R2, R3, R4, R5 — do you know the difference?
Most Chicago investors glance at zoning and move on. Big mistake.
R2, R3, R4, R5 — do you know the difference?
Most Chicago investors glance at zoning and move on. Big mistake.
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The difference between R3 and R4? One lets you have a single-family home. The other lets you have three units by right — no alderman approval needed.
Same lot size. Completely different investment.
In this episode, Tom and I break down what R2 through R5 actually mean, how FAR limits what you can build, and why R4 is the sweet spot for house hackers and small multifamily investors.
Listen: How to Take Advantage of the Different Zoning Labels in Chicago →
Talk Soon
Mark Investor | Property Manager | **Straight Up Chicago Investor Podcast**
P.S. Want the quick reference version? Download our zoning cheat sheet →
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