Tag Archives: bedrooms

Chicago Real Estate Statistics: Extra Bedroom vs Extra Bathroom in Apartments

Photo of a Chicago Bathroom (via Apartmenttherapy.com/Bungalowtile.com)

The most expensive room in the house?

One of the awesome things about writing a real estate blog is that I have an excuse to look up all kinds of awesome statistics and play around with charting software. You guys seem to like it too - my surveys of Bedroom sizes in Chicago Apartments and Pet Rent Rates in Chicago Apartments  are the most popular posts in this blog to date.

Towards the end of last year I was getting a lot of questions from landlords about how to best renovate their rental properties to maximize their income. So I did a bunch of research. (They didn't have to twist my arm too hard.) I've expanded the results for you here.

The difference in price when you add a bedroom was - pretty much as expected - rent went up at a consistent rate for each additional bedroom.

It was when I went to investigate the difference in price for extra bathrooms that my jaw hit the floor. (more…)

Chicago Real Estate Statistics: Bedroom sizes in Chicago Apartments

Stack of mattresses showing comparative sizes

My, what a large mattress you've got!

Queen and King size beds were invented in the late 1950's. Before that time, a full size mattress was the largest you could purchase. According to City Data, the median construction date for houses in Chicago is 1949, and for apartments it's 1944. This means that the vast majority of the housing stock for both home buyers and renters was not built to house modern mattresses, let alone large beds with frames that extend beyond the mattress boundaries.

While some homeowners and landlords in Chicago have rearranged walls and in many cases, re-purposed old dining rooms into additional bedrooms with the addition of doors and closets, it certainly feels like most north side bedrooms will only fit a twin bed, or at most, a full size mattress.  I decided to do some analysis and see if this is true.

For each of the charts below, I used a benchmark of four times the area of each standard mattress size as a "comfortable fit." So, for a bedroom to comfortably hold a twin bed, it had to be at least 101 square feet. For a full, at least 110 sq ft. For a king size bed, it had to  be 171 square feet or more. (more…)