Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

User Stats

7
Posts
0
Votes
Derek Venhuizen
  • Chicago, IL
0
Votes |
7
Posts

Landlord's Ability to Terminate Lease

Derek Venhuizen
  • Chicago, IL
Posted

Can a Chicago landlord terminate a lease at any time (i.e. no issues / paying on time etc) with written notice prior to the end of the term?  How many days written notice to tenants is required?

Background:  I have a 1 year term rental agreement in place. I am currently living overseas but plan to relocate back to my house in 6 months and may like to move back in.  Legally, (excluding any oral discussions with tenant) do I have the right to cancel the lease? I know Rahm Emmanuel (current mayor of chicago) ran into this issue where he had to cancel his property which was leased and was successfully able to do so but not without a bit of backlash. 

Thanks in advance for any thoughts / advice. 

Loading replies...