Management Services
Condominium Management Services in Chicago and the Suburbs
Advantage Management has managed condominium associations across Chicago and the surrounding suburbs since 1999. Every building is assigned a licensed manager who knows the property.
Condominium associations in Illinois operate under the Illinois Condominium Property Act, and boards carry real legal and financial responsibility for the decisions they make. Advantage Management handles the day to day work so the board can focus on direction rather than paperwork. We prepare budgets, track reserves, produce monthly financial statements, and keep records organized and ready for review.
Maintenance is where most residents judge a management company. We coordinate routine service, seasonal work, and emergency repairs through vendors we have worked with for years. Residents reach a real person during business hours, and our 24 hour emergency line at (312) 447-0911 is answered every night, weekend, and holiday.
Vendor management is handled with the board's budget in mind. We solicit competitive bids for roofing, tuckpointing, elevator service, landscaping, snow removal, and capital projects, then present the options with a clear recommendation. Boards make the final call with complete information in front of them.
Communication is the part most companies get wrong. We attend board meetings, prepare the packet in advance, follow up on action items, and keep owners informed about work that affects their homes. Our managers stay in regular contact with boards throughout the year, not just before the annual meeting.
Every Advantage Management property manager holds an active Illinois license and participates in ongoing education through the Community Associations Institute. The firm itself holds the AAMC accreditation, which CAI awards only to management companies that meet strict standards for experience, staffing, and integrity.
What Is Included
- Licensed property manager assigned to your building
- Monthly financial reporting and budget preparation
- 24 hour emergency line at (312) 447-0911
- Vendor bid procurement and contractor oversight
- Board meeting preparation and attendance
- Illinois Condominium Property Act compliance support
- Assessment billing, collections, and delinquency tracking
Frequently Asked Questions
What does a condominium management company actually do day to day?
Day to day we collect assessments, pay association bills, answer resident calls and emails, dispatch and follow up on maintenance work, inspect the property, manage vendor contracts, keep association records current, and prepare the financial reports and meeting materials the board needs to make decisions.
How does Advantage Management handle maintenance requests from residents?
Residents submit requests by phone, email, or through the Advantage Connect portal. Requests are logged, assigned to the right vendor or building staff, and tracked until they are closed. Emergencies outside office hours go to the 24 hour line at (312) 447-0911, which is answered live and dispatched immediately.
Is Advantage Management familiar with the Illinois Condominium Property Act?
Yes. Our managers work under the Act every day and follow it for notices, meetings, elections, records requests, budget adoption, and reserve disclosures. We are not attorneys and do not give legal advice, but we keep boards aware of statutory requirements and coordinate with association counsel when needed.
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.