Chicago Property Management Companies: An Honest Comparison
We believe in transparency. This page lists Altus alongside another reputable Chicago property management company so you can make the best decision for your property.
We're not the right fit for every property
Altus specializes in HOA/condo association management and rental property management for small-to-mid-size portfolios in Chicago and the suburbs. We're excellent at what we do — but we're not the right fit for every property owner.
If you have a 500-unit apartment complex, a national portfolio, or a commercial property, there are other companies better suited to your needs. We'd rather point you in the right direction than take on a client we can't serve well.
This page is our honest attempt to help you find the right manager — whether that's us or someone else.
Two reputable options — including us
Altus Property Partners
This is us. We're listing ourselves here for transparency — but we encourage you to compare us to the option below.
GC Realty & Development
A well-regarded Chicago-based firm with strong residential and association management capabilities.
Six criteria for evaluating any property manager
Licensing
Illinois requires property managers to hold a real estate broker's license. Verify your manager is licensed with IDFPR.
Insurance
Your manager should carry E&O (errors and omissions) insurance, general liability, and fidelity bonding for funds handling.
Technology
Look for managers using modern platforms: Property Meld or similar for maintenance, AppFolio or Buildium for accounting, and an owner portal.
Transparency
Ask for a sample monthly owner statement. If they can't produce a clear, itemized statement, that's a red flag.
References
Ask for references from current clients — specifically boards or owners with similar properties to yours.
Fee Structure
Understand all fees: management fee, leasing fee, maintenance markup, and any other charges. Get it in writing.
Think Altus might be the right fit?
Request a proposal and we'll give you a straight answer about whether we're the right fit for your property — and what management would cost.
Request a Proposal