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Property Manager In Training Jobs in Chicago, IL

Buona Beef, Inc.

General Manager in Training

Itasca, IL · On-site

$65K - $85K/yr

... and training materials • Manage and control direct expenses • Direct labor, food cost variances, repairs and maintenance, discounts, and other direct expenses • Selection, retention ...

Buona Beef, Inc.

General Manager in Training

Hillside, IL · On-site

$65K - $85K/yr

... and training materials • Manage and control direct expenses • Direct labor, food cost variances, repairs and maintenance, discounts, and other direct expenses • Selection, retention ...

Savers

District Manager in Training

Carol Stream, IL · On-site

$105 - $120/hr

The District Manager in Training (DMIT) reports directly to the Regional Director of Stores and is responsible for the overall management and direction of the store and team in accordance with all ...

Buona Beef, Inc.

General Manager in Training

Oak Lawn, IL · On-site

$65K - $85K/yr

... and training materials • Manage and control direct expenses • Direct labor, food cost variances, repairs and maintenance, discounts, and other direct expenses • Selection, retention ...

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Showing results 41-60

All JobsProperty In Training JobsProperty Manager In Training JobsProperty Manager In Training Jobs in Chicago, IL

Property Manager In Training information

See Chicago, IL salary details

$28.8K

$60.1K

$99.4K

How much do property manager in training jobs pay per year?

As of Sep 6, 2026, the average yearly pay for property manager in training in Chicago, IL is $60,093.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,300.00 and $70,000.00 per year, depending on experience, location, and employer.

What is a property manager in training?

Property Managers In Training are individuals who are learning the responsibilities and skills required to manage residential, commercial, or industrial properties. They typically work under the supervision of experienced property managers and assist with tasks such as tenant relations, rent collection, property maintenance, and administrative duties. This role is designed to provide hands-on experience and prepare trainees for advancement into a full property manager position. Training may include learning legal regulations, financial management, and customer service best practices. The goal is to develop the expertise needed to efficiently oversee properties and ensure tenant satisfaction.

What are the key skills and qualifications needed to thrive as a property manager in training, and why are they important?

A Property Manager In Training should have a basic understanding of real estate principles, customer service, and property operations, often supported by a high school diploma or associate degree. Familiarity with property management software like Yardi or AppFolio and, in some states, a real estate license or certification may be required. Strong communication, organizational skills, and problem-solving abilities help trainees handle tenant issues and coordinate maintenance effectively. These competencies are crucial for ensuring smooth property operations, tenant satisfaction, and professional growth in the property management field.

What are some typical challenges faced during the property manager in training period, and how can they be navigated successfully?

As a Property Manager In Training, you may encounter challenges such as balancing customer service with enforcing lease policies, learning to prioritize maintenance requests, and managing multiple properties or tenants simultaneously. Success in this role often comes from strong organizational skills, clear communication, and a willingness to learn from experienced property managers. Seeking feedback, remaining adaptable, and leveraging management software can help you efficiently handle these challenges while building your confidence and expertise.

What is the difference between Property Manager In Training vs Property Manager?

AspectProperty Manager In TrainingProperty Manager
CredentialsTypically requires a high school diploma; some roles prefer real estate or property management certificationsOften requires a real estate license or property management certification
Work EnvironmentEntry-level, training-focused, supervised environmentFull responsibility for property operations, client interactions, and decision-making
ResponsibilitiesAssisting with property maintenance, tenant communication, and learning industry practicesManaging property operations, leasing, maintenance, and tenant relations independently

The main difference is that a Property Manager In Training is an entry-level role focused on learning and assisting, while a Property Manager has full responsibility for managing properties independently. The training role prepares individuals for the full managerial duties through hands-on experience.

What cities near Chicago, IL are hiring for Property Manager In Training jobs?

Cities near Chicago, IL with the most Property Manager In Training job openings:

Property Manager In Training jobs near you
Infographic showing various Property Manager In Training job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 16% Part Time, and 1% Contract. Highlights an 89% Physical, 2% Hybrid, and 9% Remote job distribution, with an average salary of $60,093 per year, or $28.9 per hour.

Property Manager

Ares Management Corporation

Oakbrook Terrace, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 14 days ago

Key responsibilities

  • Manage an assigned industrial real estate portfolio to maximize property performance and tenant satisfaction.

  • Establish and monitor budgets, oversee property maintenance, and manage vendor contracts to ensure efficient operations.

  • Support the onboarding and offboarding of properties, and manage financial performance through expense approvals and financial reporting.

Job description

Over the last 20 years, Ares' success has been driven by our people and our culture. Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Job Description
The Property Manager reports to the Senior Property Manager and is responsible for managing an assigned industrial real estate portfolio. The Property Manager's objective is to directly manage a property portfolio and to maximize property performance through efficient operational strategies, to maintain high levels of tenant satisfaction, and to meet the overall financial goals of the company.
Responsibilities of this position include establishing and monitoring budgets, providing a high-level of customer service to tenants, managing vendor partners, supporting the asset management team, and working closely with the other departments within the firm to maximize results.
ESSENTIAL JOB FUNCTIONS
Tenant Services:
  • Executes a high level of customer service to tenants within the portfolio through a sense of urgency with responding to tenant requests, and actively meeting and engaging with tenants on a regular basis.
  • Ensures that the move-in/move-out process within their assigned portfolio is being executed timely and efficiently.
  • Actively engages with tenants to maintain low levels of accounts receivables through regular contact, processing of collection notices, and tenant account management.

Property Performance:
  • Executes a high level of support to local asset management teams to minimize downtime of vacant units and to maximize tenant retention.
  • Develops and executes preventative maintenance programs to extend the life expectancy of building elements.
  • Actively manages service contracts to leverage scale, to minimize costs, and to consolidate vendors partners across the portfolio.
  • Tours properties within the assigned portfolio on a regular basis to ensure properties are being maintained to ARES property standards, liabilities are being minimized, and capital projects and other property level projects are being completed in accordance with budget and timing.
  • Completes the annual budget process for the assigned portfolio, in accordance with internal timing expectations, to ensure accurate property level expenses and a complete 10-year capital plan.
  • Actively manages financial performance through expense approvals, strategic property-level spending, monthly financial reporting, property level variance reporting, and expense accrual submittals.
  • Ensures that the onboarding and offboarding of properties through acquisitions/dispositions is coordinated efficiently with the transaction teams.

ADDITIONAL DUTIES AND RESPONSIBILITIES
Assumes additional responsibilities and performs special projects as needed or directed.
REQUIRED QUALIFICATIONS
  • 5+ years of property management experience handling customer service and administrative issues related to real estate management.
  • Experience supervising, directing, and managing vendor partners.
  • Experience managing and property level financial planning and reporting.
  • Experience managing maintenance capital projects.
  • Proficiency in standard real estate related software programs
  • Ability to communicate effectively with tenants, vendor partners and internal teams.
  • Ability to interpret property -level and corporate documents such as tenant leases, building plans and related specifications, operating and maintenance instructions, and policy manuals.
  • BA or BS in Finance, Real Estate, Business Management; CPM/RPA designation preferred.

TRAVEL REQUIREMENTS & ADDITIONAL NOTES
  • Work performed in a general office environment. May require extended hours during peak periods.
  • Availability for travel up to 50% of the time to property and construction sites for on-site project monitoring and meeting attendance.
  • Exposure to adverse weather conditions, loud noise, and dust conditions at construction sites.

Reporting Relationships
Compensation
The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.
Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.

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