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 […]
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.