About MLC Third Party Management
MLC Properties and Managment promises its property owners to provide high quality management services while maximizing the property owner’s cash flow. MLC manages all types of real estate. Being property owners ourselves, throughout the city of Chicago and its suburbs, MLC understands what it takes to own and manage property. MLC’s philosophy is simple "manage the property like you own it, and take care of the property like you live in it."
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.
With our experience, we can help to suggest to the property owner on what improvements/repairs should be made to the property. MLC is an experienced buyer of distressed property and has experience working as a “receiver” for financial institutions to maintain their property and protecting their asset.
01
OFFICE & ADMINISTRATION
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Leasing/Marketing
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Answering all calls and emails about the apartment/space
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Showing the apartment/space
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Negotiation the lease term
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Supplying leases that protect the owner as well as the tenant
02
WORK ORDERS
As tenants call in requests for work to be done in their unit, we record the request and issue a work order to the field and notify the tenant when the work will be completed.
03
ACCOUNTING
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Rent Collection
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Depositing
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Collections
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Notices
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Evictions
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Attorneys
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Court
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04
MONTHLY FINANCIAL REPORTING TO OWNERS
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Rent Roll w/ Summary of Income
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P & L
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Delinquencies
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Expenses
05
Maintenance
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Routine Daily Maintenance/Repairs
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Electrical
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Plumbing
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Heating
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Renovation/Re-model
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Receipts
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Payments Out
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06
VENDORS/TRADES/SUPPLIERS
Negotiate for the best results for the owner
07
emergencies
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24/7 service
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Field Staff
08
JANITORIAL
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Cleaning
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Common Areas
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Hallways
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Garages
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Laundry Rooms
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09
also
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Pest Control
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Snow Removal
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Minor Landscaping
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Preventive Maintenance
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We Cater Property Management to Multi-Family Residential, Single-Family Residential, Mixed Use and Commercial.
Following is a summary of our services; additional information will be supplied upon request.