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 28
Apartment Buildings 30
Home Owners Association 19
Total Local Companies 51

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 :
Simple FLAT RATE pricing, GUARANTEED tenant within 30 days or its FREE!!

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 ...

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.

Top Multi-Family Managers

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.

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 ...

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

Managing: Multi-Family : Association :
Responsive and Customizable Property Management Since 1906.

Top Association Managers

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.

3077 W. Jefferson, Suite 203
Joiet, IL 60435

Managing: Association :
Providing the highest level of service to meet each Condominium/HOA Association's needs with online access for all owners!

3041 Woodcreek DriveSuite 100
Downers Grove, IL 60515

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

Additional Property Management in Illinois (IL)

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

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

1337 W. Wrightwood, Suite 1
Chicago, IL 60614

Managing: Single-Family :
We know Chicago! CL3 is your LOCAL property management specialist. Contact us today for a quote for our services.

440 N Wabash Ave, Suite 1
Chicago, IL 60611

Managing: Single-Family : Multi-Family :
Award-winning Chicago property manager certified by NAA, NARPM and IREM with complaint-free A+ BBB rating. 1st 2 months FREE!

5226 Blodgett Ave
Downers Grove, IL 60515

Managing: Single-Family : Association :
We have over 10 years of residential property management experience

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.

1658 Milwaukee
Chicago, IL 60647

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

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...

150 S. Wacker Drive
Chicago, IL 60606

Managing: Multi-Family : Commercial
We offer boutique-style management services to our clients.

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 :
The Largest Single Family Home Property Management Company, with over 15 Years of Property Management & Rental Services.