Professional HOA Reserve Study Services in Illinois

Helping Illinois communities manage reserve studies while ensuring compliance and financial stability.

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4.7
Based on 40+ reviews

Serving the entire state of Illinois

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Understanding Reserve Studies for Illinois HOAs

Reserve studies are essential for maintaining the financial health of HOAs in Illinois, ensuring your community is prepared for major repairs without unexpected assessments. PropFusion simplifies the process, helping Illinois associations plan effectively.

How it works

STEP 1

Fill in Your Details & Request Proposals

Enter your association's information and instantly request proposals.

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STEP 2

Receive Proposals & Order Your Study

Get multiple proposals from top Professionals and select the best fit.

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STEP 3

Receive & Explore Your Reserve Study Online

View your online study, create scenarios, and generate reports.

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Our Trusted Network of Reserve Study Professionals

PropFusion connects you with a vetted network of Reserve Study experts across the state, ensuring top industry standards in expertise, compliance, and reliability. Whether updating or starting a reserve study, our network supports your community’s unique needs.

  • Certified Expertise: All professionals in our network are fully certified and bring years of experience to ensure accuracy and compliance.
  • Reliable Proposals: Receive competitive proposals tailored to your association’s requirements, ensuring you get the best value.
  • Ongoing Support: Our professionals don’t just deliver a report—they offer ongoing insights to help you make informed decisions.
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PropFusion Turned Reserve Management Around

PropFusion transformed how we handle reserves. Their expert delivered an excellent study, and the software makes management seamless.

Joseph Smith
Treasurer, Sunny Ridge HOA
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Illinois

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Frequently Asked Questions

Who is required to conduct reserve studies in Illinois?

Beginning in 2025, all community associations, including HOAs and condominium associations, must conduct reserve studies.

How often must reserve studies be updated?

Reserve studies must be updated every five years, with annual reviews conducted by the board.

What happens if an association doesn’t comply?

Non-compliance may result in financial instability, deferred maintenance, and potential legal challenges.

Are specific reserve funding levels required?

While specific levels are not mandated, reserve funds must align with the findings of the reserve study to ensure financial stability.

How can PropFusion help with reserve studies?

PropFusion provides tools to manage reserve studies, automate updates, and create transparent funding plans tailored to your community’s needs.

Take Control of Your Association’s Future

Avoid surprises, streamline processes, and stay compliant with PropFusion’s reserve study software.

Request Proposals
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