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Chicago Property Management

Find Out How Much You Can Charge For Your Rental

Chicagoland Leasing

Let us handle the leasing on your Chicago Rental Property

If I have learned anything over the course of the last 20 years, it is this. Most problems begin with the misplacement of a highly qualified applicant. Whether you simply hire us to find you a tenant, or if you are looking for our full service Property Management, we can help you to prevent any issues down the road.

We have assisted in the leasing of over 5,000 properties throughout the Chicagoland area. Each year, we gain a deeper understanding of what “best practices" look like. When something doesn’t work, we have no problem adjusting, adding, or modifying a process or procedure.

Leasing Starts Sooner Than You Think

Preparing your property prior to it being occupied can be helpful in many ways. The photography will be spectacular, and this will set the tone for an amazing showing experience. Preparing can ensure that you receive the maximum rental price the market can bear. This should occur immediately following your initial tenant vacating. Taking the time to fix, update, and clean all the right things can really pay off in the long run. It has taken us years to perfect this art - we even composed this: GC Property Standards™.

Coming Soon & Pre-Leasing

Our goal is to begin marketing upcoming properties in one of two ways: through our pre-leasing process and another one, named “coming soon”. With over thousands of residents visiting our site each day, the chance of something being available is very high! We compile all interested parties prior to your property going live!

Pricing Your Chicago Rental

Qualified applicants know quality when they see it! Our pricing strategy assists in helping those applicants gravitate towards your property. To do this, it must be priced well and look good!

Asking for more rent than is the norm may be acceptable only if you are refinancing or selling your property. As we like to ensure limited vacancy, we advise pricing the property properly from the beginning.

Real Estate Brokers and investors all over Chicago use our Rental Analysis Tool, to assist them and their clients.

Marketing Your Chicagoland Rental

Marketing photography, recent floorplans, and video tours dispersed throughout various media avenues can cast a large net. This can be of great assistance in showcasing your property and all that it has to offer. Landlords in and around the Chicagoland area like options when it comes to deciding on an applicant, and the more options you have, the better. Minimizing vacancy adds to your bottom line.

Where Do We Advertise Chicago Rental Listings

Your property will be placed on various media outlets. Those include, but are not limited to: Zillow, Trulia, MLS, Hot Pads, Zumper, Realtor, Redfin, Apartment Advisor, Apartment Picks, Apartments.com, Diggz, Listanza, Locanto, Mapliv, Mitula, Rent.com, Rentable, RentalAds.com, Rental Beast, Rentals.com, RentalSource, RentDigs, RentHop, Rentler, ShowMojo, Trovit, and Zumper.

Some of the properties included above also are syndicated to various other sites as well! We also promote our properties on social media channels that we deem appropriate as well.

We have quite a presence on social media, and we pass that advantage on to you, and your property. We direct potential clients to here: property availability listing page so that they may begin on their own personal journey.

What We Handle For You

  • Coordinating marketing pictures, video tours, and floorplans
  • Answering pre-screening questions for interested candidates
  • Following and abiding by the association Rules, Regulations, and special requirements
  • Following all State, Village, and County rental laws and ordinances
  • Strategic rental pricing and strategy
  • Showing activity
  • Prompt communication for potential candidates
  • Processing of credit, background, and applications
  • Pet screening
  • Fair Housing compliance
  • Lease signing and collection of all funds
  • Advisement on how to be prepared to submit a candidate's application - which can be reviewed here (Visit how we do this)

Showing & Price Adjustments

Our goal is to ensure minimal vacancy while also ensuring that your property receives the highest price the market can bear. However, at times we may need to make minor adjustments. We can anticipate that because there will see:

  1. No Showings - Typically, there are multiple inquiries within the first week. However, the absence of physical showings can mean that we are overpriced for the current market value.
  2. Market Analytics - We watch the state of the market, and monitor the comparable properties in the area. We can then inform you of any changes in the market, and suggest price adjustments as necessary.

Each day that a property sits vacant ends up costing the Landlord money. Since the majority of move-ins happen around the 1st of the month, we’d like to do all we can with your property prior to that. Not preparing can lead to delays in payments to you. The total cost of vacancy can outweigh a slight price change.

Outlined above is just a small glimpse of what we do around while managing hundreds of properties for our clients. Assisting our clients and while also caring and assisting residents works out well for all involved.

When you let GC Realty & Development LLC handle the leasing process, you reduce your overall risk, and gain an estimated forty hours of your life back! No matter who you are, your time is way more valuable than handling the Tenant Placement process.

Learn More About Our Screening

Schedule Your Free Consultation

HOW MUCH RENT can you get
for your investment?

  1. Tell us where your property is. Start by simply entering your Chicago area property address.
  2. Expert evaluations. The actual rental value may increase or decrease based on property location, condition and amenities. To receive the most accurate rental analysis contact us after you receive your rental report and speak with one of our Chicago property management experts.
  3. Receive your FREE report in a matter of minutes. You'll receive a personalized property report analyzing your home with a suggested rent range and market data.
  4. Get quality tenants, fast. Explore our packages for rental leasing and Chicago property management services.
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WHAT SETS US APART
FROM OTHER Chicago PROPERTY MANAGERS

Chicago's responsive pm Icon

Chicago's
Responsive
Property
Manager™

Answering resident calls and responding to owner emails timely is what is going to set this team apart from all of our competitors - it’s our mission to be the most responsive property management company.

For Rent Icon

No Fees
During
Vacancy

Many property management companies will charge you a management fee during vacancy. We don’t believe that is fair. We think we should only get paid if we are delivering a valuable service.

the best price Icon

The Best
Price For
Your Rental

We research the current rental market to determine the highest rental price the market will bear. Due to our aggressive marketing techniques and accurate pricing, most properties are leased out within 21 days or less.

Stress Free Maintenance Icon

Stress Free
In-house
Maintenance

The GCR&D operation includes a Maintenance Department that has proven to save owners hundreds of dollars per year since most jobs can be completed in house.

PRICING

GCR&D Management fees may vary and are quoted on a case by case basis but listed below are the current rate ranges for residential management.

Residential 7-8% of the gross rent
Residential 8-10% of the gross rent (Areas of Chicago Only)

GCR&D welcomes the opportunity to speak with you about your Property management needs. Please feel free to contact our office for additional information at any time.

Explore Our Pricing

FREQUENTLY ASKED QUESTIONS

Q
How long has your Chicago Property Management company been in business?
A
GCR&D has been in business since 2003, and consists of 3 partners. We incorporated our firm in 2003 as an S-Corp and restructured it in 2006 as an LLC. We started our Property Management division in 2005.
Q
What types of property and types of investors does GCR&D manage for in the Chicago area?
A
We manage Chicago residential properties from single condos to large apartment complexes for private owners. We also manage retail, industrial, and office commercial properties.
Q
How much do property management companies charge in Chicago?
A
As advertised on this website, our monthly management percentage is between 7-10% with a minimum of $100.00 per unit, per month. Multi-unit properties with rents under $1,250.00 will be treated on a case by case scenario.

Speak To A GCR&D Team Member!