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Chicago Property Management Insights

RESOURCES FOR OWNERS & INVESTORS


Blog Crisis Management for Chicago Landlords: Preparing for the Unexpected

Crisis Management for Chicago Landlords: Preparing for the Unexpected

What will you do, as a landlord, if catastrophe strikes? All of us in this business are familiar with the many responsibilities that come with managing a property. And no matter how diligent you are in your everyday operations, things can—and will—go wrong from t...
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Blog Property Management Agreements: Key Clauses for Chicago Landlords to Understand

Property Management Agreements: Key Clauses for Chicago Landlords to Understand

What is in your property management agreement? A lot of Chicago landlords will simply glance at the document, but you need to understand some key clauses and expectations. By carefully reviewing this agreement, you’ll establish a good working relationship with your man...
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Blog Seasonal Maintenance for Chicago Rentals: Keeping Your Property Pristine Year-Round

Seasonal Maintenance for Chicago Rentals: Keeping Your Property Pristine Year-Round

Are you keeping up with seasonal maintenance for your Chicago rentals? This is important because the Chicago climate can be…well, intense. From deep freezes in the winter to humid summers and wind and rain and just the general unpredictability of it all; you need a st...
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Blog The Ins and Outs of Lease Agreements: Protecting Your Chicago Property Investment

The Ins and Outs of Lease Agreements: Protecting Your Chicago Property Investment

Have you been wondering how to create a lease agreement that not only protects your investment but also minimizes conflict between tenants and promotes a harmonious living environment? As a rental property owner in Chicago, the lease agreement is one of the most powerful too...
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Blog Understanding Chicago's Rent Control Debates: What Property Owners Need to Know

Understanding Chicago's Rent Control Debates: What Property Owners Need to Know

Wondering about whether rent control will make its way to Chicago?Right now, it’s illegal. The Illinois law preventing rent control in the state is called the Rent Control Preemption Act, and it disallows cities, including Chicago, from enacting rent control ordinances. Lan...
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Blog Boosting Your Chicago Rental's Value: Smart Upgrades That Attract Top Tenants

Boosting Your Chicago Rental's Value: Smart Upgrades That Attract Top Tenants

How can you increase the rental value of your Chicago investment? Upgrades.In a city where well-qualified renters have abundant choices, from new high-rises in the Loop to charming walk-ups in Lakeview, the key to attracting profitable rents is offering tangible, lifestyle-e...
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Blog Navigating Chicago's Property Tax Landscape: A Guide for Local Investors

Navigating Chicago's Property Tax Landscape: A Guide for Local Investors

How much of your rental income in Chicago actually ends up in your pocket after property taxes, and how can you better anticipate, manage, and even reduce those costs?For real estate investors and rental property owners across Chicago, property taxes are one of the largest o...
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Blog Your Chicago Property on Autopilot: The Hands-Off Approach to Rental Success with Paragon

Your Chicago Property on Autopilot: The Hands-Off Approach to Rental Success with Paragon

Whether you’re renting out a single unit in Chicago or an entire building or maybe even a handful of units across several buildings, you’ll have to decide what kind of investment experience you want to have, and what kind of property owner you want to be. Are you...
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Blog Chicago Property Management Fees: A Breakdown of What You Get for Your Money

Chicago Property Management Fees: A Breakdown of What You Get for Your Money

You shouldn’t be playing guessing games when you’re looking at the property management fees charged by a professional Chicago property manager. At Paragon Property Management Group, we like to keep our fee schedule simple and transparent. Our job is to provide hi...
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Blog Eviction Prevention in Chicago: How Paragon Property Management Protects Your Investment

Eviction Prevention in Chicago: How Paragon Property Management Protects Your Investment

Eviction is a terrible idea. It’s terrible for you. It’s terrible for your tenants. It’s terrible for your property. Always treat eviction as a last resort. If you do have to pursue an eviction through the courts, make sure you’re working with a Chica...
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