A privately held real estate investment and management organization is seeking a Property Manager to oversee day-to-day operations at a large multifamily residential property in downtown Chicago. The property is undergoing ongoing improvements, and this individual will play a key role in resident satisfaction, property operations, financial performance, and team coordination.
The Property Manager will work alongside an experienced on-site management team and report directly to senior leadership.
Key Responsibilities
- Oversee daily property operations, including resident services, maintenance coordination, vendor management, and overall property appearance.
- Partner with the on-site management team to supervise leasing, maintenance, and support personnel.
- Address resident concerns, service requests, lease compliance matters, and escalated issues.
- Coordinate leasing activity, renewals, move-ins, move-outs, and occupancy initiatives.
- Assist with annual operating and capital budgets, monthly financial reporting, variance analysis, and rent roll reviews.
- Monitor rent collections, delinquencies, tenant billing, and accounts receivable.
- Manage vendor relationships, service contracts, purchasing, invoice processing, and insurance compliance.
- Conduct regular property inspections and coordinate responses to maintenance issues and after-hours emergencies.
Qualifications
- Property management experience within Chicago's multifamily rental apartment market.
- Experience managing residential rental communities, including resident relations and property operations.
- Proficiency with Yardi property management software required.
- Experience supervising or coordinating on-site property personnel.
- Working knowledge of property financials, budgeting, rent collections, and reporting.
- Strong Excel skills and attention to detail.
- Strong interpersonal, communication, and conflict-resolution skills.
- Ability to work collaboratively with other managers and balance resident needs with business objectives.
Work Setup / Location
- Downtown Chicago location.
- 100% on-site, with occasional flexibility.
Why This Role
- This opportunity offers responsibility for a sizable downtown residential property undergoing improvements. The Property Manager will join an established on-site team, work directly with an experienced and supportive leader, and have an opportunity to make a measurable impact on resident satisfaction and property performance.
Property Manager in Chicago at SBI Partners
This position is listed as contract and onsite. It was posted yesterday.