Condo Management
Capstone Property Management, LLC serves all types of properties from vintage garden-style walk-ups to newly constructed high-rise buildings, from small multi-unit buildings to large townhome associations and planned unit developments. We cover a significant portion of the City of Chicago from the South Loop to Rogers Park.
We are experienced in facilitating recent developer turnovers, as well as strengthening and improving established associations. We develop relationships with the Board of Directors, unit owners, and Association employees and regular contractors. We pride ourselves in being more hands-on than other management companies – and believe that this is the key to the Capstone difference. Our tailored services include the following tasks:
ADMINISTRATIVE
- Respond to unit owners' calls and requests by resolving any issues and, if necessary,
communicating them to the Board of Directors.
- Attend association meetings and keep records thereof.
- Work with the Association's legal representatives to resolve litigation and collection matters.
- Act as the interface between the association board and the owners of the property.
- Maintain appropriate records with respect to all of the foregoing.
PROPERTY MAINTENANCE
- Solicit proposals and perform interviews, as appropriate, with vendors providing
insurance, waste removal, accounting audits, engineering assessments, maintenance contracts and other services.
- Oversee the vendors performing on-going services and repairs at the property.
- Perform not less then weekly inspections of the property.
- Interface with the City and other governmental officials on permits and licenses and governmental compliance.
- Oversee capital projects at the property including oversight of architects, engineers and contractors.
- Network with other associations and neighboring properties regarding neighborhood development and other issues.
- Provide 24 hour emergency response with direct access to a Capstone property manager.
FINANCIAL
- Collect assessments and other operating charges and assist in the collection of any delinquent charges.
- Pay all applicable water, electric, gas and other utility and service bills on behalf of the association.
- Prepare the budgets of the association.
- Prepare a reconciliation of the operating budget to actual expenditures and receipts and explain variances, if any.
If you would like to obtain a quote for our management services, please feel
free to contact us directly via the email link or at 773.549.3680.