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Best Property Management Companies in Waukegan, IL

Our Recommended Top 3

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Waukegan Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.



3Top Picks

Learn about our selection process.


featured provider = Featured Provider

717 Forest Avenue Suite 254, Lake Forest, IL 60045 Rating

Review Sources

4.5 (5)
5.0 (4)

Why choose this provider?

Wilder Management has been offering property management services for 13 years. Taking the day-to-day burdens off rental owners' hands, the company's team of property managers near Waukegan offers customizable services that can range from tenant placement to eviction assistance. They put potential renters through a five-point screening process and provide all properties with tenant guidebooks and online portals. They take care of rent collection and accounting. Property managers also conduct property inspections and coordinate maintenance, repairs, and renovations.

  • Maintenance
  • Collection
  • Accounting Services

333 Peterson Road, Libertyville, IL 60048 Rating

Review Sources

5.0 (1)
5.0 (1)

Why choose this provider?

For over 40 years, Kakenmaster & Associates has been providing real estate brokerage and property management services in Waukegan and other areas in northern Illinois. Its property marketing services include traditional marketing using signage, postcards, virtual tours, and open houses, as well as digital marketing in various listing sites. It also handles all aspects of tenant relations, including rent collection and facilitating maintenance requests. The Kakenmaster family also owns an affiliated tax and accounting service that can also handle property owners' accounting needs.

  • Marketing
  • Leasing
  • Tenant Screening

501 Peterson Road, Libertyville, IL 60048 Rating

Review Sources

5.0 (1)

Why choose this provider?

Amtrust Property Management serves investors and tenants in Waukegan. The company takes charge of all the tasks needed to run and maintain an investment property efficiently. Its professional agents execute marketing campaigns to ensure that vacancies are reduced. They also conduct thorough screenings for prospective tenants. The firm has also developed innovative tenant and owner portals. Investors can easily view relevant financial data from their devices, while tenants can pay rent online.

  • Maintenance
  • Marketing
  • Collection

Compare our Top Property Management Companies

NameExpertise RatingAddressPromotionsLearn more
Wilder Management
717 Forest Avenue Suite 254, Lake Forest, IL 60045
Kakenmaster & Associates
333 Peterson Road, Libertyville, IL 60048
Amtrust Property Management
501 Peterson Road, Libertyville, IL 60048


  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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