Niles Rental Property Management
Let Us Manage Your Investment Property
606 Realty has the industry and financial expertise to manage your investment property profitably, professionally, and with full transparency. No more asking for access to the funds generated by your investment. Your revenue, records and balance sheet are at your fingertips. Familiarity with rental market rates, reduced vacancy rates, and finding quality long-term tenants is what our clients have come to expect from the professionals at 606 Realty. An in-house legal department, a dedicated operations division, and trusted tradespeople ensure that your investment is professionally managed, marketed, and maintained.
The Benefits of Using 606 Realty
- Complete access to the income generated by your investment
- Absolutely NO mark-up on customary maintenance repairs, including apartment turnovers
- Online 24/7 access to comprehensive financial information including Balance Sheet, Accounts Payable, Accounts Receivable, Monthly Cash Flow, and Rent Roll
- Experienced, assigned staff members including a senior property manager, dedicated property manager, senior bookkeeper, dedicated bookkeeper and a leasing coordinator/processor
- Full service or limited scope management options for more involved owners is available
- Supervision and Management of Building Maintenance, Operations and Repairs
- Selection of Janitor/Maintenance Services -Maintenance will be responsible for upkeep of grounds, snow removal, landscaping, basic repairs in common areas and repairs in occupied units
- Coordination of unit turnovers including move-ins, move-outs and unit inspections
- Monthly rent collection and delinquent collection procedures
- Processing and Payment of Operating Expenses
- Negotiations of Contracts and Contract Renewals
- Project management
- Lease renewal administration
- Marketing of available units through use of in-house leasing agents as well as outside rental agencies
- Comprehensive tenant screening
- New lease generation, preparation and execution
- Preventative Maintenance Program
- Ongoing Risk Assessment and Evaluations
- Access to live help for after-hours emergencies and complaints via our answering service
- Regular property inspections with our inspection app
- Responsive Tenant communication systems
- In-house legal department
- Manage building court violations
- Coordinate evictions
- Coordinate tax appeals
Inquire About Our Services
Fill out my online form.
Q: Tracking & Accounting
We’ll collect the rent, pay the bills and maintain the property – and you can see the health and well-being of your investment anytime you want. Your funds, income statement’s and balance sheets are just a click away.
Q: Budgeting & Forecasting
We will create an annual budget – for your approval, of course. We can also forecast for projects, manage expenses, and manage small or large improvement and construction projects. Whether it’s gutting a single unit or gutting all the units, 606 Realty will scope and bid the work, make sure it’s apples-to-apples, provide oversight and get the job done right – and on time.
Q: Better Maintenance
Maintaining the condition of your property not only makes good sense – it keeps operating expenses down. Whether it involves not letting little problems become big problems, or passing building inspections without code violations, 606 Realty has the staff, crew and vetted contractors to get the job done at the most competitive price.
And, with 606 Realty there is no up-charging for regular maintenance – including work associated with the turnover of an apartment.
Q: Property Inspections
Not-taking-your-eye-off-the-ball, is what we call it. We’ll walk your property with our inspection app. We record our visits with photos, videos and descriptions so you know the condition of your investment.
Q: Reoccurring Maintenance
606 Realty dockets recurring maintenance issues. Whether its stoking the boiler, changing filters, or rodding the sewer lines, its docketed on your assets calendar. When the time comes, the work is done – no muss, no fuss!
Property Owner FAQS
Access to Your Funds 24/7
Absolutely NO Mark-up On Customary Maintenance Costs – Flat Fee Pricing – No Nickel & Diming
Electronic Accounting Reports at Your Fingertips 24/7
Regular Property Inspections With Our Inspection App
Full Service Rental Services Including Advertising, Pricing, Showings & Lease Signing
Budgeting, Forecasting & Projection Management
Q: Can you put the money directly into my account?
Yes, rent will be deposited directly into your property’s OP account.
Q: What types of reports will you provide?
Cash flow statement, balance sheet, rent roll, income statement, YTD.
Q: How do you screen applicants?
Through a credit check, employment and income verification, eviction search and a former/current landlord reference.
Q: Can I approve applicants?
Yes.
Q: Do I get to see the lease before I sign it?
Yes.
Q: What type of properties do you manage?
Single units all the way up to 100+ unit properties and condominium associations.
Q: How soon can you start managing my property?
Typically, with one-week lead time.
Q: Do you sell real estate too?
We can help with that too!
Chicago Area Information
Welcome to Chicago, the third largest city in the United States, with a population of nearly three million people.
Chicago is home to…
- 237 square miles of land
- An estimated 2,695,598 residents
- Dozens of cultural institutions, historical sites and museums
- More than 200 theaters
- Nearly 200 art galleries
- More than 7,300 restaurants
- 77 community areas containing more than 100 neighborhoods
- 26 miles of lakefront
- 15 miles of bathing beaches
- 36 annual parades
- 19 miles of lakefront bicycle paths
- 552 parks
- Former United States President Barack Obama
MORE +
Did you know…
- Nearly 40 million people visit Chicago annually.
- Chicago’s nicknames include: The Windy City, the City of Big Shoulders, the Second City, and The City That Works.
- The “Historic Route 66” begins in Chicago at Grant Park on Adams Street in front of the Art Institute of Chicago.
- Chicago is home to eleven Fortune 500 companies, while the rest of the metropolitan area hosts an additional 21 Fortune 500 companies.
- The first Ferris wheel made its debut in Chicago at the 1893 World’s Columbian Exposition. Today, Navy Pier is home to a 15-story Ferris wheel, modeled after the original one.
- Chicago’s downtown area is known as “The Loop.” The nickname refers to the area encircled by the elevated (‘L’) train tracks.
- In 1900, Chicago successfully completed a massive and highly innovative engineering project – reversing the flow of the Chicago River so that it emptied into the Mississippi River instead of Lake Michigan. Each year, the Chicago River is dyed green to celebrate St. Patrick’s Day.
- The Art Institute of Chicago has one of the largest and most extensive collections of Impressionist and Post-Impressionist paintings in the world.
- Chicago was one of the first and largest municipalities to require public art as part of the renovation or construction of municipal buildings, with the passage of the Percentage-for-Arts Ordinance in 1978.
- The Chicago Cultural Center is the first free municipal cultural center in the U.S. and home to the world’s largest stained-glass Tiffany dome.
- When it opened in 1991, the Harold Washington Library Center, with approximately 6.5 million books, was the world’s largest municipal library.
- The Lincoln Park Zoo, one of only three major free zoos in the country, is the country’s oldest public zoo with an estimated annual attendance of three million.
- The Willis Tower (formerly the Sears Tower) is the tallest building in the Western Hemisphere at 110 stories high and its elevators are among the fastest in the world operating as fast as 1,600 feet per minute.
- Four states are visible from the Skydeck Chicago (formerly the Sears Tower Skydeck). Indiana, Illinois, Michigan & Wisconsin.
- The Adler Planetarium became the first planetarium in the Western Hemisphere in 1930.
Information provided by:
Areas We Serve: