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Three Pentacles – Expert Property Management Company in Niles, IL
Looking for reliable property management in Niles, IL? Three Pentacles is a trusted property management company specializing in both residential property management and commercial property management throughout Niles 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 Niles
About Niles
Niles history goes back before its incorporation in 1899. It was first settled by Potawatomi Indians in the 1700s. The first pioneers were mainly German, settling in this area because of the rich farmland and its low cost. The vicinity of Milwaukee Avenue and Touhy Avenue became known as Dutchman’s Point circa 1830s. In 1832 John Schadegar and Jules Perren built the first log cabin. The second house was built by Christian F. Ebinger, who with his family from Ann Arbor, Michigan, settled in the area in 1834. The Ebingers cultivated friendly relations with Indians. Christian was particularly well acquainted with Chief Black Hawk, with whom he smoked the pipe of peace.

The first school was erected in 1838, in what is now known as Touhy Avenue and Harlem Avenue. The early settlers engaged in truck farming / greenhouses and traveled the North Plank Road (Milwaukee Avenue) to the Chicago Markets. Niles Township was incorporated in 1850. The only doctor in the area was Theo Hoffman who arrived in about 1850. The Dannish, Bohemian, Polish, and English immigrants filtered into Dutchman’s point around 1870. The population of the Village of Niles in 1884 was 200 people. At the time of our incorporation August 1899, John Huntington was elected the first mayor with a population of 500 people. By 1920 the village was at a population of 1,200 people. Blue Boy was the first fire wagon in Niles. It was used as a hand drawn unit in 1899 to 1990, converted to horse drawn in 1910. The unit is now at the Niles Fire Station Number Two at Dempster and Cumberland. In the 1930s, the population increased to 2,135 residents including 800 in St. Hedwigs orphanage. St. Hedwigs closed in 1960; it later became Niles College until 1995.
In 1932, Robert Ilg constructed a recreational park for his employees, consisting of twin swimming pools and cabanas, plus featuring a half size replica of the Leaning Tower of Pisa to cover the pool’s water tank. In 1960 Mr. and Mrs. Robert Ilg presented the Niles Y.M.C.A. organization, a part of the Ilgar Park property. In 1996, the Leaning Tower was dedicated to the Village of Niles by the Ilg family. The Leaning Tower was rededicated by the Village of Niles on June 26, 1997, after it’s restoration. The village expanded by annexing an unincorporated area that became Golf Mill Shopping Center, dedicated in 1959. With a new village administration building, a new Family Fitness and Senior Center, expansion of the library, and the Niles Middle school (known as Culver), Niles has continued to progress within the 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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