Rehab Management & Flip of an Investment Property: 1328 South Kolin Ave

PRG Management has recently completed a project for an investor to help acquire, manage, rehab, and flip an investment property at 1328 S Kolin in Chicago. This project was another opportunity to collaborate with Pearson Realty Group, who assisted in a profitable flip for the investor. PRG Management’s Investment Management Division handled the rest of the project scope from managing the tear-down and new construction with vendors to coordinating with the property’s former occupants. See below for before & after photos and details of the project. Details here for the Purchase Price and Sales Information for this property.

INVESTMENT Project Management

After the investor acquired the lender-owned property at 1328 S Kolin Ave, through the assistance of Pearson Realty Group, PRG Management was brought on board to manage the rehabilitation side of the project. The property was in significant disrepair and required a comprehensive plan to make it market-ready. PRG Management’s Rental and Investment Management teams handled the entire rehab process, from initial inspections to coordinating with vendors and ensuring that each phase of the project stayed on time and within budget. Our investment management team’s years of experience and local market knowledge made a significant difference in turning a distressed property into an appealing Chicago home.

Rehab DETAILS

PRG Management's experience in managing various Chicagoland rehab projects allowed us to easily oversee every detail of the 1328 S Kolin Ave project. From integral structural and Chicago code improvements to visually appealing aesthetic upgrades, we ensured that all work was performed to the highest standards using only highly vetted vendors. With our focus on project efficiency and maintaining clear communication with all parties, the investment property was successfully flipped, with an increased market value and profitability for the investor.

Take a look at some of the before and after photos of 1328 S Kolin Ave below

Tenant Management

An important aspect of the 1328 S Kolin project was communication with the current tenants who were occupying the property before the rehabilitation. This is a common occurrence in REO properties, such as bank-owned and lender-owned properties, which have typically defaulted on some sort of loan. PRG Management ensured that all tenant concerns were addressed and facilitated an amicable resolution to the situation. Finding a new space for the current tenants allowed us to complete construction and inspections with no delays and without conflict.

Thanks to Pearson Realty Group’s assistance with the purchase and sale of 1328 S Kolin and PRG Management’s property managers for their commitment to a high standard in project management and tenant care. By closely collaborating, this partnership between our two companies was able to meet the investor’s goals, ensuring the 1328 S Kolin flip was a profitable project.

If you’re an investor looking for guidance with taking your project from concept to completion, contact PRG Management’s Investment Management team today here or by filling out the form below. From vendor and tenant management to the nitty gritty details of rehabilitating a property, PRG Management is the go-to Chicagoland investment property expert.

2024 Chicago Winterization Guide: Fall Checklist for Homeowners & Renters

2024 Chicago Winterization Guide: Preparing Your Home for Cold Weather

Winter in Chicago is both beautiful and brutal, bringing freezing temperatures, heavy snowfall, and ice that left unattended, can lead to some major problems when managing or owning property. First-time homeowners may be asking "How to winterize properties in Chicago?" Or "How do I winterize my Chicago home?" Whether you're a homeowner, a renter, or someone looking to sell your property, we have put together some expert recommendations from Fannie Mae and Pearson Realty Group to help you take the proper steps to winterize your home is essential for your comfort, safety, and even saving money. In this comprehensive 2024 update for our Chicago Winterization Guide, we'll cover the key areas you should address before the snow starts to fall.

Why Winterization Matters in Chicago

The Midwest, especially Chicago, is known for its extreme winter conditions—blizzards, ice storms, sub-zero temperatures, and wind chills that can make your home feel like an icebox if it's not properly prepared. Just a few years ago during the 2019 Polar Vortex homeowners and renters alike experienced what happens when you don't prepare for the worst. Taking proactive steps now ensures your home is ready for whatever Mother Nature throws your way, and it could save you thousands in potential repairs. Winterizing your home can help you:

• Improve energy efficiency and lower heating costs.

• Prevent costly repairs from frozen pipes or roof damage.

• Protect your home’s value, especially if it’s on the market.

• Enhance safety and comfort for your family.

Winterizing Your Home: A Checklist for Homeowners

1. Inspect & Seal Windows and Doors

Drafty windows and doors can cause heat loss, making your home less energy-efficient and increasing your heating bill. Properly sealed windows and doors can massively cut down on heat loss. Use caulking or weatherstripping products to seal any gaps that air can escape - you can always check for drafts by holding a candle or lighter near windows and door frames—if the flame flickers, there is an air leak. Homeowners should also consider upgrading to storm windows that offer an extra layer of winter protection with added insulation. When our partners at Pearson Realty Group work with Chicago REO properties during the winter months, this is often one of the first and easiest steps taken in winterizing a home.

2. Service Your Furnace and HVAC System

Your heating system is your first defense against the cold, so ensuring it’s in good working order is necessary. Many experts recommend keeping your thermostat set at a consistent temperature (around 68°F) to save on heating costs. It's also recommended you schedule a professional furnace tune-up to check for any issues and change the filters. Be sure to check your thermostat settings, and consider upgrading to a programmable or smart thermostat to optimize energy efficiency. We recommend checking your HVAC systems and major appliances to ensure any pumps, hoses, cords, or any other connections are clear of obstructions and no water damage is present. This is also a good time to check to see if your smoke and carbon monoxide detectors are in working order.

3. Clean Your Gutters and Downspouts

Clogged gutters can lead to ice dams, which cause water to back up under your roof and potentially lead to leaks and structural damage. Remove leaves, sticks, and debris from your gutters and ensure your downspouts direct water away from the foundation to avoid water buildup and ice hazards that can lead to possible roof looks. This is also a great time to inspect the exterior of your home for pests, rodents, and any potential entryways they could use. When the winter finally kicks in, it's important to monitor for any icicles forming, as this can be a sign of heat escaping.

4. Insulate Pipes to Prevent Freezing

Frozen pipes can burst, leading to costly water damage. One way to protect your pipes is to insulate exposed pipes, especially those in unheated areas like the garage, basement, or attic. You might want to consider installing heat tape for pipes in particularly cold areas of the home. For other areas of the house, you can ensure your pipes' integrity by keeping the temperature at a consistent rate, even if you're not home, to prevent freezing. We recommend a constant temp of 68°F to prevent potential issues, but every home and owner's comfort needs will be different.  This can be especially important when Pearson Realty Group’s Chicago REO team is prepping unoccupied inventory for the winter season.

5. Prepare Your Roof and Attic

Heavy snow and ice buildup can cause roof damage or even collapse in extreme cases. Attic insulation can also help prevent heat from escaping, further lowering your energy bills. Ensure your roof is ready to bear the weight of a snowy winter by inspecting your roof for missing/damaged shingles and making repairs as needed. It's also a good idea to clear out your attic and make sure it's properly insulated to prevent ice dams from forming on your roof. If you see any evidence of water damage, you should address this immediately. Preparing a roof and attic for the tough winter season is a significant portion of the preventative maintenance responsibilities PRG Management takes on for both residential and commercial spaces to ensure the building and its tenants are safe and sound.

Winterization for Renters: Essential Tips

If you’re a renter, there are still proactive steps you can take to ensure your home is warm and energy-efficient during the winter months. It’s also a good idea to check with your landlord about any shared responsibilities, like shoveling snow, salting walkways, or replacing filters to ensure you are doing everything you can to keep your home warm and comfortable. Here are a few renter-friendly winterization steps that we recommend:

• Ask your landlord to service the heating system and replace the filters.

• Use draft stoppers (or rolled-up towels) at the bottom of doors to prevent cold air from seeping in.

• Add thermal curtains to windows for extra insulation. Insulation Shrink Kits are another suitable budget-friendly solution.

• Reverse your ceiling fans to cycle warm air downward and circulate it more effectively.

• Keep your thermostat at a consistent temperature, even when you're not home, to prevent pipes from freezing.

READ MORE: Apartment Renter Tips for Chicago Winters

Expert Tips from Fannie Mae

According to Fannie Mae, proper home maintenance during winter can reduce energy costs and help avoid damage that could affect the home’s value. Remember that you may need a professional to handle more advanced maintenance and repairs. Here are a few steps that not only save money but can also increase the overall comfort and safety of your home during the winter months:

• Review insurance coverage: Know what your policies cover—policy changes can’t be made during a disaster.

• Prepare an emergency kit: Include chargers, flashlights, batteries, blankets, first aid, water, and nonperishable foods.

• Use resilient materials: Opt for windproof windows, fireproof siding, and durable roofing when making improvements.

• Store valuables securely: Use weatherproof containers or safes for heirlooms and important documents.

Our partners at Pearson Realty Group's Chicago REO & Short Sale department utilize in-depth guides from Fannie Mae that provide efficient processes that allow them to winterize REO properties and REO winterization services in a timely, budget-friendly fashion.

Winterizing your Chicago home is not just an annoying task to cross off your to-do list—it’s a crucial step to protect your home and improve energy efficiency while keeping your family safe and comfortable throughout the winter season. Whether you're a homeowner or renter, taking proactive measures now will save you time, money, and stress once the snow starts to fall.

As you prepare for the upcoming winter, refer back to PRG Management's 2024 Chicago Winterization Guide to ensure you haven’t missed any crucial steps. With proper planning, your home will be ready to withstand even the harshest Chicago winter. If you plan on selling this winter, contact our partners at Pearson Realty Group today to get in touch with an experienced Chicagoland real estate agent who can guide you through the best practices for listing your home during the winter. Owners and investors looking for assistance in managing your building's winterization efforts, and beyond contact our Chicago property management team or fill out the form below for a free proposal.

Streamlined HOA Management: PRG Management Introduces Cutting-Edge Features

In the world of Homeowners' Association (HOA) management, efficiency and transparency are crucial for fostering strong communities. That’s why PRG Management, your partner in Chicago HOA, condo, and townhome management, is thrilled to announce the rollout of several innovative features designed to streamline operations and enhance the overall experience for homeowners and residents alike.

1. Liabilities Report: Enhancing Financial Oversight

Managing financial obligations is a cornerstone of effective Chicago HOA management, and PRG Management's new Liabilities Report feature is set to revolutionize the process. This new tool provides comprehensive insights into the association's financial liabilities, ensuring transparency and accountability in financial management. With detailed reports and analytics at your fingertips, Chicago HOA boards can make informed decisions to safeguard the financial health of their community.

2. Violations Preview: Improving Compliance Monitoring

Maintaining community standards is essential for preserving property values and promoting harmony among residents. PRG Management's new Violations Preview feature simplifies the process of monitoring compliance with Chicago HOA rules and regulations. From resident parking violations to architectural infringements, this tool provides Chicago HOA boards with a preview of potential violations, allowing for proactive enforcement and timely resolution of tenant/owner violations.

3. Architectural Requests: Streamlining Approval Processes

Managing architectural requests efficiently is vital for maintaining the aesthetic integrity of the community while accommodating residents' needs. PRG Management's new Architectural Requests feature simplifies the submission and approval process for architectural modifications. Residents can submit requests online, track their progress, and communicate with their Chicago HOA board seamlessly, ensuring a streamlined and transparent approval process for all parties involved.

4. Resident Center Resources: Empowering Homeowners

At PRG Management, we understand the importance of fostering a sense of community and providing residents with convenient access to essential resources. That's why we're excited to introduce Resident Center Resources, a centralized “town board” hub where homeowners can access important documents, community announcements, and helpful resources anytime, anywhere. From meeting minutes to community guidelines, residents have everything they need to stay informed and engaged in community matters.

Experience the PRG Management Advantage Today

Ready to elevate your HOA management experience with PRG Management's innovative technological tools and dedicated support? View our suite of property management services to learn more about these exciting new features and how they can benefit your community. With PRG Management by your side, you can streamline operations, enhance transparency, and foster a thriving community that homeowners are proud to call home.

If you have any questions please feel free to call us at (312) 600-8896 or fill out the form below and a Chicago property manager will be in touch!

Now Managing: South Shore Lakeview Apartments LLC | 7801 S. South Shore

In Chicago’s booming South Shore neighborhood, PRG Management has recently taken on an exciting new management assignment in partnership with South Shore Lakeview Apartments LLC. The classic red-brick residential complex at 7801 S. South Shore is now accepting applications for a variety of units from cozy studios to spacious 3-bedrooms. Multi-family buildings all over the city like this one provide an essential piece to raising a family in Chicago, a safe and dependable space that is cared for. PRG Management is proud to provide our Chicago rental property management services to help fill these vital spaces and help maintain a high standard of care for the building. We work closely with our sister company, Pearson Realty Group, to assist with leases to fill vacancies quickly. From tenant management and leasing services to preventative maintenance and repairs, PRG Management’s comprehensive rental management has you covered.

Recently all units have received full kitchen and bathroom renovations with updated fixtures, along with massive renovations to roof exteriors in the past years, making these spaces even more desirable. Take a look below to see some interesting property highlights and some coming changes to the neighborhood that can massively increase property values!

7801 S. South Shore Highlights

• Property Value: $3,099,000

• Year Built: 1961

• Building Size: 32 Units

• Stories: 4

Unit Mix:

• Type 1: 5 units (Studios, 1 Bath)

• Type 2: 9 units (1 Bed, 1 Bath)

• Type 3: 15 units (2 Beds, 1 Bath)

• Type 4: 3 units (3 Beds, 1 Bath)

SEE FULL PROPERTY DETAILS HERE

Obama Presidential Library: revitalizing the area

Located less than three miles from 7801 S South Shore Dr, is the future site of the Obama Presidential Library, a huge project that will enhance the neighborhood appeal and increase property values. The library, a major cultural and educational hub, will attract visitors and major new investments to the South Shore and surrounding neighborhoods. We look forward to the completion of this project and seeing the positive impacts that it has on the local community and Chicago as a whole. Look out for more updates.

PSIQUANTUM QUANTUM COMPUTING CENTER: Reshaping the south shore

American quantum computing company, PsiQuantum recently announced plans to open a massive quantum computer at the old Chicago US Steel South Works property, just minutes away from 7801 S. South Shore. This development is poised to revitalize the surrounding area by bringing in massive investments, and hundreds of jobs, improving property values, and solidifying Chicago as a modern tech hub. Learn more about PsiQuantum’s 1st US-Based Utility-Scale Quantum Computer in Chicago

PRG Management offers top-tier rental management services for South Shore Lakeview Apartments LLC in Chicago’s South Shore neighborhood. From leasing and tenant management to maintenance and repairs, our comprehensive services ensure a high standard of care for this beautifully renovated property. Trust PRG Management to keep your living space safe, comfortable, and well-maintained.

Are you a landlord or property owner struggling with tenant management or filling vacant spaces? Contact PRG Management today or fill out the form below to receive a free proposal of services and see how we can help maintain profitability in all of your investments!

Now Managing: Park View Marquette LLC | 3000 W. Marquette

PRG Management is proud to announce a recent partnership with Park View Marquette LLC to manage a 85-unit apartment building in Chicago’s Chicago Lawn/West Lawn neighborhood. Located at 3000 W Marquette Road, just across the street from Chicago’s vibrant Marquette Park, this exciting new partnership is the latest multi-family complex that PRG Management has been entrusted to help manage with our award-winning Chicago property management services. We provide this stunning 85-unit apartment building with comprehensive rental management services from regular maintenance and upkeep to lightning fast unit turnovers and work with our sister company, Pearson Realty Group to vet tenants and navigate lease negotiations. PRG Management has a wide network of trusted vendors and crews that can respond quickly to any request or emergency and provide residents with safe living spaces and peace of mind.

The classic Chicago red and brown brick exterior is adorned with intricate ornamental glazed terra cotta designs, making it a standout in the area and an important feature to maintain with regular preventative maintenance. 3000 W Marquette features bright, sunny units with real hardwood flooring, and updated kitchens and bathrooms in every unit. With a unit mix of 1, 2, and 3-bedroom apartments, it’s a versatile investment that provides a dependable and safe living space for Chicago residents.

3000 W. Marquette Road Highlights

• Property Value: $7,100,000

• Year Built: 1927

• Building Size: 85 Units

• Stories: 4

SEE FULL PROPERTY DETAILS HERE

Terra Cotta Design

Ornamental glazed terra cotta designs are a unique and distinctive architectural feature that adds aesthetic value and carries a historical significance to an investment property. These intricate, decorative elements were popular in the early 20th century and are known for their vibrant colors and ability to withstand the elements. This timeless feature enhances the property's appeal for potential investors while also attracting tenants who appreciate living in a Chicago building with character and deep history. By providing Chicago preventative maintenance services for Park View Marquette LLC, we can help ensure these timeless fixtures stay around for years to come.

Are you a landlord or property owner battling with keeping your investment property out of the red? Contact PRG Management today or fill out the form below to receive a free proposal of Chicago property management services and see how we can help create and maintain consistent profitability in all of your investments!

5 Essential Questions To Ask Before Hiring A Rental Property Manager

Choosing the right property management company can make or break your investment property, and knowing the right questions to ask when you're searching for one is crucial for your success. That’s why so many property owners choose to enlist the services of property management companies in Chicagoland and beyond. An experienced and reliable property manager can maintain your properties, keep tenants happy, and ensure a steady rental income while minimizing stress, but often owners are unsure of what to ask when vetting a company. So we put together some essential questions to ask before hiring a rental property manager that will help you vet and decide on the best fit for you.

What Rental Services Do You Provide?

Knowing the full scope of services offered will allow you to gauge a company's ability to manage all aspects of your property and determine property management company is the right fit for you. From tenant relations to property upkeep, comprehensive services can significantly lessen the stress and time commitment involved in property management projects.

At PRG Management, we offer a full suite of services designed to make property ownership as hands-off as possible. Our services include tenant acquisition and retention, regular maintenance, and emergency repairs. We also manage leases, rent collection, and detailed financial reporting.

How Do You market & Fill Vacant Units?

Understanding the process for how vacant rental units are marketed and ultimately filled is a huge reason why many property owners seek out management services. You should look for proven processes for minimizing turnover periods and maximizing rental income. Proper marketing ensures that properties attract high-quality tenants quickly using professional photography, digital advertisements, and reliable leasing agents.

At PRG Management, we leverage the close relationship with our sister company Pearson Realty Group to offer comprehensive marketing solutions for vacant properties. Our strong local presence and reputation combined with a large roster of motivated agents, help attract a pool of qualified tenants swiftly, reducing vacancy times and maximizing rental income.

How Do You Handle Tenant Rent Collection & Late Payments?

To maintain a steady cash flow for your properties you must ensure you have effective rent collection processes. That’s why any property owner needs to understand the system used to collect rent and the actions taken when payments are late to prevent financial disruption. Inquire if they use any websites or apps to collect payments and how they manage tenants if payments fall short.

PRG Management employs a robust rent reporting system that includes multiple payment options for tenant convenience. We monitor payments closely and have clear policies for late payments, including follow-up procedures and, if necessary, legal actions. This ensures a consistent and reliable income stream for property owners while maintaining clear communication with tenants.

What Financial Insights & Reporting Do You Offer?

Financial insights and reporting are not just important but necessary for property owners to understand what is happening with their investments. If you have someone look over your investment, you need more than just someone’s word, you should see the numbers yourself. Landlords and property owners should look for tools and services that closely track the overall financial health of a property by looking at detailed reports for rental income, expenses, and projections of future profits. 

We understand the importance of these financial figures being easily accessible for owners. That’s why PRG offers comprehensive financial reporting tailored to each client's needs. Our reports include income statements, expense breakdowns, and cash flow analysis. We use advanced property management software to ensure accuracy and provide real-time insights. This transparency helps property owners stay informed and confident in their investment performance.

Can You Provide References from past & current clients?

Lastly, don’t forget to ask for references to verify the quality and reliability of a property management company. References from current or past clients provide reassurance and credibility, demonstrating proven success in property management. This will quickly inform you on how long clients stay, the types of properties they (actually) handle, and what the practical scope of work is.

We are proud to provide strong references from satisfied clients who can attest to our expertise and high-quality service. Our clients' testimonials showcase the dedication our property managers have to providing excellent service and client satisfaction all over Chicagoland. Providing references is a big part of our transparency and commitment to building trust with potential clients.

PRG Management stands out due to our personalized service, comprehensive management solutions, and strong local expertise. Our affiliation with Pearson Realty Group enhances our marketing capabilities and market insights. We are committed to transparency, reliability, and client satisfaction, ensuring that our clients receive the highest level of service and support in property management. Fill out the form below or reach out today to request a free management proposal.

Optimizing Your Facility with PRG Management: Chicago Facilities Manager

When it comes to maintaining a smooth and efficient operation within your commercial property, having a reliable and experienced facilities manager is crucial. PRG Management, a leading provider of facilities management services in Chicago, offers detailed solutions tailored to meet the needs of your business. Discover how our expert team can enhance your facility’s performance and ensure a safe, clean, and productive environment.

Comprehensive Janitorial Services

A clean workspace is not just about aesthetics; it significantly impacts employee productivity and client perceptions. At PRG Management, we understand the importance of maintaining a productive environment. Our janitorial services are designed to meet the highest standards of cleanliness and hygiene. We provide daily cleaning, deep-cleaning, and specialized cleaning services shaped to your facility’s specific needs.

Facility Maintenance and Repairs

Regular maintenance and repairs are essential to keep your facility running smoothly. Our team at PRG Management ensures that every aspect of your building, from HVAC systems to electrical fixtures, operates efficiently. By adopting a proactive approach, we reduce downtime and prevent expensive repairs. Our services are inspired by the best practices from City Wide Maintenance, offering maintenance solutions that cover all areas of facility management.

Tailored Management Services

Every facility has different requirements, and at PRG Management, we offer custom solutions to meet these needs. Whether you require janitorial services, maintenance, or facility management, our team provides a personalized approach to guarantee your facility operates at its best. We take the time to understand your business, assess your facility’s requirements, and develop a plan that aligns with your goals.

Sustainability and Green Practices

In today’s world, sustainability is more important than ever. At PRG Management, we are committed to incorporating green practices into our Chicago facilities management services. We utilize eco-friendly cleaning products to implement energy-efficient solutions, we strive to reduce our carbon footprint while improving the efficiency of your facility. Our approach is influenced by industry standards that prioritize sustainability, ensuring that your facility performs well and also contributes to a healthier environment.

Enhanced Security and Safety

Ensuring the safety and security of your facility is a top priority. Our team at PRG Management is equipped to handle all aspects of security management, from installing and monitoring security systems to conducting routine safety audits. We create a safe environment for any employees and visitors, giving you peace of mind knowing that your facility is well-protected.

Exceptional Customer Service

At PRG Management, we deliver exceptional customer service. Our team is dedicated to providing prompt, reliable, and professional support to address all your facilities management needs. We believe in building long-term relationships with our clients, and our commitment to excellence ensures that you receive the highest level of service.

Why Choose PRG Management?

Choosing PRG Management means partnering with a team of experienced professionals who are committed to the success of your facility. Our comprehensive facilities management services are designed to enhance the performance, safety, and sustainability of your property. With a focus on quality and customer satisfaction, we are the trusted choice for facilities management in Chicago.

For more information on how PRG Management can help you optimize your facility, visit our facilities management page and explore the comprehensive services we offer.

Incorporating these elements into your facilities management strategy will improve your building's efficiency and create a more productive, enjoyable environment. Trust PRG Management to help you achieve these goals with our high-quality Chicago facilities management services

If you have any questions please feel free to call us at (312) 600-8896 or fill out the form below and a Chicago property manager will be in touch!

Lakeview's Newest Coffee Hotspot: Queen Bee Cafe Grand Opening

The commercial division at PRG Management is excited to announce a new tenant moving into the former Starbucks space at 3072 N Lincoln Ave; Queen Bee Cafe! The new Cafe is set to open in late June/early July and will offer a unique blend of Greek-style dishes, pastries, and coffee.

In the vibrant neighborhood of Lakeview, a variety of small businesses have settled in, including clothing shops, beauty shops, restaurants, and cafes. The area is full of young professionals, families, and others looking for a strong community. For Queen Bee Cafe, this means an influx of potential customers to target, and a hopeful start for the small business, which PRG Management will help upkeep. Our Chicago property managers are veterans when it comes to managing retail spaces such as this. With proven processes and vetted vendors to ensure smooth operations for all of our tenants.

Check out some photos of the former Starbucks space and Queen Bee’s Cafes soon-to-be home below!

In the vibrant neighborhood of Lakeview, a variety of small businesses have settled in, including clothing shops, beauty shops, restaurants, and cafes. The area is full of young professionals, families, and others looking for a strong community. For Queen Bee Cafe, this means an influx of potential customers to target, and a hopeful start for the small business, which PRG Management will help upkeep. Our Chicago property managers are veterans when it comes to managing retail spaces such as this. With proven processes and vetted vendors to ensure smooth operations for all of our tenants.

However, in such a popular area Queen Bee will be joining a few other cafes that have settled in Lakeview, providing some decent competition for any caffeine fans in the neighborhood. A few examples include Doppio Coffee House, Left Coast Food + Juice, Vigo Coffee, Chicago Diplomat Cafe, and Allegro Coffee. While there are a few other cafes in the area, Queen Bee Cafe’s unique business concept sets it apart as a new space to visit. In the bustling neighborhood of Lakeview, there is a large market that could be drawn in by the new Cafe in the heart of the area.

The Queen Bee Cafe has a very unique concept inspired by the Greek entrepreneur behind the business. The menu will have a variety of Greek-inspired dishes which pay homepage to the rich flavors and culture of Greece. The Cafe will have coffee all day and will offer Greek pastries as well. Queen Bee Cafe will also offer brunch featuring Greek dishes on the menu.

As the opening date for Queen Bee Cafe gets closer, excitement is growing. We can’t wait to see how the neighborhood welcomes Queen Bee Café as Lakeview’s newest coffee destination. It is set to become a beloved neighborhood spot, providing a unique mix of Greek hospitality and culinary excellence. Stay tuned for updates on the grand opening!

If you are interested in commercial or retail spaces in Chicagoland please contact us or fill out the form below to talk to an expert Chicago property manager.

Elevating Property Management: PRG Management Unveils Game-Changing Features

In the fast-paced world of property management, staying ahead of the curve is essential. PRG Management, your trusted partner in Chicago property management, is proud to introduce three new features aimed at improving the way property owners manage their assets and residents.

1. Applicant Workflow and Tracking: Simplifying Resident Screening

Finding the right tenants and minimizing turnover is key to success in property management, and PRG Management's Applicant Workflow and Tracking feature makes the process easier than ever. From listing vacancies to screening applicants and managing lease agreements, this tool streamlines every step of the tenant selection process. Spend less time on paperwork and administrative tasks, and more time on growing your business and providing exceptional service to your tenants.

2. Financial Insights: Empowering Investor Decisions

Managing finances is a core aspect of Chicago property management, and PRG Management's new Fund Accounting feature is set to redefine the process. With this tool, Chicago property owners gain access to comprehensive financial reporting, streamlined budgeting and forecasting, and automated transaction processing. Say goodbye to tedious manual tasks and hello to accurate, efficient financial management that provides a clear picture of your property's financial health at all times.

3. PRG Rewards: Maximizing Value from Property Owners to Residents

At PRG Management, we understand the value of rewarding tenant loyalty. That’s why we are rolling out PRG Rewards, a unique program crafted to benefit property owners and tenants. One of the key features of this program is Chicago Rent Reporting, which allows tenants to build their credit by reporting their rent payments to the major credit bureaus. For just $4.99 a month, tenants can easily enroll through their Resident Center. Once signed up, all rent payments are automatically reported to TransUnion, Equifax, and Experian. By offering this program, property owners can help their tenants improve their credit scores, build loyalty, and maintain long-term residency.
Sign up for Rent Reporting Here

Experience the PRG Management Advantage Today

Ready to experience the difference that PRG Management's innovative tools and exceptional service can make for your Chicago property portfolio? View our list of management services and learn more about these exciting new features and how they can help you achieve your property management goals. With PRG Management by your side, you can streamline your property management, elevate tenant experience, and unlock the full potential of your investments.

If you have any questions please feel free to call us at (312) 600-8896 or fill out the form below and someone from our Chicago property management team will be in touch!

PRG Management Manages 3 Starbucks Locations Around Chicagoland

Corporation and Retail Property Management

At PRG Management, we understand that managing commercial properties for large corporations like Starbucks requires a customized approach to meet the needs of different clients. Our team of Chicago property managers specializes in providing solutions tailored to each client, big and small. PRG Management manages 3 Starbucks locations across Chicagoland with their own unique tasks and challenges.

3316 S Cicero Ave - Store # 618

The Starbucks located on 3316 S Cicero Ave, Store is situated near the intersection of S Cicero Avenue and W 33rd Street, making it easily accessible for both local residents and commuters. The area is a mix of residential and commercial properties, with various retail stores, restaurants, and service businesses nearby. This means PRG Management’s commercial property managers must maintain the standard of cleanliness and upkeep the aesthetics of the brand while up-keeping the property itself to high standards of maintenance.

3798 S Western Ave - Store # 66

The Starbucks at 3798 S Western Ave is located next to a 7-Eleven in the heart of Brighton Park neighborhood on the southwest side of Chicago. The area around this Starbucks is a mix of residential homes, small businesses, and retail establishments. Due to its location, there is a large amount of foot traffic and it is easily accessible to public transportation spots. Due to these qualities, PRG’s property managers must assist with planning routine cleaning, and landscaping, and addressing any repair issues promptly to ensure a pleasant environment for customers.

2050 W Orchard Rd - Store # 670

Located in North Aurora, a suburban community west of Chicago, this Starbucks is positioned near the intersection of W Orchard Road and Randall Road, a busy commercial area with a variety of retail stores, restaurants, and service businesses. This means that PRG’s commercial property managers must ensure good community relationships through clean maintenance, good financial management, and adherence to local laws/regulations.

Customized Solutions for Corporate Clients

We start by taking a detailed assessment of each client's specific requirements, taking into account their operational goals, branding guidelines, and general needs. For Starbucks, this means ensuring that each location maintains its brand identity while following regulations and market demands. Our services include lease administration, property maintenance, and tenant coordination, all done to make a productive environment for our clients.

PRG Management also utilizes cutting-edge technology and data-driven actions to make operations more efficient and to respond to maintenance requests right away. By taking advantage of our commercial property management software, we track property performance, from lease renewals to maintenance requests. This approach reduces any issues and ensures that all facilities remain in top condition, allowing corporations like Starbucks to focus on their core business operations.

For Starbucks and other high-end commercial property management clients, some services include:

• Upkeep the Brand’s image through landscaping and general maintenance

• Fix any products including coffee machines, bathrooms, and locks in an efficient manner

• Routine cleaning to obtain the best quality service

Guaranteeing Client Satisfaction

Our commitment to excellence is reflected in our hands-on approach and attention to detail. We pride ourselves on building long-term relationships with our corporate clients by consistently delivering results that exceed expectations. Whether it's handling the complexities of multi-site management or providing strategic advice on property investments, PRG Management is dedicated to supporting the growth and success of large corporations through our comprehensive property management solutions.

If you own a retail or commercial space and want to maximize your facilities management efficiency then you need to contact PRG Management today! Contact us by calling us at (312) 600-8896 or filling out the form below to request a free proposal of management services today!