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All Forum Posts by: David Clarke

David Clarke has started 3 posts and replied 5 times.

Post: Cost to finish gut rehab?

David ClarkePosted
  • Chicago, IL
  • Posts 5
  • Votes 0

@Robert Leach @Robert Los Thank you both for chiming in! Given the size of the house, It looks like you all are in the same range (over 200k). 

Post: Cost to finish gut rehab?

David ClarkePosted
  • Chicago, IL
  • Posts 5
  • Votes 0

@Brian Widdis There are currently 1.5 baths. Full bath on the 2nd floor, Half bath on 1st floor. 

And i mentioned that i want to add 2 more (one in master bedroom, another in the attic).

I was looking into pex but based on my research, Chicago building code does not allow it(yet). 

Post: Cost to finish gutted house?

David ClarkePosted
  • Chicago, IL
  • Posts 5
  • Votes 0

I'm looking at a 100+ year old,~2500 sqft house, 2 stories with unfinished attic and basement. The home has been completely gutted down to the studs. I'm wondering how much it would cost to finish the job?

  • Variables:
    • The windows have all been replaced, as has the roof.
    • The siding has been removed, I would replace it with fiber cement (vinyl would look ridiculous in the neighborhood)
    • The floors have original the hardwood. About half would need to be replaced(with midgrade hardwood, the rest of it can simply be refinished.
    • The basement has a dirt floor, I'd like to have concrete poured down there, but wont do anything else at this time (there are windows and a back door to pour/bring in cement)
    • I'd like to finish the attic and add a bathroom. (for my mother)
    • Add master bathroom on second floor (would be placed directly above the kitchen and across the hall from another bathroom)
    • All new systems (2 Zone HVAC, Plumbing (copper pipes), and electrical)
    • I intend to use Spray foam insulation
    • The entire house would use low-mid tier materials with certain splurges(hardwood, kitchen cabinets)
    • This will not be a rental, I'd live here.

I'm aware that it is hard to quote without seeing a property, but i'm really asking for a close ballpark estimate. I've gotten a few quotes from local contractors and they have ranged from 120k to close to 220k. I'd just like to know what you would pay/charge for a similar project in your respective markets.

Thanks!

Post: Cost to finish gut rehab?

David ClarkePosted
  • Chicago, IL
  • Posts 5
  • Votes 0

I'm looking at a 100+ year old,~2500 sqft house, 2 stories with unfinished attic and basement. The home has been completely gutted down to the studs.  I'm wondering how much it would cost to finish the job?

  • Variables:
    • The windows have all been replaced, as has the roof. 
    • The siding has been removed, I would replace it with fiber cement (vinyl would look ridiculous in the neighborhood)
    • The floors have original the hardwood. About half would need to be replaced(with midgrade hardwood, the rest of it can simply be refinished. 
    • The basement has a dirt floor, I'd like to have concrete poured down there, but wont do anything else at this time (there are windows and a back door to pour/bring in cement)
    • I'd like to finish the attic and add a bathroom. (for my mother)
    • Add master bathroom on second floor (would be placed directly above the kitchen and across the hall from another bathroom)
    • All new systems (2 Zone HVAC, Plumbing (copper pipes), and electrical)
    • I intend to use Spray foam insulation
    • The entire house would use low-mid tier materials with certain splurges(hardwood, kitchen cabinets)
    • This will not be a rental, I'd live here. 

I'm aware that it is hard to quote without seeing a property, but i'm really asking for a close ballpark estimate. I've gotten a few quotes from local contractors and they have ranged from 120k to close to 220k. I'd just like to know what you would pay/charge for similar in your respective markets. 

Thanks!

Planning to invest in my first property this year.

I’ve identified quite a few potential properties. Some of which I’ve discovered are owned by the city of Chicago. I have looked into the process and while it is time consuming. It’s not too costly. And it could be quite rewarding.

I’m wondering if anyone has had experience (good or bad) buying property from the city of Chicago (or any municipality).