| MLC
PROPERTIES MANAGEMENT
MLC PROPERTIES
and MANAGEMENT promise its property owners to provide high quality
management services thus maximizing the property owners cash
flow. MLC manages all types of real estate.
Being property owners themselves, (see Owners tab),
of several properties throughout the city of Chicago and its suburbs,
MLC understands what it takes to own and manage property. MLCs
philosophy is simple taking care of their tenants (customers).
A happy and
satisfied tenant produces a profitable property. We are very well
known as a hands on company.
What this means
is that our well trained staff is very much involved with the property
and its tenants. We stress communication between tenants and management.
Our office staff manages the leasing, work orders, work schedules,
accounting and over all communication with the tenants.
Our software
program is one of the most advanced on the market today. Our very
talented field staff manages all the physical aspects of the property.
Our field staff
is talented in all trades which keeps the property owners cost down.
Because of our
years of experience we can represent the property owners in dealing
with the city, inspections/inspectors, building court and administration
hearings.
Our knowledge
can suggest to the property owner on what capital improvements should
be made to the property. MLC is an experienced buyer of distressed
property and will work closely as a receiver with financial
institutions to maintain their property and protecting their asset.
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A summary
of our services are as follows, additional information will be supplied
upon request:
Property Management
Multi-family Residential*
Single family Residential
Mixed use
Commercial
Office and administration
Leasing/Marketing
a. Answering all calls and emails about the apartment/space
b. Showing the apartment/space
c. Negotiation the lease term
d. Supplying leases that protect the owner as well as the tenant
Work orders
a. As tenants call in requests for work to be done in their
unit, we recordthe request and issue a work order to the field and
notify the tenant when the workwill be completed.
Accounting
a. Rent collection
1. Depositing
2. Collections
a. Notices
b. Evictions
1. Attorneys
2. Court
b. Monthly financial reporting to owners
1. Rent roll with summary of income
2. P&L
3. Delinquencies
4. Expenses
a. Daily maintenance
b. Renovation/re-model with
receipts
5. Payments-out
Vendors/Trades/Suppliers
a. Negotiate for the best results for the owner
Emergencies
a. 24/7 service
Field Staff
Janitorial and cleaning common areas
a. Hallways
b. Garages
c. Laundry rooms
General Maintenance
a. Repairs
1. Electrical
2. Plumbing
3. Heating
Pest control
Snow removal
Slight landscaping
Preventative maintenance
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