Chicago's best property management company, providing tenant screening, rent collection, property marketing, and more at reasonable cost.
Mount Prospect Property Management at its best!
Three Pentacles – Expert Property Management Company in Mount Prospect, IL
Looking for reliable property management in Mount Prospect, IL? Three Pentacles is a trusted property management company specializing in both residential property management and commercial property management throughout Mount Prospect 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 Mount Prospect
About Mount Prospect
Mount Prospect, Illinois is a northwest suburb of Chicago. With a diverse population of over 54,000, an extensive school system and a strong base of both retail and professional businesses, Mount Prospect is a vibrant community that has much to offer yet retains a sense of small-town charm. The original inhabitants of the area that today encompasses Mount Prospect were Native Americans. Yankees were the first American settlers to the area and the first to clear the land and establish farms. Yet, the second group, German immigrants, had the most significant impact in terms of population and cultural traditions.
In 1850, the train rolled into town. This led to an increasing specialization in the farming community. Not long after the train station was built, others began building stores and houses downtown and made the Village of Mount Prospect come to life. With all of this development, more people started to move to the area, and with a station downtown, the train now stopped in Mount Prospect. From this point the Village developed into what we know today. The town became more diverse, and the Village center began to develop. In 1917, Mount Prospect reached a population of 300 and was incorporated. From there, the largest growth came during land speculations in the 1920’s and then the suburban movements that followed World War II. The baby boom expanded the population, and the Village began expanding the services it offered.
In the early 1960’s, the business community in Mount Prospect took a giant leap forward with the construction of Randhurst, the first indoor air-conditioned mall in the upper Midwest. It is now known as Randhurst Village – a vibrant, open-air mixed-use center with national and regional retailers, a state-of-the-art cinema, office space, a 140-room hotel and a variety of restaurants. Another major event in the history of the Village was the development of Kensington Business Center, which has served as the home to several major national and international firms including NTN Bearing, Searle, Braun Manufacturing Cummins-Allison Corp, CVS Caremark and more.
The big news in the 1990’s and 2000’s was the downtown redevelopment. Several new buildings continue to be built changing the look and make-up of the downtown area. There are several new condominium buildings as well as space for new shops and restaurants. The Village is also working on making the downtown area look more appealing. Attention is being focused on flowers, plants and trees in an effort to beautify the Village.
Yes, Mount Prospect has certainly changed. Today, we are a combination of many nationalities, award-winning schools, churches, local commerce, shopping and business centers, several park districts, a library, and highly rated Fire and Police Departments. Our Mayor and Trustees guide us into the future with the redevelopment of the downtown area. Our Village employees are dedicated to provided quality services. Despite all this progress, Mount Prospect is still a Village whose slogan continues to ring true, “Where Friendliness is a Way of Life.”
In 2017, the Village will commemorate the 100th Anniversary of the Village’s incorporation. In 2014, the Centennial Commission was formed to help envision how to celebrate this milestone. Many festivities are in the works, and in true Mount Prospect fashion – things will be done bigger and better than ever before.
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
Need Help? Inquire About Our Management Services Here
Are you maximizing your rental property’s potential?