Property Management Blog

4 Essential Rental Laws Every Chicago Landlord Should Know

By Jason Marcordes Wednesday, September 3, 2025

Owning rental property in Chicago or nearby suburbs like Naperville, Oak Park, and Tinley Park can be a profitable investment. But one wrong move with local landlord-tenant laws can quickly turn that investment into a liability. Legal mistakes often lead to fines, lawsuits, or lo...

How the Congress Theater Renovation Could Transform Logan Square’s Rental Market

By Jason Marcordes Tuesday, August 26, 2025

For decades, the Congress Theater in Logan Square has stood as both an architectural gem and a missed opportunity. Now, backed by more than $6 million in tax incentives and with Chicago City Council approval, this landmark is slated for a massive revival.When the doors reopen in ...

What to Do When Your Tenant Doesn't Pay Their Rent in Chicago, Illinois

By Jason Marcordes Monday, August 25, 2025

Dealing with tenants who stop paying rent can be stressful for property owners, especially in Chicago and surrounding counties like Cook and Will. Knowing the correct steps to follow is not just about recovering payment. It is about protecting your property, staying compliant, an...

5 Costly Mistakes Chicago Landlords Make and How to Avoid Them

By Jason Marcordes Friday, August 15, 2025

Managing rental properties in the Chicago area can be a lucrative business, but it comes with its own set of challenges. Many landlords lose money not because of market conditions, but due to avoidable mistakes. In this guide, Kristy Marcordes from Landmark Property Man...

Best Neighborhood to Buy Rental Property in Chicago: Lakeview vs. Lincoln Park

By Jason Marcordes Monday, August 11, 2025

If you're deciding between Lakeview and Lincoln Park for your next rental property, you're on the right track to finding a quality investment. These two Chicago neighborhoods consistently rank among the best for real estate investment thanks to their strong rent...

Grant Park Redesign Plans: How They Could Impact Chicago Rental Properties

By Jason Marcordes Friday, August 8, 2025

Grant Park Framework Plan from the Chicago Park DistrictThe Chicago Park District has released the first iteration of its Grant Park Framework Plan, a bold reimagining of Chicago's 319-acre lakefront park. Dubbed "Chicago's Front Yard," the plan focuse...

Trump’s Real Estate Tax Plan Signed Into Law in July: New 2025 Updates for Real Estate Investors i...

By Jason Marcordes Wednesday, July 30, 2025

What Chicago Landlords Should Know Now That the One Big Beautiful Bill is Officially LawIn June, we broke down Trump’s proposed real estate tax plan and what it could mean for landlords and investors. At the time, the “One Big Beautiful Bill Act” (OBBBA) wa...

Best Neighborhoods to Invest in Chicago, IL

By Jason Marcordes Tuesday, July 29, 2025

Key Takeaways:Chicago offers diverse neighborhoods—from vibrant urban hubs to family-friendly suburbs—ideal for various investment strategies.Emerging areas like Bronzeville and Avondale present strong growth potential for savvy investors.Professional property managem...

Thinking of Starting a Property Management Company in Chicago? Here’s What You Need to Know

By Jason Marcordes Friday, July 18, 2025

Are you thinking about starting your own property management company in Chicago or the surrounding suburbs like Naperville, Oak Park, or Tinley Park?If you’ve been managing your own rental properties, or you’re an investor with an eye for opportunity, launching a prop...

How to Find Off-Market Real Estate Deals in Chicago: Hidden Gems for Landlords

By Jason Marcordes Monday, July 14, 2025

With demand outpacing supply in many Chicago neighborhoods, investors are increasingly seeking off-market deals—hidden opportunities that most buyers never see.When it comes to off-market properties, Chicago real estate professionals know these unlisted homes offer the chan...