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38 Years
experience
Emergency
services
Trusted Property Management Services in Waukegan, IL
Since 1988, Management Realty Partners has delivered comprehensive property management, HOA management, and real estate brokerage services. With nearly five decades of combined experience, our team specializes in strategic marketing, tenant screening, and asset optimization tailored to diverse property types. We prioritize transparent communication and an ownership mentality to maximize net operating income while preserving investment value. Our services include customized leasing strategies, rigorous tenant vetting through credit and background checks, and proactive maintenance coordination using licensed contractors.

We provide cloud-based financial reporting for streamlined tax compliance, enforce CC&Rs for HOA communities, and offer 24-hour emergency response. Our Illinois-licensed brokers handle residential and commercial transactions through MLS access, focusing on client-centric solutions for buyers, sellers, and investors.
Services
Property Management HOA Management Real Estate Brokerage Tenant Screening Maintenance Coordination
Details
  • Year established: 1988
Highlights and features
  • We offer 35+ years of property management expertise since 1988
  • Our team includes Illinois-licensed real estate brokers and leasing agents
  • We provide 24-hour emergency maintenance response
  • We maintain a network of vetted licensed contractors for competitive pricing
  • We enforce CC&Rs to protect community property values
Services
Property Management
Our property management service includes tenant screening with credit and background checks, maintenance coordination through licensed contractors, and financial reporting via cloud-based platforms. We handle rent collection, lease renewals, and property inspections to maintain investment value. Our Illinois-licensed team ensures compliance with local regulations while maximizing property performance.
HOA Management
We provide HOA management covering dues collection, CC&R enforcement, and financial oversight. Our services include vendor coordination for maintenance, budgeting, and community relations to maintain property values. Online portals grant homeowners access to financial statements and account information for transparency.
Real Estate Brokerage
As a licensed Illinois brokerage, we facilitate residential and commercial transactions through MLS access. Our services include property valuation, marketing strategies, and negotiation support for buyers and sellers. We handle showings, lease agreements, and closing coordination for various property types.
Tenant Screening
Our tenant screening process includes credit checks, criminal background investigations, and eviction history reviews. We verify employment and income to ensure qualified occupants. This rigorous process protects property owners' investments while maintaining occupancy rates through qualified tenants.
Maintenance Coordination
We manage preventive and emergency maintenance using in-house staff and vetted contractors. Our team handles inspections, repair scheduling, and cost-effective service delivery. Regular property checks ensure compliance with lease agreements and preserve asset condition.
People
Larry A. Kramer
President Managing Broker
With decades of real estate experience, Larry A. Kramer leads property management and brokerage operations. He specializes in strategic leasing and investment optimization for residential and commercial properties in Illinois.
Jordan Kramer
Vice President Realtor/Property Manager
Jordan Kramer manages property listings and tenant relations with expertise in Illinois real estate markets. He coordinates leasing activities and HOA communications while maintaining licensing compliance.
Tifani Hernandez
Leasing Consultant
Tifani Hernandez handles rental inquiries and property showings. She assists with tenant placement and lease administration while providing client support for property owners.
Jean McElwain
Bookkeeper
Jean McElwain manages financial operations including accounts payable/receivable. She ensures accurate record-keeping for property management fees and HOA assessments.
Karen Caceres
Office Assistant
Karen Caceres supports daily operations with maintenance request processing and client communications. She serves as the primary contact for general inquiries and document management.
Questions
What property types do you manage?
We manage single-family homes, multi-family units, office buildings, and commercial properties throughout Waukegan, IL.
How do you screen tenants?
Our process includes credit checks, criminal background investigations, eviction history reviews, and income verification to ensure qualified tenants.
What HOA services do you provide?
We handle dues collection, CC&R enforcement, financial reporting, vendor coordination, and community relations for homeowner associations.
Do you offer 24/7 emergency support?
Yes, we provide 24-hour emergency maintenance response for urgent property issues after regular business hours.
How can owners access account information?
Owners receive online portal access for 24/7 viewing of account balances, payment history, and financial statements.