Owner Resources
CAA's goal is to continue to educate landlords and tenants about their rights and responsibilities before a crisis occurs. At a time when at least 38 percent of Chicagoans remain “rent burdened,” meaning more than 30 percent of their income is used for housing, it is more important than ever that we remain committed to providing quality housing at reasonable prices with high ethics.
Please visit our education section for more information about our offerings for landlords, property managers, leasing and maintenance personnel and of course owners of rental housing.
2010 Security Deposit Interest Rates are as follows:
(Adjusts annually on December 31st of each year) ** Please note that Oak Park and Mount Prospect have local landlord/tenant law but follow the state rate for security deposit interest.
CITY OF CHICAGO and EVANSTON - 0.073% --- Historical Chicago Rates
(Adjusts annually on the first business day of the year)
(Effective October 2002, Evanston follows Chicago’s formula and yearly rate)
This year, the City Comptroller is calculating its interest rate in accordance with the rates published by Chase Bank, which is the financial institution with the most branches in Chicago. This is a change in the way the City determines which bank to use from prior years due to an amendment to the code this past May. Evanston still ties its interest rate to the City of Chicago rate.
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