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Episode 213: The Future of Rent Control in Illinois: Updates and Implications

By Mark Ainley

In today's Straight Up Chicago Investor Podcast episode, Tom and Mark welcome Mike Glasser of Magellen Properties and Mike Hagenson of New Era Chicago to discuss the future of rent control in Illinois. With rent control being a hotly debated topic in many major cities, our guests dive into the potential implications of rent control on the Chicago real estate market. The discussion draws on experiences in other cities where rent control has been implemented and its effects on property owners, tenants, and the overall market.

You can expect to gain an understanding of what rent control is, how it works, and its potential impact on the Chicago real estate scene. As two experts in the field, Mike Glasser and Mike Hagenson bring valuable insights on this controversial topic, making this an episode not to be missed for anyone interested in the Chicago property market.

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Mark Ainley
Investor, Managing Broker, and Property Manager
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased...
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased over 4,000 properties, featured on CNBC’s TV show The Deed, co-host on Chicago's AM560 Real Estate Revealed Radio Show, and invited to speak & sit on panels at numerous investment summits across the country. I have also been blessed with the opportunity to be a guest on over 30 top podcast platforms. GC Realty & Development, LLC, currently manages over 1,200 investment properties throughout the Chicagoland area. In 2019, 2020, 2020 and 2022, GCR&D was featured on the Inc. Magazine list of top 5,000 fastest growing companies in the United States. I take great pride in providing valued feedback to beginners and less experienced entrepreneurs on what steps not to take or what steps to take sooner in growing a younger business.
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