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Each option has its pros and cons, and I'm hoping to get some insights from this community to make a more informed decision.Option 1: Building an ADUPros:Increased Property Value: An ADU can significantly increase the value of my primary residence.Control and Proximity: I can closely manage and maintain the property since it's on my land.Potential for Higher Rent: ADUs in bay area can fetch a good rental price.Flexible Use: ADUs can serve multiple purposes – home office, guest house, or rental unit.No Additional Land Purchase: Utilizing existing property means no extra cost for land acquisition.Foundation improvements: I will get an upgrade for my foundation which increase house stability.

Abating the odor (tobacco and Marijuana) is costly and time consuming. 

Unless the seller is willing to finance more of the property, you will likely have to put in 20% plus the rehab costs.

Are there alternative ways to do this that are more hands free for me but still effective? 

Just so you have a frame of reference the cost of a 1031 Exchange is typically around $1,200.

This likely would come close to the cost of a ground up 3/2 ADU addition which is rare.  

This change is significant for the financial feasibility of ADU construction in Chicago since water service costs can be more easily justified when collecting rents from two additional unit.Also proposes to allow larger units and to allow ADU construction in any zoning designation.

I'm trying to keep costs low while providing value and so I'm doing some shopping around.  

It also allows to finance the rehab cost into the purchase price.