Featured Services
Property Management
Utilizing state of the art management systems and a reliable contractor network, we efficiently manage properties to maintain high occupancy levels and reduce rent loss. With quick response times to maintenance requests and superior customer service, tenants remain loyal to 1804 Realty, thus reducing unit turnover.
Property Management
Utilizing state of the art management systems and a reliable contractor network, we efficiently manage properties to maintain high occupancy levels and reduce rent loss. With quick response times to maintenance requests and superior customer service, tenants remain loyal to 1804 Realty, thus reducing unit turnover.
Darvel Desroches, Esq.
- Darvel Desroches is a real estate professional with significant experience providing brokerage, development, management and consulting services to individuals and investment groups. Darvel began his career at National Equity Fund., Inc. where he provided capital and loans through the New Markets Tax Credits Program to businesses and real estate development projects located in low-income areas throughout the United States. During his career, Darvel has closed over $78 million of business and real estate development transactions.
- Darvel formed 1804 Realty to help individual investors and investment groups grow and scale their real estate portfolios by providing a one-stop shop solution with the expertise, professionalism and capacity to manage projects from acquisition and development to eventual stabilization or sale. With a focus on understanding each client’s risk tolerance and exit strategy, he identifies and sources properties, helps to secure financing, oversees construction, and manages the finished asset to maximize returns or ultimate sale. This vertically integrated approach to real estate takes the hassle, worry and uncertainty out of the real estate investment process and allows clients to focus on their primary business and build lasting legacies.
Affiliations
- Illinois Licensed Real Estate Managing Broker
- Member, Chicago Association of REALTORS
- Board Member, Chicago (IL) Alumni Chapter of Kappa Alpha Psi Fraternity, Inc.
Video Testimonial
-Dr. Mfon Akpan
What My Clients are Saying
"As an out of town real estate investor, finding a local partner that has the integrity, capability and network required for success was a major challenge until I was lucky enough to be introduced to Darvel Desroches of 1804 Realty Group LLC through a mutual contact. He was quick to prove himself as a dependable and extremely knowledgeable advocate. His breadth of knowledge, resourcefulness and ability to navigate complex issues whether on the construction side, tenant interaction or city / municipal code has resulted in many successes. Through thick and thin, Darvel has been my trusted advisor and partner for several years now and has helped to lease up, stabilize and grow my Chicago real estate investment portfolio. With any luck, I’ll be working with him for many more years to come."
-Rami M., Individual Investor
"My business relationship with Darvel Desroches of 1804 Realty Group began with the acquisition of a distressed 6-unit building in the Woodlawn area of Chicago. Darvel and his team at 1804 Realty identified necessary repairs to correct the building violations, managed the construction, leased out and stabilized the building, and spearheaded the refinancing. With his deep understanding of real estate transactions as an attorney and property owner and strong relationships with key stakeholders in Chicago, we were able to turn this complex and multi-step project into a success story.
Since then, Darvel and I have worked on several other transactions together and helped me grow from 6 units to 30+ plus units in less than three years. More importantly, our relationship has grown to one in which we have partnered on certain transactions and pooled resources to complete projects.
As an out of state investor who was keen on entering the Chicagoland market, it was critical to establish a strong relationship with a real estate consultant that could provide one-stop shop service and be a true partner and advocate. I look forward to continuing to work with Darvel in the future."
-Don B., Shangri La Enterprises LLC
"Woodlawn Preservation Association LLC retained Darvel Desroches of 1804 Realty Group LLC to lease up, manage, stabilize and ultimately sell its Chicago portfolio consisting of vacant lots and multi-unit buildings.
Darvel reviewed the portfolio, identified necessary repairs and implemented an ambitious lease up and stabilization plan that included unit renovations to maximize rental income, common area improvements, and correcting building violations. Ultimately, Darvel helped us turn around and sell these underperforming assets at a profit.
Darvel and his team provided top-notch real estate services, counsel and direction during this period of time. His firm is truly a one-stop shop for real estate services that delivers."
-Charley H., Woodlawn Preservation Association LLC
"We have worked with Darvel from 1804 Realty on a number of projects from single family flips to acquisitions of multi-family buildings. With his deep understanding of real estate finance, development, and a pulse on the Chicagoland market, Darvel has been a trusted advisor and partner who has helped us adeptly analyze investments, acquire properties and complete projects. His one-stop solution and ability to lead a deal is perfect for investors who seek a professional who can manage a project from acquisition to completion. We are busy property owners with a number of assets under management so having someone who can manage a project on their own with minimal oversight allows us to focus on our core business. "
-Dean M., Private Investment Group Manager