Construction & Real Estate Chicago, IL Pop. 2,693,976

Property Manager Salary in Chicago, Illinois

The median property manager salary in Chicago, IL is $64,917 per year, which is 7.0% above the national median and 12.6% above the Illinois state average.

City Median
$64,917
vs State Avg
+$7,280
vs National
+$4,247
Cost of Living
107%

Property Manager Salary in Chicago by Experience

In Chicago, an entry-level property manager earns around $40,660, while experienced professionals earn up to $112,350 per year. The local cost of living index is 107% of the national average.

Entry Level (0-2 yrs)
$40,660
+$2,660 vs national
Mid Level (3-7 yrs)
$66,340
+$4,340 vs national
Senior Level (8+ yrs)
$112,350
+$7,350 vs national

Salary Percentiles in Chicago, IL

Percentile Chicago
10th Percentile $36,380
25th Percentile $47,080
Median (50th) $64,917
75th Percentile $90,950
90th Percentile $119,840

Property Manager Salary in Other Illinois Cities

Naperville, IL
$65,524
Pop. 149,540
Aurora, IL
$57,637
Pop. 197,757
Springfield, IL
$51,570
Pop. 114,394
Rockford, IL
$49,749
Pop. 148,655

How to Become a Property Manager in Chicago

Education

Most property manager positions require a high school diploma. Chicago and the surrounding Illinois area have institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Demand in Chicago may vary based on local industry and population growth.