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Property Management Company in the Chicago Suburbs

Off-Market

Oak Lawn, IL

Property Management Company

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Revenue

$500,000

Earnings (SDE)

$350,000

Margin

70.0%

Year Established

1998

Listed

30+ Days

Customers

Works directly with property owners rather than through intermediaries or realtors. Services range from standard apartment complex management to concierge property management for vacant commercial spaces. Currently manages 600+ units across multiple properties in Illinois.

Customer Acquisition

Growth is primarily driven by word-of-mouth referrals with minimal paid marketing.

Team

The company works directly with one key large property and has about 15 full-time employees to manage it. The other properties use outsourced labor. Additionally, there are two part-time office employees.

Owner's Role

Owner actively oversees the business.

Reason for Selling

The owner is looking to focus on real estate brokering and sell the property management arm of the business.

Contracts

All contracts include flexible terms that allow either party to exit after 3–4 months of the relationship.

Real Estate

The company maintains two office locations: one inside a complex clubhouse at no cost and another that is leased and primarily used for sales.

When Are You Looking to Sell

3-6 months

Licenses Required

Illinois broker's license is required.

Business ID: 1774

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