Thank you for your interest in 2620 Lofts. We hope that the information
provided below will be useful to you.
A few of the most commonly asked questions are answered below
for your convenience.
|HOW DO I HOLD A UNIT?
|You will need to bring ALL of these 6 items to HOLD a unit:
YOU MUST HAVE A MINIMUM CREDIT SCORE OF 680 TO QUALIFY
|Rental Application (2 pages) Complete, sign on both pages & submit with valid drivers license that will be copied for files. 1 per person over 18 years of age.
HERE FOR THE ONLINE APPLICATION (Online applications cannot be completed using a phone ot tablet).
|Application Fee - $65 per persons over 18. This is paid when completing the application online.
| A recent pay stub. If self employed, last year's Tax Return, Schedule "C", proof of recent income.
|Last 3 months of financial/bank statements for proof of savings showing you have the equivalent of 3 months of rent payments.
|SUBMIT HOLD FEE OF 1(ONE) MONTH’S RENT TO HOLD UNIT: Submit SEPARATE PAYMENT BY ZELLE OR WIRE MONEY for first month’s rent to HOLD the unit during the preliminary leasing qualification review. Hold money is non-refundable upon acceptance by management. Lease signing must be completed within 5 days after approval or hold fee is forfeited. Within 5-days, this includes the balance of money is due, Pay Lease form (ACH, automatic electronic payment) completed and signed with any other forms to be used for all payments and leasing. (CLICK HERE FOR FORM)
********(only ZELLE OR WIRE (Ask for instruction for wire) Within 10 days of lease start date, only cash is accepted.)
The process to apply for rental follows the Fair Housing Act. All applicants over 18 years of age will have their credit history checked with credit reports that will look at credit scores, any judgements and payment history. We also check with current & potentially past landlords along with employers to verify information . Additional screening may be performed to look for any eviction and criminal records.
If you have any questions, please feel free to contact Heather at 312-380-1205 first. Alternative contact: management@2620loftsChicago.com. Thanks!
IS THERE A SECURITY DEPOSIT REQUIRED?
NO! 2620 Lofts is proud to be a building in Chicago that does NOT require a Security Deposit. We want to make it as easy as possible for you to move into your new loft and keep your costs as low as possible with NO security deposit. Instead, what we do require is a one-time, non-refundable Administrative (Admin) fee when moving or transferring in the building into any new unit. The Admin for new move-ins and Transfer fee for existing tenants moving within the building is $495. This is the same fee to transfer from one unit to another in the building since we do not have security deposits. This fee applies to adults and children over 18.
USE OF ELEVATOR :
Must be reserved and is on a first-come, first-served basis for moving or deliveries. ONLY the North elevator is used for moving & deliveries. The elevator must be covered with protective covers provided by management and any damage caused to the elevator during your move-in or move-out is the responsibility of the tenant using the elevator. Please notify management of any elevator damage that you notice prior to your use of the elevator. WHEN FINISHED, IT IS IMPORTANT TO CONTACT MANAGEMENT IMEDIATLEY at management@2620loftsChicago.com, TO TURN OFF THE "INDEPENDENT SERVICE" TO MAKE THE ELEVATOR GENERALY AVAILABLE TO ALL RESIDENTS UPON CALL. "INDEPENDENT SERVICE" STAYS ON THE FLOOR THE DOOR OPENS & DOES NOT RESPOND TO "CALL BUTTONS" SO IT IS IMPORTANT TO "UNLOCK" BY NOTIFYING MANAGEMENT SO THE ELEVATOR IS READILY AVAILABLE TO ALL RESIDENTS.
DO I NEED MY OWN INSURANCE AS A RENTER?
Yes! Everyone should get renter's insurance and, in fact, it is a requirement of the lease for your apartment. Your belongings in your unit and your car in the garage are not covered by the building's insurance policy, and not only is renter's insurance fairly inexpensive, it will provide peace of mind that is priceless.
For further information and a quote, you can contact Kathy at The Rockwood
Group at (312) 621-2509 or Michael Rice of the Thomas Ward Insurance Group
at (312)254-1500 . Either will be happy to assist you.
HOW MUCH CAN I AFFORD TO SPEND ON RENT?
In Chicago, the general rule of thumb is 30% of your gross income for tenant-heated apartments. While different landlords use different guidelines for qualifying prospective residents, this is the figure that 2620 Washington Master Tenant LLC uses to help determine the amount of rent that you should be able to afford.
Example 1) If your rent is $1600 plus parking at $175. Total $1775.
Then you need to earn $71,000/year.
Here is how this is figured, if you earn $71,000/year
$71,000 x 30% = $21,300 a year. Then divide by 12 months.
You can afford: $1,755mo. ($21,300 divided by 12 months)
Example 2) If your unit rent is $2100 plus washer/dryer at $85, plus parking at $175. Total $2360.
Then you need to earn $94,400/year.
Here is how this is figured, if you earn $94,400/year
$94,400 x 30% = $28,320 a year. Then divide by 12 months.
You can afford: $2360/mo. ($26,160) divided by 12 months
CAN I HAVE A DOG OR A CAT IN THE RENTAL UNITS?
Yes and Yes. As fellow pet owners, we know how coming home to a loving dog or cat is one of the best feelings in the world. You are absolutely welcome to have either a dog or a cat in your rental unit, but we do not allow exotic animals, monkeys, or snakes, etc. There is a limit of two (2) animals allowed per rental unit.
If you would like to have a dog or a cat, there is a non-refundable pet fee that must be paid either PRIOR to your moving in, or PRIOR to your purchasing an animal, along with completing and signing a Pet Agreement (Click here for Pet Agreement). DOG OWNERS MUST PICK UP THEIR DOG'S WASTE & WASH DOWN ANY WASTE ON THE ROOF. IN ADDTITION owners are responsible for PICKING UP WASTE ON THE WASHINGTON STREET PET AREA to maintain a clean healthy environment. DO NOT ALLOW DOGS TO URINATE ON BUSHES OR GRASS, AS THEY CAN KILL THE PLANTS.
The non-refundable pet fees are as follows:
|Total pets - 2 Maximum
| Dogs - Maximum of 2 dogs under 55 lbs total weight OR 1 larger dog over 55 lbs.
All dogs and cats have an Upfront Fee:
Cats upfront fee
- $325 (non-refundable)
- $395 (non-refundable)
|PLUS Monthly Fees as Follows for Dogs:
| - Up to 60 lbs. - $45 per month
|- 61-80 lbs. - $60 per month
|- We have the right to not accept any dog or to ask you to remove your dog from the building if we get complaints.
| USE OF DOG DNA FOR SANITARY REASONS- We want a clean and sanitary environment for all residents and their guests. Therefore, if dog waste is left on the dog run, anywhere in the building or on the exterior property and your dog is discovered with DNA, the 1st Offense is $250, 2nd Offense $350, 3rd Offense the dog is no longer allowed in the building.
|Provide Certificate showing Rabies shot is current before pet is allowed in the building.
THE ONLY WAY WE CAN BE A DOG FRIENDLY BUILDING IF ALL DOG OWNERS UNDERSTAND THAT THEIR DOG CANNOT EFFECT OTHER RESIDENTS.
WARNING!!! BARKING IS NOT TOLERATED!!! IF YOUR DOG DISTURBS OTHER RESIDENTS, THE DOG(S) CANNOT STAY IN THE BUILDING. ANY DOG IN THE BUILDING MUST HAVE BARKING UNDER CONTROL. AFTER THE FIRST COMPLAINT, A DOG COLLAR OR AN APPROVED METHOD TO STOP BARKING FROM A CERTIFIED VETINARIAN MUST BE USED WITH IN 5 DAYS OF COMPLAINT OR THE DOG(S) OR YOU RISK EVICTION PROCEEDINGS AND FINES.
Further, we ask that you comply to either spay or neuter your animal. WE LOVE
DOGS, but living in a community you must be considerate of other residents.
When your pet is outside of your unit, they MUST BE ON A LEASH or in a Carry
Case. Dogs must not be excessive barkers that disturb other tenants. Lessee
is responsible for any pet damages to the unit or building. All vaccinations
must be current, and your failure to report your ownership & comply with
building rules of either a cat or a dog can be grounds for eviction.
ROOF-TOP DOG RUN AMENITY:
We are pleased to offer this amenity
as a courtesy to our tenants. However, we do request that you respect the rules
of the Dog Run which is there for the enjoyment and convenience of all of the
building's residents. You must clean up after your own animal and dispose of
all waste in the provided receptacle. Failure to follow the rules for the roof
top Dog Run can result in fines and/or management's decision to bar your continued
use of the amenity.
It is policy to pay rent by electronic withdrawal from your bank account (free service) or by credit card (fee applies). Rent is due on the 1st of the month. You will need to complete the Pay Lease Form (CLICK HERE FOR FORM). If we receive your rent after the fifth of the month (5pm), a late & any applicable fees will be assessed. However, if you notify us 2 business days in advance that your rent will be paid after the fifth, management will consider reducing the late fee for the first time only. Management reserves the sole right to apply any and all late fees owed.
When a new resident, first payment is payable by cashier's check to 2620 Washington Master Tenant LLC. If within 10 days of the lease start date, cash only payment must be made.
WHEN CAN I MOVE IN TO MY UNIT?
Contact 2620 Washington Management by email at management@2620loftsChicago.com to coordinate your move, request the date and time you would like to move. It is very important that you schedule your move-in to ensure that your apartment is in proper condition upon your arrival.
Once you do move-in, we recommend that you identify any damage found within
your unit so that maintenance can address these issues as soon as possible.
WHEN DO I PICK UP THE KEYS TO MY UNIT?
Once you have executed your lease, you must contact 2620 Washington Management at management@2620loftsChicago.com, to coordinate the date and time for your move-in. After your move-in is clarified, 2620 Washington Management will make arrangements for you to pick up your keys, key fobs, and/or garage remote control.
Additionally, if you notice any issues or have concerns regarding activities, incidents, or weather-related issues that may cause damage to your apartment, it is imperative that you contact 2620 Washington Management at management@2620loftsChicago.com within 24-hours to apprise management of this situation.
-LOCK-OUT POLICY : This service is only available if building personnel are available. Log into “Request for Repair and Service” on our website ALL lock-outs at ALL times have a CASH ONLY charge of $95. Tenant must have CASH available at time of assistance. If building personnel are not available, the tenant will need to hire an independent locksmith. A tenant is not allowed to change the lock, as building management must be able to enter the unit in case of emergency. If you have the lock changed, there is a $150 fee to change to an “authorized building specific lock”.
In the event of an emergency, please contact 911 if the emergency is life threatening. Follow the on-site instructions for evacuating the premises.
After Hours Emergency ONLY Number Call Service: (312) 373-1513 This number will take Emergency-Only Repair and Security phone calls during NON-normal business hours. This service will then contact building management to respond.
• AFTER Hours are weekends, holidays and 5pm to 9:00am.
• (Normal Business Hours are 9:00 am - 5:00 pm Monday to Friday.)
Here is What We Consider Emergency Items to call (312) 373-1513:
• Person(s) stuck in elevator – after 911 is called
• Fire - after 911 is called
• No Heat (in winter months)
• No Hot Water (year round)
• Detector Problems
• Water Leaks (this is for leaks causing damages, not general leaks that can be contained)
• Toilets not working at all
• No electricity - make sure to check your breaker box first to ensure breaker has not been tripped. If it appears tripped, push the breaker all the way off and then back on the on position.
• Security concerns (Talman door not locking, Garage door not opening/closing, window broken, vandalism)
o If there are people in the building that are trespassing and might be a threat, call 911!!!
Go to www.2620loftsChicago.com and access TWA (Tenant Web Access) with the button “Residents Service & Repair Requests” If the situation is not life threatening, but requires attention, please contact 2620 Lofts through this web portal for service issues. When you complete the information, the “New Issue” is sent to a distribution list including the building engineer and management. After business hours are 5:00pm to 9:00am Monday-Friday, weekends and holidays. Only those situations are addressed that are an absolute emergency during "after hours". If contacted at those hours with no emergency to be onsite, service charges are $250 minimum for non-emergency calls.
Please do not call or text anyone for repairs. We ask so we can track repairs and follow-up to provide proper, high quality customer service.
WHAT UTILITY COMPANIES DO I HAVE TO NOTIFY?
You should notify the appropriate companies, shown below, at least one week
prior to your move-in to ensure that service is in place when you arrive.
|Satellite TV and Internet:
|Access Media 3 866-263-3241
WHEN DO I HAVE TO BE MOVED OUT?
PLEASE READ THE MOVE-OUT DOCUMENT FOR A SMOOTH MOVE. We require all tenants to have the apartment empty and cleaned by 9:00am the last day of their lease depending on your specific lease, read your lease. This allows management to prepare the apartment and ensure it is in proper condition for the new tenant.
If you cannot be moved out, or have the apartment cleaned, by this time, you must contact 2620 Washington Management at management@2620loftsChicago.com immediately. A hold-over fee may be applied. The apartment must be returned to its original condition when you moved in, normal wear and tear excepted.
If, If, after move-out, your apartment is not returned to its original condition, you will be charged and not paying will be reported to the credit reporting agencies, so it will appear on your credit report. Late fees will apply if not paid in 30 days.
WHERE AND WHEN DO I DROP OFF MY KEYS?
Please contact 2620 Washington Management at management@2620loftsChicago.com to arrange for your move-out. We must receive all keys, key fobs, laundry card (if applicable) and garage remote controls in an envelope with your name and forwarding address at the time of your move-out, by 9:00am, the last day of your lease. Drop the envelope in the management office mail slot on the first floor.
If you fail to return any of these items, the charges will be as follows:
|Mail Box Key - $95
|Apartment Entry Door Key - $145
Key Fob - $50
Garage Remote Control - $50
Laundry Card - $25
ROOMMATE SUBSTITUTION PROCEDURE:
Please contact 2620 Washington Management at management@2620loftsChicago.com to discuss this issue
The circumstances regarding subleasing apartments vary widely. Please
contact 2620 Washington Management at management@2620loftsChicago.com to discuss this issue.
Thank you once again for interest in 2620 Lofts. If there is anything
we can do for you, or if you have any questions that were not answered on
this page, please do not hesitate to contact 2620 Washington Management at management@2620loftsChicago.com.