management

USA
Nationwide, US

Managing: Single-Family :
Find the best professional Manager for your second home.