Chicago's Responsive Commercial
Property Manager

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Chicago Commercial Property Management

Let us manage your Chicago Commercial Property

Our goal is to provide first class professional property management to maximize profitability for our clients. GC Realty & Development, LLC’s professional expertise in all aspects of property management includes lease negotiation, tenant relations and retention, practical cost reduction solutions and financial reporting.

Why Choose GC Realty & Development, LLC?

GC Realty & Development, LLC offers clients first class management of their commercial real estate investments. Each commercial management program is critiqued and adjusted to meet the owner’s short or long-term goals. Frequent property inspections, face-to-face meetings with tenants, and comprehensive owner communication coupled with detailed financial reporting and implementation of a systematic preventative maintenance program provide a foundation for management staff to protect and enhance the value of a client’s asset.

  • Market Expertise

    The GC Realty & Development, LLC portfolio consists of a mixture of retail and industrial real estate management. We are a local property management company familiar with local market conditions and trends. We are consistently market leaders in sales and leasing of properties from 500 square feet to 20,000 square feet.
  • Commitment

    GC Realty & Development, LLC is fully committed to servicing your real estate investment. We offer a single point of contact service, however, an entire team of professionals is assigned to your account to prevent a breakdown of service.
  • Cutting Edge Technology

    In today’s world staying ahead of valuable technology and taking advantage of it to improve our service to clients is an important part of our business. GC Realty & Development, LLC utilizes the latest software and hardware to gather information and report on-site in real time.
  • Unparalleled Customer Service

    The goal of GC Realty & Development, LLC’s management team is simple and straightforward: Manage the property as we would if we owned it. Every facet of the property will be managed with great care. We are focused on results, personal service and lasting client relationships and we give our direct attention to the customer experience. Our clients continue to use us not only because of our expertise, timeliness, and follow up, but most importantly our dedication to your success.

Contact us today to see how we can minimize your stress with our professional commercial property management services.

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What we do as your Chicago Commercial Property Manager

Comprehensive Real Estate Management Planning

We analyze the business environment and the specific property within that environment, develop a marketing strategy, and recommend how a client's objectives can best be fulfilled.

Detailed Market Rent Analysis

We provide an analysis of market rents and those of the competition to maximize rent prices.

Lease Administration

We enforce the terms of the lease including rent collection and compliance of the lease terms.

24 Hour On-Call Emergency Service

Day and night owners and tenants can contact us for emergency items through a variety of methods providing peace of mind your investment is being taken care of.

Tenant Relations

We are attentive to tenants' needs and respond to their concerns immediately.

Financial Reporting

Monthly financial reporting will be provided with records regarding rent collection, deposits, and expenses.

Marketing Programs

GC Realty & Development, LLC’s success comes from a combination of refined marketing activities and effective exposure of properties. We attract a wide variety of commercial tenants inquiring about possible locations served by our extensive market presence.

Maintenance Programs

With our own fleet of maintenance vehicles, equipment, and experienced staff, GC Realty & Development, LLC is prepared to be a cost-competitive single resource for all your maintenance needs. Our maintenance department has proven to save owners hundreds of dollars per year since most jobs can be completed in house. In some instances, large scale projects are needed and GC Realty & Development, LLC has to ability to negotiate rates with preferred vendors with the savings passed down to client. We also identify cost savings opportunities such as energy efficiency modifications.

How we determine rental price

There are instances in which tenants still have a desire to move from a space, and this is where GCR&D becomes aggressive in turning over the space as quickly as possible to procure a new tenant. Working closely with each property owner, GCR&D researches the current rental market to determine the highest rental price that the market will bear. Efforts to lease the space to a new tenant begin prior to the current tenant vacating as this drastically reduces vacancy time even when a turnover is included.

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Pricing

GCR&D Management fees may vary and are quoted on a case by case basis but listed below are current rate ranges for commercial management:

  • Commercial: 4-6% of the gross rent based on square feet

GCR&D welcomes the opportunity to speak with you about your Property Management needs. Please feel free to call, text, or email Bryan Sonn for additional information at any time.

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Find out if you are maximizing your investment’s potential.

Why Chicago?

As an investment opportunity, Chicago is the place to be. Why? Well, for starters:

  • Chicago has the 3rd largest economy in the US with a metropolitan gross domestic product of $590 billion.
  • Increased demand for rental units*
  • Steady appreciation means your rate of return grows at a faster pace
  • Tenants can build equity for you
  • Equity can be created with debt reduction and appreciation
Chicago Area Info

Choosing Chicago for Real Estate Investing

Chicago is home to approximately 2.7 million residents and is the third largest city in the United States. A truly unique mix of global attractions and local charm, Chicago has it all. Residents in the area enjoy dozens of cultural institutions, historical sites, museums, more than 200 theaters, nearly 200 art galleries, over 7,300 restaurants, and 26 miles of beautiful lakefront. There are 77 community areas containing more than 100 neighborhoods in Chicago and almost 10 million additional residents living in the surrounding metropolitan area.

Chicago’s economy prospers from a combination of both established and developing industries. Chicago, the only primary market in the Midwest, is one of the largest metro areas in the United States. Currently home to 11 Fortune 500 companies, Chicago hosts an additional 23 Fortune 500 companies. Among the list are technology giant Motorola Mobility, the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems Boeing, and one of the largest agricultural processors and food ingredient providers, Archer Daniels Midland.

According to a recent economic impact study, experts believe Chicago’s commercial real estate continues to gain momentum. Results of the study show average gross rents have increased steadily since 2012. In addition, the study reveals vacancy rates have decreased because of a continued diversification of industries and recent job growth.

Businesses appreciate the ease of the commute for their employees as Chicago makes it easy to get around. Originally a transit hub with criss crossing rail lines and access to the Great Lakes, Chicago now boasts two large airports (O’Hare International Airport is the 3rd busiest airport in the United States) with direct flights to and from just about anywhere, public transportation includes the Metra, buses, the “L” (short for elevated) is a rail mass transit system, taxis, ride share services and more. There’s even a water taxi on the Chicago River. Commuters always have access to easy, affordable transportation.

The overall commercial market in Chicago remains strong and Chicago will continue to welcome businesses, both large and small for many years to come.

Areas We Serve

In addition to the cities above, GC Realty & Development, LLC has coverage all over the Chicagoland Area including Kane, Cook, Lake, Mchenry & Dupage Counties. We also have coverage across a large portion of the city including downtown Chicago.

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