Daniel Management Group has expanded its multifamily management footprint in Mundelein, Illinois, with a new assignment at Lakeside Village Apartments. The Chicago-based real estate firm, which focuses on multifamily investment and management, announced that the engagement represents an extension of its existing relationship with Hawthorne Management Services in the northern suburb.
The latest assignment covers Lakeside Village, a 144-unit apartment community that has recently undergone renovations. The property offers a mix of one- and two-bedroom residences, each featuring high-end finishes that include hardwood floors, granite countertops and espresso cabinetry. These interior upgrades position the community as a higher-quality rental option within the local Mundelein market.
Lakeside Village benefits from a location near Hawthorne Mall and approximately one mile from a METRA station, providing residents with access to retail, dining and commuter rail connections to Chicago. The proximity to shopping, restaurants and transit, along with nearby parks, frames the property as a convenience- and lifestyle-oriented offering for renters in the area.
According to Daniel Management Group president and founder Roger Daniel, the firm has partnered with Hawthorne Management Services on Mundelein properties since 2023. The new assignment continues that collaboration and is expected to deepen the firms’ presence in the suburb. Daniel noted that the relationship is focused on delivering a broader range of housing options that leverage Mundelein’s natural and retail amenities as well as its connectivity to Chicago.
Under the new management scope, Daniel Management Group plans to rebrand Lakeside Village to better reflect recent upgrades and its positioning in the marketplace. The firm will oversee enhancements to the property’s clubhouse and outdoor common areas, building on the interior renovations already completed. These improvements are intended to elevate shared spaces and improve the overall resident experience.
In addition to the planned common-area work, Daniel Management Group will manage ongoing in-unit renovations at Lakeside Village. The firm will be responsible for day-to-day property operations as well as the continued execution of the value-focused capital program. The assignment underscores the role of professional third-party management in maintaining and improving renovated multifamily assets in established suburban locations.
