Owner Services

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If you are a current condominium owner, please click here for Tenant Web Access.

If you are a building owner, please see the below services:

As a full service management company, Wald Management is dedicated to handling all the management needs of your property on a day-to-day basis. Your property manager will handle all the details associated with maintaining the property and handling tenants. Below you can see a more detailed explanation of our services.

We handle the placement of all advertising -- signs, website advertising, rental lists, and newspaper ads (if requested).

We receive and process all calls from the advertising. We require a detailed rental application to be completed, then each application is thoroughly evaluated and screened before approving a prospective tenant. 

We collect your rents and provide monthly statements. We review the rents at the end of each lease period to assure that your property is receiving its best income potential according to the prevailing market conditions. 

We maintain a good professional relationship with each tenant. Our goal is satisfied long-term tenants who pay the rent on time and take care of the property.  

We have experienced maintenance and repair people available to handle all needs as they arise. These professionals have been chosen because they have proven to be honest and competent, and their services are reasonably priced.  

We require security deposits to secure the tenant's pledge of full compliance with the terms of the lease. Security deposits are held in an escrow account according to IL Statutes. 

Our management fee is a small percentage of the gross monthly rent collected, and our leasing fees are reasonable and competitive. When your property is vacant, we are working actively to advertise and secure a suitable tenant, and we are continuing to take care of all the maintenance and repair needs -- if any -- as they become necessary.  

We send you an itemized statement each month showing: Rental income, Management fees, Other expenses (if any) and Net amount to owner.

Your net check will be included with each statement. Statements are processed at the end of each month. 

We maintain regular office hours 9:00 AM to 5:00 PM weekdays. All of our property managers have e-mail accounts for communicating with our owners and an on-call person is always available after hours for emergencies.

© 2014 Wald Management. All rights reserved.  

Wald Management
2052 W Irving Park Rd
Chicago, IL 60618
Tel: 773-929-7000