What Home Improvements Deliver the Best ROI in Chicago Right Now

What Home Improvements Deliver the Best ROI in Chicago Right Now

In today’s Chicago real estate market, homeowners are more strategic than ever about where they invest in their homes. Whether you’re preparing to sell or simply planning ahead, it’s not about remodeling for the sake of style — it’s about choosing updates that enhance both everyday living and long-term return.

Buyer expectations have evolved. Design, efficiency, and lifestyle all play a role in value — and certain projects consistently deliver stronger results.

Even with steady prices and stable demand across much of Chicagoland, not all upgrades deliver equal value. Projects that combine livability, efficiency, and market relevance continue to outperform purely aesthetic improvements.

Recent local data shows:

  • Midrange kitchen and bath updates are averaging 60–70% ROI, with premium finishes often yielding more in high-demand neighborhoods.

  • Energy-efficient improvements and smart-home upgrades are shortening days on market for luxury listings.

  • Outdoor and curb-appeal upgrades remain a leading factor in first impressions and appraisal performance.

The message is simple: thoughtful improvements — not necessarily large-scale renovations — are what add measurable value right now.

Chicago’s Best-Performing Upgrades for ROI in 2025

Here are the projects that continue to perform strongest across the luxury and upper-tier market.

1. Kitchen Refresh with Modern Functionality

Kitchens remain the heartbeat of Chicago homes. Buyers prioritize flow, quality, and timeless design over flashy trends.

What works: Streamlined layouts, quartz or stone surfaces, integrated lighting, and high-performance appliances that balance form and efficiency.
ROI insight: Locally, modest to mid-range kitchen remodels can return up to 70%, where lifestyle and entertaining spaces are key.
Pro tip: If your kitchen is already well designed, focus on refinishing cabinetry or updating surfaces, not reconfiguring the entire footprint.

2. Spa-Level Bathrooms and Wellness Features

Luxury buyers are increasingly looking for comfort-driven, hotel-like spaces. Steam showers, radiant heat, and layered lighting create daily value — and appeal to future buyers.

What works: Heated floors, freestanding tubs, natural stone, smart mirrors, and voice-activated lighting or climate control.
ROI insight: Bathroom remodels typically bring 65%+ returns when done tastefully.

Pro tip: For pre-war homes, modernize plumbing and layout subtly to preserve architectural integrity while adding spa-level convenience.

3. Smart Home + Energy Efficiency Upgrades

In a city with cold winters and hot summers, energy performance now ranks among top buyer priorities.

What works: Smart thermostats, upgraded HVAC, EV-ready wiring, triple-pane windows, improved insulation, and full-home automation for lighting and security.
ROI insight: While direct resale return can vary, homes with efficient systems and smart integrations sell faster and with stronger perceived value across Chicago’s luxury tiers.
Pro tip: Focus on integration, not gadgetry — seamless systems built into design earn the highest buyer trust.

4. Curb Appeal and Outdoor Living Enhancements

Outdoor upgrades aren’t just for summer anymore. Buyers want usable, beautiful exterior spaces year-round — from heated terraces to fire-pit courtyards.

What works: Refreshed entryways, upgraded lighting, manicured landscaping, durable decking, and multi-season outdoor kitchens.
ROI insight: Well-planned curb appeal updates can deliver up to 90% ROI and significantly strengthen first impressions during listing.
Pro tip: In urban neighborhoods like River North or West Loop, maximize limited outdoor square footage with vertical landscaping or retractable glass walls connecting indoor and outdoor spaces.

5. Functional Space Planning + Built-In Storage

Usable space is one of the most undervalued assets in older Chicago homes. Buyers increasingly notice how homes live— not just how they look.

What works: Custom closets, built-in office nooks, wall-integrated shelving, soundproofing for hybrid work setups.
ROI insight: These improvements rarely top resale charts numerically, but they differentiate listings and increase perceived value — especially for busy professionals or families.
Pro tip: Design with subtlety; functionality should feel architectural, not add-on.

The Chicago Trend Line

Across Chicago luxury tier,, one consistent theme stands out: buyers are prioritizing turnkey quality. They’re willing to pay a premium for homes that feel complete — with updated systems, balanced design, and low maintenance for the next decade.

That means well-planned updates today can serve two goals: enhancing your lifestyle now and positioning your property for stronger resale value later.

Nowadays, the smartest home improvements aren’t about keeping up with trends — they’re about anticipating what buyers will value next. From refined kitchens and spa-level baths to efficient systems and functional design, investing strategically pays off in both satisfaction and return.

If you’re considering a remodel or simply want to understand which upgrades will have the biggest impact on your home’s value, let’s connect. I’ll help you identify the improvements that matter most for your property, your neighborhood, and your next move.

Whether you’re preparing to sell soon or simply curious about your home’s value, the first step is a personalized valuation.

 

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With a reputation synonymous with success, Phil is intimately familiar with buyers' and sellers' needs and has the experience to succeed in any real estate transaction.

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