Residential Rental Criteria

Dear Applicant,

Thank you for choosing to apply to rent a Landmark Property Management property! As we provide a high-quality experience to all our residents; we are seeking long term, high quality residents.

Please read the below information and instructions fully.

Scoring Criteria:

Applications are processed on a point system and scored based upon factors including, but not limited to: rental history, income, employment, criminal and eviction history, and credit score. If your application does not meet our minimum qualifications, an additional security deposit may be required.

  1. Your gross income should be at least 3 times the monthly rent. We do combine all adult's income. If the income is less than 2 times, it will result in this application being automatically denied.
  2. At least one person must have a credit score of 575 or above.
  3. If you've had an eviction within the last 5 years or 2 or more evictions at any point in time; this is an automatic denial.
  4. A valid government-issued photo ID is required from all applicants
  5. Felony convictions may result in the application being denied.  
  6. If ANY information is found to be false, the application will be automatically denied.

Smoking and Marijuana Use:

NO tobacco or marijuana smoking is allowed inside of ANY of our rental homes. Although IL has legalized the use of medical marijuana and recreational marijuana, under Federal law, marijuana remains a Class I Controlled Substance and therefore illegal under the Federal Laws. Illinois law and Federal law gives us the right to prohibit it. Marijuana use, possession, and/or growing is prohibited at all our rental homes and violators will be evicted per our lease agreement. 

Pet Policy:

Please confirm the pet policy for this property. If pets are allowed for this property, please note that we do have breed and age restrictions on dogs that we must follow as a company policy. All of our properties differ in pet policies regarding what kind of pet, weight, number of pets allowed, and additional pet fees do apply per pet.

Next Steps:

Each occupant, age 18 and above, must complete an individual application and pay a NONREFUNDABLE application fee of $50 per adult. Application fees must be received BEFORE the application can be processed. 

  1. An incomplete application will delay the process and may result in another applicant being approved while we wait for your information.
  2. Once we receive your completed application, we will have it fully processed and notify you of the results within 48 business hours of receipt.
  3. If approved, you will have 24 hours to sign the lease AND pay the security deposit / move in fee online. We will place the property on a temporary hold for 24 hours, however, until we receive the signed lease AND the security deposit / move in fee, we will not take the property off the market.
  4. In the case where we receive more than one application on a property, we will process ALL applications and approve the highest scored applicant. If your application is approved with less points, we do hold applications open for 60 days. You may apply your pre-approved application towards any of our other properties within those 60 days WITHOUT having to pay an application fee again.

A resident amenity fee of $5 per month will be charged and must be included with the monthly rent payment. Click the following link to view resident amenities: https://www.chicagospropertymanagement.com/resident-benefits

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