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Management Services

Community Association Management Across the Chicago Area

The full program that ties governance, finance, and administration together for more than 160 communities and 8,000 units.

Community association management is the umbrella service that connects everything else we do. Whether your property is a condominium, a townhome association, an HOA, or a master association with several sub-associations, the core work is the same: sound governance, accurate finances, and reliable administration.

On governance we prepare meeting notices and packets, attend board and annual meetings, run elections in line with your documents, maintain minutes and records, and keep the board's calendar of statutory and contractual deadlines in front of them.

On finance we handle assessment billing and collections, accounts payable, monthly statements, annual budgets, reserve planning, insurance renewals, and support for the association's audit or review. Boards see the same reporting every month, so trends are easy to spot.

Illinois compliance runs through all of it. Depending on your community that means the Illinois Condominium Property Act, the Common Interest Community Association Act, and the General Not For Profit Corporation Act, plus local ordinances. We track what applies to you and coordinate with association counsel when interpretation is needed.

Our interactive management philosophy is what boards notice first. We stay in contact between meetings, answer homeowners directly, and bring problems to the board with options rather than waiting to be asked. Services are customized so a board can use any or all of our resources depending on goals and budget.

What Is Included

  • Full governance and administrative support
  • Financial management, budgeting, and monthly reporting
  • Illinois statutory compliance tracking
  • 24 hour emergency response at (312) 447-0911
  • Ongoing board education and CAI resources
  • Licensed and CAI-credentialed property managers

Frequently Asked Questions

What is a community association and how is it different from a regular HOA?

Community association is the broad term for any common interest community, including condominiums, cooperatives, townhome associations, and homeowner associations. An HOA is one type of community association, usually made up of single-family homes or townhomes with commonly owned areas.

How does Advantage Management work with boards day to day?

Each board has a dedicated licensed manager as the main point of contact. That manager prepares meeting materials, reports on finances and maintenance, gathers bids, follows up on action items, and stays reachable between meetings by phone and email.

What Illinois laws govern community associations?

Condominiums fall under the Illinois Condominium Property Act. Most other common interest communities fall under the Common Interest Community Association Act. Associations organized as not-for-profit corporations also follow the General Not For Profit Corporation Act, and your declaration and bylaws apply on top of those statutes.

Ready to talk about your property?

Tell us about your community and we will prepare a customized proposal. A member of the team responds within one business day.

Request a Proposal