Rental Basics in 60641 : Advice

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Gemini Tamon…, Real Estate Pro in Skokie, IL
Gemini Tamondong answered:
Looking for a 3 bedroom in the Aville/Uptown/Edgewater area. Looking to pay under $2,000 for Sept 1. Anyone have any suggestions? Too early to look?
Yes, it might be too early to look. Some rentals that are available now might be gone by that time. I can start emailing you rentals next month. Feel free to contact me if you need assi ... more
0 votes Share Flag Sat Jun 23, 2012 Rental Basics in Uptown
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
Looking for some rental near Northside. Anyone can help?
It may be a bit to early for a 9/1 start date but there are a handful of rentals that meet your criteria.

Feel free to contact me if you need any assistance:

Bill J Deligiannis
C ... more
0 votes Share Flag Sun Jul 15, 2012 Rental Basics in Near North Side
David Wisnes…, Real Estate Pro in Chicago, IL
David Wisneski answered:
what constitutes an illegal apartment.?
In the City of Chicago, a "legal" apartment is required to have two forms of egress. Essentially, it means a front and rear exit.
0 votes Share Flag Tue Aug 26, 2014 Rental Basics in Chicago
Helen Beller, Real Estate Pro in Chicago, IL
Helen Beller answered:
Do downtown chicago condos allow you to rent out your condo?
This is a question that has to be determined building by building. There are more and more condo buildings in the city that are creating rental caps to restrict the number of rentals i ... more
0 votes Share Flag Sun May 6, 2012 Rental Basics in Chicago
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
how do i contact someone to look at an apartment?
Using a Realtor will aid your search process immensely.

If you need any help, feel free to contact me directly.

Bill J Deligiannis
Charles Rutenberg Realty
630-788-5288
billjde ... more
0 votes Share Flag Sun Jul 15, 2012 Rental Basics in Near North Side
Deborah Smith, Real Estate Pro in 60452
Deborah Smith answered:
What are some tips for renters before signing a lease?
Have a real estate attorney review the lease and also go into the property's records to see that if there are a
foreclosure or short sale proceeding that is going to happen withi ... more
0 votes Share Flag Sat Apr 14, 2012 Rental Basics in Chicago
Terry Bell, Real Estate Pro in Santa Rosa, CA
Terry Bell answered:
Is there a discount for paying a year's rent upfront?
Everything is negotiable in Real Estate, it never hurts to try! It depends on the area I'm sure and how competitive that area is.
0 votes Share Flag Sat Apr 14, 2012 Rental Basics in Chicago
Mark Malave, Real Estate Pro in 60626
Mark Malave answered:
Can I rent out a 2nd bedroom to a roomate in a condo building that is at its Rental limit?
I would say that as long as you live there, then it should be fine.
0 votes Share Flag Tue Mar 6, 2012 Rental Basics in Chicago
Margaret Goss, Real Estate Pro in Winnetka, IL
Margaret Goss answered:
Changing Property Type
The condo board can indeed decide not to allow any more rentals - I know this because it happened at a condo building where I have a rental. I bought it to rent and, luckily for me, th ... more
0 votes Share Flag Sat Oct 15, 2011 Rental Basics in 60610
David Burnham, Real Estate Pro in Washington, DC
David Burnham answered:
Difference in real estate interest and tax write offs as a landlord.
Are you asking specifically about the mortgage interest as a landlord versus a homeowner, or all your deductions?

As a homeowner, you are allowed to deduct interest on your primary a ... more
0 votes Share Flag Thu May 26, 2011 Rental Basics in Chicago
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
I bought a house and the garage was rented by someone else for a 5yr lease! do i have to honor it?
Probably, but look at the lease. What does it say? Is it a legal, standard form lease or just something someone made up on a piece of paper? Either way you probably should review it wit ... more
0 votes Share Flag Mon Apr 18, 2011 Rental Basics in 60640
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
Renting & Insurance
None, unless you want it or have the tenant get renters ins which would cost about $300/yr. You can get it from your insurance carrier also.
0 votes Share Flag Sat Oct 27, 2012 Rental Basics in 60626
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I am live in and own a 3-flat in chicago and rent out 2 of the units. What rental rules apply to me?
For accurate answers as they apply to your situation, you may wish to consult with an attorney who specializes in real estate--accurate information prevents any future problems.
0 votes Share Flag Fri Feb 25, 2011 Rental Basics in Chicago
Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
How can i get a standard chicago rental lease form?
Click on the third entry down... it will download a PDF of a basic Chicago lease
0 votes Share Flag Thu Feb 24, 2011 Rental Basics in Chicago
Marcin Talaga, Real Estate Pro in 60656
Marcin Talaga answered:
rental trends in avondale irving park
Georgestap,

Lots of renters in these two neighborhoods. Close to the train and usually cheaper rent then being closer to the inner city. You can also find some great multi-unit bui ... more
0 votes Share Flag Thu Feb 3, 2011 Rental Basics in Irving Park
Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
I bought the unit with no restriction on renting now can association change its rule in the middle and say you can not rent anymore.
Yes, of course they can. The association is in charge, and can make any rules they want (following the structure allowed by their bylaws).

Some rules require only a vote by the board ... more
0 votes Share Flag Tue Nov 9, 2010 Rental Basics in Chicago
German Llanos, Real Estate Pro in Chicago, IL
German Llanos answered:
Good Afternoon: Are your apartments section 8 welcomed?
Yes Marisa, we have section 8 units. Give me a call to help you out 847-962-0923
0 votes Share Flag Sat Nov 6, 2010 Rental Basics in 60622
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Where is the best place to inquire online about commercial tenant rights?
In order to best protect yourself, and for accurate advice as it relates to your specific situation, consider consulting with an attorney who specializes in real estate and have all rel ... more
0 votes Share Flag Thu Jul 29, 2010 Rental Basics in Chicago
Maureen Cody, Real Estate Pro in Charleston, SC
Maureen Cody answered:
I own a property management company and often get requests to manage individual units. Do I have to be a Realtor in Illinois to manage rentals?
Dear Max,

I found one resource for you:
http://www.allpropertymanagement.com/propertylaw/property-management-law-in-illinois.html

I hope this helps.

Regards,
Maureen
0 votes Share Flag Fri May 7, 2010 Rental Basics in Chicago
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