Property management
in New Chicago.
We price New Chicago on its own block-by-block comps, never a citywide average, and manage it with one local team that knows this part of Memphis.
Free, instant, no obligation. Enter your address for a live comp-backed rent estimate. Or call (901) 244-2911.
Where New Chicago sits in the Memphis area.
New Chicago by the numbers
The same data we use to price and underwrite our own portfolio, with the sample behind each figure shown.
What is happening on the ground in New Chicago
Live signals from the county and the city: how much building is underway, how many structures are flagged as derelict or substandard, and reported crime over the past year. Each is shown against the typical Memphis area we cover, measured per square mile so a big suburb and a small neighborhood compare fairly.
Counts cover the New Chicago boundary shown above. The Less/More marker places New Chicago against the per-square-mile rate of every Memphis area we manage, so the raw count is read in context rather than on its own. Refreshed continuously from public records. Reported incidents are not total crime and do not measure how safe an area is or anything about the people who live there. We show the same public figures for every area and rate none. This is factual public data, not legal, investment, or fair-housing advice.
A bit of New Chicago history
Historic Black North Memphis neighborhood that grew up around a community school in the early twentieth century and exploded during the Firestone Tire era. On January 19, 1937, Firestone opened what became its most productive factory on Firestone Avenue, employing 7,000 workers at its 1945 peak before closing in 1983. Per the <a href="https://en.wikipedia.org/wiki/North_Memphis,_Memphis,_Tennessee" rel="noopener" target="_blank">Wikipedia entry on North Memphis</a>, the neighborhood has since been a focus of community development work led by the New Chicago CDC.
For owners, New Chicago is a rental-demand market. Our typical-rent figure here is built on 65 live comps, so the number is grounded rather than guessed. We price each property to its own block and screen for residents who will stay.
How we can run it
Common questions about New Chicago property management
Does Longstep manage rental property in New Chicago?
Yes. Longstep manages long-term and short-term rentals in New Chicago with one local team, in-house cleaning and maintenance at cost, and every fee disclosed up front.
What can I rent a home for in New Chicago?
Typical rent in New Chicago runs about $1,195 a month, with most homes between $1,348 and $2,229 depending on size and condition, and rentals lease in a median of 45 days. The most reliable number is your own address, which you can check free above.
What does Longstep charge to manage a New Chicago rental?
Long-term management is 8% of collected rent plus a one-time placement fee; short-term is 10% all-in. Maintenance and cleaning are in-house at cost, with no third-party markup.
Properties in New Chicago
A sample of New Chicago addresses with rent comps, short-term comps, or a recorded renovation on file. Open one for its county value, estimated rent, and renovation history.
What would your New Chicago property rent for?
Send us the address. We pull the real comps for that exact street and show you the long-term and short-term picture, free.
Free, no obligation. Or call (901) 244-2911.