What Is Property Management?

Our full-service Property Management team at Fulton Grace act on behalf of you (the owner) to preserve the value of the property while generating income.

If you have a single rental home or hundreds of investment properties, trust our team of Property Managers to manage your property for you.

An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company.

The Property Management company will then advertise the rental property, handle tenant inquiries, screen applicants, select suitable candidates, draw up a lease agreement, conduct a move in inspection, move the tenant(s) into the property and collect rental income.

The Property Management Company will then coordinate any maintenance issues, supply the owner(s) with financial statements and any relevant information regarding the property, etc.

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Do You Need a Property Manager for Your Rental Property?

Whether you’re thinking about purchasing a new investment or leasing your existing property, consider hiring a property management company.

From navigating tenant problems to ensuring timely repairs, managing property is a lot of work that requires a great deal of attention and experience.

Before beginning your hunt for a property management company, consider the property needs, key duties, and qualities necessary to recruit the ideal tenant for you, your budget, and your future tenants.

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How Much Does a Property Manager Cost in Chicago, Il?

Property Management Services: We charge a low monthly property management fee equal to the percentage of the monthly rental income. The exact percentage varies depending on the type of property that requires services.

Leasing Services: We charge a fee equal to one month’s rent to secure an approved tenant for a one year lease. 

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