Reserve Study Companies in Illinois
7 firms based in Illinois or working there regularly, and 7 national firms that cover it. Illinois law sets rules for reserve funds but does not mandate a study (765 ILCS 605/9 (condos); 765 ILCS 160/1-45 (CICAA)).
- ChicagoCook, DuPage, Lake and Will counties
Firms based in Illinois
Facts read from each firm's website. No ratings, no paid placements.
| Firm | Based in | Works in | Credentials stated | Services |
|---|---|---|---|---|
| Building Reservesbuildingreserves.com | Not stated | 11 states, including Illinois | Not stated | reserve study |
| Building Technology Consultantsbtc.expert | Arlington Heights, IL | Illinois | Not stated | reserve study, transition study |
| Facilities Advisorsfacilitiesadvisors.com | Not stated | 9 states, including Illinois | RS | reserve study, capital planning |
| Kipconkipconengineering.com | North Brunswick, NJ | 6 states, including Illinois | RS, PE, CAI member | reserve study, SIRS, transition study |
| Structural Technologies, Inc.structuraltechnologiesinc.com | Bloomingdale, IL | Illinois | Not stated | reserve study |
| Waldman Engineering Consultantswaldmaneng.com | Lisle, IL | Illinois | Not stated | reserve study |
| zumBrunnenzumbrunnen.com | Atlanta, GA | 13 states, including Illinois | Not stated | reserve study, transition study, property condition assessment |
National firms that serve Illinois
Each states on its own site that it works in all fifty states.
About national firms| Firm | Based in | Works in | Credentials stated | Services |
|---|---|---|---|---|
| Apex Reserve Groupapexreservegroup.com | Irvine, CA | All 50 states | Not stated | reserve study |
| Association Reservesreservestudy.com | Not stated | All 50 states | RS, PE | reserve study |
| Global Solution Partnersglobalsolutionpartners.com | Not stated | All 50 states | RS, PE | reserve study, SIRS, insurance appraisal, transition study, capital planning |
| MillerDodson Associatesmillerdodson.com | Annapolis, MD | All 50 states | Not stated | reserve study, transition study |
| Reserve Advisorsreserveadvisors.com | Milwaukee, WI | All 50 states | Not stated | reserve study, SIRS, insurance appraisal |
| Reserve Data Analysisreservedataanalysis.com | Not stated | All 50 states | Not stated | reserve study, SIRS |
| The Falcon Groupthefalcongroup.us | Warren, NJ | All 50 states | RS, PRA | reserve study, SIRS, transition study, capital planning |
What Illinois law says
Illinois regulates reserve funds without requiring a study. 765 ILCS 605/9 (condos); 765 ILCS 160/1-45 (CICAA) sets rules on how reserves are held, funded or disclosed; the amount the association should hold is left to the board, which is exactly the question a reserve study answers.
On disclosure: Disclosure shows reserve status and amount (per CAI).
General information checked against the statute, not legal advice. Governing documents can require more than the law does.
between studies is the usual practice where no statute sets a cycle.
for a full study with a site visit in a community of 50 to 150 units, November 2026.
Tell us the association's size and the ZIP code and we will find a firm that works in Illinois.
Get a quoteWhat a study costs in Illinois
Firms price a reserve study by the work, not the state: the number of buildings, the length of the component list, the level of service and the travel. A community of 50 to 150 units usually pays $2,000 to $8,000 for a full study with a site visit; an update with a visit is quoted at about 50 to 80 percent of a full study, and an update from the desk at 25 to 50 percent of a full study, often under $1,000 for a small community. The cost page has the estimator, the ranges by community size and where the figures come from.
Proposals from firms in Illinois will differ on the level of service before they differ on the fee. Comparing proposals sets out what to read first.
Questions from boards in Illinois
Is a reserve study required in Illinois?
How often should an association in Illinois update its reserve study?
What does a reserve study cost in Illinois?
Who can perform a reserve study in Illinois?
Where this information comes from
Related pages
- Requirements in every stateThe full table with citations.
- Reserve study costEstimator and ranges by size.
- How to compare proposalsScope first, fee last.
Request proposals in Illinois
The community ZIP code, how to reach you, then a few taps about the association. About a minute, and nothing is sent to a firm until you say so.
This is a free introduction service, not a reserve study provider. We find one firm that works in your state and tell you its name before anything is shared. Nobody contacts you until you say yes.
Thank you. Your request is logged.
- We look for a reserve study firm that covers your state and does the kind of study you described, then email or call to tell you which firm it is.
- Your details reach that firm only if you say yes.
- The firm sends a written proposal with the scope, the level of service and the fee. No marketing from us, ever.