Chicago with our multi-cultural collection of nationalities is often referred to as “The City of Broad Shoulders.” Well formed “communities” have been cited for geographic regions to highlight different areas of the massive population and square footage of the 3rd most populated city in the United States. From Andersonville to Wicker Park, Chicago boasts over 77 well-defined communities. Jefferson Park is a community well-known for it’s great geographic location as it’s a larger size, close to both expressways (I-90 and I-94) and a METRA/CTA Station for ease of public transportation (buses and trains), earning the nickname “Gateway to Chicago”.
Located on the outermost of city limits, Jefferson Park consists of a unique combination of single-family homes, multi-unit apartment buildings and commercial businesses. Each city block in Jefferson Park will on average consist of 18-20 lots and each of it’s value will directly affect value of the entire city block.
123 Remodeling is a company headquartered near Jefferson Park and has completed numerous home remodeling projects in the community. With each completed project, homeowner’s instantly see their R.O.I. (Return On Investment), with elevated property value resulting in overall rise in value for the entire residential city block thus building value in the community.
The Jefferson Park Complete Gut Rehab can be seen in full detail at http://123remodeling.com/project-gallery/gut-rehabs/jefferson-park-gut-rehab/ and showcases from start to finish the entire process of a complete gut rehab project in the Jefferson Park community. 123 Remodeling took this run-down corner lot property which was sold as a “foreclosed” property and raised the value of the property from $145k to a current market value of $575k.
Details of the Complete Gut Rehab project
- Exterior Remodeling – re-structure base, new roofing and insulation, window and door replacement, vinyl siding replacement, wooden fencing and fresh coat of paint
- First floor unit – conversion of commercial first floor space into 3 bedroom / 1.5 bathroom, new kitchen, in-unit washer/dryer, new flooring and lighting throughout
- Second floor unit – conversion of space into a 3 bedroom / 2 bathroom, new kitchen, water-proof and new basement, re-framed/drywall of attic space, in-unit washer/dryer, new flooring and lighting throughout
- Attic, Basement, Stairways – complete new installation
Exterior Remodeling – re-structure base, new roofing and insulation, window and door replacement, vinyl siding replacement, wooden fencing and fresh coat of paint
Front of building
Rear of building
Stairway – front
The R.O.I. was seen in a 10 month turnaround time with thousands of man hours and tens of thousands of dollars of materials to build the net value of over $400k instantly raising the value on average of the Jefferson Park’s city block. Once an eyesore and detriment to the area, the property now a gleaming 2-unit residential building with completely renovated garage, basement, attic and stairways, as a means raising the value of the Jefferson Park community and Building Chicago Communities. Click here for project details.
If you would like a free consultation to discuss your next remodeling project and you live within our service area, contact us at 773-685-6095 or fill out our online form. We look forward to meeting you.