Molly Ayala
Green Street Realty is a real estate company that manages rental properties, including apartments and houses. The company has received mixed reviews, with some tenants reporting issues with the quality of their units and the way the company handles maintenance and billing. On the other hand, Urbana in Illinois has several electricity companies, including Ameren Illinois and Just Energy. These companies offer a range of plans and services to meet the needs of residential and commercial customers. With a focus on growth and customer satisfaction, they strive to provide reliable and affordable energy to the Urbana community.
| Characteristics | Values |
|---|---|
| Location | Urbana, Illinois, United States |
| Industry | Lessors of Real Estate, Real Estate, Real Estate and Rental and Leasing, Commercial and industrial building operation |
| Number of Employees | 4 |
| Sales | $87,508 |
| Office Address | 510 S Neil Street in Champaign |
| Phone Number | 217-356-8750 |
| [email protected] | |
| Office Hours | Monday to Friday, 8 am to 5 pm |
| Property Type | Commercial and Residential |
| Number of Residential Rental Units | Over 2,000 |
| Number of Student Housing Beds | Over 2,700 |
| Utilities | Tenants are responsible for gas, electric, water, sewer, and trash |
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What You'll Learn
Green Street Realty manages over 2,000 residential rental units
Green Street Realty is a property management company located in Champaign, Illinois, near the University of Illinois Campus. The company specializes in the management of commercial and residential properties, with a focus on student housing.
Notable student housing locations managed by Green Street Realty include Capstone Quarters (608 beds), Atrium Apartments Urbana (240 beds), 609 S Randolph, Champaign (132 beds), University Village Charleston (391 beds), and Youngstown Apartments Charleston (159 beds).
While Green Street Realty covers some utility costs in certain apartment buildings, tenants of their single-family homes are generally responsible for expenses such as gas, electricity, water, sewer, and trash removal. Lawn care is also the tenant's responsibility in these cases.
The company has faced some criticism from tenants, with complaints ranging from unexpected charges and deposit disputes to issues with apartment maintenance and uncooperative property managers.
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Tenants are responsible for their own utilities
Green Street Realty is a property management company located in Champaign, Illinois, near the University of Illinois Campus. The company manages a wide range of properties, including residential and commercial spaces, with a focus on student housing.
When it comes to utilities, the responsibility varies depending on the type of property. In their single-family homes, tenants are typically responsible for all utilities, which include gas, electric, water, sewer, and trash services. Additionally, tenants in these homes are also tasked with lawn care and maintenance.
For their apartment buildings, the utility arrangements can differ. In some cases, Green Street Realty may cover the cost of certain utilities, while in other buildings, tenants might be responsible for all or a portion of the utilities. It is important for tenants to carefully review their lease agreements to understand their specific utility responsibilities.
One former tenant of Green Street Realty reported high energy bills, exceeding $300 per month during the winter, which they attributed to poor thermal insulation in the apartment. This suggests that tenants may need to consider potential energy efficiency issues when budgeting for utilities.
Overall, it is essential for individuals considering renting a property through Green Street Realty to clarify their utility responsibilities during the application process to avoid unexpected costs or misunderstandings.
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Green Street Realty is a licensed real estate office
As a property management company, Green Street Realty strives to meet the diverse needs of its clients. They take pride in their ability to find the perfect housing solution for every qualified candidate. The company's website offers a convenient platform for prospective tenants to apply for rentals, with a $30 application fee for online applications. Green Street Realty's office is located at 510 S Neil Street in Champaign, and they can be contacted by phone or email to schedule appointments and property viewings.
While Green Street Realty manages a wide range of properties, some online reviews from tenants highlight concerns about their experiences. There have been reports of unexpected charges, issues with apartment conditions and maintenance, and disputes over security deposits. Prospective tenants are encouraged to conduct thorough research and due diligence before entering into any rental agreements.
Green Street Realty's properties include locations such as Capstone Quarters, Atrium Apartments Urbana, 609 S Randolph in Champaign, University Village Charleston, and Youngstown Apartments Charleston. The company has expanded beyond Illinois, with apartment developments in Lafayette, Indiana; Ann Arbor, Michigan; Colorado Springs, Colorado; and Phoenix, Arizona.
In terms of utility arrangements, Green Street Realty's policies vary depending on the property type. In their single-family homes, tenants are typically responsible for all utilities, including gas, electric, water, sewer, and trash. On the other hand, in some apartment buildings, Green Street Realty may cover the cost of certain utilities.
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The company has expanded to other states
Green Street Realty is a property management company located in Champaign, Illinois, near the University of Illinois Campus. The company specializes in the management of commercial and residential properties, with a focus on student housing. In addition to its presence in Illinois, Green Street Realty has expanded its footprint beyond the state.
In 2020, the company announced plans for apartment developments in several new locations across the United States. These out-of-state expansion sites include Lafayette, Indiana; Ann Arbor, Michigan; Colorado Springs, Colorado; and Phoenix, Arizona. This expansion showcases the company's growth and ambition to cater to a wider range of markets and demographics.
Green Street Realty's expansion into these states offers a glimpse into their strategic choices. Indiana, Michigan, Colorado, and Arizona each present unique opportunities for the company to tap into diverse real estate markets and cater to varying demands for housing. By branching out from their established presence in Illinois, Green Street Realty demonstrates a proactive approach to exploring new territories and serving a broader customer base.
The company's expansion into these states aligns with their expertise in student housing. Indiana, Michigan, and Arizona are all home to prominent universities, including Purdue University in West Lafayette, Indiana; the University of Michigan in Ann Arbor; and Arizona State University in Phoenix. By targeting these university towns, Green Street Realty can leverage its experience in student housing management and tap into the specific needs of student populations in these areas.
Additionally, Colorado Springs offers its own appeal with a diverse economy and a balance of urban and outdoor attractions. The city's vibrant tech sector and thriving tourism industry, complemented by its scenic location near the Rocky Mountains, make it an attractive destination for young professionals and outdoor enthusiasts. Green Street Realty's expansion into Colorado Springs aligns with their ability to cater to a wide range of housing preferences and lifestyles.
As Green Street Realty ventures into these new markets, they bring their extensive portfolio of property management experience. With a focus on student housing and a commitment to providing a diverse range of housing options, the company is well-positioned to cater to the unique needs of each state's demographic.
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Green Street Realty has been accused of overcharging
Green Street Realty, a property management company located in Champaign, Illinois, has been accused by tenants of overcharging for utilities such as water and electricity. In a Reddit post, a user claimed that they received "crazy overage fees" for these utilities and believed that the company was committing fraud. The user also mentioned that they were charged for cleaning services, even though they left the apartment in a better condition than when they moved in.
Another tenant renting a two-bedroom apartment in one of Green Street Realty's newly built properties outside the University of Illinois at Urbana-Champaign campus complained about high energy bills, with costs exceeding $300 per month during the winter. The tenant attributed these high costs to poor thermal insulation in the apartment.
In response to these accusations, Green Street Realty has not publicly addressed the specific claims of overcharging. However, the company's website does mention that they pay for some utilities in some of their apartment buildings. Specifically, they state that in their single-family homes, tenants are responsible for all utilities, including gas, electric, water, sewer, and trash.
It is important to note that utility costs can vary depending on a variety of factors, such as the size of the apartment, the number of occupants, and the weather conditions during a particular month. Green Street Realty manages over 3,000 residential rental units and offers a wide range of apartment options throughout the Champaign-Urbana market. With such a large portfolio of properties, it is inevitable that some tenants may have negative experiences or disputes over utility billing.
To avoid future accusations of overcharging, Green Street Realty should consider implementing more transparent billing practices and providing clear information to tenants about their utility costs and how these costs are calculated. By improving communication and ensuring that tenants understand their responsibilities regarding utility payments, the company can help prevent similar complaints from arising in the future.
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Frequently asked questions
It is unclear which electric companies Urbana Green Street Realty uses. However, tenants are responsible for paying for electricity.
In apartment buildings, Green Street Realty pays for some utilities. However, in single-family homes, tenants are responsible for all utilities, including gas, electricity, water, sewer, and trash.
This depends on the property and the season. One tenant reported paying over $300 per month in the winter due to poor thermal insulation.
Some tenants have reported unexpected overage fees for water and electricity, as well as excessive charges for damages upon moving out.
There is a $30 non-refundable application fee for each applicant over the age of 18. Additionally, Green Street Realty requires a minimum credit score of 700, and applicants must have no current negative debts.
