Case Study – Home Renovation of Chicago Condo – Interior work only – Chicago, IL
Project in Brief
HomeStyle Renovation Loan Program
Project Duration
3 months
Purchase Price
$287,000
Renovation Costs
$109,681
Total Loan Amount
$357,000
Home Size:
1527 Sq. FeetAppraised Value After Home Renovations Completed: $398,000
Overview:
Outdated, vacant Buena Vista condo sold in “as is” condition. Removed sections of interior kitchen walls and entrance to open up flow and floor plan. Updated stainless steel appliances, cabinets, granite counters and created new walk-in pantry. Created breakfast bar and entertainment bar area off of living room. Moved washer and dryer from guest bath and created a new opening in kitchen for stackable washer/dryer unit. Updated and renovated guest bath to include shower. Relocated existing master bedroom door to hallway entrance. All windows repaired per industry standards and local building codes. Updated woodwork, baseboards and crown molding. Hardwood floors installed throughout.
