Chicago Property Management Blog

Property taxes: nobody likes thinking about them.Unlike other investments, you likely do not know exactly where your money is going when you pay property taxes in Illinois. While they can be frustrating, property taxes are used to fund most services that local governments provide. That includes schools, libraries, and municipal services.If you are looking for a primer on how property taxes work as a business owner or real estate investo...

How much of your money do you think you’re getting back from your real estate investment? You may say, I put in $100,000, so I'm making $100,000, right? Not necessarily. Your ROI, or return on investment, could be much different than that if your cash flow isn't optimized. That's where an ROI calculator comes in handy. Get Started Using Our ROI Calculator Today The concept behind ROI calculators for real estate is...

As co-host of Straight Up Chicago Investor Podcast we are welcomed with open arms to visit local real estate networking events and share what we know and what we have learned from our 100s of guests on the podcast.  This past month we were fortunate enough to present at John Warren’s Chicago West Suburban Real Estate Investors group.  The group typically meets in person at a Forest Park or Berwyn location but this meet u...

Experiences Three-Year Growth of [63.2%]Roselle, Illinois, 03/25/22 – Today Inc. magazine listed GC Realty & Development, LLC, a full-service Chicago Property Management and Brokerage firm, as No. 139 on its annual Inc. Regionals Midwest 2022 list. “We’re pleased to be named to the Inc 2022 Midwest Regional’s List.” said Bryan Sonn, partner of GC Realty & Development, LLC . “Our continued...

Are you looking to get a better understanding of how property taxes work in Illinois? Check out our guide that explains how Illinois property taxes work, what the different tax rates are across the state, and how to contest your property taxes if you feel like you’re being overcharged. Property tax rates differ by county & township, so make sure you understand how they work!About Property TaxesProperty taxes are levied by stat...

Real estate is wildly popular as an investment choice in the United States. About 35% of Americans say it’s their preferred long-term investment. That’s because of the sector’s stability over the years.One of the best things about real estate investing is that you can choose from different investment types. A considerable percentage of investors opt to invest in rental property, and you should, too. In this blog, ...

The last few years have been anything but normal. The recent volatility of mortgage interest rates has understandably made many buyers skittish. But with careful planning and the right team of experts, you can still get reasonable rates even with wild markets. To do that, we’ll share a few things you must know about mortgages and interest rates in 2022. Buying during Interest Rate VolatilityA lot of buyers have gotten sticker...

Whether you own just one rental property in Chicago or several, our team can help you keep them all running smoothly and provide quality services to your tenants so that they stay happy and continue paying their rent on time. By working with GC Realty & Development, you can focus on what matters to you the most, whether it’s your career, your family or your social life because we’ll take care of the rest!Full-Service Pro...

Chicago, Illinois is the 55th largest city in the world and the 3rd largest city in the United States. With well over 2 million people living there, real estate has become quite a large industry.It's also a very diverse industry with a lot of different areas and building types to invest in. Knowing how to invest can be the difference between a thriving business and bankruptcy.This raises a very big question--How do you successfully ...

Real estate investment opportunities can be tough to find in Chicago, especially when you’re first starting out in the business. However, if you know what to look for and how to find it, you can have an easier time finding some good opportunities that can make you money with little risk involved. Here are some tips on how to find investment opportunities in Chicago.Finding Single Family HomesLook for single-family homes for sale. ...