New qualifying full-service clients: first 3 months free, then a 5% management fee.

See pricing details

FOR PROPERTY OWNERS

Property Management for Chicago Rental Owners.

Owning rental property shouldn't mean personally managing every tenant question, repair, payment and lease deadline. Teton Properties handles the day-to-day operation of your rental while keeping you informed about the decisions and activity that matter.

  • First 3 Months of Management Free
  • 5% Management Fee After
  • Local Chicago Property Management

FULL-SERVICE PROPERTY MANAGEMENT

The Day-to-Day Responsibilities, Managed Through One Team

Rental property management involves a series of connected responsibilities. Teton Properties coordinates those responsibilities through one operating process rather than leaving the owner to manage separate tenants, vendors, payments and lease deadlines.

01

Leasing & Tenant Placement

Coordinate rental preparation, marketing, inquiries, showings, applications, screening, lease preparation and move-in.

02

Tenant Communication

Handle routine tenant questions, tenancy matters and property-related communication.

03

Rent Administration

Manage recurring rent charges, tenant payments and account balances.

04

Maintenance Coordination

Coordinate maintenance requests, vendors, scheduling, property access and repair follow-up.

05

Property Oversight

Keep relevant property activity, inspections and recurring management needs organized.

06

Renewals & Turnovers

Coordinate lease renewal activity or prepare the property for the next leasing cycle when a tenancy ends.

Explore Full-Service Property Management

HOW IT WORKS

A Clear Process From Onboarding to Ongoing Management

  1. 01

    Tell Us About Your Property

    We start by understanding the property, current tenancy, lease information, management needs and any existing operational details.

  2. 02

    Property Onboarding

    Relevant property, tenant, lease and financial information is organized so the property can transition into Teton's management process.

  3. 03

    Day-to-Day Management

    Our team handles recurring tenant communication, rent administration, maintenance coordination, leasing activity and other management responsibilities.

  4. 04

    Owner Communication & Reporting

    Owners receive relevant property and financial information while routine operational activity remains with the management team.

  5. 05

    Ongoing Oversight

    Teton continues managing renewals, turnovers, maintenance, tenancy matters and property needs throughout the management relationship.

YOUR ROLE AS THE OWNER

Hands-Off Day-to-Day Management Without Giving Up Control

Professional property management does not mean the owner stops making important property decisions.

The goal is to remove repetitive operational work while keeping ownership informed and involved where approval or direction is actually needed.

01

Routine Operations

Teton handles recurring tenant communication, rent administration and property-management workflow.

02

Significant Repairs

Owners remain informed about meaningful repairs and matters requiring their involvement or authorization.

03

Leasing & Tenancy

Teton coordinates the process while keeping important tenancy information organized.

04

Property Decisions

Ownership decisions remain with the property owner.

CURRENTLY SELF-MANAGING?

When Managing the Property Starts Becoming Another Job

Self-management can work for some owners, especially when the property is straightforward and little is happening.

The workload often becomes more noticeable when maintenance, tenant communication, lease deadlines and vacancy begin overlapping.

Self-Managing

  • Respond directly to tenant communication
  • Coordinate vendors and repairs
  • Track rent and tenant balances
  • Manage lease dates and renewals
  • Handle vacancy and leasing activity
  • Maintain property records
  • Coordinate move-ins and move-outs

With Teton

  • Tenant communication moves through the management team
  • Maintenance is coordinated through an established process
  • Rent administration stays organized
  • Lease activity is tracked
  • Leasing and tenant placement can be coordinated
  • Relevant property activity is documented
  • Owners remain informed without managing every task

WHEN YOUR PROPERTY NEEDS A TENANT

From Vacancy to Move-In

When a rental becomes available, there are several steps between vacancy and a new tenancy.

Teton Properties coordinates the leasing process so owners do not need to personally manage every inquiry, showing and application.

Explore Leasing & Tenant Placement
  1. 01Rental Preparation
  2. 02Marketing
  3. 03Inquiries & Showings
  4. 04Applications & Screening
  5. 05Lease Preparation
  6. 06Move-In

MAINTENANCE

You Don't Need to Coordinate Every Repair Yourself

A maintenance request often involves more than contacting a contractor.

The issue needs to be documented, the appropriate vendor may need to be contacted, property access needs coordination and the owner may need visibility into the work.

Teton Properties coordinates those moving parts through a structured maintenance process.

01

Tenant Requests

Maintenance issues are documented and reviewed.

02

Vendor Coordination

Scheduling and property access are coordinated with appropriate service providers.

03

Owner Communication

Owners remain informed about significant repairs and matters requiring their involvement.

See How Maintenance Coordination Works

ALREADY HAVE A PROPERTY MANAGER?

Changing Management Doesn't Have to Mean Starting From Scratch.

If your property is already professionally managed, Teton Properties can help organize the transition of relevant property information, leases, tenant records and ongoing management responsibilities.

The goal is to create a clear handoff so the property can move into the new management process with the necessary information in place.

Talk to Us About Switching
  1. 01Review Existing Management
  2. 02Collect Property Records
  3. 03Organize Lease & Tenant Information
  4. 04Transition Ongoing Responsibilities
  5. 05Begin Teton Management

ALREADY HAVE TENANTS?

Your Property Doesn't Need to Be Vacant to Start Management.

Teton Properties can take on an occupied rental property.

Existing lease information, tenant records, balances and relevant property details can be reviewed during onboarding so the management process can transition around the current tenancy.

01

Existing Lease Review

Organize available lease and tenancy information.

02

Tenant Transition

Provide tenants with relevant management communication and next steps.

03

Ongoing Management

Move rent administration, maintenance and day-to-day tenant matters into the new management process.

DON'T LIVE NEAR YOUR RENTAL?

Local Management When You Can't Be at the Property.

Owning a Chicago rental from another neighborhood, state or country can make routine property management difficult.

Tenant communication, maintenance access, vendor scheduling and leasing may all require someone local.

Teton Properties provides local coordination while keeping ownership informed.

01

Local Tenant Coordination

Routine tenant matters can be handled through the management team.

02

Property & Vendor Access

Relevant maintenance and access can be coordinated locally.

03

Owner Visibility

Important property activity remains visible without requiring the owner to personally attend routine issues.

GROWING YOUR RENTAL HOLDINGS?

One Management Relationship Across Multiple Properties

Owners with several rental properties should not need separate operating systems for each one.

A consistent management process can make leasing, tenants, maintenance and reporting easier to coordinate as the number of properties grows.

01

Consistent Processes

Use repeatable management workflows across properties where appropriate.

02

Centralized Coordination

Reduce the need to manage separate tenant and vendor relationships personally.

03

Clearer Visibility

Keep relevant property activity more organized across multiple rentals.

LOCAL MANAGEMENT

Property Management Across Chicago and Evanston

Teton Properties serves rental property owners across multiple Chicago neighborhoods as well as Evanston.

Whether you own one rental property or several, our team can evaluate the property and management needs based on its location and type.

SIMPLE MANAGEMENT PRICING

Your First 3 Months of Management Are Free

New management clients receive their first three months of property management with no management fee. After the introductory period, Teton Properties' standard management fee is 5% of gross rent collected.

Additional services, including leasing or tenant placement, may have separate fees as outlined in the management agreement.

CURRENT TETON CLIENT?

Access Your Owner Portal

Existing Teton Properties clients can use the Owner Portal to access available property and account information.

Go to Owner Portal

OWNER FAQ

Questions Chicago Rental Property Owners Ask

Clear answers about services, occupied properties, leasing, maintenance, transitions, pricing and getting started.

What does full-service property management include?

Full-service management covers the recurring responsibilities involved in operating a rental property, including leasing support, tenant communication, rent administration, maintenance coordination, property oversight, reporting and renewals.

Can Teton manage just one rental property?

Yes. Teton works with owners of individual rental properties as well as owners of multi-unit properties and multiple rentals.

Can Teton manage a property that already has tenants?

Yes. Existing leases, tenant information, balances and relevant property records can be reviewed during onboarding so the property can transition into management.

Can I use Teton only to find a tenant?

Yes. Leasing and tenant placement services can be used by owners who want assistance finding and placing a tenant without necessarily using ongoing full-service management afterward.

How does maintenance work?

Tenant maintenance requests are documented and reviewed, and appropriate vendors or service providers can be coordinated when needed. Owners are kept informed about significant repairs and matters requiring their involvement.

Can Teton take over from another property manager?

Yes. Teton can help coordinate the transition of relevant property information, leases, tenant records and ongoing management responsibilities from an existing manager.

Can Teton manage my Chicago property if I live somewhere else?

Yes. Teton can provide local property management and coordination for owners who live outside the immediate area.

What types of properties does Teton manage?

Teton works with single-family rentals, condo rentals, apartment buildings and multifamily properties depending on the property's management needs.

How much does property management cost?

Teton Properties currently offers new management clients their first three months of management free. After the introductory period, the standard management fee is 5% of gross rent collected. Additional services may have separate fees as outlined in the management agreement.

How do I get started?

You can begin by requesting a free rental analysis or contacting the Teton Properties team to discuss your property and management needs.

READY TO SPEND LESS TIME MANAGING YOUR RENTAL?

Let's Talk About Your Property.

Tell us about your rental and we'll help you understand its rental potential, management needs and what working with Teton Properties could look like.

Call Teton Free Analysis