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Updated about 9 years ago on . Most recent reply

User Stats

45
Posts
5
Votes
Adam Sporinsky
  • Investor
  • Chicago, IL
5
Votes |
45
Posts

Question about Water/Sewer/Garbage costs in Chicago

Adam Sporinsky
  • Investor
  • Chicago, IL
Posted

What do other investors typically pay for Water/Sewer/Garbage service annually for a property in Chicago.  I am specifically looking at 3 and 4 unit buildings, and I don't know how to accurately estimate these costs.  Does the area or neighborhood matter for these prices?

Are there other utility costs I should be including in addition to these?  The properties I look at all have tenant paid electric and gas.

Any help with this is appreciated.

Most Popular Reply

User Stats

710
Posts
200
Votes
John Weidner
  • Chicago, IL
200
Votes |
710
Posts
John Weidner
  • Chicago, IL
Replied

I average $40 a door for water/sewer but others average less.  I heard some say $20 but I've never seen those #'s maybe that is single occupancy and not families 

I haven't got a bill with Garbage added yet but I heard it would be $10 per month 

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