Chicago's best property management company, providing tenant screening, rent collection, property marketing, and more at reasonable cost.
Niles Property Management at its best!
Three Pentacles is a trusted property management company in Niles, IL. Managing residential properties, commercial properties, HOA associations, and short-term vacation properties, Three Pentacles works hard to provide you with the customized property management service that works for you.
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.
We understand the ins and outs of local real estate
Need Help? Inquire About Our Management Services Here
Are you maximizing your rental property’s potential?