Chicago Property Management Services – Hire Our Top Rated Rental Property Managers

Our goal is to turn your rental property into a hassle-free, cash-flowing investment.

At High Fidelity Realty, we provide full-service property management solutions designed to simplify ownership while maximizing the value of your investment. Our services include:

  • Tenant Relations: Maintaining open communication with tenants, addressing their concerns promptly, and ensuring a positive living experience.
  • Maintenance Coordination: Handling routine maintenance requests and scheduling necessary repairs to keep your property in top condition.
  • Financial Reporting: Providing detailed monthly and annual reports, so you always have a clear picture of your property’s performance.

Full-Service Property Management at a Glance

Rental Property Collection & Enforcement

Timely rent is the lifeblood of your investment, so we start with automated invoicing and multiple online payment options that encourage residents to pay on or before the first. The moment a payment is late, our system applies the contractual fee, documents the balance, and issues friendly yet firm reminders that keep arrears from snowballing. Accounts that remain delinquent receive state-compliant Pay-or-Quit notices, followed—when beneficial—by creative settlements such as cash-for-keys that clear the unit without legal drama. If court becomes necessary, we hand attorneys airtight ledgers, inspection photos, and communication logs while guiding you through each filing. Every step strictly follows Chicago and Illinois landlord-tenant statutes, protecting both your cash flow and your reputation.

Maintenance & Repairs Coordination

We begin with a top-to-bottom inspection that records the condition of every system, giving us a data-driven baseline for your asset. From there we design a three-tier maintenance plan: proactive projects that eliminate root-cause failures, corrective repairs scheduled when inspections flag a problem, and preventative routines—time, usage, and condition based—that keep everything else humming. Together we set an annual budget aligned with your return goals, then deliver transparent monthly reports on open work orders, turnovers, and capital projects. Most jobs are handled by our full-time technicians in HVAC, plumbing, electrical, carpentry, roofing, and more, ensuring quick response and consistent workmanship. When specialty help is needed, trusted vendors compete for the assignment, honor our volume pricing, and get paid only after we verify the job meets our standards.

Tenant Screening & Placement

Quality tenancies start with meticulous screening. Our unified application pulls credit history, employment verification, income ratios, identity, and prior rental performance in a single pass, applying identical scorecards to every applicant to maintain fair-housing compliance. Candidates who fall just shy of thresholds can still qualify through rent-guarantee insurance, protecting your revenue while minimizing vacancy days. Once the right resident is identified, we negotiate lease length, rent escalators, pet addenda, and early-termination clauses to align with your financial objectives. The result is a well-qualified tenant who understands the terms, a lease that defends your asset, and peace of mind that your occupancy decision was driven by objective data rather than guesswork.

Leasing & Marketing

Effective leasing begins with positioning. After a detailed walkthrough, we recommend high-ROI upgrades—fresh paint, lighting, deep cleaning—that elevate appeal and rent potential. Professional photographers then capture the refreshed space, producing stills, floor plans, and 3-D or drone visuals that anchor persuasive copy written with a clear call to action. Listings are syndicated across Zillow, Apartments.com, MLS, social channels, and on-site signage, while dynamic pricing software reviews inquiry volume and neighborhood comps daily to keep rates competitive. Prospects schedule tours through a 24/7 hotline, are pre-qualified in minutes, and meet our licensed agents any day of the week. Continuous sales training ensures each showing highlights value and converts prospects into fully screened applicants, which shortens vacancy and maximizes revenue.

Financial Reporting & Taxes

We treat your property’s finances like a business ledger. Utilities are opened under landlord reversion agreements, transferred to residents on move-in, and verified alongside collection of all fees before occupancy. Annual budgets and rolling cash-flow forecasts outline upcoming expenses and owner disbursements so you’re never guessing about liquidity. Vendor bills, insurance premiums, and loan payments move through a controlled approval workflow, with capital projects requiring written consent before funds are released. Each transaction is archived with invoices, receipts, and warranties for audit traceability. Monthly you receive a clear profit-and-loss statement, reserve summary, and expense drill-down. At year-end we compile 1099s and tax-ready schedules, flagging eligible deductions and coordinating directly with your CPA to ensure every write-off is captured accurately.

Legal / RLTO Compliance Support

Chicago’s Residential Landlord-Tenant Ordinance is complex, and penalties for missteps are steep. Our compliance team monitors municipal databases daily, so if a building-code citation or RLTO notice appears, you hear from us first. We outline corrective actions, hire licensed contractors, and lock in timelines to satisfy inspectors before fines escalate. Detailed progress reports and photos are filed with the city and shared with you in real time. Should the matter advance to court, our licensed representatives appear on your behalf, presenting documentation that often reduces or eliminates penalties. Throughout the process, we keep you informed and ensure every repair, notice, and courtroom statement aligns with local statutes, safeguarding your asset and reputation.

Why Chicago Owners Choose High Fidelity Realty

90%

of our business comes from referrals

96%

of real estate investor clients renew each year

99%

overall occupancy maintained

96%

of rental income collected annually

65%

of residents renew

100%

focused on increasing net income

Owner Success Stories & Reviews

investor real estate services

400 N. LaSalle, Chicago, IL

An investment firm hired us to take over a fractured condo deal where they owned 105 units out of 400 units in a large downtown high-rise in River North. When we took over in 2014 from a prominent Chicago management firm, there were many vacancies, some delinquent rents, and neglected maintenance issues. Since then, we’ve shrunk annual vacancy to <1% and increased rents by over 30%. We’ve been instrumental in the group’s ability to maneuver between leasing and selling off individual condo units. We credit this to proactive communication and a collaborative approach with the client.

Exclusive Leasing for Mid-Sized Investment Firm

In 2018, a mid-sized apartment investment firm hired us to lease up and stabilize 6 apartment buildings totaling over 150 units. When we assumed duties, there were a lot of vacancies that needed to be filled at top market rates. As of today, we’re still their exclusive apartment marketing firm and we continue to work closely with ownership on overall strategy, market positioning, and pricing.

investor real estate services

Albany Park Leasing Assignment for Local Rehabber

A local apartment investor/rehabber hired us to stabilize 4 buildings totaling over 25 units. When we took on the assignment, our client relied on us for guidance on pricing, marketing, and stabilizing what was at that time an unstable portfolio. We were able to lease up all units at the target price point, with minimal market time. We now lease and manage all of his properties exclusively.

New Construction Lease Up in Lincoln Park

At the onset of the COVID-19 pandemic, we were tasked with leasing six new construction 3-bed, 2-bath apartments in the heart of Lincoln Park at top dollar. We leased all six at the target price in a month. Today, we lease and manage this client’s portfolio ranging from Forest Park, Andersonville, Gold Coast to Lincoln Park.

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Chicago Neighborhoods & Suburbs We Serve

Frequently Asked Questions