Founded in 1979, American Property Management of Illinois is a diversified property management company that employs more than 25 individuals. The company deals in condominiums, townhomes, homeowner associations and commercial properties. Its financial services include collecting rent and penalty fees, issuing notices, administering property evictions, maintaining escrow accounts, paying various property-related bills, keeping financial records and providing year-end statements. American Property Management of Illinois rental services include advertising properties, investigating credit checks, negotiating leases and subleases, collecting and refunding security deposits and renewing existing leases. The company also provides market place forecasts and performs regular property inspections. American Property Management of Illinois is based in Schaumburg, Ill.