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McLennan Property Management Co.
Over 100 years of property management and real estate services in the Chicago area, focusing on residential and commercial properties.

McLennan Property Management Co.

Park Ridge, IL

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Category

  • Accounting and Financial
  • Leasing
  • Market Research

Description

Founded in 1912 by William C. McLennan, McLennan Property Management Co. has a rich history rooted in the construction and management of real estate in the Chicagoland area. Initially a contracting company known for building homes, McLennan evolved significantly throughout the 20th century. The company pioneered substantial developments, including the first all-gas houses in Park Ridge, and became a forerunner in creating multi-story fireproof apartment units and commercial buildings.

By sensing market changes and anticipating the needs of the community, McLennan successfully transitioned into diverse real estate ventures such as property brokering and management. The company has been instrumental in developing significant business parks, especially around the O'Hare Airport area, which has remained a focal point of their operations. Through its 100-plus years of existence, McLennan has established a reputation for integrity and customer-focused service, maintaining strong relationships with clients and tenants.

Today, McLennan Property Management Co. offers a comprehensive range of services that include residential and commercial property management, brokerage services, and investment consultation. They manage over 500 residential and commercial tenants and oversee approximately 780,000 square feet of property, generating nearly $15 million annually.

The firm prides itself on its legacy of adaptability and service, emphasizing the importance of people over properties. As stated by current leadership, McLennan continues to thrive thanks to dedicated employees and loyal clientele who have been part of its journey for decades. With four generations of family ownership and a commitment to innovation, McLennan Property Management Co. remains a vital player in the real estate market of Northern Illinois.

Services Provided

  • Accounting services
  • Brokerage services
  • Commercial rentals
  • Investment advisory
  • Lease preparation and execution
  • Leasing
  • Market analysis
  • Ownership representation
  • Portfolio analysis
  • Property acquisition
  • Property investment advisory
  • Property maintenance
  • Property sales
  • Regulatory compliant paperwork
  • Rent collections
  • Tenant acquisition services
  • Tenant representation

Associations

CCIM; Northern Illinois Commercial Association of Realtors; National Association of Realtors

Certifications

Certified Commercial Investment Member (CCIM); Certified Public Accountant (CPA); Certified Property Manager (CPM)

Contacts

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Category
  • Accounting and Financial
  • Leasing
  • Market Research
Locations Served
  • Park Ridge, IL

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