Illinois Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Gut rehab in Chicago
Is there a generic calculation to guestimate the price of a gut rehab in chicago? Location doesn't matter (or does it?) Not talking lincoln park or downtown nor am I talking Englewood either. Im talking about a legal frame 3 flat right about here (hit the red check in thingy on facebook) Just looking for that "average" number
My definition of a gut rehab is worst case scenario from top to bottom from roof to basement and removing 90% of the property down to the framing, building everything back up and replacing everything.