Looking for a way to generate passive income?
Chicago Turnkey Rentals, LLC IS YOUR Turnkey Specialist for Investment Property In Illinois!
Chicago Turnkey Rentals, LLC has made the process of investing in residential real estate extremely simple! We maintain a level of transparency that other investment companies do not. We will work with you every step of the way to ensure you find an investment property in Chicago and Surrounding Suburbs with high ROI.
Why Choose Chicago Turnkey
We Buy, Renovate, Rent and Manage the Property
See Our Inventory of Investment Properties in Chicago and Surrounding Suburbs
The Chicagoland area continues to experience exceptional appreciation in rental prices. Chicago has an ample supply of single family homes and multifamily units that include both high rents and low acquisition prices. The rent in relation to the purchase price of the home is quite high in comparison to other parts of the country.
We Do All The Work For You!
With our turn-key investment program, we will identify the right property for you based on the return on investment. We select properties based on your investment requirements and availability. Essentially, we buy in a box, and sell in a box; we purchase, renovate, and lease properties with very little variance.
Rental properties are in high demand. In some places, the housing market is having difficulty keeping up! This means it is a great time for investors to purchase cash flowing, rental investment properties in Chicago and Surrounding Suburbs!
Standards For Every Renovation:
Exterior: Tuckpointing; Porch repairs; Roof/Chimney repairs with silver coat; Garage repairs; Concrete sidewalk repairs; Window repair and/or replacement
Mechanicals: All new plumbing with new water heaters; Boiler heating system replaced with forced-air furnaces/ductwork; Electric services upgraded to 100amp, typically new panels and meter bank; Rod out sewer lines and repair any damaged pipes; Install laundry services in the basement.
Interior: Gut rehabbed kitchen with new 36” kitchen cabinets, new countertops, new sink, new faucet, GFI’s, and ceramic tile backsplash; Install new black appliance package (stove/refrigerator) in the kitchen; washer, dryer, dishwasher, and garbage disposal are excluded due to maintenance expenses to you as owner and not requested by prospective tenants; Gut rehabbed bathroom with new vanity, sink, faucet, mirror, light fixture, toilet, tub, shower rod, decorative tile surrounds, GFI’s, and shower hardware; Install and/or repair hardwood flooring; Install new ceramic tile in kitchens, bathrooms, and hallways; New interior and exterior doors; New light fixtures; Install and/or repair walls, ceilings, and trim; New outlets, switches, and plate covers
A Little About Chicago Turnkey Rentals, LLC
We’ve invested the time and effort to understand how to navigate government processes at the Federal and community level that others don’t.
Our superior first-class Property Management services provide peace of mind for our investors as Real Estate is highly local and can not be coordinated from some far-away platform.
We are happy to work with you whether you use one of our preferred lenders, a bank of your choosing, or if you want to finance through your retirement account! We make it easy for you to buy income-producing real estate in the Chicago and Surrounding Suburbs area!
→ See our current list of turnkey property deals in Chicago and Surrounding Suburbs, Illinois!
We Can Help Everyone
Whether you are an investor looking to grow your portfolio or someone looking for a great home of their own, our team finds the best properties and restores them to the highest standards.
Even If You Don’t Qualify Today… We Can Help
We work with the best credit counselors, attorneys, and lenders in the market place that can help repair blemishes that restrict ownership of our investment properties. Our team of professionals will clearly lay out a plan to put you on the fast track to owning investment properties.
Let Us Manage The Property For You
We currently work with one property management company that works diligently each and every day to make sure the maintenance and repair needs are met for our tenants. Our property management company is staffed with experienced property managers on call 24-7 dedicated to Chicago Turnkey Rental buyers and tenants.
We use a number of different resources to attract tenants. Online marketing sources include Trulia, Craigslist, Backpage, Google, and our own websites. We also welcome referrals from existing tenants, host local block events and partner with the Chicago Housing Authority for Section 8 tenants. Lastly, we work with over 5 different leasing agencies that specialize in sourcing Chicago tenants. By utilizing all of our available resources we are able to ensure a steady stream of prospective tenants.