M1 Property Management Company is pleased to offer property management services across most asset classes throughout Illinois, Wisconsin and Indiana.  If you would like to request additional information please call (708) 415-1432.  We will be happy to discuss the management of your property and provide you an estimate of costs.  All real estate services are provided through Coldwell Banker Residential Brokerage and Coldwell Banker Commercial NRT.

 

What is Property Management?

Property management is a service provided by a company to handle the  day to day operations of your property.  Services can vary depending on the involvement of ownership.  Full service is available as well as services custom tailored to ownership. 

 

Are Property Management Services Right For Me?

 

Almost anyone who owns real estate can benefit from property management services!  If you own a residential condo or a retail shopping center you are going to have to devote time and resources to manage your property.  There may be unscheduled events and problems that occur on and off normal business hours that you may not want or be prepared to handle.  Property managers are equipped to deal with these events as unexpected problems and occurences are considered routine.

 

Having a third party representative provides an opportunity to have better relationships with tenants by keeping a productive business relationship in place.  Your typical property manager has experience dealing with most building systems regardless of age, matters concerning non payment of rent and knowledge of the customary practices of construction trades and maintenance personnel. The knowledge applied to day to day operations creates an intrinsic value for ownership.  

Discussing your property will provide answers to any questions you may have and address other concerns that are important to you.

 

 

 

If you are in the market to purchase an investment property, we can assist you with forecasting the costs of property management as well as other expenses related to your purchase.  Please call to (708) 415-1432 to discuss.

 

 

AVAILABLE SERVICES INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING

 

Residential Apartments & Condominium-Homeowner Associations
  • Collection of rents and monthly assessments
  • Professional in house accounting with open books
  • Marketing of available rentals
  • Tenant screening with credit checks and background investigations
  • Eviction services and express special process serving
  • Present for all necessary court appearances
  • Lease negotiations and renewals
  • Enforcement of lease terms
  • 24/7 emergency service
  • Customer service liaison for residents
  • Punchlist style pricing for capital improvements
  • Bid process for routine services
  • Established vendor relationships for random maintenance issues
  • Vendor contract negotiations
  • Supervision of trades that have hourly rates
  • Professional in house maintenance people
  • Preventive maintenance checks

Commercial Property and Leasing

  • Marketing of space for lease through Coldwell Banker Commercial NRT
  • Lease negotiations
  • Lease renewals
  • Enforcement of lease terms
  • Collection of rents, cam and taxes according to lease
  • Professional in house maintenance people
  • Experienced supervision of capital improvements
  • Oversight of all change orders
  • Below market rates for most construction services
  • Experienced build out and construction services available for tenants