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can create havoc for a city property manager trying to work within an established budget for the year.


While suburban managers don’t typically have to contend with taller buildings and falling pieces of terra cotta, what they do have at times are properties that have been left in disrepair. This author has met with many managers over the years who have experienced taking on management of a building new to them and after a thorough analysis of the common elements, are left scratching their heads, wondering how a property could be in such bad shape. Suburban government agencies are not afraid to file suit, levy fines and threaten to tag properties with an order to vacate should a community association pose a safety threat to the unit owners. Often, it’s the manager who is left to negotiate with local officials while guiding the board on a plan to return the property to that “sweet home” feeling of years gone by.


It is fortunate that the Chicagoland area has so many different community association styles to offer its homebuyers; from a condo unit high above the streets in the bustling and fast- paced city with an eye-catching view of Lake Michigan, to a tri-level home in the suburbs with a backyard perfect for barbecuing and relaxing. There is something for everyone and each manager faces a “similar but different” set of concerns. While some people may remain as loyal to the City or to the suburbs as they are to their preferred Chicago baseball team, the real winners are those homeowners who have good coaches in their management team!


 Available and accountable  Timely and informative communication  Clearly presented financial statements  Experienced and dedicated staff





 


 


to discuss your Association’s needs.


 lflanagan@bcmltd.com


1240 Meadow Rd., 4th Floor Northbrook, IL 60062


 


NEED EXPERT CONDO/HOA REPORTING SERVICES?


BRING HOME THE BEST!


For more than 40 years, Cukierski & Cochrane has provided over 1,300 Chicago-area HOAs and Condominium Association boards of directors with state-of-the-art audit, review and compilation reporting services to help prepare more accurate annual budgets, make more informed operating decisions, or simply provide greater assurance of financial health.


DISCOVER…


A REPUTATION FOR SERVICE by a team of 20 with more than 300 years of combined experience.


A PASSION FOR ANSWERS that has earned a repeat customer rate of over 95%.


1990 E. Algonquin Rd. Ste. 100, Schaumburg, IL 60173 847-496-7180 | info@ckwcpa.com | www.ckwcpa.com


www.cai-illinois.org • 847.301.7505 | 49


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