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Updated about 5 years ago on . Most recent reply

User Stats

30
Posts
12
Votes
Andrii Okipnyi
  • Real Estate Professional
  • Prospect Heights, IL
12
Votes |
30
Posts

3-4 unit building utility bills in Chicago

Andrii Okipnyi
  • Real Estate Professional
  • Prospect Heights, IL
Posted

Hello community of Chicago!

Please share your experience

What would typical water/garbage/gas bills look like for 3-4 unit multi family building in Chicago / Cook County / Illinois?

Thank you for your time!

Most Popular Reply

User Stats

37
Posts
6
Votes
Joe Santiago
  • Rental Property Investor
  • Addison, IL
6
Votes |
37
Posts
Joe Santiago
  • Rental Property Investor
  • Addison, IL
Replied

I have a 4 unit in Dupage county. I pay about 150/m for water/sewer/trash. Units are 2 bed 1 bath 850sqft. I also pay for heated water for all 4 units and that gas bill is around $50/m. So I pay about $200/m in utilities. I split the gas lines to their individual furnaces in order to bill the tenants directly for their gas usage and I know they pay around $50 for their gas. So if you were going to pay water/sewer/trash/gas for the whole building,you could probably estimate around +$400/m. I don't know how much of a difference cook county is than Dupage when it comes to utilities but I would assume its in the same ball park. It also depends on what type of heating system you have. It seems like you have a 1 central system that feeds all the units so you're heating price might be different. I have 4 separate furnaces and one central hot water tank. Let me know if that makes sense. I apologize for a any typing/grammatical errors, I am responding from a cell phone. 

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