Crown Molding - Chicago

[Paul Garcia]

Hi Everyone,

I'm renovating a 4-Unit in the Albany Park neighborhood of Chicago. Gut rehab of 100 year old building which will be kept for rentals. I've always installed crown molding in any rehab as that is what I was taught. As I look at the new stock in all areas of Chicago I've noticed none of the new properties has crown molding! Even the very high end new residential towers do not have them. 

Of course I will be trying to get top of the market rents, with the area only having a handful of new developments to compete with. Does anyone have any thoughts/experiences regarding this? The crown will cost about $3,000 a unit and I'm staring to question the value. 

Thanks!