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Mount Prospect Property Management

Let us manage your Mount Prospect Rental Property

Having a successful rental property requires a lot of time, effort, experience and knowledge. Let us save you that time, effort and frustration that comes with gaining that experience.

As a full service Mount Prospect property management company, our team is responsible for taking care of all aspects of managing your rental(s).

  • Why Get a Rental Analysis & RentGrade?

    Our Rental Analysis Report helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage investment property more wisely.

    1. Get Optimized Rental Value for Your Property
    2. Gain Crucial Insight Into Current Market Conditions
    3. Determine Your Cashflow from Monthly Rental Value
  • How Our Rent Report Works

    1. Tell us where your property is Start by simply entering your property address.
    2. 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.
    3. Expert Evaluation 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 market experts.
    4. Get Quality Tenants Fast Explore our packages for rental leasing and management services.

    Get started with your FREE RENTAL PRICE ANALYSIS or, if you just need a little more information first, feel free to fill out the form to the right and we will be happy to schedule a call to discuss your property needs.

GET YOUR AUTOMATED RENTAL ANALYSIS NOW!

Enter your rental property address and your Rent Report will get emailed to you, automatically!

GCR&D provides property management services for all Residential Properties in the Chicago West & Northwest Suburbs to include Kane County, DuPage County, Western Cook County and parts of McHenry County and Lake County.

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What we offer with our full service Property Management:

  • Leasing & Tenant Screening
  • Rental Collection
  • Lease & Late Fee Enforcement
  • Property Maintenance Services
  • Detailed Monthly Financial Reporting - see a sample here Owner Monthly Statement Sample - ABC Lane
  • Village Rental License Compliance
  • Subsidized Housing Expertise
  • Turnover and Renovation Work
  • Landscaping & Snow Removal Oversight
  • Capital Improvement Estimates
  • Eviction Assistance
  • Real Estate Brokerage to Assist in Purchasing and Selling Property

WHAT SETS US APART FROM OTHER Mount Prospect AREA PROPERTY MANAGERS

  • Proactively and successfully managing properties since 2005

    Currently, GCR&D manages over 700 residential units. The operation has seen significant growth in the last several years and contributes much of its success to its ability to restore troubled properties into income generating properties quickly.

    Each employee of GCR&D are property managers and landlords themselves, and understand how to manage properties from the owner’s perspective. The goal of GCR&D is quite simple: Making properties as attractive as possible, keeping costs to a minimum, and the ability to attract excellent tenants who pay the highest rent available that the market can bear.

    The Property Managers do all they can to eliminate or limit the possibility of vacancy in your property due to turnovers being costly. Leasing a space includes procuring tenants that have long term potential, and once a unit is rented, the team works in a plethora of ways to keep tenants in the space. Turnover costs eat away at profits and the ability to retain tenants proves to significantly increase the profits of owners year after year.
  • Aggressively reducing vacancy & setting the rental price

    There are instances in which tenants still have a desire to move from a space, and this is where GCR&D becomes aggressive in turning over the space as quickly as possible to procure a new tenant. Working closely with each property owner, GCR&D researches the current rental market to determine the highest rental price that the market will bear. Efforts to lease the space to a new tenant begin prior to the current tenant vacating as this drastically reduces vacancy time even when a turnover is included. Great success has come in following this standard and due to our aggressive marketing techniques, most properties are leased out within 21 days or less.
  • Property Maintenance

    One of the largest aspects of maintaining any property is the supervision of routine preventative maintenance and turnover costs. Due to the fact that property maintenance tends to be the bulk of annual budgets, it is ever so important to control costs by completing these jobs in a timely manner and at the best value while not sacrificing quality. 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. In some instances, large scale projects are needed and GCR&D has to ability to negotiate rates with preferred vendors with the savings passed down to client.
  • Renovations and Rehabilitation

    GCR&D also has the ability to handle renovations or rehabilitation projects. The projects occur for an owner when a plan has been set in place to increase rent. These projects may include replacing an entire Kitchen or Bathroom and can be completed in house by GCR&D or through preferred vendors and third-party contractors.

    GCR&D maintains liability, workers comp, umbrella, & E&O insurance. Proof of insurance is always available upon request.

    Clients who have their own team of trusted vendors may continue to use the services of their own vendors. GCR&D will continue to work with and coordinate any maintenance issues with these preferred vendors.
  • Unparalleled Customer Service

    R&D offers unparalleled customer service when problems do arise. Tenants of GCR&D properties may call a designated 24 hour work order line and speak with a live representative at the first sign of a maintenance issue. Maintenance requests are sent to all Property Managers & Supervisors which provides the ability to quickly respond to any issue that may arise.

Pricing

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

  • Residential: 6-8% of the gross rent
  • Residential: 8-10% of the gross rent (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.

Contact Us for a Quote

Find out if you are maximizing your investment’s potential.

Why Mount Prospect?

As an investment opportunity, Mount Prospect is the place to be. Why? Well, for starters:

Mount Prospect is a village in Elk Grove and Wheeling Townships in Cook County, Illinois, about 22 miles (35 km) northwest of downtown Chicago, and approximately 4 miles north of O'Hare International Airport. As of the 2010 census, the village had a total population of 54,167.

Mount Prospect has a number of distinct and award-winning school districts. It has multiple districts that serve the village. Central Mount Prospect is served by Mount Prospect School District 57. North (and somewhat east) Mount Prospect is served by River Trails School District 26. South (and somewhat west) Mount Prospect is served by Elk Grove Community Consolidated School District 59. A very small portion of northern Mount Prospect in its northernmost point is served by

Buffalo Grove-Wheeling Community Consolidated District 21. A small part of north central Mount Prospect is also served by Arlington Heights School District 25. A small part of northwest Mount Prospect is served by Prospect Heights School District 23. Source From Wikipedia

Mount Prospect Area Info

Areas We Serve

In addition to the cities above, GC Realty & Development, LLC has coverage all over the Chicagoland Area including Kane, Cook, Lake, Mchenry & Dupage Counties. We also have coverage across a large portion of the city including downtown Chicago.

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