Find property management in Chicago, IL

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We know the best property managers in Chicago, IL.
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How We Help Find Your Perfect Chicago, IL Property Manager

Select your property's type and zip code
Select your property's
type and zip code
Review listings of top local property managers that fit your criteria
Review listings of top local property managers that fit your criteria
Select up to 5 to get quotes from
Select up to 5 and
compare quotes
Discuss your unique needs with the property managers
Discuss your unique needs with the property managers
Specialty # of Agencies
Single House or Condo 14
Apartment Buildings 20
Home Owners Association 19
Total Local Companies 42

The average rent for a 3 bedroom house in Chicago, IL is $1,331.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.

Chicago, IL Rental Market Overview

The third largest city in the US, Chicago is a major hub for finance, manufacturing, telecommunications, and transportation, among other industries. Home to 12 Fortune 500 companies, the O'Hare Airport, a thriving arts community, President Barack Obama, and world-famous pizza, Chicago is an economic powerhouse. According to the city's official web site, it's also a "very passionate sports town," which wholeheartedly supports its teams, including the world-class Chicago Cubs, White Sox, Bears and Bulls. A multicultural city, Chicago boasts the second largest labor pool in the United States, which makes the Windy City a good place to own rental property.

Chicago Rentals Market Trends Favor Landlords

As with many cities, Chicago's rental market is experiencing a boom. Young professionals, discouraged by the housing market's recent decline, or unable to purchase properties now that banks are becoming much more conservative in their lending practices, increasingly prefer the flexibility that comes with renting---even with rental prices that equal or exceed the mortgage on a comparable home. With apartment complex construction slowing, rent prices are predicted to rise over the next few years. At the same time, many current homeowners are choosing to rent their houses out, rather than sell them, when it comes time to move. All of these factors ensure that both Chicago rental properties and Chicago property management companies will remain in high demand for the foreseeable future.

Chicago Rental Market at a Glance

  Chicago Area US
2013 Population 9.5 million 380 million
2010 Percentage of renters 33.03% 34.0%
2013 (1st Q) Rental vacancy rate 12.2% 8.4%
2013 Median house price $219,000 $185,400
2013 Median income $47,371 $51,425
2013 Median rent (3 bedroom) $1,318 $1,350

After a drop in its vacancy rate to 8.8% during the first quarter of 2012, the Chicago, Illinois metro area (population 9,522,434) is currently at a vacancy rate of 12.2%. Its median rent has remained relatively flat over the last three years and is at $1,318 for 2013. The median family income is $47,371 and the median home price is $219,000.

Finding Chicago Property Management Companies

Finding the right property manager is essential to growing your business.

Use All Property Management to select from among Chicago's best property management companies. Type your zip code into our search widget to find companies who manage properties in Chicago---then request free quotes.

Chicago Stories From our Blog:

Property Management Requirements in Illinois

Chicago-Area Investors Scouting Market for Low-Cost Opportunities.

Chicago Housing Efforts Take New Direction.

Gangsters & Speakeasies: Buildings of Historic Chicago

Top Single Family Managers

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 our ...
Free Quote...

300 N LaSalle St , Suite 4925
Chicago, IL 60654

Managing: Single-Family :
It is our policy to maximize income and minimize vacancies by aggressively marketing your investment property.
Free Quote...

Managing: Single-Family :
Free Home Evaluation! Contact us today.
Free Quote...

Top Multi-Family Managers

2001 Butterfield Rd. Ste. 165
Downers Grove, IL 60515

Managing: Multi-Family :
Offering the highest possible return on your property investment without any stress related to property management.
Free Quote...

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
Free Quote...

440 N Wabash Ave, Suite 1
Chicago, IL 60611

Managing: Single-Family : Multi-Family :
Industry-Leading Services & Features Simple, affordable pricing for EXPERT Property Management with years of Experience
Free Quote...

Top Association Managers

Multiple Locations in TX, CA, FL, CO, AZ, NV, MO, NC, GA, MI
WA

Managing: Association :
Comprehensive community management services
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800 S. Gay Street , Suite 700
Knoxville, TN 37929

Managing: Association :
We ONLY offer REMOTE and VIRTUAL accounting services to Community Associations.
Free Quote...

3712 N. Broadway, St. 440
Chicago, IL 60613

Managing: Association :
Westward Management is committed to providing property owners and condominium associations with pro-active management ...
Free Quote...

Additional Chicago, IL Property Management Companies


Orland Park, IL 60462

Managing: Single-Family : Multi-Family :
Offering quality service at competitive prices!
Free Quote...

2940 Commerce
Franklin Park, IL 60131

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

4955 N. Damen Ave
Chicago, IL 60625

Managing: Single-Family : Multi-Family :
With over 25 years' experience our proven systems provide the best property management available.
Free Quote...

77 West Washington Street, Suite 1211
Chicago, IL 60602

Managing: Multi-Family : Association :
Experienced. Responsive. Cost Effective.
Free Quote...

3041 Woodcreek DriveSuite 100
Downers Grove, IL 60515

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

1337 W. Wrightwood, Suite 1
Chicago, IL 60614

Managing: Single-Family : Multi-Family :
Chicago | Luxury | Living | Leasing - Contact CL3 for management of your luxury condo townhome or single family home.
Free Quote...

1257 N. Milwaukee Ave #1
Chicago, IL 60622

Managing: Single-Family :
We want you to be successful, and understand what that takes.
Free Quote...

50 E. Commerce , Suite 110
Schaumburg, IL 60173

Managing: Association :
Associa: Exceptional Community Management.
Free Quote...

343 W. Erie Suite 330
Chicago, IL 60654

Managing: Association :
Associa: Exceptional Community Management.
Free Quote...

1014 West Roscoe , Suite 3F
Chicago, IL 60657

Managing: Single-Family : Multi-Family :
Specializing in single unit condominiums, townhomes and apartment buildings, we are effective leasing agents and exper...
Free Quote...