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CHICAGOLAND


CHICAGOLAND SUBURBS


between city properties and those in the suburbs.


City and suburban managers experience many issues related to community living including board members, unit owners, assessment collections, vendors, elections and common element maintenance. Some are similar in nature but dig deeper into their worlds and you will find distinct differences in their daily lives and those priorities that require their attention. However through it all, just like the baseball players, property managers are focused on what’s truly important: individual and team success.


PARKING


City managers of small- to mid-size properties will sometimes get a pass on the parking issue as the unit owner is left to find a spot on the street or lease a spot in a parking lot or garage. The issue is more centered around the City and the local representative of aldermanic district; particularly if the area has a zone sticker that is required. High-rise property managers


SUBURBS AND CITY AND CITY


By Mark Stelter, Vice President and Commercial Loan Officer, Itasca Bank & Trust Co.


have to contend with the parking garage as a major common element which means on-going repair and replacement issues. Back out in the suburbs, the parking issues are more related to who is parking where and whether overnight guests are properly registered, dealing with snow removal as well as maintenance on sometimes miles of asphalt.


AGE OF STRUCTURES


Chicago was founded in 1833 and if you ask an experienced city property manager, they will tell you it feels sometimes as though the buildings they manage were some of the originals built. The city is filled with wonderful old architecture that reads like a history book telling chapter after chapter how the various genres of building styles were developed and used in the construction of these historic properties.


However, accompanying the history of these older buildings are the common elements that need constant attention. Older brick and masonry structures eventually allow


www.cai-illinois.org • 847.301.7505 | 47


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