Services / 03 Rental Management

Filling units and managing tenants.

The letting cycle handled on the owner's behalf, from an empty unit through to a renewed lease and rent arriving on time.

Talk about your rental

A vacancy costs more than most owners account for, so the work starts with pricing the unit correctly and photographing it properly before it goes to market. From there we screen the applicants, prepare and execute the lease, handle the move-in, and collect the rent.

When the term is up we would generally rather renew a good tenant than go back to market, and we manage that conversation before the lease expires rather than after it. Turnover is the expensive part of owning a rental, and most of it is avoidable.

What rental management covers

Rental pricing analysis
Marketing, photography and showings
Tenant screening and background checks
Lease preparation and execution
Move-in and move-out inspections
Rent collection and arrears
Lease renewals and negotiation
Security deposit handling

How it runs

From the first call onwards.

Pricing the unit

We set the rent against what comparable units in the neighborhood are actually achieving, not what they are being advertised at.

Marketing and showings

Photography, listing across the portals, and showings run by us rather than left to you to schedule around your work.

Screening and lease

Credit, income, employment and prior tenancy are all verified before anyone is approved. The lease is prepared, executed and compliant with Chicago's residential landlord and tenant ordinance.

Rent, and renewal

Rent is collected and passed on with a statement. We open the renewal conversation early enough that a good tenant has a reason to stay.

Get in touch.

Send the details and the right person will come back to you, usually the same business day.

Also from The Khan Group

Our other services.

Brokerage

Licensed representation across Chicago's North Side and the neighborhoods around it, from a first condominium purchase through to a luxury single-family sale.

Property Management

Management for owners of single units, two- to six-flats and small residential portfolios who would rather not carry the day-to-day themselves.

Our sister company

Looking to build?

For custom real estate development projects in Chicago's most coveted neighborhoods, visit our sister company, AK Custom Homes.

Visit AK Custom Homes