Chicago Property Management
Let us manage your Chicago 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 Chicago property management company, our team is responsible for taking care of all aspects of managing your rental(s).
Why Get a Rental Price 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.
- Get Optimized Rental Value for Your Property
- Gain Crucial Insight Into Current Market Conditions
- Determine Your Cashflow from Monthly Rental Value
How Our Rent Report Works
- Tell us where your property is Start by simply entering your property address.
- 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.
- 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.
- 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 FREE RENTAL REPORT 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.
GET THE RETURNS YOU DESERVE
WHAT SETS US APART FROM OTHER CHICAGO 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.GET A FREE RENTAL ANALYSIS REPORT >>
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.
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.START EARNING THE RETURNS YOU DESERVE >>
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.CONTACT US FOR A PROPERTY EVALUATION >>
Renovations & 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.SCHEDULE A CONSULTATION >>
Unparalleled Customer Service
GCR&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.GET A SERVICES QUOTE >>
As an investment opportunity, Chicago is the place to be. Why? Well, for starters:
- Chicago has the 3rd largest economy in the US with a metropolitan gross domestic product of $590 billion.
- Increased demand for rental units*
- Steady appreciation means your rate of return grows at a faster pace
- Tenants can build equity for you
- Equity can be created with debt reduction and appreciation
Choosing Chicago for Real Estate Investing
Chicago is home to approximately 2.7 million residents and is the third largest city in the United States. A truly unique mix of global attractions and local charm, Chicago has it all. Residents in the area enjoy dozens of cultural institutions, historical sites, museums, more than 200 theaters, nearly 200 art galleries, over 7,300 restaurants, and 26 miles of beautiful lakefront. There are 77 community areas containing more than 100 neighborhoods in Chicago and almost 10 million additional residents living in the surrounding metropolitan area.
Chicago is currently home to 11 Fortune 500 companies while the rest of the metropolitan area hosts an additional 23 Fortune 500 companies. Specialists believe now is a great time to find a job in Chicago as most companies are hiring and unemployment continues to fall. Job data shows the most in-demand jobs include IT, health care, technically skilled labor, finance, sales and nonprofits. Job growth leads to growth in other service sectors and housing.
Chicago makes it easy to get around. Originally a transit hub with criss crossing rail lines and access to the Great Lakes, Chicago now boasts two large airports (O’Hare International Airport is the 3rd busiest airport in the United States) with direct flights to and from just about anywhere, public transportation includes the Metra, buses, the “L” (short for elevated) is a rail mass transit system, taxis, ride share services and more. There’s even a water taxi on the Chicago River. Commuters always have access to easy, affordable transportation.
Chicago housing, unlike housing in other major cities such as New York and Los Angeles, is affordable. Not only do renters not pay the broker's fee in Chicago, they can expect to find a wide range of housing options from houses with yards to condo buildings with extravagant amenities.
Whether you are looking for an investment property in a bustling urban area near employment centers, public transportation and plenty of renters, or a suburban asset with access to the city, Chicago is the place for you!
Areas We Serve
- Crystal Lake
- Oak Brook
- Arlington Heights
- Mount Prospect
- Hoffman Estates
- Country Club Hills
- South Holland
- St Charles
- Villa Park
- Gold Coast
- Elk Grove
- North Park
- Old Town
- Glendale Heights
- Carol Stream
- Rolling Meadows
- West Loop
- Lincoln Park
- Logan Square
- South Loop
- West Chicago
- Hanover Park
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.View Entire Coverage Area >>