Cost to hire a property manager

If you're considering hiring a property manager for your Chicago rental property, one of the first questions you'll likely ask is: "How much does property management cost?" The answer depends on the company, the services provided, and how the fee structure is designed. While many firms advertise a low monthly management fee, additional charges can significantly increase the true cost of management. In this guide, we'll break down common property management fees in Chicago and

If you own a condo in Chicago and are trying to decide whether to rent it out or sell it, you’re asking one of the most common — and most important — questions we hear from property owners. The answer isn’t the same for everyone, but understanding the current market and your financial position will make the decision much clearer. Chicago's rental market has remained one of the most resilient in the country, even during periods of higher interest rates and shifting buyer deman

Did you suddenly become a landlord without planning to? You’re not alone — and you’re not in over your head. Many people rent a home not by design, but because life took an unexpected turn. A job relocation, inheriting a family property, delaying a sale due to market conditions, or purchasing a new home while keeping the old one are all common ways people become “accidental landlords.” If that sounds familiar, you’re in good company. While it may not have been part of your or

Managing a property can be a complex and time-consuming task. Whether you own a residential building, commercial space, or rental units, ensuring everything runs smoothly requires expertise and dedication. Professional property oversight offers a solution that can save you time, reduce stress, and maximize your investment returns. This article explores the many benefits of entrusting your property to experienced managers and how their skills can enhance your property's value

For many landlords, the cost of leasing a unit can feel like a gamble. Traditional property managers often charge large upfront placement fees, regardless of how the tenancy turns out. But what if you could avoid that out-of-pocket expense and still get high-quality tenants with professional leasing support? At City Roots Properties, we believe in a better approach. Understand the Financial Burden One of the most frustrating surprises for rental property owners is the steep,