Suburban Chicago Property Management
At Grid 7 Properties, our Real Estate and Property Management experts understand different types of properties — and individual Property Owners — have different types of needs. For this reason, Grid 7 Properties offers a full suite of Property Management services, tailored to suit your property, your tenants, and your individual goals.
What do you want to achieve as a rental property owner?
While profits are always a primary goal of a property owner, you may have other reasons for investing in real estate. Perhaps you became a landlord to improve living conditions in your community, or you’re maintaining a property that will become a legacy for your children. Or maybe you need a profitable investment property to help fund your children’s college educations or to build your retirement savings.
Whatever your goals, Grid 7 Properties is here to help you reach them. We’ll work with you to create a realistic, effective management plan that leads you down the best path to success. The discovery process is key to building a strong, profitable relationship, and by fully understanding the circumstances of your property ownership, we’ll be better equipped to serve your needs.
So, how do we get there?
The discovery process begins with three fundamental questions:
- What are your goals, and how can we achieve them?
- Which approach generates the most income for you?
- How can we best preserve and/or enhance the value of your property?
You can rely on the property and real estate experts at Grid 7 Properties to help guide you through Suburban Chicago’s ever-changing real estate terrain. Contact us today and find out how we can help you maximize your property investment.
When you contract with Grid 7 Properties, we’ll:+
- Complete an interior and exterior site visit at your property
- Work with you to create a comprehensive Property Management plan
- Compile a market rate analysis for comparable rental properties
The Benefits of using Grid 7 Properties +
- Applicant Screening
- Monthly Rent Collection
- 24/7 Tenant Availability
- Monthly Accounting Statements
- Cost Monitoring
- We're the Tenant Point of Contact
What we do as your property manager:+
- We help you develop a management plan that achieves your objectives.
- We help you determine the best approach to generate the most income.
- We help you preserve and enhance the value of your property.
Services You Can Expect: +
During the course of our business relationship, you can count on us to...
- Take over all property leasing duties
- Thoroughly screen prospective tenants, performing a credit report, three-year landlord history, criminal background check, and employment verification
- Provide full-time tenant management
- Schedule and oversee property repair and maintenance
- Manage collection of all rent
- Perform and document move-in and move-out inspections
- Provide and manage a 24/7 tenant hotline
- Deliver monthly earnings statements for your property
Suburban Chicago Cities We Service+
- Algonquin
- Barrington
- Batavia
- Bloomingdale
- Bull Valley
- Campton Hills
- Carol Stream
- Carpentersville
- Cary
- Crystal Lake
- East Dundee
- Elburn
- Elgin
- Fox River Grove
- Geneva
- Genoa
- Gilberts
- Glen Ellyn
- Hampshire
- Huntley
- Lake in the Hills
- Lakewood
- Lake Zurich
- Marengo
- McHenry
- Medinah
- North Aurora
- North Barrington
- Oakwood Hills
- Prairie Grove
- Pingree Grove
- Sleepy Hollow
- South Elgin
- St. Charles
- Sycamore
- Union
- Warrenville
- Wayne
- West Chicago
- West Dundee
- Wheaton
- Woodstock
Property Evaluation+
Prior to meeting at the property we will present a property evaluation. This evaluation will show you the range of rents for similar type properties and the range of marketing time that similar properties are on the market.
Marketing+
Being Property Owners ourselves, we understand the urgency in getting a property leased. An unleased property can costs thousands of dollars and vacancy can create an environment for property damage. We market the home through various Rental Websites, such as Realtor.com, Apartments.com, and more - as well as the Multiple Listing Service (MLS) for 3rd Party Realtors.
Tenant Screening+
Screening a potential tenant is very important. We take this very seriously. We check Criminal History, Background, Sex Offender Registry, Credit, Income, and verify employment. Please note, we are not a credit reporting agency and we cannot legally send you a copy of an applicant's credit report.
Security Deposits+
Security Deposits are held in a non-interest bearing trust account and are accounted for during audits by the Illinois Department of Financial and Professional Regulation.
Lease Preparation+
We use a lease written by attorneys at the Realtor Association of the Fox Valley. We also use a various lease addendums created by a local law firm that only practices Real Estate Law.
