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.