Chicago Association Of Realtors Residential Lease

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Frequently Asked Questions

What is the Chicago Association of Realtors?

The Chicago Association of REALTORS® (CAR), the “Voice for Real Estate” in Chicago since 1883, represents over 15,500 members from all real estate specialties including commercial sales, development, property management, appraisal, auctions and residential sales.

What is the annual Chicago real estate appreciation rate?

In the past ten years, the annual Chicago real estate appreciation rate has amounted to 4.40%, according to NeighborhoodScout.com. Chicago metropolitan area or Chicagoland is an area that includes the city of Chicago and its suburbs. So if you buy a Chicago real estate investment to use as a rental property, you could benefit in this market.

What is the Chicago residential lease?

The Chicago Residential Lease is an excellent member benefit for all Chicago REALTORS® and their landlords. This lease is vetted each year by practitioners and attorneys to ensure compliance with Chicago ordinance.

Where can I find the 2022 Chicago residential lease form?

The 2022 Chicago Residential Lease is now available on our Forms & Contracts webpage. The 2022 version includes an updated Lead-Based Paint Pamphlet, Bed Bug Brochure, and the 2022 Bilingual Security Deposit Interest Rate Summary. The Chicago Residential Lease is an excellent member benefit for all Chicago REALTORS® and their landlords.

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