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Chicago — Tier-1 Pillar

Chicago Condo + 2-Flat Gut — Board Approval, Vintage Systems, Stack Work

Chicago condo and 2-flat gut reality. Condo board Alteration Agreement, vintage cast-iron stacks, pre-WWII knob-and-tube electrical removal, radiator-to-HVAC conversion, CDOB Standard Plan, pre-1978 lead-safe. $130K-$450K typical.

~1 min read·Updated 2026-04-23

Chicago's residential landscape is 2-flats, 3-flats, 4+unit walkups, and mid-century + modern condos. Pre-war Lakeview, Lincoln Park, and Wicker Park buildings carry 90+ years of plumbing stacks, knob-and-tube electrical, and radiator heat. Gut renovations typically include cast-iron stack replacement, full electrical re-wire, and radiator-to-forced-air or VRF conversion.

AskBaily routes Chicago condo and 2-flat guts to one BACP-registered GC with IL-licensed MEP subs and experience with the specific building type (pre-war 3-flat vs mid-century condo vs modern high-rise).

What a Chicago gut involves

  • Condo board Alteration Agreement — 4-10 weeks typical.
  • CDOB Standard Plan Review — 12-26 weeks.
  • Cast-iron stack replacement budget if pre-1930.
  • Knob-and-tube removal if pre-WWII — required by Chicago electrical code.
  • Radiator-to-HVAC conversion — typical in modern gut scope.
  • IL State Plumbing License + Chicago Electrical Contractor registration.

Frequently asked questions

Do I need board approval for a Chicago condo gut? Yes — virtually all Chicago condo associations require Alteration Agreement before CDOB permit. 2-flats owned by single owner typically don't — but 2-flat-owned-as-condo does.

What's the cost of knob-and-tube removal in Chicago? For a pre-war 3-flat apartment: $12K-$28K for full re-wire, varies with panel location and access.

How much does a Chicago condo gut cost? Mid-tier Lincoln Park or Lakeview 2BR: $130K-$280K. High-end Gold Coast or Astor Street: $320K-$650K. Vintage 3-flat apartment gut: $180K-$400K.

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Baily is named after Francis Baily — an English stockbroker who retired at 51, became an astronomer, and in 1836 described something on the edge of a solar eclipse that nobody had properly articulated before: a string of bright beads of sunlight breaking through the valleys along the moon’s rim.

He wasn’t the first to see them. Edmond Halley saw them in 1715 and barely noticed. Baily’s contribution was clarity — describing exactly what was happening, in plain language, so vividly that the whole field of astronomy paid attention. The phenomenon is still called Baily’s beads.

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