Who are we and what we do? Chicago Mutual Real Estate Group, Inc. an established real estate investment company that specializes in real estate development and property management and now, CORPORATE LEASING in the greater Chicago land area. Utilizing the management and maintenance division established for their portfolio holdings, they have now joint ventured with several placement companies promoting short term rentals for needs that range from business travel, insurance issues, natural disasters and family travel. By doing so, they offer landlords a unique opportunity to have a locked in fixed rate lease that is paid electronically and promptly every month while at the same time receiving professional oversight of the property to make sure everything is always in perfect order. Additionally, they will cover the first $300.00 ever month (up to $3,600.00 per year) for routine property maintenance. Because the Leesee has a vested interest in having the property in better condition than found day one of lease, the Lessor receives a significant benefit unique to Corporate Rentals; professionally maintained quarters. Of course, you are always encouraged, in fact requested, to do regular monthly inspections. There can be no better feedback of the quality presented than by the property owner themselves. In addition to all these benefits, Lessee’s number one source of occupants offers a Host Protection insurance policy that protects the Lessor against third party claims of property damage or bodily injury up to $1 million dollars. See the edited outline below: If this program and the attached lease is agreeable, the Lessee will wire you the first month rent and security deposit within 3 days then begin to manage and care for your home as if it were their own. After all, your rental is their bread and butter that will create a common bond in making this lease a smooth, effortless collaboration in providing monthly cash flow.
Why is Chicago Mutual interested in renting my property? What do you do? We sign long-term leases with options to purchase on properties in order to manage them as short-term corporate rentals for guests. Security and safety matters to us, so to protect the space we thoroughly screen guests.On the landlord’s side, we are just like any other lessor, but better. Since our revenue is directly correlated with how well the property is maintained, we care much more about the property, and the landlord’s risk is much smaller. As an established business, we will always pay rent on time. Our team of professionals inspect and clean our properties on a regular basis. In addition, we insure all our properties for damage and liability.
Why should I let you rent my place instead of a traditional renter? Our guests expect a clean and functional space. We take better care of your unit than a traditional renter ever would. We inspect and clean your property between every guest stay and tackle any issues immediately. Our dedicated team ensures your property is kept in the best possible condition to minimize wear and tear so that we can continuously host guests without needing to block dates for unplanned maintenance or repairs. How does it work? We will confirm that your property is eligible for a Short-Term Rental Permit (STRP), if applicable. We sign the lease just like any other renter, with an addendum stating that you, as the owner (and your management company / HOA, if applicable), approve of our short-term rental activity in your property. We will serve as the lessee, and all your interactions will be done directly with us. You will not have any interaction with our guests, nor will you need to solve any issues for them. That’s what we are here for. What happens if a guest damages my property? Although damages are very rare, accidents do happen occasionally and just like with a traditional tenant, we would cover the cost to repair any damage. As required by the city, we carry insurance to cover any incidents or damage. Do you screen potential guests? We vet guests thoroughly, requiring government ID verification and positive reviews from other hosts. Our Guest Services team ensures the trust and safety that our guests and landlords require. What if you can’t find short-term renters? Do I still get paid? Yes. By signing a corporate lease, we are legally obligated to pay rent monthly whether or not we make money. You get to participate in the sharing economy without taking on any risk! What happens if my property needs unexpected maintenance? If maintenance is required, in most cases we will be able to handle the routine maintenance under $300 per month. Any maintenance or related house visits provided by us will be charged separately with your prior approval. I have more properties available. Will Chicago Mutual Real Estate Group Inc be interested? That’s very possible. We’re looking for apartments and homes that are eligible for a Short-Term Rental Permit (STRP) and do not have any bylaws or rules specifically limiting short term rentals. We’re looking for as many units as we can find that meet our criteria, mainly single family homes, 2 units, 3 units, 4 units, within 30 minutes from downtown Chicago. We would consider furnished and unfurnished properties alike. Are there any other benefits? As one of our landlord, you’ll be able to take advantage of a 15% discount to stay at any of our properties in the Chicago area, and a 20% discount on your own properties for your friends and family when booked directly with us. How do I get paid? We will automatically pay you everything the monthly rental amount we agreed to. Whether the property is vacant or occupied.
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