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Remodel & Renovate in 60622 : Real Estate Advice

  • All99
  • Local Info6
  • Home Buying52
  • Home Selling8
  • Market Conditions1

Activity 83
Sun Jun 28, 2009
El Brant answered:
I have not seen any value differences between bathroom with a tub only vs shower only, either way it is a full bath. Could it cost you a sale two years from now? If the purchaser is one of those "calgone take me away" types, possibly. If they are die-hard shower only people, it could tilt the sale to your side. I would suggest that you redesign the bath the way you want it to be and focus more on the quality of the remodel than "what-if's". ... more
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Wed Jun 10, 2009
Inspector Michael J. Savage answered:
Depending on the ductwork that will be needed to adapt to the new furnace expect between $2500 and $3000. For a 40 gallon water heater figure $800-$1000. -Inspector Mike Savage
0 votes 1 answer Share Flag
Sat Jun 27, 2009
Scott Newman answered:
I would say that in this market probably 65-70% of what you paid for it and maybe even $0 depending on who the buyer is.

In a market like this people are looking for great deals and if you put the work in and add a deck I just don't see it being worth your time from a financial standpoint.

If you want to put the deck in for your own enjoyment they're great and will definitely bring you years of enjoyment. Just don't do it for the ROI.

Scott Newman
Newman Realty
... more
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Thu May 7, 2009
Wayne Beals answered:
Hello Crazy Mom,

I'll put on my general contractor hat here for a moment.

The difference is in the mechanical plumbing installed in the basement floor. Assuming your basement is below grade, the basement floor level is likely below the level of the sewer line that leaves the building to the public sewer system. In Chicago, plumbing codes will require that you install an ejector well (which is basically a basin in the basement floor) and pump in the basement. Plumbing fixtures in the basement will drain directly into the ejector well. The pump will move the waste water to the level above the city sewer line which will facilitate drainage. When this system is properly installed, it helps prevent basement flooding in the event of a sewer back up.

Also, you will have to run supply lines to the bath fixtures you will have installed. Because you are adding additional fixtures, the "fixture count" will increase. This fixture count determines the required size of the water main you will have to install to the building. If your are purchasing a new construction building, a pre planned basement bath would likely account for all of these factors. You may also have a ejector well in a new construction building. Check with your home inspector and a licensed plumber to get a handle on what would need to be done to add the bathroom in your specific circumstance.

The cost for a typical pluming "rough in" in the basement for a bath would typically be between $4000.00-$7500.00 depending on a bunch of factors. Increasing the size of the main starts at around $5500 and can go way up depending on your circumstances.

Best of Luck.
... more
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Thu Apr 30, 2009
Scott Newman answered:
Absolutely, I have a guy who just did my client's floors- start to finish- for around $1.20 a sq ft and did a great job. Shoot me an email and I'll pass along his info to you. newmanrealtychicago@gmail.com

Scott Newman
Newman Realty
... more
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Fri Apr 24, 2009
Evan Kane answered:
I have never walked into a house with painted brick were my buyers did not ask me "why would anyone paint brick." Additionally, it's not good for the brick.
0 votes 10 answers Share Flag
Fri Apr 3, 2009
Christopher Thomas answered:
Dear Elain,

I don't have any specific tips for you to employ, but I'd suggest checking the following:

http://www.greenhomeguide.com

http://www.ehow.com/how_2208907_more-energy-efficient-save-money.html

http://www.treehugger.com/

http://www.dsireusa.org/

http://www.energytaxincentives.org.

The last two may be particularly useful for you given that you are looking to make improvements in multiple states.

Whether or not you see your value immediately returned in the form of increased value in your home (that could immediately be realized as an increased sales price), you should see some significant potential reductions in your utility bills.

I personally switched out every incandescent light in my home to a CFL as soon as I purchased it. This is probably the easiest and fastest change that you could make. I know that saving 75% of the energy on 75% of the lights in my home (and there are probably between 80-100 lights unfortunately) has been helpful.

I also have a soft spot for http://www.sunrgi.com. I have not personally used their systems, but I have seen them demonstrated and they look really phenomenal. I'm not sure that they're producing their residential applications yet, but if they are jump on it. Good luck to you.

Sincerely,
Christopher Thomas
Broker Associate, Sudler Sotheby's International Realty
773-418-0640 (cell)
christopher.thomas@sothebysrealty.com
http://www.myagentchris.com
... more
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Thu Apr 29, 2010
Christine answered:
Absolutely. ABM Remodeling LLC, located at 2336 Hickory Str,Des Plaines IL,60018ABM Remodeling LLC, located at 2336 Hickory Str,Des Plaines IL,60018, 773-818-5639, ask for Alex Toshev. They were recommended to us and we used them to remodel a bath and they did a wonderful job at a reasonable price, and showed up on time and cleaned up after themselves so well each day. They were a pleasure to have in our home under difficult circumstances (critical bath out of commission). I recommended them to a neighbor who had them paint their entire condo and was really pleased. Now another condo neighbor is engaging them to do a total reconfiguration of their largest bath too, again at reasonable price, starting in May. We are using them again to repaint all windows in our home (we just got new windows installed). One principal has real aesthetic - he builds furniture too, and the other principal is a former physics teacher and he is very focused on the structural engineering aspects. Great team. Really responsible, really honest, and great personalities. ... more
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Tue Jan 27, 2009
Eric Marcus answered:
Contact Bob Reisinger at 773-699-8800. Tell him I sent you and he'll take good care of you.
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Tue Jan 27, 2009
Ashley Pincus answered:
The process of winterizing a property is very important and should only be trusted to someone who absolutely knows what they're doing. The company I use actually handles all this type of work for Countrywide throughout the entire Chicagoland area. I would be happy to get you in touch with him. The total fees, including having the water turned off at the street level, run around $300.

Scott Newman
Newman Realty
... more
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Sun Aug 25, 2013
Jillian Mason answered:
There's no exact formula for what you put into the remodel and what you get back. Kitchens and bathrooms of course get you about 90% back of the money you invested. A finished basement can be very costly so you might only see 50-60% return on your money. Recessed lights are always a bonus for resale, but will not be high on return. If you plan to rent the basement out for a few years, then I think it will be worth it in the long run. Just do your research first and be sure to plan it all out before starting. Good luck Emma!

Jillian Mason
Direct: 732-586-5488
E-Mail: jillian@jillianmason.com
... more
0 votes 4 answers Share Flag
Mon Dec 29, 2008
Lisa Schade answered:
Hi Emma-
Yes, there is a formula, and I can send you an estimate of upgrades and their rate of retention.

Depending on exactly where your mom's home is, and what condition it is curently in, will determine, what will make it rentable.

Please feel free to contact me directly to discuss this further.
Thanks,
Lisa
847-828-5355
... more
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Sat Dec 20, 2008
Wayne Beals answered:
Contact Tom at Mastercraft Construction. He is a City of Chicago Licensed GC. He does great work, is honest and reasonable. I do consulting work for his porch replacement company, Chicago Porch Authority.

His number is 312-808-0460.
... more
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Tue Feb 16, 2010
Wayne Beals answered:
Curtis,

I am familiar with your property, but have never been inside. How far along is the construction?

You can reply directly to me by email if you'd like.
0 votes 3 answers Share Flag
Tue Aug 19, 2008
Jim Roth answered:
Susan - I think you need a contractor - size and design will determine the cost estimate..let me know if you what some contractor referrals.
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Wed Aug 20, 2008
Scott Godzyk answered:
Usually you can only pave an an area that is considered a curb cut, i would contact your city hall and ask them what the setbacks are, if you giove your name and address you have just red flagged yourself. expanding a parking area or driveway you already have would be easier and bring less attention. goo d luck ... more
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Wed Nov 12, 2014
Eric Marcus answered:
Jason,

You need to speak to a real estate attorney right away. I use Nick Jakubco at Jakubco, Richards and Jakubco. He may be able to walk you through your options.

Do not ignore the request. You don't want to mess with the city of Chicago.

Best of luck, Eric
... more
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Sun Feb 23, 2014
Lucy Perna answered:
David

You would have to pull a building permit in order to build a garage in Chicago. I would recommend you go to the city of Chicago web-site: http://egov.cityofchicago.org and do a search on building permits. You can always call and ask as well. Good luck.

Lucy Perna
Coldwell Banker Residential
... more
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Wed Sep 22, 2010
Tino Martinez answered:
Keith- the Prices are right for purchasing, however they are also NOT right for selling. Good rull of thumb- Purchase price plus cost to rehab should net you 20% in a quick sale. Selling is tough right now, so if you can purchase plus rehab costs at 20% below and wait 3 years to sell you should be fine as long as you can rent it to cover the monthly costs It will be a good investment. ... more
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Wed Aug 6, 2008
Marie Skopis answered:
http://www.ornl.gov/sci/roofs+walls/insulation/ins_16.html

Marie Skopis
Dumas& Associates Realty Inc.
773-704-2236
skopis@hotmail.com
0 votes 2 answers Share Flag
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