A full-scale, seven-unit multifamily renovation driven by a strategic plan
REBLD walked the building and advised on the construction strategy and cost before the client made the investment. What followed was a strategic plan that aligned with leasing goals: for REBLD to deliver the first model unit by March 8. The result? All seven units rented by May 1 — at full asking price.
The Project
REBLD converted this historic three-flat near Chicago’s lakefront into seven units in less than seven months. Allowing the building to be fully-leased up prior to completion of construction. Fully-gutting the existing condition down to the brick, the team breathed new life in to this early 1900s building with custom condo-quality finishes, all new mechanicals, windows, roof, porch and an added garage roof deck. The result is a stunning upgrade to the building that continues to pay respect to its historical details by incorporating design elements like custom curved windows, original clay tile roofing, and renovation of the original portico.
Unique Aspects
Existing three-unit converted to seven
Curved custom windows
Third-floor penthouse with custom kitchen and mechanically-operated skylights
Garage re-build with custom roof deck
Custom landscaping with dog park
Custom bike rack
Challenges
Single point of entry to six of seven units
Finishing units to market prior to completion of construction
Aggressive schedule
Project Type
Full gut with condo-quality finishes
Location
East Andersonville
Units
7
Duration
7 Months
Cost
$2,000,000 ($300k-$305k/door)
Completed Project
Process
See more of our work
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.
Location
East Andersonville
Project Type
Value add with mechanical upgrades
Duration
8 Months
A tiered, in-place renovation of a 1960s multifamily property
REBLD renovated this 1960s multifamily building under occupied conditions, working tier by tier to maintain cash flow. Collaborating early with ownership, they optimized layouts for better rents. The result: modern, functional rentals with new kitchens and baths.
Location
Rogers Park
Project Type
Value add with mechanical upgrades
Duration
12 Months