Property Management in Illinois - Industry Market Research Report

  • ID: 4578373
  • Report
  • Region: Illinois
  • 25 pages
  • IBISWorld
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Profitable properties: Robust construction sector growth to support revenue increases

FEATURED COMPANIES

  • CBRE Group Inc.
  • Cushman & Wakefield Inc.
  • NAI Hiffman
  • Prologis Inc.
  • MORE

Property Management in Illinois

The Property Management industry in Illinois has shown strong growth over the past five years, as Chicago's real estate market has recovered and strengthened, and macroeconomic factors have shifted in the industry's favor. Most significantly, the value of residential and nonresidential construction activity has experienced robust growth while the state homeownership rate has slowly declined, increasing demand for industry services over the five years to 2017. Over the next five years, industry revenue growth is expected to continue, albeit at a slower rate, as home ownership rates are projected to increase, while growth in both the residential and nonresidential construction sectors is expected to slow.

Companies in this industry manage residential and nonresidential real estate for property owners in Illinois. Property management responsibilities relate to the overall operation of a property, including maintenance, rent collection, trash removal, security and some renovation activities. Industry players may also help manage a property’s accounting, but operations related to the transactions of properties or real estate investments are not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • CBRE Group Inc.
  • Cushman & Wakefield Inc.
  • NAI Hiffman
  • Prologis Inc.
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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  • CBRE Group Inc.
  • Cushman & Wakefield Inc.
  • Colliers International Property Consultants Inc.
  • Prologis Inc.
  • NAI Hiffman
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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