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Career and Education Opportunities for Property Managers in Naperville, Illinois

There are many career and education opportunities for property managers in the Naperville, Illinois area. Currently, 7,290 people work as property managers in Illinois. This is expected to grow by 15% to about 8,340 people by 2016. This is better than the national trend for property managers, which sees this job pool growing by about 8.4% over the next eight years. In general, property managers plan, direct, or coordinate selling, buying, or governance activities of commercial, industrial, or residential real estate properties.

A person working as a property manager can expect to earn about $28 hourly or $59,670 annually on average in Illinois and about $22 per hour or $46,130 annually on average in the U.S. as a whole. Compared with people working in the overall category of Specialized Management, people working as property managers in Illinois earn less. They earn less than people working in the overall category of Specialized Management nationally. Jobs in this field include: building superintendent, land acquisition specialist, and oil lease operator.

There are 166 schools of higher education in the Naperville area, including ten within twenty-five miles of Naperville where you can get a degree to start your career as a property manager. Given that the most common education level for property managers is a post-secondary certificate, you can expect to spend a short time studying to be a property manager if you already have a high school diploma.

CAREER DESCRIPTION: Property Manager

Property Manager video from the State of New Jersey Dept. of Labor and Workforce Development

In general, property managers plan, direct, or coordinate selling, buying, or governance activities of commercial, industrial, or residential real estate properties.

Property managers negotiate short- and long-term loans to finance construction and ownership of structures. They also investigate complaints, disturbances and violations and resolve problems following management rules and regulations. Equally important, property managers have to direct and schedule the efforts of staff and contract personnel and evaluate their performance. They are often called upon to inspect grounds and equipment routinely to establish necessity of repairs or maintenance. They are expected to solicit and analyze bids from contractors for repairs and maintenance. Finally, property managers purchase building and maintenance supplies, equipment, or furniture.

Every day, property managers are expected to be able to articulate ideas and problems. They need to listen to and understand others in meetings. It is also important that they read and understand documents and reports.

It is important for property managers to inspect rents to insure that they are in line with rental markets. They are often called upon to ready and administer contracts for provision of property services such as cleaning and security services. They also negotiate with government leaders, businesses, special interest representatives, and utility companies to get support for new projects and to remove potential obstacles. They are sometimes expected to maintain contact with insurance carriers, fire and police departments, and other agencies to insure protection and adherence to codes and regulations. Somewhat less frequently, property managers are also expected to oversee and oversee operations, maintenance and improvement of commercial or residential properties.

Property managers sometimes are asked to talk with legal authorities to insure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations. They also have to be able to purchase building and maintenance supplies, equipment, or furniture And finally, they sometimes have to negotiate the sale or development of property and complete or review appropriate documents and forms.

Like many other jobs, property managers must have exceptional integrity and be reliable.

Similar jobs with educational opportunities in Naperville include:

  • Construction Foreman. Plan, direct, or budget, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, and implementation.
  • Garden Center Manager. Plan, organize, direct, and coordinate activities of workers engaged in propagating, cultivating, and harvesting horticultural specialties, such as trees, shrubs, and other plants.
  • Legislator. Develop laws and statutes at the Federal, State, or local level.
  • Natural Resources Specialist. Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, and research and development in these fields.
  • Purchasing Manager. Plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services.
  • Social Service Coordinator. Plan, organize, or coordinate the activities of a social service program or community outreach organization. Oversee the program or organization's budget and policies regarding participant involvement, program requirements, and benefits. Work may involve directing social workers, counselors, or probation officers.

EDUCATIONAL OPPORTUNITIES: Property Manager Training

University of Illinois at Chicago - Chicago, IL

University of Illinois at Chicago, 601 S Morgan, Chicago, IL 60607. University of Illinois at Chicago is a large university located in Chicago, Illinois. It is a public school with primarily 4-year or above programs. It has 25,709 students and an admission rate of 60%. University of Illinois at Chicago has a master's degree program in Real Estate which graduated twelve students in 2008.

Northwestern College-Southwestern Campus - Bridgeview, IL

Northwestern College-Southwestern Campus, 7725 South Harlem Avenue, Bridgeview, IL 60455. Northwestern College-Southwestern Campus is a small college located in Bridgeview, Illinois. It is a private for-profit school with primarily 2-year programs. It has 995 students and an admission rate of 90%. Northwestern College-Southwestern Campus has a less than one year and an associate's degree program in Real Estate.

DePaul University - Chicago, IL

DePaul University, 55 E Jackson, Chicago, IL 60604. DePaul University is a large university located in Chicago, Illinois. It is a private not-for-profit school with primarily 4-year or above programs and has 22,554 students. DePaul University has a bachelor's degree and a master's degree program in Real Estate which graduated twenty-three and six students respectively in 2008.

Nothwestern College - Chicago, IL

Nothwestern College, 4829 North Lipps Avenue, Chicago, IL 60630. Nothwestern College is a small college located in Chicago, Illinois. It is a private for-profit school with primarily 2-year programs. It has 847 students and an admission rate of 83%. Nothwestern College has a less than one year and an associate's degree program in Real Estate which graduated zero and one students respectively in 2008.

City Colleges of Chicago-Richard J Daley College - Chicago, IL

City Colleges of Chicago-Richard J Daley College, 7500 S Pulaski Rd, Chicago, IL 60652-1299. City Colleges of Chicago-Richard J Daley College is a medium sized college located in Chicago, Illinois. It is a public school with primarily 2-year programs and has 9,711 students. City Colleges of Chicago-Richard J Daley College has a less than one year program in Real Estate which graduated one student in 2008.

Roosevelt University - Chicago, IL

Roosevelt University, 430 S Michigan Ave, Chicago, IL 60605-1394. Roosevelt University is a medium sized university located in Chicago, Illinois. It is a private not-for-profit school with primarily 4-year or above programs. It has 7,708 students and an admission rate of 43%. Roosevelt University has a less than one year and a master's degree program in Real Estate which graduated one and zero students respectively in 2008.

College of DuPage - Glen Ellyn, IL

College of DuPage, 425 Fawell Blvd., Glen Ellyn, IL 60137-6599. College of DuPage is a large college located in Glen Ellyn, Illinois. It is a public school with primarily 2-year programs and has 25,668 students. College of DuPage has an associate's degree program in Real Estate which graduated one student in 2008.

Northwestern University - Evanston, IL

Northwestern University, 633 Clark St, Evanston, IL 60208. Northwestern University is a large university located in Evanston, Illinois. It is a private not-for-profit school with primarily 4-year or above programs. It has 20,128 students and an admission rate of 27%. Northwestern University has a master's degree program in Real Estate which graduated twenty-six students in 2008.

Oakton Community College - Des Plaines, IL

Oakton Community College, 1600 E Golf Rd., Des Plaines, IL 60016-1268. Oakton Community College is a large college located in Des Plaines, Illinois. It is a public school with primarily 2-year programs and has 10,552 students. Oakton Community College has a less than one year program in Real Estate which graduated one student in 2008.

Waubonsee Community College - Sugar Grove, IL

Waubonsee Community College, Rte 47 at Waubonsee Drive, Sugar Grove, IL 60554-0901. Waubonsee Community College is a medium sized college located in Sugar Grove, Illinois. It is a public school with primarily 2-year programs and has 9,218 students. Waubonsee Community College has a less than one year program in Real Estate which graduated eighty-one students in 2008.

CERTIFICATIONS

Certification in Engineering : Achieving the Certified Professional Landman designation is an important step in the professional development of landmen.

For more information, see the American Association of Professional Landmen website.

Manager of Quality/Organizational Excellence: The Certified Manager of Quality/Organizational Excellence is a professional who leads and champions process-improvement initiatives’ everywhere from small businesses to multinational corporations’ that can have regional or global focus in a variety of service and industrial settings.

For more information, see the American Society for Quality website.

Certified Manager: Certified Manager certification is valued for the credibility and recognition it brings to managers and the organizations for which they work.

For more information, see the Institute of Certified Professional Managers website.

Certified Professional of Occupancy: The Certified Professional of Occupancy (CPO) course is the only comprehensive program covering the entire HUD Handbook 4350.

For more information, see the National Affordable Housing Management Association website.

Fair Housing Compliance: The requirements set forth in the Fair Housing Act and Section 504 regulations are enormously complex and far-reaching.

For more information, see the National Affordable Housing Management Association website.

Specialist in Housing Credit Management: The Specialist in Housing Credit Management(SHCM) certification has been developed by the National Affordable Housing Management Association (NAHMA) especially for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit (LIHTC) program.

For more information, see the National Affordable Housing Management Association website.

Certified Manager of Community Associations: The Certified Manager of Community Associations (CMCA) is the only national certification program designed exclusively for managers of homeowner and condominium associations and cooperatives.

For more information, see the National Board of Certification for Community Association Managers website.

Program Management Professional: Project Management Institute's newest credential is specifically developed to acknowledge the qualifications of the professional who leads the coordinated management of multiple projects and ensures the ultimate success of a program.

For more information, see the Project Management Institute website.

LOCATION INFORMATION: Naperville, Illinois

Naperville, Illinois
Naperville, Illinois photo by JohnDBuell

Naperville is located in Dupage County, Illinois. It has a population of over 143,117, which has grown by 11.5% over the last ten years. The cost of living index in Naperville, 107, is above the national average. New single-family homes in Naperville are valued at $401,600 on average, which is far greater than the state average. In 2008, one hundred fifty-four new homes were built in Naperville, down from two hundred eighty-one the previous year.

The top three industries for women in Naperville are educational services, health care, and professional, scientific, and technical services. For men, it is professional, scientific, and technical services, finance and insurance, and construction. The average travel time to work is about 33 minutes. More than 60.6% of Naperville residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 23.7%, is higher than the state average.

The unemployment rate in Naperville is 8.1%, which is less than Illinois's average of 10.5%.

The percentage of Naperville residents that are affiliated with a religious congregation, 58.9%, is more than both the national and state average. Saints Peter and Paul Roman Catholic Church, Saint Thomas The Apostle Church and Bethany Church are some of the churches located in Naperville. The most common religious groups are the Catholic Church, the Lutheran Church and the Evangelical Lutheran Church in America.

Naperville is home to the High Grove Business Park and the Spring Brook Golf Course as well as Du Page River Park and Winding Creek Park. Shopping malls in the area include Pebblewood Plaza Shopping Center, Cress Creek Square Shopping Center and Cress Creek Shopping Center. Visitors to Naperville can choose from Fairfield Inn by Marriott, EXEL Inns of Chicago and Country Inn Suites Naperville for temporary stays in the area.