Chicago's best property management company, providing tenant screening, rent collection, property marketing, and more at reasonable cost.
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Three Pentacles – Expert Property Management Company in Lincolnwood, IL
Looking for reliable property management in Lincolnwood, IL? Three Pentacles is a trusted property management company specializing in both residential property management and commercial property management throughout Lincolnwood 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 Lincolnwood
About Lincolnwood
In 1816, the first inhabitants, Potawatomi Indians, leave the area after Indian Boundary Treaty. In 1856, German immigrants arrive; European farming settlement begins. In 1873, Halfway House Saloon opens as first commercial establishment. In 1911, the village incorporated with 359 residents. The village was first named Tessville after Johann Tess, the first European to settle the area. In 1932, Lincoln Avenue becomes a state highway. In1936, the name changes from Tessville to Lincolnwood. The name is derived, not directly from the name of the 16th president, but from Lincoln Avenue, which is itself named for former President Lincoln and bisects the community. The name also reflects the planting of 10,000 elm trees along streets in the village during the Great Depression, an effort made possible through the Works Progress Administration. In 1938, Lincolnwood Elementary School District 74 opens.

Housing More than half of all houses in Lincolnwood in 2017 were constructed between 1940 and 1959. In 1942, Bell & Howell opens facilities, encouraging other businesses to move into the village. In 1950, population grows to 3,072. In 1951, Edens Expressway opens. In 1960 Population reaches more than 11,700. The Purple Hotel is constructed at the intersection of Lincoln and Touhy avenues. Named for the color of its brick, it becomes a long-standing icon.
In 1970, Village of Lincolnwood reaches peak population of 12,929. In 1978, Lincolnwood Library District formed; Lincolnwood Chamber of Commerce & Industry created. Development In the mid-to-late-1980s, the village sees a few multistory condominium buildings. By 1990, the community is fully built out, and redevelopment starts in earnest. The Lincolnwood Town Center, a 100-store regional mall, is built on the former Bell & Howell headquarters property at McCormick Boulevard and Touhy Avenue, a new village hall complex is built along Lincoln Avenue and the village establishes its first fire department, having relied previously on the City of Chicago for fire service. This wave of redevelopment sees a number of new buildings constructed with Prairie-style architecture.
By 1995, under the efforts of Mayor Madeleine Grant, the first woman president of the village, an economic development commission is formed to help foster continued community redevelopment and to ensure a strong local tax base. Mayor Grant also expands citizen participation in village government by creating several other citizen-led advisory boards.
Since 2000 The village has continued to redevelop itself by spearheading construction of a new business roadway in the Lincolnwood Business Park, creating public parking lots, developing local and regional recreational paths, making enhancements to the Touhy-Crawford Business District and establishing a plan for the revitalization of Lincoln Avenue. Also, the village has attracted new retail business and new health care facilities, as well as new facilities for existing or expanding businesses.
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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