Condominium & HOA Management · Chicago
The art of a
well-run building.
Stellar is a Chicago association management practice for boards that expect more — clearer numbers, calmer meetings, and a building that quietly works.
We do not manage apartment rentals. Condominium, HOA and townhome associations are the entire practice — and our principal is a licensed Chicago stationary engineer, so capital planning is read as a building rather than a spreadsheet.
- 29
- Associations
- 1,422
- Residences (approx.)
- 96%
- Client Retention Since 2007
- 2007
- Established
The Difference
Not another national
management firm.
The chains manage by volume — thousands of doors, one playbook. We built Stellar the other way: a deliberately curated portfolio of Chicago associations, each with a dedicated manager, a direct line, and a standard that never dilutes.
Our StoryA rotating cast of account reps
One dedicated manager who knows your building by name
Percentage fees that reward spending
Transparent flat fees aligned with your interests
National call centers reading scripts
A Chicago office that answers — 24 hours a day
Quarterly boilerplate reports
Real-time portals and board-ready monthly financials
The Practice
Six disciplines.
One standard of care.
Everything an association needs, practiced the way an architecture studio drafts: precisely, deliberately, and in plain sight of the board.
Condominium Management
White-glove daily operations, staffing oversight, and amenity management for condominium associations — from boutique vintage conversions to lakefront high-rises.
DiscoverFinancial Governance
Institutional-grade budgeting, reserve planning, and transparent monthly reporting your board and auditors can trust — flat-fee, never percentage-based.
DiscoverCapital Planning
Reserve studies, façade and infrastructure programs, and multi-year capital strategies that protect property values before problems surface.
DiscoverEmergency Response
A live person answers at 2 AM — not a call center. Vetted crews on-site fast, with a full incident report to your board the next morning.
DiscoverBoard & Governance
Meeting facilitation, Illinois Condominium Property Act compliance, elections, and director onboarding that keeps governance effortless and defensible.
DiscoverHOA & Townhome
Tailored management for homeowner associations and townhome communities across Chicago and the North Shore, scaled to each community’s character.
DiscoverWhite-Glove Onboarding
The first ninety days.
Boards stay with bad management out of fear of the transition. We removed the fear.
Read the Chicago board’s switching guideThe Proposal
A private walk-through of your property, a review of financials and governing documents, and a bespoke management scope — never a one-size-fits-all package.
The Transition
A managed 30–60 day handover. We retrieve records, migrate banking and vendor relationships, and brief every stakeholder — your board lifts a finger only to sign.
The Standard
Your dedicated manager is live, portals are open, and the first monthly report arrives on schedule. From here, the standard only rises.
In Their Words
Boards that raised
their standard.
Financial reports provided are detailed and copies of each monthly invoice received.
Halid E.
Google Review · 254-Unit Condominium
Absolutely great company to manage any size of the building. We are very happy with them since 2014.
Hasan H.
Google Review · Long-Term Client
They managed multiple renovation and repair projects while being good stewards of our reserves.
Barbara M.
Google Review · Condominium Association
Who Actually Runs It
Boards deal with the
principal.
Mirsad Cerimovic has worked in Chicago community associations since 1997 and founded Stellar in 2007. He is a licensed Illinois Community Association Manager, and separately a licensed City of Chicago stationary engineer — from 2007 to 2024 he taught the exam-preparation course for that licence at the SEIU Local 1 Training Fund, taking roughly 700 engineers through the city examination.
Which is the practical difference. Most firms hire the engineer. Here, the person reading your reserve study has held the licence.
- Illinois CAM licence #261000524 — active, no disciplinary history
- Illinois CAM Firm licence #291000211
- CMCA · Certified Manager of Community Associations
- AMS · Association Management Specialist
- City of Chicago Stationary Engineer
- NIULPE Certified Power Engineer
Technology, Quietly Excellent
One platform.
Two experiences.
Powered by AppFolio — role-based access that gives boards command and residents convenience.
For the Board
The Board Portal
- Real-time financials, budgets & reserve balances
- Invoice approvals from any device
- Violation, architectural & work-order oversight
- Board packets and meeting archives, always current
For Residents
The Resident Portal
- Assessments paid in seconds, autopay included
- Maintenance requests with photo upload & tracking
- Building announcements & document library
- Amenity reservations without the phone tag
For the People Who Live Here
Nobody hands you a manual for condo life.
So we wrote one.
The Owner’s Companion is our free, eight-chapter guide to living well in a condominium or HOA — written for owners and residents, not just boards. What your assessment actually pays for. Who fixes what. The insurance mistake that costs the most. And the quiet arts of being a good neighbor.
Read the Owner’s CompanionWhere We Manage
Chicago neighborhoods and the North Shore.
Questions, Answered
What boards ask us first.
What does Stellar Property Management do?
We are a Chicago community association management firm. We manage condominium, HOA and townhome associations only.
Is Stellar Property Management licensed?
Yes. We hold Illinois Community Association Management Firm license 291000211.
How long has Stellar been in business?
Since 2007.
How many associations do you manage?
29 associations, with approximately 1,422 residences.
What does management cost?
We charge a customized flat fee starting at $20 per unit per month, with no separate capital-project oversight fee.
Which areas do you serve?
Chicago neighborhoods from Rogers Park to Hyde Park, plus the North Shore. See stellarpropertygroup.com/service-areas.
Who makes repair and funding decisions?
The association's board of directors. As managing agent, we coordinate vendors and repairs and keep owners informed.
Are you the same as Stellar Properties Inc. or Stellar Management NY?
No. We are a separate Chicago firm at 5107 N Western Ave.
How is Stellar different from large national management firms?
Every community receives a dedicated property manager, transparent flat-fee pricing instead of percentage-based fees, and a local Chicago office that answers 24/7. National firms manage by volume; we manage by standard — which is why we maintain a 96% client retention rate since 2007, today across 29 associations.
How do we switch from our current management company to Stellar?
Switching is a managed 30–60 day transition. Once your board signs, we handle everything: records retrieval from the outgoing firm, banking migration, vendor transfers, owner communication, and portal setup. Most boards describe the change as far easier than they expected.
Does Stellar provide 24/7 emergency response?
Yes. A live member of our Chicago team answers our emergency line around the clock — never an outsourced call center. Vetted crews are dispatched immediately for floods, boiler failures, elevator entrapment, and other urgent events, with a full incident report delivered to your board.
Does Stellar offer resources for condo owners and residents, not just boards?
Yes. Beyond the resident portal, we publish The Owner’s Companion at stellarpropertygroup.com/condo-living — a free eight-chapter guide to living well in a condo or HOA, covering what assessments pay for, who fixes what, HO-6 insurance, owner rights under Illinois law, and what to do when something goes wrong.
What should a Chicago condo or HOA board look for when hiring a management company?
Check five things: an active Illinois Community Association Management Firm license, a credentialed manager (CMCA, AMS or PCAM), a flat fee in writing instead of a percentage of the budget, a local office and a person who answers emergencies 24/7, and a written 30–60 day transition plan. Stellar Property Management meets all five — firm license #291000211, a CMCA- and AMS-credentialed principal, pricing from $20 per unit per month, an office at 5107 N Western Ave, Chicago — and offers a free scorecard for comparing proposals at stellarpropertygroup.com/tools/compare-management-proposals.
Is Stellar Property Management the same company as Stellar Property Group?
Yes. Stellar Property Group Inc. is the legal name of the Illinois corporation, which operates as Stellar Property Management — the same Chicago condo, HOA and townhome management firm at 5107 N Western Ave #1S, phone 773-728-0652. It is not related to other businesses that use the name Stellar, such as Stellar Properties Inc. of Carol Stream or Stellar Management of New York.
A Private Consultation
Raise the standard
of home.
Speak directly with our managing partners — not a sales team. We’ll review your association’s needs and show you precisely what a well-run building feels like.