Leasing & Tenant Placement
We coordinate property marketing, inquiries, showings, applications, lease preparation and move-in so vacancies can move efficiently from listing to occupied.
FULL-SERVICE PROPERTY MANAGEMENT
Chicago Property Management, Handled From Start to Finish.
Owning rental property shouldn't mean managing every tenant question, maintenance request, payment and lease detail yourself. Teton Properties handles the day-to-day management of your property while keeping you informed and in control.
COMPLETE MANAGEMENT
One Team for the Entire Rental Lifecycle
Property management involves much more than collecting rent. From finding and screening tenants to coordinating repairs, managing renewals and keeping financial records organized, dozens of small responsibilities determine how smoothly a rental property operates.
Teton Properties brings those responsibilities together under one management team so owners don't have to coordinate multiple people, systems and vendors themselves.
Tenant Screening
Applications are reviewed using consistent qualification criteria, including income, credit, rental history and background information, in accordance with applicable housing requirements.
Rent Collection & Reporting
We manage rent collection, tenant balances and property-level financial records while providing owners with clear reporting and visibility into their property's performance.
Maintenance Coordination
Tenant maintenance requests are organized, documented and coordinated with vendors while owners remain informed about significant repairs and property needs.
Property Oversight
We help monitor the condition of the property through inspections, tenant communication and ongoing operational oversight.
Renewals & Retention
As leases approach expiration, we coordinate renewal communication, lease updates and next steps to help reduce unnecessary vacancy and turnover.
HOW IT WORKS
A Clear Property Management Process
- 01
Property Setup
We gather the property, lease, tenant and financial information needed to bring the property into our management system and establish a clear operating baseline.
- 02
Leasing or Tenant Transition
For vacant properties, we prepare the property for leasing and coordinate marketing, inquiries, screening and lease execution. For occupied properties, we organize the existing tenancy and management records.
- 03
Day-to-Day Management
Our team handles rent administration, tenant communication, maintenance coordination and routine property management responsibilities.
- 04
Owner Reporting
Owners receive organized financial reporting and communication about important activity, repairs and decisions affecting the property.
- 05
Ongoing Oversight
We continue managing renewals, property needs, tenant issues and operational details throughout the life of the tenancy.
OWNER EXPERIENCE
Hands-Off Management Without Losing Visibility
The goal of full-service management isn't to disconnect owners from their properties. It's to remove the constant operational workload while making important information easier to understand.
- 01
One Point of Management
Instead of coordinating tenants, vendors, leasing activity and payments separately, the property's operations are managed through one team.
- 02
Clear Communication
Important property activity is communicated to owners without requiring them to be involved in every routine tenant interaction.
- 03
Organized Financial Records
Rent, charges and property transactions remain organized so owners have a clearer picture of what is happening financially.
- 04
Consistent Processes
Leasing, tenant communication, maintenance and renewals follow established management processes instead of being handled reactively.
MAINTENANCE
Maintenance Without the Constant Back-and-Forth
Maintenance can quickly become one of the most time-consuming parts of owning rental property. Tenants need a clear way to report problems, vendors need access and instructions, repairs need documentation, and owners need to know when something significant is happening.
Teton Properties coordinates that process from the initial tenant request through vendor scheduling and follow-up.
Explore Maintenance CoordinationTenant Requests
Maintenance requests are collected and organized so problems can be reviewed and addressed efficiently.
Vendor Coordination
We coordinate scheduling, property access and communication with appropriate vendors.
Owner Visibility
Owners are kept informed about significant repairs, costs and property issues requiring their attention.
LEASING
From Vacancy to Move-In
A successful tenancy starts before a tenant receives the keys. When a property becomes available, we coordinate the leasing process from marketing through move-in.
Screening decisions are made using established qualification standards and applicable fair housing requirements.
Explore Leasing & Tenant Placement- Rental pricing and listing preparation
- Property marketing
- Inquiry management
- Showing coordination
- Rental applications
- Tenant screening
- Lease preparation
- Move-in coordination
FINANCIAL MANAGEMENT
Rent Collection and Reporting, Kept Organized
We handle the recurring financial administration that comes with managing rental property, including rent charges, tenant payments, account balances and owner reporting.
Owners receive organized information about property income and expenses without needing to manually track every tenant transaction.
Rent Administration
Track rent charges, payments and tenant balances.
Owner Reporting
Provide clear property-level financial reporting.
Record Keeping
Maintain organized transaction history for ongoing property management.
WHO WE SERVE
Built for Chicago Rental Property Owners
Teton Properties works with rental property owners who want professional management without building their own management operation.
Individual Landlords
Owners who want to step away from everyday tenant and property management responsibilities.
Real Estate Investors
Investors who want repeatable management processes as their rental portfolio grows.
Multi-Unit Property Owners
Owners who need centralized leasing, tenant communication, maintenance and reporting across multiple units.
Out-of-Area Owners
Owners who need a local Chicago team managing the day-to-day operation of their property.
SIMPLE MANAGEMENT PRICING
Try Teton Properties With Your First 3 Months of Management Free
New management clients receive their first three months of property management with no management fee. After the introductory period, our standard management fee is 5% of gross rent collected.
Other services, including leasing or tenant placement, may have separate fees as outlined in the management agreement.
A CLEAR HANDOFF
Already Working With Another Property Manager?
Changing management companies doesn't need to mean starting from scratch. Teton Properties can help organize the transition of property records, tenant information, leases and ongoing management responsibilities so there is a clear handoff.
Talk to Us About SwitchingFULL-SERVICE FAQ
Questions Chicago Landlords Ask Before Getting Started
Clear answers about the management relationship, transition, reporting and pricing.
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 lease renewals.
Can Teton manage a property that already has tenants?
Yes. Existing leases, tenant information, balances and property records can be reviewed during onboarding so management can transition without requiring the property to be vacant.
What happens when a tenant submits a maintenance request?
The request is reviewed, documented and coordinated with the appropriate vendor or service provider. Owners are kept informed when repairs are significant or require their involvement.
How do owners receive information about their property?
Owners receive property and financial reporting along with communication regarding significant maintenance, leasing and tenancy matters.
Can Teton help if I already have another property manager?
Yes. We can help coordinate the transition of property information, leases, tenant records and ongoing management responsibilities from an existing manager.
How much does property management cost?
Teton Properties currently offers the first three months of management free for new management clients. After that introductory period, the standard management fee is 5% of gross rent collected. Additional services such as leasing may have separate fees as outlined in the management agreement.
READY TO MAKE PROPERTY MANAGEMENT EASIER?
Let's Talk About Your Rental Property.
Tell us about your property and we'll help you understand its rental potential and what full-service management with Teton Properties could look like.