Mayor
Johnson's
ordinance
will
raise
rents

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Tell Your Alderman…NO to P.R.O.

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What Does P.R.O. Say?

More Corporate Landlords

New Fees and Requirements Raise the Cost of Owning Rental Property — A Burden That Falls Hardest on Small, Individual Landlords.
When Small Owners Sell, Corporate Landlords Who Buy In File for Eviction Far More Often: Nearly 3 Times as Often in Boston, Nearly 4 Times as Often in the Kansas City Area. Urban Institute LISC Kansas City

New Fees, New Bureaucracy

P.R.O. Creates a New City Bureau, Funded by an Est. $20,000,000 a Year in New Fees on Landlords.
Landlords Pay the Fee — Renters Pay the Cost When It’s Passed Through as Higher Rent. Sun-Times

A New Citywide Registry

P.R.O. Requires Annual Registration of Rental Units Citywide, Creating a New City-Run Database of Chicago’s Rental Housing.
A Small Segment of Owner-Occupied Buildings Are Exempt From the Fee, But the Paperwork Is New for All Landlords. Chicago REALTORS®

The Timeline

Introduced on June 29, 2026.
If It Passes, It Takes Effect January 1, 2027. Mayor’s Office CBS Chicago

Summarized from Illinois REALTORS® and the Chicago REALTORS® P.R.O. issue summary.

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