Property Management in Peoria IL
Here at Wald Land Corporation, we specialize in property management for commercial real estate, with more than 140 years of experience. Our team is skilled in development, brokerage and property management of commercial real estate throughout Central Illinois. Taking a hands-on approach to management services, we treat our clients’ properties as if they were our own. When you need focused, expert property management guidance, we are the ones to call.
We handle non-residential properties such as offices, retail spaces, storage facilities, shopping centers and industrial buildings. Also, we tackle the tasks and responsibilities of operating an income-producing property. We list and manage land, warehouses and office spaces for sale or lease.
Do You Need a Property Management Firm?
You should plan on hiring a property manager if:
- You are looking to acquire multiple rental properties. The more rental properties you have in your portfolio, the bigger the reason to have a property management firm on your side.
- You are not located close to your asset. If the property is located far from where you live or work, you should hire a manager who can keep tabs on it for you.
- You have no desire to manage the property actively. When you look at the property as a source of passive income, a property manager is there to take care of routine maintenance and daily operations, so you don’t have to worry about it.
- You can afford the additional cost. Property managers charge a percentage of the rental fee, which may be well worth it if you have the extra cash. This cost can free up your time to invest in other sources of property. Also, it will eliminate the headache of doing it all yourself.
Contact Wald Land Corporation
To learn more about our property management services, please contact us at 309-676-7600. We are based at 7625 N. University in Peoria, IL.