Commercial property management companies in Illinois play a crucial role in overseeing and maintaining properties ranging from office spaces to retail centers. This industry includes firms that specialize in tenant representation, property leasing, and construction management, focusing on enhancing asset value while ensuring tenant satisfaction. Notably, many companies are adopting innovative technologies and sustainability practices, pivoting towards a more environmentally conscious future. As e-commerce grows, retail property management is undergoing changes, emphasizing mixed-use spaces and flexible leasing options. The demand for effective property management is projected to rise, driven by urbanization and changing consumer preferences within the real estate landscape.

The following companies exemplify the commercial property management sector in Illinois, featuring a mix of sizes and specializations. Spanning 24 companies, from small teams focused on local properties to larger firms managing significant portfolios, their origins date back several decades. Most are centered in cities like Chicago and Oakbrook Terrace, with services ranging from retail management to residential leasing. They serve numerous clients, adjusting to market innovations while maintaining robust tenant relations.

Continue reading to discover the premier commercial property management companies in Illinois.

Top 24 Commercial Property Management Companies in Illinois

1. Mid-America Real Estate

• Website: midamericagrp.com
• Ownership type: Private
• Headquarters: Oakbrook Terrace, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1984
• Headcount: 201-500
• LinkedIn: midamericarealestategroup

Mid-America Real Estate Group, founded in 1984 and based in Oakbrook Terrace, Illinois, is a private real estate services firm that specializes in retail properties. With a workforce of approximately 279 employees, the company offers a wide range of services tailored to landlords and investors in the retail sector. Their offerings include tenant representation, property leasing, asset management, facilities management, and construction management. Mid-America has established a strong presence in the Midwest, managing over 60 million square feet of retail space. Their expertise is underscored by their involvement in significant transactions, including managing a 600,000-square-foot retail portfolio for the University of Chicago. This focus on retail real estate, combined with their extensive market knowledge, positions them as a key player in the commercial property management industry.

2. Urban Retail Properties

• Website: urbanretail.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 88%, India 6%, Taiwan 6%
• Founded year: 1972
• Headcount: 201-500
• LinkedIn: urban-retail-properties

Urban Retail Properties, LLC is a privately held commercial real estate management firm based in Boca Raton, Florida. Established in 1972, the company specializes in the management and leasing of retail properties, including regional malls, power centers, and community centers. Urban Retail Properties provides a wide array of services, such as property management, leasing, development, accounting, and marketing. Their team boasts an average tenure of 20 years, reflecting deep industry knowledge and experience. The company has successfully managed a portfolio of over 16 million square feet across various properties, working closely with clients like pension funds and institutional owners to enhance the performance of their real estate assets. Urban Retail Properties also emphasizes sustainability through initiatives like solar energy solutions, demonstrating a commitment to modern practices in property management.

3. Peak Properties

• Website: peakproperties.biz
• Ownership type: Corporate
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: July 2011
• Founded year: 1998
• Headcount: 51-200
• LinkedIn: peak-properties

Peak Properties, LLC is a property management and investment firm based in Chicago, Illinois, founded in 1998. The company specializes in both residential and commercial real estate services, providing a range of property management solutions that include maintenance, tenant relations, and real estate investment activities. With a workforce of approximately 133 employees, Peak Properties has built a reputation for managing properties effectively, serving property owners, investors, and tenants alike. Their services extend to construction and receivership, showcasing their capability to handle various aspects of property management. The firm is dedicated to enhancing the value of the properties they manage, ensuring compliance with local laws, and maintaining strong communication between owners and tenants. Their experience in managing distressed properties through receivership further highlights their expertise in navigating complex real estate situations.

4. SVN Chicago Commercial

• Website: svnchicago.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1987
• Headcount: 51-200
• LinkedIn: svnchicagocommercial

SVN Chicago Commercial is a commercial real estate firm based in Chicago, Illinois, founded in 1987. The company specializes in a wide range of services, including sales, leasing, tenant representation, and property management. With a team of approximately 54 employees, SVN Chicago Commercial serves property owners, investors, and tenants, helping them navigate the complexities of the real estate market. Their focus on maximizing client investments is evident in their commitment to understanding client needs and providing tailored solutions. The firm operates with a philosophy that prioritizes collaboration and transparency, ensuring that clients receive the best possible outcomes. SVN Chicago Commercial is part of a larger network of SVN offices, which enhances their ability to market properties effectively and access a broader range of resources. They have established a reputation for their expertise in various asset classes, including retail, office, industrial, and multi-family properties, making them a versatile player in the commercial property management sector.

5. F & F Realty Partners, LLC

• Website: fandfrealty.com
• Ownership type: Private
• Headquarters: Lincolnwood, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1979
• Headcount: 1001-5000
• LinkedIn: f-f-realty-partners-llc

F & F Realty Partners, LLC, based in Skokie, Illinois, has been a significant player in the real estate management sector since its inception in 1979. Founded by David M. Friedman, the company specializes in managing both residential and commercial properties. Their portfolio includes an array of assets such as hotels, restaurants, retirement communities, and apartment complexes. F & F Realty operates several well-known hotels, including Crowne Plaza and DoubleTree locations, and has developed a reputation for quality service in property management. The company also manages a retirement living community, demonstrating their versatility in catering to different market segments. With a focus on providing quality living and working environments, F & F Realty continues to serve a wide range of clients, from individuals seeking housing to businesses requiring professional management services.

6. Entre Commercial Realty LLC

• Website: entrecommercial.com
• Ownership type: Private
• Headquarters: Arlington Heights, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2006
• Headcount: 11-50
• LinkedIn: entre-commercial

Entre Commercial Realty LLC, founded in 2006 and based in Arlington Heights, Illinois, is a privately-owned commercial real estate firm. The company specializes in brokerage, property management, and construction services, catering to businesses and organizations seeking real estate solutions. With a team of professionals averaging over 15 years of experience, Entre Commercial Realty focuses on industrial, office, and retail properties. Their property management services are delivered through their sister company, Entre Property Management LLC, emphasizing tenant retention, asset management, and financial reporting. The firm operates not only locally in Illinois but also extends its services regionally in Wisconsin and Indiana, and even nationally and internationally through affiliates. This broad reach, combined with their commitment to client service and operational efficiency, positions them as a capable player in the commercial real estate market.

7. NAI Hiffman

• Website: hiffman.com
• Ownership type: Private
• Headquarters: Oakbrook Terrace, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1981
• Headcount: 201-500
• LinkedIn: nai-hiffman

NAI Hiffman, headquartered in Oakbrook Terrace, Illinois, is a privately owned commercial real estate firm that has been operational since 1981. The company specializes in a wide array of services, including property management, brokerage, and advisory services. With a workforce of over 300 professionals, NAI Hiffman has established a robust presence in the Midwest and is expanding its reach nationally. The firm manages a substantial portfolio, with approximately 137.4 million square feet under leasing and management. NAI Hiffman is also the regional representative of NAI Global, which connects them to a broader network of commercial real estate firms worldwide. Their commitment to environmental, social, and governance (ESG) principles reflects a modern approach to property management, emphasizing sustainability and community involvement. The company has received various accolades for its workplace culture and operational excellence, further solidifying its reputation in the industry.

8. HSA Commercial Real Estate

• Website: hsacommercial.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1981
• Headcount: 51-200
• LinkedIn: hsa-commercial-real-estate

HSA Commercial Real Estate, founded in 1981 and based in Chicago, Illinois, is a private firm specializing in commercial real estate development, management, and leasing services. With a workforce of around 50 professionals, the company operates across multiple states, including Illinois, Indiana, and several others. HSA has developed over 100 million square feet of property, with a current portfolio valued at more than $2.5 billion. Their services span various sectors, including retail, office, healthcare, and industrial properties. HSA is recognized for its expertise in property management, having been ranked as the 26th largest property manager by Midwest Real Estate News. The firm prides itself on its entrepreneurial spirit, allowing for agile decision-making and a client-focused approach. HSA also engages in community outreach through its HSAwareness initiative, promoting volunteerism and charitable activities among its team members.

9. Imperial Realty Company

• Website: imperialrealtyco.com
• Ownership type: Family Owned
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1956
• Headcount: 51-200
• LinkedIn: imperial-realty-company

Imperial Realty Company, based in Chicago, Illinois, has been a significant player in the commercial real estate industry since its inception in 1956. The company specializes in the leasing, management, and redevelopment of office, retail, and industrial properties throughout the Chicagoland area. With a workforce of approximately 83 employees, Imperial Realty prides itself on providing personalized service and hands-on management to its clients. The firm has successfully redeveloped over 10 million square feet of various properties, demonstrating its expertise in transforming underperforming assets into sought-after spaces. Imperial Realty is recognized as one of the top property management firms in the region, with a strong emphasis on tenant satisfaction, as evidenced by their impressive tenant renewal rates. The company is family-owned and operated, which adds a personal touch to their business approach, ensuring that every tenant is treated with care and respect. Their commitment to community involvement further solidifies their standing in the industry, as they actively participate in local initiatives and support charitable organizations.

10. Fox Development Corporation

• Website: fox-companies.com
• Ownership type: Private
• Headquarters: Champaign, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1984
• Headcount: 11-50
• LinkedIn: fox-development-corporation

Fox Development Corporation, established in 1984, is a real estate development and property management firm based in Champaign-Urbana, Illinois. The company specializes in premium office and retail properties, managing over 1,000,000 square feet of Class A space. Their services include commercial leasing, tenant amenities, and comprehensive property management, catering primarily to businesses and organizations seeking quality commercial environments. Notable projects include the University of Illinois Research Park and the I Hotel & Conference Center, showcasing their involvement in significant developments that support both local and academic communities. Fox Development Corporation operates under the umbrella of Fox Companies, which also includes FDC LLC, a full-service brokerage and property management company, and Fox/Atkins Development, LLC, a partnership focused on the Research Park. Their long-standing presence and active engagement in the commercial property sector highlight their relevance and expertise in property management.

11. Matrix Realty Group

• Website: matrixrealtygroup.com
• Ownership type: Private
• Headquarters: Tinley Park, Illinois, United States (USA)
• Employee distribution: United States (USA) 70%, Zimbabwe 30%
• Founded year: 2005
• Headcount: 1-10
• LinkedIn: matrix-realty-group

Matrix Realty Group, founded in 2005 and based in Tinley Park, Illinois, is a private real estate management and brokerage firm. The company specializes in asset management, property management, and tenant representation, primarily serving clients in the Chicagoland area. With a team of experienced professionals, Matrix Realty Group focuses on enhancing property value and maximizing investment returns for property owners. They manage a variety of property types, including office, retail, and industrial spaces, and have carved out a niche in managing Tenant in Common (TIC) properties, catering to over 45 individual TIC owners. The firm prides itself on its extensive experience, with its principals having over 15 years in commercial real estate and construction. Their services extend beyond management to include brokerage and investment consulting, making them a comprehensive resource for clients seeking real estate solutions.

12. Zeller

• Website: zeller.us
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 201-500
• LinkedIn: zeller-realty-group

Zeller is a commercial real estate firm based in Chicago, Illinois, with a focus on property management, leasing, and development. Established in 1988, Zeller has developed a robust portfolio, managing over 10 million square feet of office and multifamily properties across multiple states. The firm prides itself on its collaborative approach, which combines expertise in investment, property management, and tenant relations to create value for clients and enhance tenant experiences. Zeller's properties have received various certifications, including Energy Star and LEED, reflecting their commitment to sustainability. The company actively engages in community initiatives and promotes a culture of diversity and inclusion within its workforce. Zeller's management team is known for its hands-on involvement, ensuring that property operations align with the company's strategic goals and tenant needs.

13. Suburban Real Estate Services, Inc.

• Website: suburbanrealestate.com
• Ownership type: Private
• Headquarters: Naperville, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1991
• Headcount: 11-50
• LinkedIn: suburban-real-estate-services-inc-

Suburban Real Estate Services, Inc. is a commercial real estate brokerage and property management firm based in Naperville, Illinois. Established in 1991, the company has been actively involved in the commercial real estate market for over three decades. They provide a wide array of services tailored to the needs of property owners, tenants, and investors. Their offerings include tenant and landlord representation, investment services, and comprehensive property management for office, industrial, and retail properties. Suburban Real Estate Services prides itself on its proactive approach to property management, ensuring that properties are well-maintained and financially sound. The firm operates primarily in the Midwest, serving clients across Illinois, Indiana, Michigan, and Wisconsin, and is dedicated to fostering strong relationships within the communities they serve. Their commitment to client service and local market expertise positions them as a reliable partner in the commercial real estate sector.

14. Urban Innovations

• Website: urbaninnovations.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: September 2024
• Founded year: 1978
• Headcount: 51-200
• LinkedIn: urban-innovations

Urban Innovations is a commercial real estate developer based in Chicago, Illinois, founded in 1978. The company specializes in property management, leasing, and construction, with a strong emphasis on creating office spaces that cater to the health and well-being of tenants. With a portfolio exceeding 1 million square feet, Urban Innovations has established itself in the adaptive reuse market, particularly in the loft office sector. They are dedicated to enhancing tenant experiences and community engagement, as reflected in their mission to help businesses thrive. Urban Innovations has also earned the WELL Health-Safety Rating for its entire commercial portfolio, showcasing their commitment to maintaining high standards of safety and operational excellence. Their approach combines innovative design with a focus on sustainability, making them a relevant player in the commercial property management industry.

15. Millbrook Real Estate Company

• Website: millbrookrec.com
• Ownership type: Private
• Headquarters: Buffalo Grove, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1997
• Headcount: 51-200
• LinkedIn: millbrook-real-estate-company

Millbrook Real Estate Company, based in Buffalo Grove, Illinois, is a private real estate management firm that specializes in the leasing and management of Class A office spaces. Established in 1997, the company was founded by Jack and Harvey Miller, who previously built a successful business with the Quill Corporation. Millbrook operates with a strong emphasis on tenant satisfaction, offering a range of amenities such as fitness centers, conference facilities, and meticulously maintained office environments. The firm has expanded its portfolio significantly over the years, acquiring properties that now total approximately 2.4 million square feet across various locations, including Illinois and Wisconsin. Their management teams consist of seasoned professionals, each bringing over 15 years of experience in commercial real estate, which enhances their ability to provide exceptional service to tenants.

16. East Lake

• Website: eastlakemgmt.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1983
• Headcount: 501-1000
• LinkedIn: east-lake-management-%26-development-corp.

East Lake Management, based in Chicago, Illinois, has been a prominent player in the real estate management and development sector since its founding in 1983. The company specializes in managing a wide array of properties, including over 10,000 residential units and various commercial spaces. Their portfolio features a mix of affordable housing, luxury rentals, and retail spaces, showcasing their capability to cater to different market segments. East Lake is particularly noted for its expertise in affordable housing, navigating the complexities of compliance and community needs effectively. With a dedicated team of professionals, they focus on enhancing the quality of life for residents while ensuring financial performance and regulatory compliance for property owners. Their commitment to community impact and strategic development has allowed them to thrive in the Midwest real estate market.

17. Hamilton Partners

• Website: hamiltonpartners.com
• Ownership type: Private
• Headquarters: Itasca, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1987
• Headcount: 51-200
• LinkedIn: hamilton-partners_2

Hamilton Partners, founded in 1987 and based in Itasca, Illinois, is a private real estate development firm specializing in commercial properties. The company operates across various sectors, including office, industrial, and retail, and offers a comprehensive suite of services that includes development, property management, leasing, and investment management. With a portfolio exceeding 17 million square feet, Hamilton Partners has established a strong presence in the Chicago and Salt Lake City markets. Their property management team is dedicated to maintaining high tenant satisfaction, which is reflected in their tenant retention rates. The firm has a history of adapting to market needs, ensuring that their properties meet the evolving demands of tenants and investors alike. Hamilton Partners also emphasizes sustainability in their operations, with a significant portion of their buildings achieving LEED certification. Their focus on quality and service has made them a notable player in the commercial real estate industry.

18. Habitat

• Website: habitat.com
• Ownership type: Corporate
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 97%, Other 3%
• Latest funding: January 2022
• Founded year: 1971
• Headcount: 501-1000
• LinkedIn: the-habitat-company

The Habitat Company, based in Chicago, Illinois, is a real estate development and management firm that specializes in property management, development, and investment services. Founded in 1971, Habitat has built a reputation for creating quality housing solutions and fostering sustainable communities. The company manages a variety of properties, including market rate, mixed-income, and affordable housing, and has developed over 17,000 units across multiple markets. Habitat is committed to social responsibility, actively engaging with communities and focusing on initiatives that promote equity and sustainability. Their portfolio reflects a blend of luxury high-rises and affordable housing, demonstrating their ability to cater to different market segments. With a dedicated team and a strong track record, Habitat continues to expand its operations and impact in the real estate sector.

19. CRER (Chicago Real Estate Resources, Inc.)

• Website: crer.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2004
• Headcount: 11-50
• LinkedIn: chicago-real-estate-resources

Chicago Real Estate Resources Inc. (CRER) is a commercial real estate firm based in Chicago, Illinois, established in 2004 by Eric Janssen, a seasoned professional in the industry. The company offers a comprehensive suite of services, including investment real estate sales, leasing, property management, and receivership services. CRER caters to a variety of clients, including real estate investors, property owners, and financial institutions, providing expert guidance in managing properties and navigating complex transactions. With a team that collectively has over 200 years of experience and has facilitated transactions exceeding $3 billion, CRER is well-equipped to handle the intricacies of commercial real estate. Their property management services are designed to safeguard property value and enhance income potential, reflecting their commitment to client success. CRER has also been involved in over 1,800 receivership appointments, managing a wide range of properties from small residential buildings to high-rise commercial assets, showcasing their expertise in both stable and distressed property management situations.

20. Golub & Company

• Website: golubandcompany.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1960
• Headcount: 51-200
• LinkedIn: golub-%26-company

Golub & Company is a Chicago-based real estate firm that has been active since 1960. Specializing in the investment, development, and management of multifamily, commercial, and mixed-use properties, the company has built a reputation for creating quality living and working environments. Their portfolio includes a variety of properties that reflect their commitment to community development and tenant satisfaction. Golub & Company employs a vertically integrated approach, which means they handle acquisitions, development, management, marketing, and leasing in-house. This strategy allows them to maintain high standards and foster strong relationships with tenants and partners alike. With a dedicated team of professionals, Golub & Company continues to shape neighborhoods and enhance the quality of life in the areas they serve.

21. Glenstar

• Website: glenstar.com
• Ownership type: Private Equity
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $38.2M, September 2023
• Founded year: 2004
• Headcount: 51-200
• LinkedIn: glenstar-properties-llc

Glenstar is a commercial real estate development and management firm based in Chicago, Illinois, founded in 2004. The company specializes in logistics, office, and mixed-use properties, providing a range of services that include property management, asset management, and construction management. With a focus on maximizing property value and enhancing tenant satisfaction, Glenstar has developed or redeveloped over $2 billion in commercial space, managing approximately 10 million square feet across the United States. Their innovative strategies and commitment to quality have positioned them as a notable player in the commercial property sector. Recently, Glenstar secured $38.2 million in funding, reflecting their active engagement and relevance in the market.

22. Ramshaw Real Estate

• Website: ramshaw.com
• Ownership type: Private
• Headquarters: Champaign, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 51-200
• LinkedIn: ramshaw-real-estate

Ramshaw Real Estate, founded in 1988, is a private property management company based in Champaign, Illinois. The firm specializes in leasing both residential and commercial properties, catering to a variety of tenants, including students and businesses. With a portfolio that includes over 1,500 apartments and various commercial spaces, Ramshaw aims to enhance the rental experience through comprehensive tenant services and maintenance support. The company has a strong local presence and is known for its commitment to community involvement, participating in numerous local projects and sponsorships. Their focus on service is evident in their tenant support systems, which include online lease signing and maintenance requests. Ramshaw Real Estate has built a reputation over the years as a reliable property management provider in the Champaign-Urbana area, particularly in the student housing market.

23. Friedman Properties

• Website: friedmanproperties.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1970
• Headcount: 11-50
• LinkedIn: friedman-properties

Friedman Properties, based in Chicago, Illinois, is a private real estate development and property management firm established in 1970. The company manages a portfolio of over 50 buildings, totaling more than 5 million square feet, which includes office, retail, residential, and hospitality spaces. Known for its commitment to historic preservation and urban renewal, Friedman Properties has played a pivotal role in transforming the River North neighborhood from a neglected area into a vibrant live/work/play destination. Their projects often involve partnerships with various stakeholders, including restaurants, hotels, and civic leaders, reflecting their collaborative approach to development. The firm has also received numerous awards for its contributions to urban planning and preservation, underscoring its reputation in the industry. With a dedicated property management team, Friedman Properties ensures that each building is well-maintained and meets the needs of its tenants, further solidifying its position in the commercial property management sector.

24. McCaffery

• Website: mccafferyinc.com
• Ownership type: Private
• Headquarters: Chicago, Illinois, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1991
• Headcount: 51-200
• LinkedIn: mccafferyinc

McCaffery Interests, Inc. is a Chicago-based real estate development and property management firm founded in 1991. With a dedicated team of approximately 153 employees, McCaffery specializes in transforming urban spaces through innovative development, leasing, and investment management services. The company manages a substantial portfolio, overseeing 20 million square feet of commercial and multi-family properties. Their expertise extends to construction and project management, ensuring that they not only develop but also effectively manage and enhance the value of their assets. McCaffery is committed to sustainable urban growth, aiming to create dynamic destinations that meet the needs of modern living. Their mission reflects a focus on exceeding partner expectations and fostering community engagement, which is crucial in today's real estate market.

Commercial Property Management Insights: Key Companies in Illinois

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