Residential Rental Property


Kass Management Services Inc. is committed to providing quality property management services to our clients and residents. As an owner of a rental property, you have certain performance goals. Working with Kass Management Services Inc. will help you achieve them.

Kass Management Services Inc. is a long term partner that will be at your side to handle all aspects of the management of your property. We provide a seasoned professional staff that is equipped to handle all the management of a variety of properties throughout the Chicago Metropolitan Area.

We take pride in the service we provide as well as offering high quality apartments to our residents.

Over the years we have earned a reputation of being an honest and hard working company.

Contact us about Property Management Services.

Residential Rental Management Services:

Property Management
Rent Collection
Monthly Financial Reporting to Building Owners
Processing and Payment of Operating Expenses
Negotiation of Contracts and Contract Renewals with subcontractors and vendors
Negotiation of all lease renewals with tenants
Leasing of Apartments
Comprehensive Financial Management
Preventative Maintenance
Capital Improvement
Program Supervision
Insurance and Real Estate Tax Monitoring
Building Maintenance, Operations and Repairs
All Automated Building Control Systems
Electrical Systems (Including Lighting Control Systems)
Elevators
Heating/HVAC System
Fire/Life Safety Systems
Mechanical Systems and Equipment
Plumbing
Pest Conrol
Exterior Maintenance (e.g. Masonry, Roof and Porches)
Disaster Management
Building Services
Bidding Selection of Suppliers of Services and Materials
Business/Disaster Recovery
Development and Management of Preventive Maintenance Program
Financial Control and Expense Reporting
Janitorial and Cleaning
Management and Supervision of Subcontractors and Subcontracts
Ongoing Risk Assessment and Evaluations
Risk Management
Our Management insurance includes General liability, Fidelity Bond, Errors and Omissions, and Workers Compensation. Additional information will be supplied upon request.
Knowledge and Experience
Kass Management Services Inc. has been in business since 1985
Gary W. Kass (President) has been working in the field of property management since 1980, primarily managing properties on the north side of Chicago. Mr. Kass and our staff of Property Managers have extensive experience and knowledge of all aspects of residential, condominium, and commercial property management. We also have extensive experience in managing the day-to-day operations and contracting for all types of maintenance and repairs. This includes but is not limited to asphalting, painting, roofing, masonry, landscaping, and formulating a cost-effective preventive maintenance program for all physical components of the property.
Rules and Regulations Enforcement
Develop an effective yet enforceable set of rules for all tenants to live by within the building.
Implement a clear and concise procedure to be followed in the event a rule or policy is violated.
After Hours Emergencies and Complaints
Kass Management Services Inc. is open 6 days a week: Monday through Friday from 9:00 A.M. to 5:00 P.M.. Saturday from 10:00 A.M. to 3:00 P.M.
All evenings and weekends are monitored through a 24-hour, 7 day a week call center, and internally the office is equipped with a state of the art voice mail system.
Emergency calls are handled by immediately contacting the appropriate personnel; there are additional backup personnel in the event an individual cannot be contacted.
Frequency of Property Inspections
Inspections by the Property Manager are performed bi-weekly in addition to daily maintenance by janitorial personnel.
In the event contracting work is taking place, frequent inspections will be made in order to assure that contract specifications are being met and site cleanup is done properly.
Communications with Residents
Tenants will be notified of all issues pertaining to work at the building, and the proper office personnel to contact with regard to tenant issues.
Contract Overrides
We will be happy to work extensively or exclusively with current contractors, and if asked, make suggestions or recommendations to existing contractors.
Deliquency Procedures
Late notices are delivered on the 7th of each month for all tenants that still owe rent. A second late letter is delivered on the 15th of each month.
A Landlord's 5-Day Notice is delivered to all tenants that owe rent near the close of any given month.
In addition to the above, our rent collection department uses a proven telephone collection procedure in order to insure that all rent is paid in full. Legal counsel is available in the event that a tenant should choose not to pay rent.
Parking Issues and Enforcement
Management makes the following recommendations:

Visible signage throughout the property designating "Parking" and "No Parking" areas.
Parking policy guidelines distributed to each tenant with a written acknowledgement of receipt for each tenant.
Strict enforcement with no irregularities.
Operating Manual for the Property
Management will develop an operating manual that will contain the following:

All information regarding staffing and personnel.
Required maintenance detailing preventive work and a list of current vendors.
Current set of Rules and Regulations.
Copies of all contracts relating to the property.
All procedures and policies implemented.
Management Fee Structure
All fees are typically based on a percentage of the gross monthly rent and will be provided upon request of a specific proposal. Leasing fees are paid directly to in-house leasing agent. All advertisements for apartments are placed by our leasing department and paid for by the building.