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Lease Term |
Most of our leases are
for 12 month terms. We usually prefer that leases
end on April 30 or September 30- the most
common moving dates in Chicago. This makes it
easier to coordinate moving times for everybody. |
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Security
Deposits |
Our normal security
deposit is equal to one month's rent.
In cases
where a tenant may be renting their first apartment
or may have some blemishes on their credit, we may
require a higher deposit until a payment history can
be built with us. |
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Application |
We require a
completed and signed application from each
prospective tenant. Print our Application now. Most applications are approved in about
24 hours. |
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Application Fee |
We require a credit
report fee of $25 for each applicant to cover our
cost of obtaining credit bureaus and verifying
employment and tenancies. |
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Approval
Parameters |
Each applicant is evaluated based upon their personal credit history,
previous tenancies, employment history and
references. |
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Equal Housing |
CoolApt.com strongly supports the Fair Housing
Act. We do not discriminate
on the basis of race, color, religion, sex,
handicap, familial status, or national origin. |
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Pets |
Our pet policy varies depending upon the building.
Please call for specific information. |
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Waterbeds |
Since most of our apartments are in
buildings that were constructed in the early 1900's, for structural
reasons we do not allow any liquid-filled furniture in any of our units. |
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