Category Archives: Rent

Look out landlords, rent control may be coming

Rent control bill introduced Chicago-based state legislator Will Guzzardi (39th District – D) has introduced House Bill 2430 which seeks to repeal the Illinois Rent Control Preemption Act.  That law, discussed in a previous blog entry, was passed in 1997 … Continue reading

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Landlord’s need to pay careful attention to City budget negotiations

Rahm’s budget will impact landlords As we get moving on the new rental season (lots of Chicago landlords like to rent from October to September), Chicago area landlords need to keep their ear to the ground regarding the recent developments … Continue reading

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Acceptance of rent after expiration of 5 day notice

I recently received a question from a reader of this blog about the acceptance of rent after the expiration of a five day notice outside of Chicago.  The question was as follows: I accepted full payment after the five days. … Continue reading

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