All Forum Posts by: Bradley A.

Looking for insight on whether or not repiping our Chicago three flat from galvanized to copper (PEX isn’t allowed) will add any significant resale value.

Repiping is on our less urgent list of necessary maintenance items - but it’s looking more and more like it’ll have to happen within the next five years, so we’re beginning to gather information on how new copper plumbing can impact resale value - if at all.

Appreciate any input - thanks!

Chicago area investors buying 2-flats -

There’s no shortage of classic Chicago 2-flats for sale around the city’s many neighborhoods, and if you’re willing & able to buy and renovate in a rougher area I can see how the finances may work, but I’m having loads of trouble making the numbers work in more desirable areas.

Are there any Chicago BP users buying 2-flats in areas like Wicker or Humboldt Park, Bucktown, the Milwaukee corridor up through Avondale, or West Town/Ukrainian Village?

The numbers seem way too tight for so many of these small, two unit buildings.

If you’re out there and willing to share, I’d love to hear your strategy or process for these properties.