New Residential Lease Concepts?
As 2020 begins, Illinois landlords are finding a business landscape that is not hospitable. There are new regulations (Just Housing Amendment) and threats of new regulations (just cause for eviction and rent control). They are facing a looming triennial reasessment by Cook County Assessor Fritz Kaegi who is clearly targeting multi-unit residential properties. They face higher taxes, higher fees, and higher utility charges. What’s to be done?