Chicago Property Management

The RedStar Blog

Listing a Building for Sale in Chicago

May 16, 2019 - by Erik Carrier

Listing a building for sale in Chicago can be very challenging. Are you planning on selling your property? If so, now is the perfect time to prepare it for a successful sale.

The following are a few ideas on some quick fixes that you, or a property management company like Red Star Property Management in Chicago, can do to increase the value of the building and ensure that it does not sit on the market for an extended period of time.

General Building Repairs: There's nothing that speaks more loudly to a prospective buyer of a Chicago building than things that are broken or in general disrepair. It's critical that property owners fix the building’s leaking faucets, showers, and toilets, repair broken or cracked windows and screens, and replace lightbulbs, worn or torn carpets or anything that makes the property look like anything less than the perfect property for a potential buyer.

Deep Property Cleaning: First impressions matter so a round of deep cleaning, particularly in public areas, is really important. From carpet cleaning to general decluttering of storage spaces, cleaning and organizing shows that the building has been cared for and won’t require immediate investment to get the property in shape for new tenants.

Property Curb Appeal: Properties that are poorly maintained on their exterior sit on the market for far longer than buildings that invest even small amounts in their curb appeal. There are many ways to improve the look of your property - from general landscaping like trimming trees and shrubs, and cleaning concrete areas like walkways.

It does not take a great deal of effort to make your building ready for sale. Contract a property management company like RedStar to make sure that your Chicago building is ready for sale when buyers come along.

Learn more about RedStar’s Chicago property management services and schedule a consultation today