Chicago Mayor Brandon Johnson is gearing up to introduce a major overhaul of the rules regarding renting in the city, a move that would have significant ramifications for multifamily owners and operators across the city. 
Johnson is expected to propose the Protecting Renters Ordinance in a city council committee this month that aims to update Chicago’s 40-year-old Residential Landlord Tenant Ordinance and offer a suite of protections to tenants. This includes a tenant bill of rights, citywide “just cause” eviction, a ban on move-in and move-out fees and a potential backdoor framework for rent control.​