A 17-unit renovation maximizing rent through smart upgrades

REBLD walked the building pre-close to help shape the budget, scope, and layout strategy. The team delivered a phased renovation with in-unit laundry, mechanical upgrades, and smarter layouts—without full gutting—resulting in faster lease-up and stronger rents.

The Project

Consulting with the client and walking the entire building prior to closing, REBLD was able to help inform the clients’ model as-related to unit layouts and construction budget allowing the client to appropriately budget for the purchase and renovation.  This strategy helps create realistic expectations and usually results in a much more efficient project.  REBLD also largely assisted in the design and layout of the units in this multifamily 1960s value-add to help create a finished product that would earn ownership more rent with modern bathrooms and kitchens and added in-unit laundry.  The construction team was also able to stage the work in a way that allowed tenants to move in to the building prior to completion helping ownership recover costs as quickly as possible.

Unique aspects:

  • Added in-unit laundry and made mechanical upgrades without gutting the unit

  • New window openings for unit layout improvements

Project Type

Value add with mechanical upgrades

Location

East Andersonville

Units

17

Duration

8 Months

Cost

$1,100,000 ($65k-$70k/door)

See more of our work

A mixed-use redevelopment of the former Real World house

REBLD transformed the former MTV Real World House in Wicker Park into eight luxury rental apartments with a brand new commercial space at ground level.

Location

Wicker Park

Project Type

Mixed-use full gut

Duration

8 months

A full gut transformation of a dead basement into a beautiful 2 bedroom unit

As part of Chicago's expanding ADU program, REBLD relocated mechanicals, created new masonry openings, and coordinated heavy excavation and structural upgrades in an occupied building to turn a dead basement into a habitable 8th unit with modern amenities.

Location

Edgewater

Project Type

Full ADU build-out and 3 bathroom/kitchen upgrades

Duration

5 months

Ready to REBLD?
Get in touch.

Ready to REBLD?
Get in touch.

Ready to REBLD?
Get in touch.