Evanston Property Management

Chicago's best property management company, providing tenant screening, rent collection, property marketing, and more at reasonable cost.

Evanston Property Management at its best!

Three Pentacles – Expert Property Management Company in Evanston, IL

Looking for reliable property management in Evanston, IL? Three Pentacles is a trusted property management company specializing in both residential property management and commercial property management throughout Evanston 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.

Bring your rental property to a new level! Get in touch now!

We Manage All Types of Properties in Evanston Area

About Evanston

Prior to the 1830s, the area now occupied by Evanston was mainly uninhabited, consisting largely of wetlands and swampy forest. However, Potawatomi Indians used trails along higher lying ridges that ran in a general north-south direction through the area, and had at least some semi-permanent settlements along the trails.  French explorers referred to the general area as “Grosse Pointe” after a point of land jutting into Lake Michigan about 13 miles (21 km) north of the mouth of the Chicago River. After the first non-Native Americans settled in the area in 1836, the names “Grosse Point Territory” and “Gross Point voting district” were used through the 1830s and 1840s, although the territory had no defined boundaries. The area remained only sparsely settled, supporting some farming and lumber activity on some of the higher ground, as well as a number of taverns or “hotels” along the ridge roads. Grosse Pointe itself steadily eroded into the lake during this period. 

In 1850, a township called Ridgeville was organized, extending from Graceland Cemetery in Chicago to the southern edge of the Ouilmette Reservation, along what is now Central Street, and from Lake Michigan to Western Avenue in Chicago. The 1850 census shows a few hundred settlers in this township, and a post office with the name of Ridgeville was established at one of the taverns. However, no municipality yet existed.  In 1851, a group of Methodist business leaders founded Northwestern University and Garrett Biblical Institute. They chose a bluffed and wooded site along the lake as Northwestern’s home, purchasing several hundred acres of land from Dr. John Foster, a Chicago farm owner. In 1854, the founders of Northwestern submitted to the county judge their plans for a city to be named Evanston after John Evans, one of their leaders. In 1857, the request was granted. The township of Evanston was split off from Ridgeville Township; at approximately the same time, that portion of Ridgeville south of Devon Avenue was organized as Lake View Township. The nine founders, including John Evans, Orrington Lunt, and Andrew Brown, hoped their university would attain high standards of intellectual excellence. Today these hopes have been fulfilled, as Northwestern consistently ranks with the best of the nation’s universities.  Evanston was formally incorporated as a town on December 29, 1863, but declined in 1869 to become a city despite the Illinois legislature passing a bill for that purpose. Evanston expanded after the Civil War with the annexation of the village of North Evanston. Finally, in early 1892, following the annexation of the village of South Evanston, voters elected to organize as a city. The 1892 boundaries are largely those that exist today. 

During the 1960s, Northwestern University changed the city’s shoreline by adding a 74-acre (30 ha) lake fill.  In 1939, Evanston hosted the first NCAA basketball championship final at Northwestern University’s Patten Gymnasium.  In August 1954, Evanston hosted the second assembly of the World Council of Churches, still the only WCC assembly to have been held in the United States. President Dwight Eisenhower welcomed the delegates, and Dag Hammarskjöld, secretary-general of the United Nations, delivered an important address entitled “An instrument of faith”.  Evanston first received power in April 1893. Many people lined the streets on Emerson St. where the first appearance of streetlights were lined and turned on. Today, the city is home to Northwestern University, Music Institute of Chicago, and other educational institutions, as well as headquarters of Alpha Phi International women’s fraternity, Rotary International, the National Merit Scholarship Corporation, the National Lekotek Center, the Sigma Alpha Epsilon fraternity, the Sigma Chi Fraternity and the Woman’s Christian Temperance Union.  Evanston is the birthplace of Tinkertoys, and is the one of the locations having originated the ice cream sundae. Evanston was the home of the Clayton Mark and Company, which for many years supplied the most jobs.  Evanston was a dry community from 1858 until 1972, when the City Council voted to allow restaurants and hotels to serve liquor on their premises. In 1984, the Council voted to allow retail liquor outlets within the city limits.

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:

  1. 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.

  2. 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

Three Pentacles, PLLC provided property management services in Cook County, Lake County, DuPage County, McHenry County, and Kane County Illinois. For details see communities listed below:

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
  • 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
  • Barrington
  • Deerfield
  • Gurnee
  • Indian Creek
  • Lake Forest
  • Lincolnshire
  • North Barrington
  • Round Lake
  • Tower Lakes
  • Waukegan

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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