Now Managing: Shore Crest Apartments | 420 Wrightwood Avenue

PRG Management Now Manages Shore Crest Apartments: 116 units in Lincoln Park

PRG Management is pleased to announce our newest management assignment: Shore Crest Apartments, located at 420 W Wrightwood Avenue in Chicago’s highly sought-after Lincoln Park neighborhood. This 116-unit vintage building, situated along a picturesque, tree-lined street, represents part of a broader management initiative we are proud to undertake along N. Pine Grove Avenue in nearby Lakeview.

Shore Crest Apartments

Constructed in 1921, Shore Crest Apartments holds the aesthetics of classic Chicago architecture. Each of 116 units in the building features updated interiors, including refinished hardwood flooring, granite countertops, stainless steel appliances, and modernized bathrooms, delivering timeless elegance paired with everyday comfort.

Shore Crest boasts a vintage façade, luxurious common areas, and thoughtfully designed upgrades that blend the building’s original character with the modern age. Its architectural integrity and unbeatable location continue to make it one of the most desirable addresses in Lincoln Park, and our Chicago property management team is thrilled to have the opportunity to work with this beautiful building.

Full-Service Chicago Rental Management

At PRG Management, we take a proactive and hands-on approach to Chicago property management. With Shore Crest Apartments, we are delivering a comprehensive suite of rental management services, including leasing management, maintenance coordination, vendor management, and financial reporting for owners. PRG Management focuses on delivering a balance of proven professional services to the building and exceptional support to its residents. For example, our state-of-the-art online portals allow tenants to submit maintenance requests, ask questions, or access important information 24/7.

Currently, the building is undergoing some routine exterior work to preserve its architectural character of the building. Our hands-on management strategy ensures that buildings like Shore Crest Apartments not only maintain their historic beauty and charm but also operate at peak efficiency, providing both owners and tenants with a superior service and a sense of pride in the building & community they live in.

About PRG Management

PRG Property Management is a full-service Chicago property management company, home to a team of reliable and accomplished brokers, distinguished property managers, and incredible support staff. PRG Management offers a broad range of Chicago property management services for landlords and investment properties that prioritize maximizing your income and minimizing your headaches.

If you’re interested in stress-free Chicago property management, contact us today for a free proposal and more information on our HOA & condo management services.

Illinois Senate Bill 1563: Squatter Relief for Property Owners, Landlords, & REO Professionals

Illinois Senate Bill 1563: Squatter Relief for Property Owners, Landlords, & REO Professionals

Illinois Senate Bill 1563, widely known as the “Squatter Bill”, has passed both houses and is awaiting Governor JB Pritzker’s approval. This bill is a pivotal shift in how unauthorized occupants, or “squatters,” are managed statewide. As housing challenges evolve statewide, IL SB 1563 addresses long-standing frustrations property owners have faced when dealing with individuals who exploit the legal gray areas to unlawfully occupy homes and rental properties, often without paying any rent.

For Chicago landlords, investors, REO managers, and property managers, this legislation marks a turning point in the rental market. It offers legal clarity while providing more enforcement power and quicker resolution timelines without navigating the often costly and time-consuming eviction courts. Understanding the specifics of IL SB 1563 and its practical applications will help you better protect your Illinois assets and bolster your long-term investment strategy.

What IL SB 1563 Fundamentally Changes

Senate Bill 1563 introduces long-awaited protections for property owners by clarifying the distinction between unlawful occupants (“squatters”) and lawful tenants. The bill reinforces already existing property rights without altering the judicial due process. It simply enables the enforcement of existing criminal laws in clearer, more actionable ways, like allowing police to act decisively when there’s no valid lease. The legislation:

• Affirms that the Illinois Eviction Article does not restrict police from removing criminal trespassers.

• Empowers law enforcement to take immediate action when property owners show legal ownership.

• Criminalizes the use of fraudulent documents or false identity to claim residence in a property.

How SB 1563 Works in Practice

For owners and property managers in Chicago, SB 1563 dramatically simplifies the squatter response process. This new legal path enables Chicago property management companies to expedite turnover processes, reduce vacancy time, and protect clients from losses resulting from adverse possession attempts, lease fraud, and unauthorized occupancy. IL SB 1563 provides a clearer legal process for resolving squatter incidents. These steps include:

1. Owner confirms legal control: typically with a deed, title, or other proof of ownership.

2. Police review on-site documentation: to verify the absence of a lawful tenancy or lease agreement.

3. Trespasser is removed: no civil eviction filing needed, minimizing delays and property damage risk.

4. Property is resecured and reoccupied: typically within days instead of months.

Updated Overview of the Law

IL SB 1563 primarily aims to clarify the existing ambiguities and gray areas in the current law to help restore enforcement authority to local municipalities. This legislative change doesn’t diminish tenant rights, but instead restores a balance by clarifying which situations are considered unlawful occupancy and legal residency. Giving property owners a stronger foundation to act quickly and lawfully while protecting their other tenants. Specifically:

• It updates language in Illinois’ Eviction Article to affirm that criminal trespass enforcement remains valid and enforceable, even if civil eviction is not yet underway.

• The bill targets individuals using forged leases, fraudulent documentation, or identity misrepresentation to delay removal or create confusion over tenancy.

• Supported by both Democratic and Republican lawmakers, the bill passed with overwhelming bipartisan support and now awaits Governor J.B. Pritzker’s expected signature.

IL SB 1563: What Are The Next Steps?

As of June 18th, Illinois SB 1563 has been sent to Gov. JB Pritzker for his approval, the last step in the legislative process. Although he has 60 calendar days to decide, political and real estate leaders in Springfield express strong confidence that Gov. Pritzker will sign the measure. His supporters cite direct engagement with his administration and broad bipartisan backing as clear indicators that the bill is likely to become law.

So if you are a property owner, landlord, or REO professional experiencing squatters in your Chicago investment property and are seeking to file an eviction, now is the time to prepare. IL SB 1563 gives Chicago property management companies like PRG Management the legal authority to act quickly and decisively, allowing the police can take immediate action once proof of ownership is provided, so squatter issues can be resolved almost immediately.

With the new legal framework from IL SB 1563, PRG Management’s experienced Chicago property managers are here to support landlords and property owners with any tenant-related issues affecting your cash flow. With over 2,800 units managed and $1B in assets under care, PRG Management provides customized Chicago property management solutions, including tenant management, compliance oversight, financial reporting, and much more. To talk to a property manager about how IL SB 1563 impacts your properties or tenants, contact PRG Management anytime. Our experienced Chicago property team is happy to answer any questions about your investment and provide a free proposal for services.

Take Action Against Illinois HB3564

A new Illinois housing bill, Illinois HB3564, is now under review in the Illinois Senate and could significantly change how rental housing is managed across Chicago and the state. While supporters promote the legislation as tenant-friendly, industry experts warn that it could lead to fewer available rental units, reduce protections for property owners, and make it harder for investors and landlords to offer quality rental housing in Illinois.

Read more and learn how to take action on PearsonRealtyGroup.com

Update on PRG Management's Facilities Management Services in Chicago

In today's fast-paced business environment, efficient facilities management is crucial for national organizations aiming to maintain seamless operations across multiple locations. At PRG Management, we specialize in delivering top-tier facilities management and maintenance solutions tailored to meet the unique needs of large-scale enterprises.

Comprehensive Facilities Maintenance Services

Our team of seasoned property management professionals is dedicated to ensuring that your facilities operate at peak efficiency. Our national facilities maintenance services include:

• Preventative Maintenance: Performing regular inspections and servicing to prevent potential issues before they escalate.

• HVAC System Management: Ensuring systems have optimal climate control for comfort, energy efficiency, and safety prevention.

• Electrical and Plumbing Services: Ensuring attention to essential systems to minimize disruptions and structural damage.

• Janitorial and Sanitation Services: Maintaining a high standard of cleanliness and hygiene standards across all facilities.

• Emergency Repair Services: Our rapid response teams are ready to address a wider array of unforeseen issues 24/7, rain or shine.

Why Choose PRG Property Management?

PRG Property Management is a full-service property management company located in Chicago, serving clients nationwide. Partnering with PRG Management offers numerous advantages:

• Nationwide Reach with Local Expertise: While we operate on a national scale, our local teams provide a personalized touch to our facilities management services, ensuring that each facility's specific needs are met.

• Cost-Efficient Services: By consolidating maintenance services under one provider, we can drive proven streamlined processes with reduced operational costs and efficient project turnover.

• Proven Track Record: Our management portfolio includes successful collaborations with national brands, including financial institutions (such as Fannie Mae, Freddie Mac, Chase Bank, Fifth Third Bank, and more) and Fortune 500 companies, delivering consistent and reliable maintenance solutions.

Tailored Solutions for Diverse Industries

We understand that different industries have unique regulations & requirements. Our customizable maintenance plans are designed to align with your specific operational goals. The scope of your coverage can be as comprehensive as you desire, allowing you to be more hands-off while your property is cared for. Whether you're in retail, healthcare, corporate offices, or industrial sectors, our facility management services have you covered through it all.

Our Commitment to Excellence

At PRG Property Management, we pride ourselves on our commitment to excellence and unmatched client support, no matter how big or small. Our property management teams keep a finger on the pulse of the latest local and national industry standards and relevant technological advancements to provide you with innovative and effective maintenance solutions.

Contact PRG Property Management Today: Your Trusted Partner in National Facilities Maintenance.

From preventative maintenance to efficient emergency services, it's critical to have proper facilities management procedures in place to keep operations moving smoothly. Discover how PRG Management can enhance your facilities' performance through our top-tier facilities management and maintenance solutions. Contact us here or by using the form below today to discuss your maintenance needs and learn more about our comprehensive services.

How Commercial Property Management Boosts Profitability in Chicago

Investing in commercial real estate in Chicago presents a tremendous opportunity for property owners and investors. With the proper care, a commercial property can deliver a high level of profitability. However, maximizing profitability requires strategic management to optimize cash flow, reduce expenses, and increase property value. Professional Chicago commercial property management plays a crucial role in achieving these goals. Here’s how expert property management increases a commercial building's profitability in the competitive Chicago market.

1. Maximizing Rental Income

One of the primary ways a commercial property management firm enhances profitability is by setting competitive rental rates and ensuring maximum occupancy. Professional Chicago property managers conduct thorough market analysis to determine optimal lease pricing while remaining competitive in Chicago’s dynamic real estate market. A good commercial management team will also implement tenant retention strategies to minimize vacancies and maintain a steady cash flow.

2. Reducing Operating Costs

Effective commercial property management focuses on cost efficiency without sacrificing quality. Property managers negotiate vendor contracts for maintenance, cleaning, and security services, securing the best rates through established industry relationships. By working with an experienced Chicago property management company like PRG Management, you can benefit from the extensive network of trusted vendors for a huge variety of situations. Additionally, routine property inspections and proactive maintenance help prevent costly emergency repairs and extend the lifespan of key assets.

3. Ensuring Compliance & Risk Mitigation

Chicago’s commercial real estate sector comes with its own set of various special regulations, including zoning laws, safety codes, and tax assessments. A professional property management team ensures full compliance with local, state, and federal laws, reducing the risk of fines, legal disputes, and liabilities. This proactive approach safeguards your investment while minimizing unexpected expenses that can arise from legal liabilities. PRG Management ensures our property managers are always up to date on local and federal changes so we can better serve our clients.

4. Efficient Lease Management & Tenant Relations

Just like residential investments, a commercial investment’s source of income is its tenants. Strong tenant relationships lead to higher satisfaction and long-term lease agreements, securing a stable revenue stream. Maintaining these relationships and efficiently handling lease negotiations, renewals, and enforcement requires expertise to protect the owner's interests. When there is no one to ensure tenant satisfaction you run the risk of losing their trust with larger financial pitfalls down the line. The property managers at PRG Management ensure leases are structured with favorable terms, enforce timely rent collection, and mitigate disputes. 

5. Enhancing Property Value & Preventative Maintenance

Well-maintained commercial properties command higher rental rates and attract quality tenants. This includes not only maintaining the grounds around the property but modernizing the property as well. A dedicated management team oversees renovations, curb appeal improvements, and energy-efficient upgrades, all of which contribute to long-term appreciation. An experienced commercial property management team will also perform regular preventative maintenance efforts that align with enhancing a property’s value. 

6. Leveraging Technology & Data Analytics

Modern property management companies like PRG Management, use cutting-edge technology and data-driven insights to optimize operations. Predictive maintenance software, digital lease management systems, and real-time financial reporting provide transparency and efficiency, allowing owners to make informed investment decisions and maximize profitability. Clients who work with PRG Management get access to an app and dashboard that provides key statistics, documentation, and a portal for tenant communications.

Partnering with PRG Management for Chicago Commercial Property Management

PRG Management specializes in managing commercial and investment properties across Chicagoland, ensuring our clients achieve maximum returns on their investments. Our full-service approach includes tenant & lease management, financial oversight, and strategic property improvements tailored to the unique needs of each property owner and investment property.

By leveraging our expertise through years of experience, strong vendor relationships, and cutting-edge technology, we help investors and owners navigate Chicago’s commercial real estate landscape with confidence and most importantly, profitability.

Are you looking to maximize the profitability of your commercial property in Chicago? Contact PRG Management today to learn how our expert property management services can help you achieve your financial goals or fill out the form below to get a FREE management proposal.

New 2025 Chicago Lease

2025 Chicago Residential Lease

Every year the City of Chicago and the Chicago Association of Realtors (CAR) release a new lease, and the 2025 Chicago Lease is now available.

If you need support with leasing, tenant screening, or managing your leases or property, please visit our Rental Management Services page for more information. As always, we recommend an additional addendum to protect our clients further.

For current clients to receive a free digital copy of the 2025 Chicago Lease, please complete the form below and our team will email you a version to download for the transaction.

Now Managing: The Seng Chicago | 869 W Blackhawk St

PRG Management is proud to announce our newest management assignment at The Seng, one of Northside’s new construction housing projects. Situated at the intersection of some of Chicago’s most popular neighborhoods, this 5-story, 34-unit building is one of the city’s new efforts to provide more affordable housing options for residents. This new service agreement between PRG Management and The Seng gives both parties the tools to provide our top-rated Chicago HOA management services such as preventative maintenance, janitorial services, financial services, and board meeting management. 

The Seng (34 units) + PRG Management

The Seng, along with the Chicago Housing Trust, have aimed their sights on making housing more accessible and providing a lower barrier to entry into homeownership. They offer units at below-market prices to those who qualify - applicants need to be certified by the Chicago Housing Trust team and cleared as ‘income-eligible’ and ‘mortgage-ready’ before placing an offer on a unit at The Seng. This provides a chance for families to attain stable homeownership in an area with expanding opportunities. By utilizing PRG Management’s HOA services the Seng can better focus on their mission of providing safe and affordable homeownership for Chicago residents.

CUSTOMIZED SOLUTIONS FOR AFFORDABLE HOUSING

PRG Management is responsible for managing The Seng Chicago by providing a wide range of HOA property management services, including but not limited to financial management, preventative maintenance, board meeting management, and administrative support. PRG Management will provide equitable and efficient management services in individual units, as well as the management of common elements such as the attached heated garage, bike storage, gym, and amenity roof deck. By meeting the unique needs of The Seng and its residents with custom management services, PRG Management’s Chicago HOA team will provide stability and confidence in the day-to-day operations of the building.

about prg management

PRG Property Management is a full-service property management company, home to a team of reliable and accomplished brokers, distinguished property managers, and incredible support staff. PRG Management offers a broad range of services for HOAs, rentals, investment buildings, and a wide range of commercial projects to effectively manage commercial and residential real estate in Chicago and surrounding suburbs. If you’re interested in stress-free property management contact us today for a free proposal and more information on our HOA & condo management services.

Streamlined HOA Management: PRG Management Introduces Cutting-Edge Features

In the world of Homeowners' Association (HOA) management, efficiency and transparency are crucial for fostering strong communities. That’s why PRG Management, your partner in Chicago HOA, condo, and townhome management, is thrilled to announce the rollout of several innovative features designed to streamline operations and enhance the overall experience for homeowners and residents alike.

1. Liabilities Report: Enhancing Financial Oversight

Managing financial obligations is a cornerstone of effective Chicago HOA management, and PRG Management's new Liabilities Report feature is set to revolutionize the process. This new tool provides comprehensive insights into the association's financial liabilities, ensuring transparency and accountability in financial management. With detailed reports and analytics at your fingertips, Chicago HOA boards can make informed decisions to safeguard the financial health of their community.

2. Violations Preview: Improving Compliance Monitoring

Maintaining community standards is essential for preserving property values and promoting harmony among residents. PRG Management's new Violations Preview feature simplifies the process of monitoring compliance with Chicago HOA rules and regulations. From resident parking violations to architectural infringements, this tool provides Chicago HOA boards with a preview of potential violations, allowing for proactive enforcement and timely resolution of tenant/owner violations.

3. Architectural Requests: Streamlining Approval Processes

Managing architectural requests efficiently is vital for maintaining the aesthetic integrity of the community while accommodating residents' needs. PRG Management's new Architectural Requests feature simplifies the submission and approval process for architectural modifications. Residents can submit requests online, track their progress, and communicate with their Chicago HOA board seamlessly, ensuring a streamlined and transparent approval process for all parties involved.

4. Resident Center Resources: Empowering Homeowners

At PRG Management, we understand the importance of fostering a sense of community and providing residents with convenient access to essential resources. That's why we're excited to introduce Resident Center Resources, a centralized “town board” hub where homeowners can access important documents, community announcements, and helpful resources anytime, anywhere. From meeting minutes to community guidelines, residents have everything they need to stay informed and engaged in community matters.

Experience the PRG Management Advantage Today

Ready to elevate your HOA management experience with PRG Management's innovative technological tools and dedicated support? View our suite of property management services to learn more about these exciting new features and how they can benefit your community. With PRG Management by your side, you can streamline operations, enhance transparency, and foster a thriving community that homeowners are proud to call home.

If you have any questions please feel free to call us at (312) 600-8896 or fill out the form below and a Chicago property manager will be in touch!

Now Managing: South Shore Lakeview Apartments LLC | 7801 S. South Shore

In Chicago’s booming South Shore neighborhood, PRG Management has recently taken on an exciting new management assignment in partnership with South Shore Lakeview Apartments LLC. The classic red-brick residential complex at 7801 S. South Shore is now accepting applications for a variety of units from cozy studios to spacious 3-bedrooms. Multi-family buildings all over the city like this one provide an essential piece to raising a family in Chicago, a safe and dependable space that is cared for. PRG Management is proud to provide our Chicago rental property management services to help fill these vital spaces and help maintain a high standard of care for the building. We work closely with our sister company, Pearson Realty Group, to assist with leases to fill vacancies quickly. From tenant management and leasing services to preventative maintenance and repairs, PRG Management’s comprehensive rental management has you covered.

Recently all units have received full kitchen and bathroom renovations with updated fixtures, along with massive renovations to roof exteriors in the past years, making these spaces even more desirable. Take a look below to see some interesting property highlights and some coming changes to the neighborhood that can massively increase property values!

7801 S. South Shore Highlights

• Property Value: $3,099,000

• Year Built: 1961

• Building Size: 32 Units

• Stories: 4

Unit Mix:

• Type 1: 5 units (Studios, 1 Bath)

• Type 2: 9 units (1 Bed, 1 Bath)

• Type 3: 15 units (2 Beds, 1 Bath)

• Type 4: 3 units (3 Beds, 1 Bath)

SEE FULL PROPERTY DETAILS HERE

Obama Presidential Library: revitalizing the area

Located less than three miles from 7801 S South Shore Dr, is the future site of the Obama Presidential Library, a huge project that will enhance the neighborhood appeal and increase property values. The library, a major cultural and educational hub, will attract visitors and major new investments to the South Shore and surrounding neighborhoods. We look forward to the completion of this project and seeing the positive impacts that it has on the local community and Chicago as a whole. Look out for more updates.

PSIQUANTUM QUANTUM COMPUTING CENTER: Reshaping the south shore

American quantum computing company, PsiQuantum recently announced plans to open a massive quantum computer at the old Chicago US Steel South Works property, just minutes away from 7801 S. South Shore. This development is poised to revitalize the surrounding area by bringing in massive investments, and hundreds of jobs, improving property values, and solidifying Chicago as a modern tech hub. Learn more about PsiQuantum’s 1st US-Based Utility-Scale Quantum Computer in Chicago

PRG Management offers top-tier rental management services for South Shore Lakeview Apartments LLC in Chicago’s South Shore neighborhood. From leasing and tenant management to maintenance and repairs, our comprehensive services ensure a high standard of care for this beautifully renovated property. Trust PRG Management to keep your living space safe, comfortable, and well-maintained.

Are you a landlord or property owner struggling with tenant management or filling vacant spaces? Contact PRG Management today or fill out the form below to receive a free proposal of services and see how we can help maintain profitability in all of your investments!

Now Managing: Park View Marquette LLC | 3000 W. Marquette

PRG Management is proud to announce a recent partnership with Park View Marquette LLC to manage a 85-unit apartment building in Chicago’s Chicago Lawn/West Lawn neighborhood. Located at 3000 W Marquette Road, just across the street from Chicago’s vibrant Marquette Park, this exciting new partnership is the latest multi-family complex that PRG Management has been entrusted to help manage with our award-winning Chicago property management services. We provide this stunning 85-unit apartment building with comprehensive rental management services from regular maintenance and upkeep to lightning fast unit turnovers and work with our sister company, Pearson Realty Group to vet tenants and navigate lease negotiations. PRG Management has a wide network of trusted vendors and crews that can respond quickly to any request or emergency and provide residents with safe living spaces and peace of mind.

The classic Chicago red and brown brick exterior is adorned with intricate ornamental glazed terra cotta designs, making it a standout in the area and an important feature to maintain with regular preventative maintenance. 3000 W Marquette features bright, sunny units with real hardwood flooring, and updated kitchens and bathrooms in every unit. With a unit mix of 1, 2, and 3-bedroom apartments, it’s a versatile investment that provides a dependable and safe living space for Chicago residents.

3000 W. Marquette Road Highlights

• Property Value: $7,100,000

• Year Built: 1927

• Building Size: 85 Units

• Stories: 4

SEE FULL PROPERTY DETAILS HERE

Terra Cotta Design

Ornamental glazed terra cotta designs are a unique and distinctive architectural feature that adds aesthetic value and carries a historical significance to an investment property. These intricate, decorative elements were popular in the early 20th century and are known for their vibrant colors and ability to withstand the elements. This timeless feature enhances the property's appeal for potential investors while also attracting tenants who appreciate living in a Chicago building with character and deep history. By providing Chicago preventative maintenance services for Park View Marquette LLC, we can help ensure these timeless fixtures stay around for years to come.

Are you a landlord or property owner battling with keeping your investment property out of the red? Contact PRG Management today or fill out the form below to receive a free proposal of Chicago property management services and see how we can help create and maintain consistent profitability in all of your investments!