Chicago Residential Lease Agreement 2023

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Jonathan KlemmBusiness Member
Moderator
Contractor 路 Chicago, IL 路 Member since 2016 路 4k+ posts 路 2k+ votes
3y

Hey @Corby Goade - Just for your own reference since I know you aren't local.  CAR Chicago Association of Realtors develops a standard lease with local attorneys & industry-leading realtors each year.  It also abides by the residential landlord-tenant ordinance, which if you use other leases is where a lot of things can be missed.

So while I don't recommend using it without understanding it, it has been pre-vetted by attorneys so is actually a pretty good lease to use for anyone new or old (but specific to Chicago)

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  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker 路 Cody, WY 路 Member since 2010 路 28k+ posts 路 41k+ votes
    3y
    Quote from @Regina Bailey:

    Are you looking for the "lease agreement" or the "application"? Two different things unless Chicago has something special.

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    0Reply
  • Jarret Jarvis
    Real Estate Agent 路 Chicago 路 Member since 2021 路 168 posts 路 62 votes
    3y

    Hi Regina

    The lease application is the same as that of 2020. If you need the 2023 Chicago Residential Lease Template, please feel free to shoot me your email in a DM and I'll send you a PDF copy. Likewise for the application. 

    1Reply
  • Regina Bailey
    OP
    Member since 2018 路 13 posts 路 8 votes
    3y

    Hi Nathan,

    Sorry, I should have clarified.  I'm the Landlord and I'm looking for the Chicago Residential Lease Agreement for 2023.


    Thanks,

    Regina

    1Reply
  • Regina Bailey
    OP
    Member since 2018 路 13 posts 路 8 votes
    3y

    @Jarret Jarvis

    Hi Jarret,

    Thanks for your response.  I will send you an email shortly.

    -Regina

    0Reply
  • Isaac Martinez
    Member since 2023 路 2 posts 路 6 votes
    3y

    Hi @Jarret Jarvis, any chance you can also send me a copy of 2023 Residential Lease Agreement? Thanks 

    4Reply
  • Jonathan KlemmBusiness Member
    Moderator
    Contractor 路 Chicago, IL 路 Member since 2016 路 4k+ posts 路 2k+ votes
    3y

    Hey @Regina Bailey - If for some reason you didn't get the Chicago lease from others above feel free to reach out to me and I can provide it.

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  • Isaac Martinez
    Member since 2023 路 2 posts 路 6 votes
    3y

    @Jonathan Klemm any chance you can you can provide me with a copy of the 2023 Chicago residential lease agreement? Thanks 

    2Reply
  • Raymond Eng
    Member since 2021 路 1 post 路 2 votes
    3y

    @Jonathan Klemm If you can send me a copy of the 2023 Lease Agreement, that'd be greatly appreciated.  Thanks!

    2Reply
  • Terran Wilson
    Member since 2022 路 3 posts 路 4 votes
    3y

    @Jarret Jarvis @Jonathan Klemm would you mind sending to me too??

    2Reply
  • Jonathan KlemmBusiness Member
    Moderator
    Contractor 路 Chicago, IL 路 Member since 2016 路 4k+ posts 路 2k+ votes
    3y

    Hey @Isaac Martinez & @Raymond Eng - Feel free to shoot me an email under my BP signature and I can definitely send you the Chicago association of Realtors 2023 lease.

    [email protected]
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    0Reply
  • Maria Zavala
    Member since 2021 路 1 post 路 1 vote
    3y

    @Jonathan Klemm Can you send me a copy of the 2023 Chicago lease too.

    1Reply
  • Jonathan KlemmBusiness Member
    Moderator
    Contractor 路 Chicago, IL 路 Member since 2016 路 4k+ posts 路 2k+ votes
    3y

    Hey @Maria Zavala - Of course, no problem.  Just shoot me an email and I can send over the 2023 Chicago lease too.

    [email protected]
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  • Michael Humienik
    Member since 2018 路 1 post 路 0 votes
    3y

    Hey @Jonathan Klemm - Could you send me a copy of the 2023 Lease Agreement as well. Thank you in advance.

    0Reply
  • Sarah Hambrook
    Homeowner 路 Chicago, IL 路 Member since 2022 路 1 post 路 1 vote
    3y

    Hi Everyone-

    I would appreciate it if someone would share the 2023 Chicago Residential Lease Agreement with me, also.

    Thanks very much,

    Sarah

    1Reply
  • Corby GoadeBusiness Member
    Investor 路 Boise, ID 路 Member since 2014 路 3k+ posts 路 3k+ votes
    3y

    This is a pretty standard rookie mistake- don't just grab lease from one of us yahoos and hope it's okay. Sit down with your attorney and pay for their lease. It will probably cost you a few hundred dollars, but a free lease from google will very likely cost you much, much more. 

    Best of luck. 

    0Reply
  • Jonathan KlemmBusiness Member
    Moderator
    Contractor 路 Chicago, IL 路 Member since 2016 路 4k+ posts 路 2k+ votes
    3y

    Hey @Corby Goade - Just for your own reference since I know you aren't local.  CAR Chicago Association of Realtors develops a standard lease with local attorneys & industry-leading realtors each year.  It also abides by the residential landlord-tenant ordinance, which if you use other leases is where a lot of things can be missed.

    So while I don't recommend using it without understanding it, it has been pre-vetted by attorneys so is actually a pretty good lease to use for anyone new or old (but specific to Chicago)

    [email protected]
    Quality Builders4.966 Reviews
    WebsiteView Page
    6Reply
  • Brie SchmidtBusiness Member
    Moderator
    Real Estate Broker 路 Chicago, IL 路 Member since 2013 路 6k+ posts 路 5k+ votes
    3y
    Quote from @Corby Goade:

    This is a pretty standard rookie mistake- don't just grab lease from one of us yahoos and hope it's okay. Sit down with your attorney and pay for their lease. It will probably cost you a few hundred dollars, but a free lease from google will very likely cost you much, much more. 

    Best of luck. 


     We have a specific lease used in the city of Chicago that changes every year to maintain compliance with our ordinance and local laws.  So everyone is asking for the new 2023 version because the 2022 version is no longer compliant 

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  • Corby GoadeBusiness Member
    Investor 路 Boise, ID 路 Member since 2014 路 3k+ posts 路 3k+ votes
    3y
    Quote from @Brie Schmidt:
    Quote from @Corby Goade:

    This is a pretty standard rookie mistake- don't just grab lease from one of us yahoos and hope it's okay. Sit down with your attorney and pay for their lease. It will probably cost you a few hundred dollars, but a free lease from google will very likely cost you much, much more. 

    Best of luck. 


     We have a specific lease used in the city of Chicago that changes every year to maintain compliance with our ordinance and local laws.  So everyone is asking for the new 2023 version because the 2022 version is no longer compliant Very

    That's actually very cool, did not know that (obviously). In my state, property management is completely unregulated- generally, that's a good thing for business, but man, you should see some of the leases we inherit. It's unreal that people trust their life savings to something that they either just made up or found on some random forum. It's the wild west here. 
    1Reply
  • Brie SchmidtBusiness Member
    Moderator
    Real Estate Broker 路 Chicago, IL 路 Member since 2013 路 6k+ posts 路 5k+ votes
    3y
    Quote from @Corby Goade:
    Quote from @Brie Schmidt:
    Quote from @Corby Goade:

    This is a pretty standard rookie mistake- don't just grab lease from one of us yahoos and hope it's okay. Sit down with your attorney and pay for their lease. It will probably cost you a few hundred dollars, but a free lease from google will very likely cost you much, much more. 

    Best of luck. 


     We have a specific lease used in the city of Chicago that changes every year to maintain compliance with our ordinance and local laws.  So everyone is asking for the new 2023 version because the 2022 version is no longer compliant Very

    That's actually very cool, did not know that (obviously). In my state, property management is completely unregulated- generally, that's a good thing for business, but man, you should see some of the leases we inherit. It's unreal that people trust their life savings to something that they either just made up or found on some random forum. It's the wild west here. 

     We have one of the strictest ordinances in the country. So our realtor association and their team of lawyers puts together a compliant lease that pretty much everyone uses.

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    Second City Real Estate4.821 Reviews
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    1Reply
  • Austin Pearson
    Property Manager 路 Chicago 路 Member since 2022 路 8 posts 路 2 votes
    3y

    While the standard Chiacago Association of Realtor's City of Chicago 2023 lease is updated and compliant with new 2023 security deposit rates and local ordinance, we always recommend implimenting an additional "overlay" or addendum that helps protect the landlord against many things that the standard lease cannot standardize that many landlords would like to, like no smoking. I believe that the current 2023 standard city of chicago lease from CAR allows the tenants to smoke inside the unit.

    1Reply
  • Eudith VacioPro Member
    Real Estate Agent 路 Chicago & NWI 路 Member since 2015 路 860 posts 路 521 votes
    3y

    @Austin Pearson - do you use any additional addendums for your rentals? Just curious 馃 

    0Reply
  • Austin Pearson
    Property Manager 路 Chicago 路 Member since 2022 路 8 posts 路 2 votes
    3y
    Quote from @Eudith Vacio:

    @Austin Pearson - do you use any additional addendums for your rentals? Just curious 馃 


     Hi Eudith - Yes we do, I would be happy to share and help. There are a few things that might need to be changed that I can recommend depending on your processes, systems and the proprty itself. Shoot me a DM or email me with your details. 

    0Reply
  • Leona Liu
    Member since 2022 路 1 post 路 2 votes
    3y

    Can someone please help share a pdf of the doc in this chat? Thank you!

    2Reply
  • Sabrina Patterson
    New to Real Estate 路 Chicago, IL 路 Member since 2023 路 4 posts 路 4 votes
    3y

    Hi all - 

    I am also seeking the 2023 Chicago Association of Realtors Lease Agreement if someone would not minding sharing.

    Thank you advance!

    2Reply
  • Marek Kowalewski
    Member since 2021 路 8 posts 路 4 votes
    3y

    Is this available anywhere to download or can someone send it to me as well??

    0Reply
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