HOA Management Company in Chicago, Illinois
We provide complete condo and HOA property management services for communities in Chicago and the surrounding suburbs.
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Need Assistance Revitalizing Your HOA?
Managing a homeowners association (HOA) can be challenging, especially when board members are busy or new to the role. Hiring a professional HOA management company or manager ensures your community runs efficiently, stays compliant, and keeps residents happy.
HOA Managers vs. Property Managers
An HOA manager focuses on helping associations run their communities efficiently, handling finances, rules, and board support. A property manager typically manages rental properties for individuals or corporations. While the terms sometimes overlap, their roles are different.
What do Chicago HOA property management companies do?
HOA management companies and managers take care of daily operations. They support the board of directors and assist the community in its smooth operation.
Keep in mind, not all management companies offer the same services. Your contract will outline exactly what’s included—but typical HOA management responsibilities may include:
- Understand the HOA’s governing documents
- Ensure the HOA complies with federal, state, and local laws
- Help prepare the annual budget
- Ensure the HOA stays within budget
- Collect dues and assessments
- Oversee invoices, receivables, payables, and delinquencies
- Secure the right insurance policies
- Provide monthly management and financial reports to the board
- Schedule and attend board meetings
- Document and keep records
- Inspect for violations
- Enforce rules and regulations consistently
- Review policies and provide recommendations
- Reply to homeowner concerns and questions
- Keep members updated through various communication channels
- Sending notices
- Maintain common areas — making sure they’re safe and properly insured
- Oversee projects
- Resolve disputes within the community
- Help facilitate board elections
- Hire CPA Taxes
- Advise the board on various matters and decisions
- Coordinate with professionals such as attorneys, accountants, reserve specialists, etc.
Need help managing your HOA?
Contact our experts today.
Contact our experts today.
Why Choose Our HOA Management Services
At KM Realty Group LLC, we make life easier for board members and residents. Our HOA management expertise keeps communities running smoothly.
Latrice Hamilton-Petty
Megan Wilson
Allison Walker
Shauna Jackson
Danielle Holmes
Chicago’s Leading HOA & Condo Management Professionals
Commonly asked questions
HOA management in Chicago can cost between $200 to $500 per month. It depends on the size of the building and the services. Many Chicago HOA management companies also charge extra fees.
KM Realty Group LLC offers hands-on, friendly service for buildings of all sizes. Our team is known for trust, care, and fast replies. We are not like big companies that don’t know your name. We live and work in Chicago, Illinois, and give each building the time it deserves. That’s what makes us different from other HOA companies.
These include help with money, repairs, rule checks, and meetings. HOA services for condo buildings also cover vendor talks and monthly reports. You need professional property managers for HOAs to do it right.