Update Your Docs: July 1, 2026 Illinois Lease Changes Every Chicagoland Landlord Needs

chicago lease apartment clean white walls for move in ready article on lease clauses

Updated April 20, 2026 · Illinois Landlord Attorney Update Your Docs: The July 1, 2026 Illinois Lease Changes Every Chicagoland Landlord Needs HB 3564 (the Illinois Junk Fee Prohibition for Rental Housing) takes effect July 1, 2026. The Safer Homes Act disclosure has been required since January 1, 2026. Illinois Human Rights Act updates are […]

How to Evict Squatters in Chicago | Illinois Law

Updated April 2026 | Illinois Squatter Removal How to Evict Squatters in Illinois: The Real Process, the Real Timeline, and Why Police Won’t Just Remove Them (2026) Illinois does not let property owners remove someone from a home by changing the locks, cutting utilities, or having the police drag them out. If a person has […]

Illinois Real Estate Disclosure: 23 Conditions + Section 22.1 for Condos

2022 Illinois Residential Real Property Disclosure Illinois Disclosure law for for sale by owner disclosures

Updated April 20, 2026 · Illinois Real Estate Attorney Illinois Real Estate Disclosure: The 23 Conditions You Must Disclose (Plus Section 22.1 for Condos) Every Illinois residential seller must deliver a written Residential Real Property Disclosure Report before the buyer is obligated to close. Skip it, lie on it, or miss Section 22.1 on a […]

What Is a Good Cap Rate in Chicago? 2026 Benchmarks by Neighborhood

Updated April 20, 2026 · Chicago Investor Attorney What Is a Good Cap Rate in Chicago? (2026 Benchmarks by Neighborhood and Asset Class) The short answer is 6 to 8 percent for stabilized Class B multifamily in 2026, with meaningful variance by neighborhood and property class. Sub-5 percent cap rates are almost always a trap […]

Illinois Attorney Review: What Happens in Those 5 Business Days

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Updated April 2026 | Illinois Statewide Attorney Review in Illinois: What Actually Happens in Those 5 Business Days Attorney review is the window built into every Illinois Multiboard 7.0 contract that lets your attorney modify, object to, or terminate the deal without penalty. It runs for 5 business days after the contract is fully signed. […]

How to Handle Late Rent Payments

what to do when a tenant makes late payments of rent and zelles it

Rent is due on the first. By the fifth, nothing has hit your account. You have already run the numbers and you know you cannot carry this unit for free. You start thinking about filing for eviction. Maybe you already paid a process server. Then your phone buzzes: the tenant just Zelled you $500. Not […]

The Carrington Short Sale Guide

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Selling your home in a short sale helps you move on without big debts. Let’s look into how to start fresh with Carrington Mortgage.

The Truist Short Sale Guide

Truist Bank Headquarters

Are you struggling to keep up with your mortgage payments on your Illinois home? If so, you’re not alone. Financial setbacks can happen to anyone, and getting through those challenges can be overwhelming. If your lender is Truist Bank, and you are trying to figure out a way out of debt, this is the right article for learning how to do short sales.