Chicago's best property management company, providing tenant screening, rent collection, property marketing, and more at reasonable cost.
River Grove Property Management at its best!
Three Pentacles – Expert Property Management Company in River Grove, IL
Looking for reliable property management in River Grove, IL? Three Pentacles is a trusted property management company specializing in both residential property management and commercial property management throughout River Grove 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 River Grove
About River Grove
River Grove’s past remains visible in the open spaces that make up approximately 50% of the community. The river and forest land, once home to the Potawatomi, was not officially opened for sale in River Grove until 1833, although special exceptions were made in private purchases from Indians. One such instance was that of half-French, half-Native American Claude LaFramboise, who, in the 1829 Treaty of Prairie du Chien, received land along the Des Plaines River that encompassed most of what would become River Grove. In 1833 Framboise sold the northern half of his land to his sister and the other half to Jesse Walker. Walker’s share eventually passed to Walker’s son-in-law, David Everett, who held Methodist services in his cabin. Triton College is now on the site of Everett’s land.
In 1834 Walker and Everett erected a bridge that crossed the Des Plaines River along an Indian trail, later Grand Avenue. A stagecoach line using the trail and bridge took passengers from Chicago to Galena. In the 1840s the Spencer brothers built a hotel at the crossing to cater to travelers. The hotel and the settlement were named Cazenovia after the brothers’ hometown in New York. The area east of the river was later named Turner Park.
In 1872 Richard Rhodes purchased land on the south side of Grand. He subdivided the 100 acres and put up six houses, calling the community Rhodes subdivision. A school and the First Presbyterian Church of River Park were established soon after. Both Rhodes and another subdivision west of the river, north of Grand near the railroad, were incorporated into River Grove in 1888. Altogether, this gave River Grove an estimated population of 200, four-fifths of whom were German.
Until the 1920s most newcomers into the area were German, predominantly Lutheran. Almost all were blue-collar workers, the majority working for the Milwaukee Railroad yards in Franklin Park. In 1920 Volk Realty established the Chicago Home Gardens subdivision north of the Oak Park County Club and west of Elmwood Park. Village residents had electricity, gas lines, and telephone service; a bank, movie theater, and Catholic church all were erected within the decade. Population rose to 484 in 1920 and by 1930 was at 2,741.
Triton College, on the village’s southern border, opened in 1964. By 2000 River Grove’s population had climbed to 10,668, with many of Irish, Polish, Croatian, and Italian heritage and a growing number of Hispanics. River Grove’s vast amount of unoccupied space includes 350 acres of forest preserve, 290 acres of golf courses and cemeteries, 35 acres of public-school property, and 6 acres of parkland.
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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