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Updated about 1 year ago on . Most recent reply

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Ethan Tramel
  • New to Real Estate
  • Chicago
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Chicago House Hacking

Ethan Tramel
  • New to Real Estate
  • Chicago
Posted

Hello, does anyone have any experience with house hacking in Chicago? I will be graduating college in May 2025 and would like to work/live in the city. I am considering buying a 2 bedroom condo near the loop and renting out the other bedroom. Would it still be worth it if I'm still having to pay around $1,500 a month to live there? Is house-hacking a condo in Chicago a feasible option to begin with? I'd love for any opinions and feedback!

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Connor O'Brien
  • Chicago, IL
84
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173
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Connor O'Brien
  • Chicago, IL
Replied

with an 1880s wood building (age of many 2 flat buildings) it’s not if you have rotted wood but where. for me it was a constant battle caulking/replacing windows spraying insulation to keep cold air out and conducting yearly termite inspections. you might still have some of these issues with brick buildings but you have more time (fix it this year as a opposed to right now) 

@Mark Ainley curious if you have any other anecdotal reasons why brick is better than wood- i know i’ve heard this come up on the podcast numerous times

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