The Firm · Serving Chicago Since 2007
About Stellar
Property Group.
A locally owned, professionally credentialed property management firm dedicated exclusively to Chicago condominiums, HOAs, and townhome communities.
- 42
- Associations under management
- 2,450+
- Units across Chicagoland
- 96%
- Client retention rate
- 2007
- Established · Local expertise
Our Story
From a small firm to
42 associations.
Stellar Property Management was founded in 2007 with a clear mission: deliver property management that Chicago condo boards, HOAs, and townhome associations actually deserve. At the time, most firms treated community management as a side business. We made it our only business.
Starting with a handful of Chicago North Side associations, we grew through referrals and results — not marketing gimmicks. Today, we manage 42 associations and 2,450 units across Chicago and the North Shore, with a 96% client retention rate that speaks louder than any advertisement.
Our growth has always been intentional. We only take on communities we can serve exceptionally, assigning a dedicated manager who knows every building, every board member, and every vendor by name. That personal approach is what sets us apart from national firms that treat your community as a line item.
Leadership
The people behind
the standard.
When we say boards speak directly with our principals — not a sales team — these are the people we mean.
Mirsad has worked in Chicago community associations since 1997 and founded Stellar in 2007 on a simple conviction: association management deserved to be someone’s only business, not a side line. He still reviews the financial reporting standard for every association in the portfolio and leads each new board through its transition personally. From July 2007 to November 2024 he also taught the City of Chicago Stationary Engineer’s License prep course at the SEIU Local 1 Training Fund, taking roughly 700 engineers through the city examination.
A licensed Illinois Community Association Manager, he holds the CMCA and AMS designations and writes the firm’s board guides on Illinois condominium law, reserves, and governance — the same guidance published in the Stellar journal.
Ownership
Independent, and
staying that way.
Stellar Property Group Inc. is owned and run by the person whose name is on the licence. There is no parent company, no private equity holder, and no affiliated construction, insurance or brokerage arm being steered work.
That sentence would have been unremarkable a decade ago. It is not now. Community association management is consolidating quickly: the two largest firms in North America together hold only around a tenth of the market, and the rest is being bought up by private-equity-backed platforms assembling regional operators — including in Illinois.
Boards feel it before they can name it. The manager who knew the building leaves. Response times stretch. Work starts routing to a vendor that turns out to be a sibling company. Nobody announced anything.
We are not against scale — a national firm is genuinely the right answer for some communities. But a board should know which kind of company it is hiring, and should be able to ask three questions of any firm on its shortlist: who owns you, will the manager you are showing me be the manager we get, and do you make money on the vendors you recommend. We answer all three in writing.
- 19,850
- Illinois community associations — the 4th largest market in the US
- 1,755,000
- Illinois housing units in community associations
- 1
- Owner, who is also the licensed manager on the account
Association and unit counts: Foundation for Community Association Research, 2025 U.S. National and State Statistical Review. Reprinted with permission.
Our Values
What drives us
every day.
These aren’t posters on a wall. They’re the principles that guide every decision we make for the communities we serve.
Integrity
We act as fiduciaries for every community we serve, making decisions that protect owners and preserve property values.
Transparency
Clear financial reporting, open communication, and real-time portal access so your board is never left guessing.
Responsiveness
24/7 emergency availability with real people answering the phone. Your concerns are addressed, not queued.
Excellence
Industry-leading credentials, continuous education, and a relentless focus on raising the standard of property management.
Credentials
Professional memberships & credentials.
Our memberships, licenses, and professional designations reflect our commitment to responsible community management, continuing education, and professional standards.
CAI & CAI Illinois Chapter
Member of the Community Associations Institute and its Illinois Chapter, with access to industry education, legislative updates, and community-association resources.
Illinois Licensed CAM Firm
Stellar Property Group Inc. holds active Illinois Community Association Management Firm license #291000211.
Where We Serve
Chicago & the
North Shore.
From Lincoln Park to Lake Forest, we manage communities across Chicago’s most desirable neighborhoods and North Shore suburbs. Our local expertise means we understand Chicago-area building systems, municipal requirements, and established vendor markets.
View All Service AreasChicago
Evanston
Skokie
Glenview
Wilmette
Winnetka
Highland Park
Northbrook
Glencoe
Kenilworth
Lake Forest
Deerfield
Let’s Talk
Ready to experience the
Stellar difference?
Whether you’re considering a management change or exploring options for the first time, we’d love to learn about your community and show you what professional, hands-on management looks like.