Chicago Property Management

Start getting the returns you deserve today!

We are a full service real estate company focused on the management of residential and multi-family properties in the city of Chicago. We have been helping clients succeed with Chicago real estate for over a decade.

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We Are Paragon Property Management

Managing a rental property successfully requires a lot of time, effort, experience and knowledge. It can feel like a full time job dealing with finding and screening tenants, repairs, complaints, collecting rent and coordinating vendors – and a constant state of stress. Transferring these responsibilities to a good property manager allows you to enjoy the benefits without spending all your free time working.

Why Should I Hire Paragon Property Management?

Chicago Focused Expertise

We have specialized in managing properties in the city of Chicago for over ten years. Our team consists of dedicated Chicago experts, ensuring a deep understanding of the local market dynamics and regulatory landscape.

Competitive Management Fees

We believe in transparency and fairness. With a base management fee as low as 7% of collected income, we offer competitive rates without compromising on quality service. Our commitment to excellence means we only get compensated when you do. Plus, with our in-house maintenance staff, we diligently oversee repairs to ensure cost-efficiency without sacrificing quality.

Investor Focused Approach

Having experienced the frustrations of working with multiple property managers firsthand, we founded Paragon Property Management over a decade ago to provide a superior solution. As fellow owners and investors, we empathize with your concerns and prioritize your success as if it were our own.

Frequently Asked Questions

Answers to your frequently asked questions.

What type of properties do you manage?

We manage multi-family apartment buildings as well as single family homes and condominiums.

Are you licensed?

Yes, Paragon Property Management Group LLC is an Illinois licensed real estate brokerage. In Illinois, any company that offers property management services must be licensed in Illinois.

How do I get my money each month?

After closing out the monthly accounting cycle, we send owners excess funds by direct deposit often as early as the 10th of the month, but no later than the 15th.

How long will it take to get my property rented?

Properties that show well and are priced appropriately receive applications within the first week or two. However, to ensure the best long-term success for your property, we must emphasize our thorough tenant screening process and ensure we only select qualified applicants. To ensure the property attracts responsible quality applicants, we will recommend repairs necessary to ensure the property is in good rentable condition, provide our target rental price recommendations supported by data from nearby rent comparables, and provide weekly leasing activity report including any feedback to ensure we minimize any vacancy time.

Do you inspect my rental property?

We perform periodic inspections at each apartment typically twice per year. We are checking for items such as leaking water (at or around toilets, sinks, faucets, plumbing, radiators), evidence of insects or mice or other pest control issues, lease violations, safety hazards, property deterioration, or other issues within the unit. This also helps the tenant understand that we are looking out for them and taking care of the property. We have found that tenants sometimes do not notify us about certain issues which can lead to bigger problems later whether affecting other tenants at the property, emergencies call-outs, or property deterioration.