For both renters and landlords, managing rental properties can be a major headache. Finding quality tenants, screening them, and handling maintenance can take up a lot of time, especially when you’re also juggling your own career and family. That’s why it can be smart to hire a professional Chicago residential property management company to help you handle your investment. But how do you know which one is the best?
A Chicago property management company will handle the leasing and marketing of your property, along with the collection of rent and any other fees. They will also be responsible for maintenance and any issues that come up, as well as coordinating with contractors to make sure the work is completed quickly and accurately. They’ll also be able to advise you on market trends, helping you determine the best price for your property.
One of the largest property management companies in Chicago, FirstService Residential has a team of local experts who are familiar with the area’s unique needs. They offer full-service management for residential and commercial properties, including HOAs, condos, and apartments. Their services include tenant placement, property maintenance, rent collection, legal assistance with evictions, and financial reporting. They also have a dedicated team to manage emergency repairs.
HomeRiver Group Chicago has been providing real estate management services for investors and property owners since 2006. They provide a comprehensive service package that includes leasing, tenant screening, rent collection, and maintenance. They also assist with mortgages, insurance policies, and more. They specialize in multifamily apartment homes, and their team has years of experience in the industry.
GC Realty & Development, LLC has been managing residential and commercial rentals in the Chicago metro area for over ten years. Its property managers conduct market research to set rental prices, advertise the properties, and conduct showings. They also screen applicants by conducting background checks, credit and employment history, and checking references. They can also manage property renovations to encourage lease renewals.
The Chicago property management company specializes in single-family rentals, condominiums, and small to mid-sized buildings. They also have a division that handles Section 8 housing. They have a team of experienced property managers who can handle everything from marketing to filling vacancies, collecting rent, and coordinating with contractors for maintenance. Their goal is to keep costs low, while maximizing income and protecting investments.
A family-owned company, Andco provides personalized service to clients in West and South Chicago. Its property managers are available 24/7 to respond to questions, concerns, and repairs. Their services also include marketing, screening applicants, negotiating with vendors, and ensuring compliance with fair housing laws. They can also provide property inspections, and their staff can assist with preparing rental tax returns. They also provide free estimates on new construction and renovation projects.