HOA Management Company in Chicago, Illinois

Need Help Managing Your HOA in Chicago?
HOA Managers vs. Property Managers: What’s the Difference?
An HOA manager focuses on managing condominium associations and homeowner associations. Their role includes:
- Supporting the board of directors
- Managing finances and budgets
- Enforcing rules and governing documents
- Coordinating vendors and maintenance
- Handling homeowner communication
A property manager, on the other hand, usually manages rental properties for individuals or investors. They focus on tenant placement, rent collection, and property upkeep for landlords.
Learn more about our rental property management services.
While the terms sound similar, HOA management and rental property management serve very different purposes.
What Do Chicago HOA Property Management Companies Do?
Chicago HOA management companies handle the daily operations that keep your community running smoothly. They work closely with the board of directors to ensure the association follows laws, stays financially strong, and maintains property standards.
Their job is to remove stress from board members while protecting property values and improving the quality of life for residents.
Full-Service HOA Property Management in Chicago
Legal Compliance & Governance
- Understand and interpret HOA governing documents
- Ensure compliance with federal, Illinois, and local Chicago laws
- Enforce rules and regulations fairly and consistently
- Assist with board elections and documentation
- Coordinate with HOA attorneys and legal professionals
Financial Management & Reporting
- Help prepare the annual HOA budget
- Ensure the association stays within budget
- Collect dues and special assessments
- Manage invoices, receivables, payables, and delinquencies
- Hire CPA for tax preparation
- Provide monthly financial and management reports
- Secure proper insurance coverage
Maintenance & Vendor Coordination
- Maintain common areas safely and efficiently
- Oversee maintenance and repair projects
- Hire and manage vendors and contractors
- Inspect properties for violations and safety concerns
- Ensure proper insurance for shared areas
Communication & Community Support
- Respond to homeowner questions and concerns
- Send official notices and updates
- Maintain records and documentation
- Keep residents informed through multiple communication channels
Strategic HOA Support
- Advise the board on decisions and planning
- Review policies and make improvement recommendations
- Coordinate with accountants, reserve specialists, and consultants
- Resolve disputes within the community
Need help managing your HOA in Chicago?
(312) 283-0794
Why Choose KM Realty Group LLC for HOA Management in Chicago
KM Realty Group LLC provides expert HOA and condo management across Chicago and surrounding suburbs. Our hands-on approach ensures your community runs smoothly, residents stay informed, and board members get the support they need.
Experienced HOA Management Professionals

Latrice Hamilton-Petty

Megan Wilson

Allison Walker

Shauna Jackson

Danielle Holmes
Chicago’s Trusted Condo & HOA Management Team
HOA Management FAQs – Answers from Chicago’s Experts
What does an HOA management company do in Chicago?
An HOA management company in Chicago handles the daily operations of a community. This includes financial reporting, budget planning, vendor coordination, maintenance oversight, resident communication, and legal compliance. Their role is to support the board, protect property values, and keep the community running smoothly.
Do HOA management companies in Chicago enforce rules and legal compliance?
How often do HOA management companies provide reports and updates?
How much does HOA management cost in Chicago?
HOA management fees in Chicago usually range from $200 to $500 per month, depending on your building size, number of units, and services provided. Some communities may incur additional fees for specialized services such as reserve studies, legal support, or vendor management.
| Tip: Always compare services, not just price, to choose the best HOA management company in Chicago.