As this year is coming to an end, the Chicago rental market continues to thrive, offering promising opportunities for property owners and investors. With rising demand, increasing rental rates, and evolving renter preferences, understanding market trends is essential for maximizing your investment. At High Fidelity Property Management, we’re unpacking how Chicago’s rental market evolved in […]
What’s Important to Chicago Renters Today?
As rents rise and rental demand stays strong in Chicago, renters are more selective about where they choose to live. If you’re a landlord or property manager in this dynamic market, understanding what’s important to Chicago renters today can help you make your property more appealing for years to come. Here are some key insights […]
Why 6-Flat Buildings Are a Great Investment
At High Fidelity Property Management, we specialize in managing 6-flat multi-unit apartment buildings, particularly the vintage, center-entrance types that define much of Chicago’s real estate history. These classic structures, rich in architectural charm and historic significance, remain a cornerstone of Chicago’s housing landscape. In this post, we’ll share why 6-flat buildings are a great investment […]
Three Ways Apartment Investors Can Maximize Rents and Minimize Vacancies During Chicago’s Off-Season
Rents are declining in Chicago — fast. It doesn’t have to do with inflation or a pending recession, rather it’s seasonality. At High Fidelity Property Management, we typically see an annual trend of decline by as much as 15-20% from the high-water mark in June to the bottom in February.