Property Manager - Commercial
Full-time
Melrose Park, IL, USA
USD 75k-85k / year
Property Manager – Commercial
Chicago Western Suburbs, IL | On-Site / Field-Based
$75,000–$85,000 + Bonus
We are partnering with an established, family-owned commercial real estate organization with a growing portfolio of retail and community shopping centers throughout the Chicago market. With more than 40 years in business, the company has built a strong reputation around long-term ownership, community involvement, innovation, and creating high-quality experiences for both tenants and the neighborhoods they serve.
This is an excellent opportunity for an experienced Assistant Property Manager who is ready to take the next step into a Property Manager role, or a Property Manager looking to join a growing, collaborative organization.
The Opportunity
You will be responsible for the day-to-day management of a portfolio of eight commercial properties, primarily retail shopping centers throughout the Chicago area.
This is a hands-on position where you will be out at the properties, interacting with tenants and vendors, solving problems, overseeing projects, and making sure each property is operating at a high level.
What You'll Do
- Manage the day-to-day operations of an eight-property commercial portfolio
- Conduct regular property inspections and ensure each location is maintained to company standards
- Build, manage, and track annual operating and capital budgets
- Monitor expenses and identify opportunities to improve property performance
- Coordinate and oversee capital improvement projects from planning through completion
- Manage relationships with tenants and serve as a primary point of contact for property-related needs
- Source, negotiate with, and manage third-party vendors and service providers
- Troubleshoot property issues and take ownership of problems through resolution
- Partner closely with accounting, leasing, marketing, and leadership teams
- Provide insight into tenant performance, property conditions, and opportunities across the portfolio
- Ensure properties remain compliant with applicable legal, regulatory, and environmental requirements
- Respond to occasional after-hours property emergencies as needed
What We're Looking For
- 2–3+ years of commercial property management experience
- Open to an Assistant Property Manager ready to advance into a Property Manager position
- Retail or shopping center experience is strongly preferred
- Residential-only property management backgrounds will not be considered
- Experience working with operating and/or capital budgets
- Strong vendor management and project coordination experience
- Confident problem solver who can independently assess issues and drive solutions
- Strong communication and relationship-building skills
- Highly organized and comfortable managing multiple properties and competing priorities
- Comfortable utilizing technology, reporting tools, and data to manage properties effectively
- Must be comfortable regularly driving between properties throughout the Chicago market
- Valid Illinois Real Estate License required
Why This Opportunity?
This company is continuing to invest heavily in the Chicago market, with its local portfolio now representing approximately 1.6 million square feet across eight properties. As the portfolio grows, there is significant opportunity for this individual to grow their scope, responsibility, and career alongside it.
You'll join a small, close-knit Chicago team where collaboration matters and individuals have the opportunity to make a visible impact. The broader organization manages more than 100 shopping centers and 13+ million square feet across multiple states while maintaining the entrepreneurial, relationship-driven environment of a family-owned business.
The company also takes a forward-thinking approach to commercial real estate, embracing technology, data, and new tools to improve how its properties are operated and how tenants and communities are served.
Benefits
- Company-paid HMO medical plan with PPO buy-up option
- Dental and vision coverage
- FSA
- Company-paid life insurance and long-term disability
- 401(k) with company match
- Paid vacation, sick time, holidays, and personal day
- Mileage reimbursement for travel between properties
- Discretionary annual bonus
- Long-term growth opportunity as the Chicago portfolio continues to expand
If you're an Assistant Property Manager who feels ready to own a portfolio — or a commercial Property Manager looking for a company where you can have real visibility and impact — this is an opportunity worth exploring.
We look forward to your application!