How Much Is Your Vacancy Really Costing You?
Every day a unit sits empty is money you'll never get back. Calculate the true cost of vacancy — and see how professional management changes the math.
Turnover costs include cleaning, minor repairs, painting touch-ups, and re-listing fees. The average Chicago turnover runs $800–$2,000 depending on unit size and condition.
$1,800
30 days × $60/day × 1 unit
$1,200
$1,200 × 1 unit
$3,000
per vacancy event across 1 unit
With Altus Management (avg. 14-day vacancy)
Cost Comparison
The Chicago market average vacancy period for self-managed rentals is 30–45 days. Altus-managed properties average 14 days from move-out to new lease execution — driven by proactive renewal outreach, pre-marketed listings, and a vetted tenant pipeline. The management fee pays for itself in reduced vacancy alone.
See What Your Property Could Earn with Altus Management.
Get a free rental market analysis — we'll show you the market rate, projected vacancy, and net return for your specific property.