Chicago Real Estate Forum
9.5K Posts | 1.1K Discussions
Cost to Clean a Estate Sale in Chicago
Hi there, Any close estimate will be appreciated it. Assume a 3 level unit, 4 bed, 3 bad, level 1 and 2, 1,000 sf., 3rd level, 750 s.f. What should I assume to have the place emptied by a junk collector? There are... View more
What are the best neighborhoods to househack in Chicago?
I am interested in buying a 2 flat/3 flat in Chicago, and I'd like to house hack the property. I'm new to Real Estate, and I don't really know where to begin looking. Any suggestions on which neighborhoods have a lot... View more
MultiFamily Live In, Rennovate with Tenants?
Hi BP community. We are a looking at a few 2 unit properties on the north side. I would owner occupy one unit. Many of these buildings already have tenants. I'm hoping you can help me answer a few questions that... View more
Chicago Rear Addition (RS3 Zoning)
Hello - I am seeking some input on building a fairly simple rear addition on a prospective SFH and long-term hold. I want to ensure I'm not overlooking anything prior to making an offer. Most likely it would be an... View more
1031 Exchange: Should I exchange my first property to scale up?
Hey BP Community,I'm a new investor on the north side of Chicago and I am in the final phases of a gut rehab of a condo unit that is my first property. Bought at $155K, $50K rehab, hoping to sell/exchange at ~$215K.... View more
Chicago Eviction moratorium
So I'm looking into the eviction moratorium for Chicago and from my understanding a landlord can still technically evict tenants if the tenant does not contact the landlord to claim Covid-19 impact with in 5 days of... View more
Digging into a basement
Does anyone have any referrals for digging into a basement to make the ceiling height acceptable? Any advice or connections in converting a basement into livable space would be greatly appreciated. Thanks!
Commercial zoning on 2 flat
My wife and I bought a 2-flat last year, and its zoned as commercial (C1-2). Is there any benefit of having this zoning in comparison to residential?
Looking for a Property Inspector for a second opinon ASAP
Good Morning,Currently in AI for my first property that i plan on househacking in the Avondale Neighborhood. Looking for a second opinon as to why their is a slight lean on this property. The property inspector we used... View more
Tenant-landlord disputes attorney referral
Hi BP Community, Could someone refer a good attorney that handles tenant-landlord disputes in Chicago area? Thank you!
Waterproofing Garden Units in Old Buildings?
Hi All,I'm under-contract on a 4-flat in Lincoln Square. The basement today is 1/2 garden apartment, 1/2 unfinished common space. The finished part appears to have water / seepage coming from the brick foundation,... View more
looking to newtwork with like-minded people
hey community! Looking to network with like-minded people preferably woman since I don't know many women investors. I have yet to make my first deal and tend to get discouraged so am looking to connect with someone... View more
Dissolving HOA after purchasing up entire building?
Hi all -I own a condo in a 2 unit building here in Chicago. I have a potential opportunity to buy out my neighbor's unit, which would then give me full ownership of the building. My plan is to purchase the unit with... View more
Crawl space encapsulation recommendations?
Anyone know any crawl space encapsulation contractors that offer that do a good job. Trying to find someone but would rather get recommendations here than a traditionally google search. Thanks!
Help on Siding Project on the North Side
Hello friends!I'm working on a project in Avondale where we just passed all rough inspections for a gut rehab (whoo hoo!). At the same time, our exterior contractor pretty much disappeared. We're doing vinyl siding... View more
Chicago Condo Investment
Hello! New here on BP forum. I was just hoping to get some advice regarding buying a Chicago condo as a buy-and-hold investment and a future rental property. I’ve been renting for a while now, and I want to start... View more
Best Areas for Househacking in Chicago
I'm new to real estate investing and trying to get into owning a Multifamily unit using as little capital as possible. Househacking seems to be very newbie friendly and I'm looking to target a couple of areas in... View more
Recommendation for septic inspections?
Hi, anyone have a good recommendation for septic inspections? I'm looking at a property in Will county. Thanks!
Looking for GC in South Suburb of Chicago for Flipper
I am currently seeking a Licensed/insured general contractor that can work in the city of New Lenox. I just purchased a SFH that needs rehab work. Repairs are as follows:Kitchen2 BathroomsFlooring throughoutMinor... View more
Wanted to Install new Vent fans in bathrooms
Hi All, I have 4 unit building in chicago and doesn't have vent fans in bathrooms. I see molds in bathrooms, so planning to install vent fans. Do you have any experiences/suggestions/price estimations. Can you plz... View more
Water running continuously at multi-unit?
Hi all,
I have a water issue for a 3 unit building that I purchased over the summer. I got a notice from the city that the water has been running continuously. When the water & trash bill came, the last bill... View more
2020 Chicago Association of Realtors Lease Form
Does anyone have access to this form they'd be willing to share? I found the 2019 version very easily but for some reason I can't seem to find the 2020 version on the CARE website. Thank you for any help!
25 Billion in Rental Assistance.
Hello Everyone,I know that Congress just recently passed legislation providing 25 billion in rental assistance. I know this is being given to individual states to disperse. For Illinois specifically, has anyone heard... View more
Tax adjustments after sale (Chicago area)
Hi, Chicago-area investors,As I move closer to buying my first multifamily, one thing I haven't been able to learn much about is property taxes. Specifically, how are they adjusted after a sale on the open market? My... View more
Chicago Coin Laundry questions
Coin Laundry questions! I am considering coin laundry in a multi-unit I am closing on . . . i have several questions I thought I'd source here in one post rather than rummaging thru the forums!
New or Used?Buy... View more