Rents are due on the first day of the month and are considered late if not received at our office by the end of the day on the 5th of the month. On the 6th of the month or the next business day, Nach Properties charges the late fee as permitted by the lease agreement.

At Nach Properties, we do not tolerate the delinquent payment of rents. We are careful to explain this policy to new residents to avoid any misunderstandings that might arise later. Our rent collections and delinquencies policies are as follows:

We will make every effort to collect rents timely when due (1st of the month). We will “Hand Deliver” a 5-day notice (Illinois’ legal prerequisite to an eviction). In certain circumstances, a process server will be hired to properly serve the tenant at an additional expense to the owner.

If there is no response, we will turn delinquent residents over for an eviction to be filed with your approval, as owners are responsible for fees.

Nach Properties recognizes that many things can happen where it concerns rent; rent can really be lost “in the mail,” employers can delay the tenant’s paycheck, there are real tenant emergencies, and more. Therefore, we make a serious effort to determine why the tenant is having a problem and will work with them to obtain payment as soon as possible.