FirstService Residential, a leading property management company in Illinois, was selected managing agent for the Michigan Avenue Lofts Condominium Association. The high-rise community is located in Chicago’s Historic Michigan Boulevard District and consists of 260 units. FirstService Residential assumes management responsibilities effective January 1, 2015.

“Our keen focus on customer service incorporated with our industry leading technology should have an immediate impact on property operations, and resident satisfaction,” said Asa Sherwood, FirstService Residential Illinois President.

Michigan Avenue Lofts was originally built in 1911, and was home to Standard Oil Company’s headquarters. In 2000 the building was converted into an upscale loft condominium with a $1 million wood-paneled lobby. Most of the high-rise building is U-shaped with a large opening facing south which brings in lots of light into its 260 units. High-end amenities include a fully equipped fitness center, deeded parking, party room, 24 hour doorman station, and on-site management.

Asa Sherwood continues, “Michigan Avenue Lofts is a beautiful historic loft building that we are extremely proud to partner with.” 

FirstService Residential provides full-service management solutions for various types of residential community associations and cooperatives including some of Illinois’s most beautiful and recognizable structures. Their team of management professionals has served the homeowners of Chicago since 1950, and today the company is recognized as one of the foremost community management companies throughout the State of Illinois.

About FirstService Residential

FirstService Residential is a subsidiary of FirstService Corporation, a global leader in the rapidly growing real estate services sector, one of the largest markets in the world.  As the leading property management company in North America, FirstService Residential oversees more than 6,500 residential and commercial associations including 1.5 million residential units and over 50 million square feet of commercial space across 21 U.S. states and three provinces in Canada. The company has more than 12,000 employees driving local market expertise and manages in excess of $6 billion in annual budgets. For more information, visit
Nov 25, 2014