Investor & Multi-Unit
Renovation
Chicago's two-flat, three-flat, and multi-unit building stock is one of the city's greatest assets — and one of its most demanding renovation challenges. We work with landlords and real estate investors to renovate, reposition, and maintain income-producing properties across Chicagoland.
Chicago’s Trusted
Investor Renovation Contractor
Investor clients need a contractor who understands the economics — not just the construction. We scope work to maximize ROI, sequence projects to minimize vacancy, and deliver on budget and on schedule because your holding costs don't pause for delays. Lee & Sam is a licensed general contractor serving Chicago, the suburbs, and Northwest Indiana.
Our team brings 25+ years of multi-unit construction expertise to every investor project. We've renovated two-flats, three-flats, greystone buildings, and mixed-use properties across Chicago's most in-demand neighborhoods.
We build for the investor playbooks by name: fix-and-flip, BRRRR, buy-and-hold, and 2–4 unit value-add. Every estimate is a written line-item scope with explicit contingency — open-book numbers a lender can underwrite, not a lump sum — and our progress-based invoicing lines up with rehab-loan draw schedules. Before you close on a property, we’ll walk it with you and flag what the listing photos don’t show: the shared stacks, the knob-and-tube, the open violations that block permits. And you can pressure-test any deal first with our free Chicago deal analyzer — cash-on-cash, cap rate, and DSCR from your actual purchase, rehab, and rent numbers.
Serving all 55 Chicago neighborhoods — from Lincoln Park to Hyde Park — plus the North Shore, Western and South suburbs, and Northwest Indiana.
Every Investor Service
We Offer
Two-Flat & Three-Flat Renovation
Full unit renovations for Chicago's iconic two-flat and three-flat buildings — kitchens, bathrooms, flooring, mechanical systems, and exterior all coordinated under one scope.
Unit Turnover & Make-Ready
Between-tenant renovation and make-ready services — paint, flooring, appliances, repairs, and cleaning completed quickly to minimize your vacancy window.
Value-Add Renovations
Strategic renovations designed to maximize rent premiums and property value — kitchen and bath updates, in-unit laundry installation, and building system upgrades with clear ROI.
Greystone & Vintage Building Restoration
Chicago greystone and masonry building renovation — exterior restoration, unit updates, common area improvements, and mechanical system upgrades.
Building Systems & Mechanicals
Boiler replacements, electrical panel upgrades, plumbing stack repairs, and other building-wide mechanical projects that protect your investment and keep tenants comfortable.
Permits & Code Compliance
We handle all permitting and ensure your building meets current code requirements — critical for investor properties where code violations can block sales and refinancing.
Our Investor Renovation
Process
Property Walk & Scope
We walk every unit and all common areas, identify renovation needs, and develop a phased scope that balances renovation quality with your investment timeline and budget.
Phased Planning
We sequence work to keep occupied units undisturbed where possible — renovating vacant units first, then sequencing remaining units as tenants turn over.
Execution
Our crew moves efficiently through units, coordinating all trades to minimize disruption and vacancy time. We provide weekly progress updates and photos throughout.
Close-Out & Documentation
We provide complete close-out documentation including all permits, inspection sign-offs, and warranty information — everything you need for your records, lender, or eventual sale.
Investor Renovation Across
Chicago & Chicagoland
Investor Projects
Across Chicago
Investor Renovation
FAQs
Have more questions? We're happy to walk your property and discuss your investment goals.
Call Us NowYes — we work with investors at all experience levels. For first-time investors, we provide additional guidance on scope, budget, and timeline so you can make informed decisions about your renovation strategy.
Yes — we regularly work in occupied buildings, coordinating work hours and access with existing tenants to minimize disruption while keeping the renovation moving.
Yes — we identify existing code violations during our property walk and include remediation in our scope. Clearing violations before listing or refinancing is critical, and we handle the full process.
We staff multi-unit projects with dedicated crews for each unit where budget allows — minimizing total vacancy time across the building. We also provide phased plans that spread renovation cost across your leasing cycle.
We work across all of Chicago and Chicagoland. We have particular experience in Logan Square, Pilsen, Bridgeport, Humboldt Park, South Shore, Woodlawn, Avondale, and other neighborhoods with strong two-flat and three-flat stock.
Yes — it is the core of our investor work. We scope to rental-grade or retail-grade specs depending on your exit, quote every project as a line-item scope your lender can underwrite against, and sequence the work to minimize your holding period. Run your numbers through our free deal analyzer before you commit — cash-on-cash, cap rate, and DSCR from a real rehab budget.
Ready to Start Your
Investor Renovation Project?
Get a free, detailed estimate from Chicago's trusted investor renovation contractor.