Land & New Construction
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on . Most recent reply

New construction in Chicago
Good Morning BP,
I am looking for some information and possible resources for developing a new home (2 or 3 unit building on Chicago's Westside - 3.5 miles from downtown).
I recently acquired a plot of land (small lot, sitting between two existing properties). My plan is to add a two-or-three unit to it. Is there anyone in Chicago who could provide me with some information as how the process works?
Specifically:
- What do I need to complete prior to construction?
- Do you have any recommendations for the "team"? (I.e Architect, City Planner, GC, etc).
Any information would be appreciated.
Thanks,
Canontone
Most Popular Reply

Congrats on the plot of land. In Chicago, it's helpful to have an expeditor and ensure that your development plans for the property fit the neighborhood. Are there other 2-3 units on the street? Is the plan to hold the property or sell it?
Would suggest the team members you bring on have experience with new construction in the city. I see many new construction projects start and SLOWLY progress for a multitude of reasons, while others are completed in a few months.