What Zillow and Redfin Can’t Tell You About the Chicago Rental Market Forecast (2025 Edition)
By Jason Marcordes Tuesday, May 20, 2025
Quick Overview:Online rental pricing tools often miss local nuances critical in Chicago.Block-by-block variability makes automated estimates unreliable.Zillow and Redfin use lagging data and lack insight into current tenant demand.Chicago's rental pricing is being reshaped b...
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Lakeview’s Transformation: What Rental Property Owners in Chicago Need to Know
By Jason Marcordes Thursday, May 1, 2025
The neighborhood of Lakeview has long been one of Chicago’s most vibrant and sought-after neighborhoods, offering a rare mix of lakefront living, historic architecture, iconic entertainment, and an unbeatable neighborhood feel. From the bustling streets of Wrigleyville...
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Hidden Costs in Property Management Contracts: What to Watch For
By Jason Marcordes Monday, April 28, 2025
When it comes to property management fees, there’s no universal standard for what’s charged—or what could be charged. While I’m a strong believer that you get what you pay for, I also think it’s important to know exactly what you're paying for up...
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The Impact of Chicago's Transportation Developments on Rental Property Values
By Jason Marcordes Tuesday, April 22, 2025
In Chicago’s rental market, walking distance to a CTA station or express bus line often separates average units from high-demand rental properties. Proximity to transit doesn’t just save time—it enhances the resident experience. Tenants are willing to pay for th...
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Handling Late Rent Payments: What Excuses to Accept from Chicago Tenants
By Jason Marcordes Thursday, April 17, 2025
As a Chicago landlord or investment property manager, dealing with late rent payments is part of the job. From seasonal slowdowns and job losses to unexpected emergencies, tenants can fall behind on rent for a variety of reasons. While some circumstances genuinely call for flexib...
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How Long Should It Take to Find Tenants for a Chicago Rental Property?
By Jason Marcordes Monday, March 31, 2025
If you find yourself sitting on an empty investment property for too much time, the vacancy cost might need to be considered. Understanding how much time it should take to find the right tenant for your Chicago rental property is important in your real estate investment stra...
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Chicago Property Marketing Strategies & Why Your Property Attracts Few Applicants
By Jason Marcordes Monday, March 17, 2025
Are you a landlord or rental owner in Chicago who is or has been struggling to find quality rental applicants? Don’t worry, you’re not alone in this challenge! Chicago is a unique market, and making sure your property is showing at its highest potential is key to...
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Investing in Chicagoland real estate can be a great way to build wealth, but for many local and out-of-state investors, cash flow issues can turn a promising property into a financial burden.If your investment property isn’t generating the returns you expected, you’r...
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Property Management Company Forecasts Rents to Rise in 2025 and 2026 - Insights for Landlords
By Jason Marcordes Thursday, January 30, 2025
As Chicago landlords prepare for shifts in the rental market, staying ahead of rising rents and changing trends is essential.New data indicates that rents could increase in 2025 and 2026 as the rental market transitions from an oversupplied state to a potential shortage. This bl...
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The Chicago real estate market offers many opportunities for investors worldwide. Navigating the complexities of property management in Chicago requires a deep understanding of the local market and its challenges. Whether working with a professional property management company or...
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