John Castelli
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John Castelli
Home
BUY
  • Search Listings
  • Homebuyer Tips
  • Chicagoland Neighborhoods
SELL
  • Sell Your Property
  • Home Selling Tips
RENTALS
  • Requirements to Lease
  • Search Available Rentals
  • Property Video Tours
ABOUT
Contact
Insights
More
  • Home
  • BUY
    • Search Listings
    • Homebuyer Tips
    • Chicagoland Neighborhoods
  • SELL
    • Sell Your Property
    • Home Selling Tips
  • RENTALS
    • Requirements to Lease
    • Search Available Rentals
    • Property Video Tours
  • ABOUT
  • Contact
  • Insights

  • Home
  • BUY
    • Search Listings
    • Homebuyer Tips
    • Chicagoland Neighborhoods
  • SELL
    • Sell Your Property
    • Home Selling Tips
  • RENTALS
    • Requirements to Lease
    • Search Available Rentals
    • Property Video Tours
  • ABOUT
  • Contact
  • Insights

Requirements to Lease

Search for Properties

Looking to lease a property? Here’s what you’ll need to qualify and ensure a smooth application process.


  • Application Fee: To begin the leasing process, our third-party application processor charges a non-refundable application fee of $49.95. Application Link


  • Credit Score: A minimum credit score of 650 is required for all applicants. If a co-signer is needed, the co-signer must meet the same credit requirement.


  • Proof of Income: We require tenants to have a monthly take-home income of at least three times the monthly rent. If you have a roommate, half of your income must be three times your portion of the rent. You will need to provide proof of income for the last three months.


  • ID: You must provide a valid government-issued ID to complete the leasing process.


  • Rental History: We require a rental history check to ensure you have been a responsible tenant.


  • Move-in Fee: A non-refundable move-in fee is required before you can move in. Sublease Fee: A non-refundable administrative fee of $200 is required once a sublease is approved and the lease addendum is signed.


  • Co-signer Application: If you are a student, unemployed, or do not meet the income or credit requirements, you will be required to have a qualified co-signer. All co-signers must submit a full rental application, meet the same minimum credit score, and provide proof of income.


  • Student Loan Documentation: If you plan to use student loans to pay rent, you must provide documentation.


These requirements are in place to ensure a smooth leasing process and help match you with the right home. If you have any questions about qualifying, contact us. We’re here to guide you every step of the way


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Utility Info:

Gas Service - Peoples Gas (866) 556-6001

Electricity - ComEd (800) 334-7661

Cable & Wifi - Xfinity (800) 934-6489

Chicago Parking Sticker Info: https://www.chicityclerk.com/city-stickers-parking/about-parking-permits

Change Your Address: USPS.com/move


John Castelli
Designated Managing Broker

Castelli Management, LLC. 

License # 471.001618

Firm License # 481.011352

Virtual Office License # 495.000034



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