Co-op Managing Agents in Illinois
Licensing per the Community Associations Institute 2025 CAM licensing report. The fee range is a published national figure, not a Illinois measurement.
Illinois Boards operate under 765 ILCS 605 (Condominium Property Act). Illinois requires community association managers to be licensed through IDFPR, with 20 hours of pre-license education. The local term for the association is condominium association, and for the professional running it, licensed CAM — language worth matching when you write your RFP, because it signals to bidders that the Board knows its own regime.
Markets in Illinois
Get MatchedOrdered by association count, then population. Every market page carries local fee benchmarks and the licensing rules that apply.
What management costs
We publish state and market medians only once we have enough verified proposals to stand behind them. Until then, the published national ranges.
| Figure | Published range | Source |
|---|---|---|
| Management fee, per unit per month | $10 – $20 | HOAManagement.com; iPropertyManagement |
| Premium or full-service | up to $50 | iPropertyManagement |
| Onboarding or initiation fee | $2,000 – $30,000 | HOAManagement.com; iPropertyManagement |
| Median monthly dues, US | $135 | US Census, 2024 ACS |
Governing law
765 ILCS 605 (Condominium Property Act); 765 ILCS 160 (Common Interest Community Association Act)
Manager licensing
Illinois requires community association managers to be licensed through IDFPR, with 20 hours of pre-license education.
Other association types in Illinois
Resources
Start with what you already know.
You know your unit count. You know what your current management does well and what it does not. That is enough to begin.
Free for Boards. No calls until you ask.