The previous owner added an unpermitted bathroom to the downstairs and this small storage room (walls and a door were put up).

I recently added a micro half bathroom to a little unit.  

At one point a plumber checking a toilet leak identified subfloor damage requiring the bathroom floor to be taken up and repaired.

As someone who grew up with his mom cooking drugs in the bathroom (wow...

Craigslist, Zillow, local property mgmt company, etc) because not one of these sources by themselves is entirely accurate.Specifically, with regards to Rentometer, keep in mind that it does not even factor in how many bathrooms a home has, the condition of the home, size of the home, or even type of home (apt vs SFR).

Wife and I are late 30s with two little kids and the $5k could fix both bathrooms in the rental we want to sell.

Per the link below, I'm seeing that in a "sleeping space" that the ceilings are permitted to be 7' (or less, for a bathroom):https://www.map-strategies.com...However, the chicago code says the height should be 7' 6":https://chicagocode.org/13-64-....So which is it?

The next stage would be to install sheetrock on walls and ceiling, waterproof bathroom walls and install tiles, finished flooring, new kitchen cabinets and appliance, install bathroom fixtures.The problem is time. 

I've converted the laundry room into a bathroom and can easily add 2-3 more bedrooms if needed, but not sure I want to go that route.

Eliminate all popcorn ceilings, repaint everything, new flooring throughout, renovate bathrooms, add a bathroom, renovate the kitchen, improve outdoor living, improve curb appeal, and believe it or not, make the garage exceptionally nice.