Chicago's best property management company, providing tenant screening, rent collection, property marketing, and more at reasonable cost.
Elk Grove Village Property Management at its best!
Three Pentacles – Expert Property Management Company in Elk Grove Village, IL
Looking for reliable property management in Elk Grove Village, IL? Three Pentacles is a trusted property management company specializing in both residential property management and commercial property management throughout Elk Grove Village and the surrounding areas. We deliver personalized, professional property management services tailored to meet the unique needs of property owners. Whether you’re managing a single-family home, apartment complex, retail space, or office building, Three Pentacles provides the hands-on support and local expertise you can count on.
We Manage All Types of Properties in Elk Grove Village
About Elk Grove Village
Named for the native elk that roamed the northern Illinois forests and grasslands, Elk Grove Village was initially settled in 1834 by pioneer New England farmers. By 1848, German-immigrant farmers soon settled in the area, establishing a thriving community that would eventually become Elk Grove Village. The rural community transformed into a center of commerce when Douglas Aircraft built a military transport manufacturing plant in nearby Orchard Place during World War II. Following the war, the industrial facility and land was sold for $1 to the City of Chicago as war surplus. The location would then become the world’s busiest airport – O’Hare International Airport. The phenomenal expansion of O’Hare during the 1950s and 1960s closely parallels Elk Grove Village’s growth as a successful community and leading Midwest industrial center.
The Village’s expansion is also attributed to an enterprising group of Dallas-based land developers that selected Elk Grove Village as its site for a planned community during the 1950s. Centex Corporation chose the Village because of its proximity to rail, the new air facilities, and major highways. The group acquired 1,500 continuous acres of land to build residential and industrial sections of the community, leading to Elk Grove Village’s incorporation in 1956. A master plan for the controlled growth of the Village was initiated and construction of industrial buildings, homes, corporate offices, retail establishments and schools soon followed. Under the comprehensive plan, the Village was divided in half with residential development to the west and a business park on the east, bordering the airport.
Today, those 1,500 acres have increased to almost 7,000 through more than 150 annexations and the small community of 116 original residents is now home to nearly 33,000 people who have come to appreciate the exceptional community of Elk Grove Village.
Within the 11.6 square miles of Elk Grove Village, there exist two distinct but still united communities: residential and business. Listed in a recently published book, “Fifty Fabulous Places to Raise Your Family” by Melissa Giovagnoli, Elk Grove was included for its excellent parks and recreation, schools, access to transportation, varied housing stock, vibrant economy, low crime rate, exceptional community service, and small-town atmosphere. Thanks to more than $36 million in revenue collected yearly from sales and commercial property taxes, Elk Grove Village is able enjoy one of the lowest property tax rates in the Northwest suburbs.
In addition to Elk Grove’s residential community, it also possesses a booming business community. Beginning from only 90 companies that were opened for business in 1962, there are now over 5,600 firms and service organizations within the Village. It is regionally considered a premier location for business and industry. The five square mile Elk Grove Village Business Park contains the second largest concentration of employment in the state of Illinois, with approximately 100,000 people commuting here for work. It contains a diverse mix of local, national, and international companies.
Another noteworthy source of employment, located outside of the Business Park, is the 125-acre Northwest Point office park. Northwest Point features a 10-story building with 200,000 square feet of office space, a luxury hotel, beautifully landscaped setting, prominent corporate tenants, and other added amenities.
Although the expansion of Elk Grove Village is today limited by the boundaries of its neighbors, it continues to redevelop and thrive as the “Exceptional Community.”
WHY WE'RE DIFFERENT
Our guarantees give you peace of mind, knowing your property is in good hands and that we’re working hard to protect and enhance its value.
With Three Pentacles, PLLC, you’ll have a single point of contact—no more being passed from one representative to another just to get updates on your property. You’ll work directly with a dedicated Asset Manager who knows your property inside and out.
Since 2010, Arthur has served as an Illinois Receiver, managing properties in receivership in both Illinois state courts and the U.S. District Court for the Northern District of Illinois.
We have been closely working with attorneys, judges, and banks. Our managing broker has been an Associate Member of the Chicago Bar Association since 2012.
We are Real Experts in Real Estate™, experienced in property management, real estate investing, mortgages, title insurance, construction, and real estate law. Obtained the following real estate designations and certifications: CCIM, CAI, AARE, PRI, CNE, CIPS, CRB, CRS, GRI, ABR, RECS, SRES, ePRO.
Don’t settle for a typical 9-to-5, Monday-through-Friday property management company—Three Pentacles goes the extra mile, working for you 7 days a week to maximize the value of your property.
Our managing broker is a graduate of an Air Force Academy with a background in aviation engineering. This foundation brings a systems-oriented approach, strong discipline, and sharp analytical skills to our work—enabling us to efficiently help property owners improve and turn around their assets.
We perform tenant screening and background checks using a Private Detective Agency.
We combine modern technology, online-systems, and decades of real estate experience with old fashion values. We run this company the way our grandparents taught us: “Anything worth doing, is worth doing right.” TM
Our team has helped landlords throughout Chicagoland and across Illinois maximize the value of their real estate investments. Let us put our expertise and dedication to work for you, too!
Arthur holds the equivalent of two doctorates in real estate through advanced professional designations:
CCIM Designation (2000): In 2000, Arthur earned the prestigious Certified Commercial Investment Member (CCIM) designation from the CCIM Institute. This designation is awarded upon completion of a rigorous graduate-level curriculum and demonstration of extensive qualifying experience. Recognized globally, CCIM professionals are regarded as experts in commercial and investment real estate.
CAI Designation (2010): In 2010, Arthur completed the Certified Auctioneers Institute (CAI) program at Indiana University. This graduate-level program focuses on asset liquidation and auction strategies, and is the highest professional designation in the auction industry.
Since earning his CAI designation, Arthur has served as a court-appointed Receiver in Illinois, managing distressed and litigated properties under the jurisdiction of both state and federal courts.
We understand the ins and outs of local real estate
Cook County
Three Pentacles, PLLC provides property management services across North and Northwest areas of Cook County, Illinois. Our experienced team understands the unique needs of property owners and tenants in North and Northwest areas of Cook County, offering tailored solutions that ensure success:
DuPage County
Three Pentacles, PLLC provides property management services in DuPage County, Illinois. Three Pentacles manages residential properties and commercial properties in DuPage County, IL. For more information see communities listed below:
- Addison
- Bloomingdale
- Darien
- Glen Ellyn
- Lisle
- Roselle
- Wayne
- Winfield
- Aurora
- Bolingbrook
- Downers Grove
- Hanover Park
- Lombard
- Schaumburg
- West Chicago
- Wood Dale
- Bartlett
- Burr Ridge
- Elk Grove Village
- Hinsdale
- Naperville
- St. Charles
- Westmont
- Woodridge
- Batavia
- Carol Stream
- Elmhurst
- Itasca
- Oak Brook
- Villa Park
- Wheaton
- Bensenville
- Clarendon Hills
- Glendale Heights
- Lemont
- Oakbrook Terrace
- Warrenville
- Willowbrook
Lake County
Three Pentacles, PLLC provides property management services to property owners in Lake County, Illinois. Three Pentacles manages residential properties and commercial properties in Lake County, IL. For details see communities listed below:
- Antioch
- Buffalo Grove
- Grayslake
- Highland Park
- Lake Barrington
- Lakemoor
- Mettawa
- Port Barrington
- Round Lake Park
- Wadsworth
- Bannockburn
- Deer Park
- Green Oaks
- Highwood
- Lake Bluff
- Libertyville
- Mundelein
- Riverwoods
- Third Lake
- Wauconda
- Barrington
- Deerfield
- Gurnee
- Indian Creek
- Lake Forest
- Lincolnshire
- North Barrington
- Round Lake
- Tower Lakes
- Waukegan
- Barrington Hills
- Fox Lake
- Hainesville
- Island Lake
- Lake Villa
- Lindenhurst
- Old Mill Creek
- Round Lake Beach
- Vernon Hills
- Wheeling
- Beach Park
- Fox River Grove
- Hawthorn Woods
- Kildeer
- Lake Zurich
- Long Grove
- Park City
- Round Lake Heights
- Volo
- Winthrop Harbor
McHenry County
Three Pentacles, PLLC provides property management services in McHenry County, Illinois. Three Pentacles manages residential properties and commercial properties in McHenry County, IL. For more information see communities listed below:
- Algonquin
- Huntley
- Barrington Hills
- Island Lake
- Cary
- Lake in the Hills
- Crystal Lake
- Lakemoor
- Fox River Grove
Kane County
Three Pentacles, PLLC provides property management services in Kane County, Illinois. Three Pentacles manages residential properties and commercial properties in Kane County, IL. For more information see communities listed below:
- Batavia
- North Aurora
- Carpentersville
- Sleepy Hollow
- East Dundee
- South Elgin
- Elgin
- St. Charles
- Geneva
- West Dundee
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