Looking for Qualified Property Management Companies in Chicago, IL?

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 13
Apartment Buildings 16
Home Owners Association 12
Total Local Companies 32

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

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

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

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.

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

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.

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...

Additional Property Management in Chicago, IL

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

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

1928 W Irving Park Rd.
Chicago, IL 60613

Managing: Single-Family : Multi-Family :
CG Realty Group will handle every aspect of your management services.

5215 Old Orchard Rd., Suite 300
Skokie, IL 60077

Managing: Association :
Serving Chicago and its suburbs as a leader in professional property management and for more than 125 years.

14224 McCarthy Rd
Lemont, IL 60439

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

2940 Commerce
Franklin Park, IL 60131

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

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.

2636 N. Lincoln Ave. , 33 Realty
Chicago, IL 60614

Managing: Multi-Family :
Passionate about client goals, we deliver value in real estate and provide strategic solutions.

800 S. Gay Street , Suite 700
Knoxville, TN 37929

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

155 N. Wacker 42nd Floor
Chicago, IL 60607

Managing: Association :
Better Quality, Better Value, and Fewer Headaches for board members. Enlan delivers results.