I refinish steps to get close to the LVP finish.

Cheers,Dan Hello Dan,Congrats for taking the first steps to find your buy your first house.

It's like having a personal mentor guiding you every step of the way. 

And in condos, you can't differentiate so much with the other units in terms of amenities you offer.3) Regulations: first zoning need to allow STR, then the second step (if condo), is the HOA.

What’s my best next step? 

These are critical aspects that can influence not only your budget but also the overall feasibility of the project.However, if you’re looking for a lower-cost value add, turning the shed into a high-quality storage space could be a solid first step.

Thanks,Steve Hiltabiddle   OR WA CA OH IN GA NV AZ MO are states I participated in as a funder for court house steps sales.

Getting in touch with an investor friendly realtor would be the first step.

Having that vision is a great first step.

Hey @Ali Farhat - I think your first step is to see how many units the building is zoned for to see if "BY RIGHT" you can add a unit in the basement without the need to go through the ADU program.You can submit a zoning certificate to the city of Chicago to understand the current situation.