Our Rehab and Investor Services Add Value to your Property
CL3 Property Management’s team of Property Managers, Real Estate Brokers and Support Staff is built to cater to property owners with an investment mentality.
Many individuals or investment groups have the capital and the desire to acquire Chicago Real estate, but lack the experience and expertise in property management, or have concerns about the uncertainties and work required in undertaking a rehab project, assessing the rental market, overall property valuation, and managing properties.
The senior management team at CL3 Property Management has over 50 years of combined Real Estate and Property Management experience in Chicago. Our team can provide the peace of mind to real estate investors looking to acquire multi-unit properties or individual units. CL3
Property Management can assist you through every step of the process including:
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Acquisition
- Assisting with your property search and purchase through our team of experienced Real Estate Brokers, with a focus on investment properties and value add opportunities
- Recommending lenders and sources of capital
- Analyzing the current financials and providing updated rental valuations for lease out
- Assessing the physical condition and recommending property inspectors
- Working off inspection report from purchase to correct and improve habitability
- Recommending attorneys for transactional, zoning or violation issues
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Rehab Management and Value add Services:
- Recommending repairs and rehab work
- A cost/benefit analysis of multiple scenarios involving cosmetic repair vs larger rehab projects and the subsequent rental valuations for each.
- Coordinating all rehab and repair work, by working with general contractors, sub-contractors
- Acquiring multiple quotes from preferred vendors for repair and rehab work such as painters, architects, interior designers and landscapers, etc., and accounting for all costs with online access to you at all times
- Assisting in alleviating building code violations on purchased properties
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Leasing and Management
- Preparing the property for lease by providing professional photography, cleaning, and overseeing “punch list” items
- Screening and security quality tenants for your property
- Formal move in inspections with written, video and photo documentation
- Management of the property after the unit is occupied
This extensive list illustrates the significant work involved beyond the actual acquisition of the property. Our staff has the business and personal experience and expertise to guide you along the way, and care for your property to help you maximize your investment and return.
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Explore What CL3 Property Management Can Do
as your Chicago Property Manager
Areas We Serve
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- Chicago
- Lincoln Park
- Lakeview
- River North
- Old Town
- Gold Coast
- Bucktown
- Wicker Park
- West Loop
- South Loop
- Streeterville
- Ukrainian Village
- Loop
- Roscoe Village
- North Center
- Wrigleyville
- Logan Square
- Avondale
- Lincoln Square
- Uptown
The majority of our rentals are $2,000 per month or higher and considered luxury rentals. We also manage multi-unit investment properties. All properties are considered on a case by case basis.