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MLC Properties

Management/Leasing Office
1642 W. Lunt
Chicago,IL. 60626
773.262.7555
773.262.7444 Fax

 

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MLC PROPERTIES MANAGEMENT

MLC PROPERTIES and MANAGEMENT promise its property owners to provide high quality management services thus maximizing the property owner’s 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. MLC’s 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.

 

 

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


office@mlcproperties.com

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