Jobs · Management · Illinois

Residential Property Manager ...

Chicagoland Apartment Association · Deerfield, IL · 1 mo ago
Management$75k–$85k/yrFull-time

About the role

Frontline Real Estate Partners is seeking an experienced and highly motivated Residential Property Manager to support the continued growth of its residential property management division. The role manages a diverse portfolio of market‑rate and affordable multifamily assets—including Class B and C properties—in urban and economically challenged neighborhoods throughout the Chicago MSA and surrounding states. Many assets are distressed, underperforming, or in transition and may be managed through court‑appointed receiverships, lender‑directed assignments, or REO engagements. The position requires strong judgment, accountability, and a hands‑on approach to problem solving, with frequent on‑site engagement.

Responsibilities

  • Coordinate routine maintenance, emergency repairs, and capital projects across assigned residential properties.
  • Oversee vendor performance, maintain strong working relationships, and manage competitive bidding for services and improvements.
  • Conduct regular property inspections, document conditions, and recommend necessary improvements.
  • Manage unit turnover, move‑ins, and move‑outs, ensuring compliance with policies and proper documentation.
  • Coordinate with local municipalities, inspectors, and utility providers as needed.
  • Assist with property stabilization efforts, including operational and physical improvement initiatives.
  • Provide responsive and respectful communication with residents; address maintenance requests, complaints, and service issues promptly.
  • Enforce lease terms and house rules consistently and professionally.
  • Actively manage rent collection and minimize delinquency.
  • Work with subsidized housing programs (if applicable), handling documentation and compliance requirements.
  • Prepare and manage annual operating and capital budgets.
  • Monitor financial performance using Yardi Voyager and ensure accuracy of records.
  • Approve invoices and control property expenses in line with budget expectations.
  • Oversee rent collections, subsidy payments, and vouchering as needed.
  • Review monthly financial reports and identify operational opportunities for improvement.

Qualifications

  • Minimum 3–5 years of multifamily property management experience, preferably with Class B/C, affordable housing, workforce housing, or distressed assets.
  • Proven ability to manage operations in challenging urban environments and economically underserved neighborhoods.
  • Comfortable conducting regular property visits and interacting with residents, vendors, contractors, and municipal officials.
  • Strong organizational skills with the ability to handle competing priorities.
  • Proficient in Microsoft Office; experience with Yardi Voyager and RentCafe is a plus.
  • Excellent written and verbal communication skills with a professional and responsive demeanor.
  • Ability to work independently in both office and field environments.
  • Team‑oriented with a collaborative and proactive mindset.
  • Construction, renovation, or project management experience is a plus.
  • Valid driver’s license.

Benefits

  • 401(k) plan
  • Health insurance
  • Dental insurance
  • Paid time off

Pay

Salary range: $75,000 – $85,000, commensurate with experience and qualifications.

Schedule

Monday through Friday, with after‑hours phone and email availability for emergency situations.

Work Location

Primary office: Deerfield, IL. Property locations include multifamily buildings throughout the City of Chicago, surrounding suburbs, and select out‑of‑state markets. The role involves regular property visits and field work; office and field time vary based on portfolio needs, and occasional out‑of‑market travel may be required.

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