In a normal year the Chicago rental industry would be gearing up for the busiest moving day of the year, May 1. There would also be some serious prep for April 1 happening but the real spike usually occurs in May. This has been the case for centuries, reaching back to a time when May 1 was the only day when leases expired throughout the entirety of Chicago.
Towards the end of last week's article I touched briefly on the effect that COVID-19 might have on the May 1 peak of the season but today I want to explore that in more detail, because we're looking at something with far reaching implications for a huge number of industries throughout the city. Continue reading Advice for Chicago Renters with Spring 2020 Lease Expirations and COVID-19 Concerns