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Property Manager Salary
in Chicago, Illinois

$90,164 (USD)

Average Salary


Average Hourly


Average Bonus

Last updated: June 19, 2019

Salary Recap

The average pay for a Property Manager is $90,164 a year and $43 an hour in Chicago, Illinois, United States. The average salary range for a Property Manager is between $63,841 and $111,722. On average, a Bachelor's Degree is the highest level of education for a Property Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

Scroll for Salary Potential, Education and Skills

Job Summary

  • Controls commercial, industrial, or residential real estate properties within organization or for external clients.
  • Discusses terms and conditions for providing management services with client.
  • Composes agreement stipulating extent and scope of management responsibilities, services to be performed, and costs for services.
  • Employs, via hiring or contracting for services, security, maintenance, and groundskeeping personnel and on-site management personnel, if required.
  • Prepares lease or rental agreements for lessees and collects specified rents and impounds.
Property Manager Job Prevalence in Chicago, Illinois, United States

Job family: Property, Real Estate, and Community Association Managers

Job family population: 186,720

Estimated population of Property Manager jobs: 12,772

Rate of error: 1.2%

Salary Potential

Estimated salary in 2024:
5 Year Change:
16 %



About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Property Manager Job Listings for Chicago, Illinois

Condominium Licensed Property Manager
Jun 16
Chicago, IL, USA
Prairie Shores Property Management LLC
Growing Chicago condominium property management firm seeking to add to our fine staff of licensed property managers. Successful candidate will have a CMCA or CPM license to manage associations. This ...
Regional Property Manager needed as RE Solutions Consultant / w travel
Jun 13
Chicago, IL, USA
MIT Recruit
Large Property management (multiple location) experience is a plus -work from home with travel. The Real Estate Technology Consultant is ultimately responsible for the success of our business ...
Property Manager, Multi-Asset Portfolio
Jun 17
City of Chicago, IL, USA
Group Fox
We are seeking a Property Manager for a multi-asset residential portfolio. We want you to become a part of our team! Responsibilities: * Oversee and coordinate all day-to-day operations including ...
Luxury High Rise Property Manager
Jun 4
Chicago, IL, USA
The Community Manager is the property leader for the 38 personnel - vendors and employees combined - and nearly 1,100 residents onsite. Heads up, your schedule will vary. We need you full time, up to ...
Property Manager
Jun 6
Chicago, IL, USA
CLK Multifamily Management
CLK Multifamily Management is searching for an experienced and motivated leader who will thrive in a challenging and fast-paced environment for our Chicagoland area properties. As our Property ...
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