#1 Chicago General Contracting Contractor: Pegasus Construction

Full Home Renovation

Gut Rehab in Chicago

Strip it to the studs. Rebuild it right. Pegasus Construction manages complete gut rehabilitations in Chicago — from demolition through finishes — under one contractor.

Chicago Gut Rehabs Done Right

From Studs to Move-In Ready

A Complete Gut Rehab, Managed Start to Finish

A gut rehab is the most comprehensive renovation you can do — tearing a home down to bare studs and rebuilding everything: plumbing, electrical, HVAC, insulation, drywall, flooring, kitchen, bathrooms, and trim. It’s the right move when a property is too far gone for cosmetic fixes, or when you want it done right once and not again for decades.

Pegasus Construction has been managing full gut rehabs across Chicago for over 20 years. We handle the whole job — permits, subs, inspections, and every trade — so you have one point of contact from demo day to final walkthrough.

Sound Familiar?

Signs It’s Time for a Gut Rehab

What We Do

Full Gut Renovation, Start to Finish

Everything Comes Out, Everything Gets Done Right

We manage the entire gut rehab from first demo swing to final punch list. That means pulling every permit, scheduling every sub, passing every inspection, and delivering a finished home you can move into — without you needing to manage six different contractors.

Our crews have worked inside hundreds of Chicago’s older homes: two-flats, greystones, bungalows, and coach houses. We know what’s behind those walls before we open them, and we know how to handle whatever we find.

Gut Rehab Services

What’s Included in a Full Gut Rehab

Every full gut rehab we complete covers these three core phases. Each is permitted, inspected, and built to code.

Demo & Rough Work

Complete interior demolition — walls, ceilings, flooring, and old fixtures. We strip it down to studs and concrete, haul everything away, and prepare a clean slate for the rebuild.

Mechanical Systems

New plumbing rough-in, updated electrical panel and wiring throughout, and HVAC ductwork or radiant heat — all permitted and inspected by the City of Chicago.

Finishes & Final Build-Out

Insulation, drywall, flooring, kitchen and bath installs, trim, interior doors, and paint — we carry the job all the way to move-in ready.

Chicago Through & Through

Gut Rehabs for Chicago’s Older Housing Stock

We Know Chicago’s Pre-War Buildings

Two-flats, greystones, and Chicago bungalows built before 1950 come with knob-and-tube wiring, galvanized pipes, no insulation, and plaster walls. We’ve opened up hundreds of these homes and know exactly what to expect — and how to bring them up to current code without losing the character that makes them worth saving.

Investor or Owner-Occupied

Whether you’re flipping a two-flat or renovating the home you’re staying in, we work around your situation. For occupied multi-units, we phase the work one unit at a time so you keep rental income rolling while we renovate.

Permits & Chicago Building Code

Full gut rehabs require multiple permits in Chicago — structural, plumbing, electrical, and mechanical. We pull every permit and schedule every required inspection, so your renovation is legal, on record, and done right.

Neighborhoods We Serve

We work across Chicago — Logan Square, Pilsen, Bridgeport, Humboldt Park, Avondale, Beverly, Garfield Park, Woodlawn, and more — wherever Chicago’s older housing stock needs new life.

20+

Years Serving Chicago

500+

Projects Completed

4.7★

15 Google Reviews

Licensed, Bonded & Insured

How To Get Started

Our Simple Three-Step Plan

1

Schedule a Walkthrough

Call or fill out our form. We’ll set up a free, no-pressure walkthrough to see what the job involves and answer all your questions on the spot.

2

Design & Scope

We build a detailed scope of work and give you a clear, itemized estimate — no guesswork, no surprise add-ons once work starts.

3

We Build It

Our crew handles everything from demo to final punch list — one team, one point of contact, start to finish.

Explore Related Services

More Ways Pegasus Can Help

Kitchen Remodeling

Full kitchen gut and rebuild — cabinetry, countertops, appliances, and layout changes done right.

Bathroom Remodeling

Complete bathroom overhauls — new tile, vanity, shower, plumbing, and lighting.

Room Additions

Expand your footprint with a new room, second story, or in-law suite.

Roof Replacement

Full tear-off and re-roof when your gut rehab uncovers a failing roof deck or aging shingles.

Exterior Remodeling

Siding, windows, and exterior work to complement your newly renovated interior.

Our Projects

Browse completed gut rehabs and full renovations across Chicago.

Financing Available

Affordable Gut Rehabs, Flexible Payments

Full gut rehabs are a major investment. Our financing options spread the cost over time with low rates and friendly loan consultants — so you can start the project now and pay on a schedule that works for you.

Good Questions

Gut Rehab FAQs

How long does a gut rehab take?

A complete gut rehab in Chicago typically takes 3–6 months depending on size, scope, and permit timing. A single unit gut rehab often runs 10–14 weeks. We give you a detailed timeline before any work starts.

Do I need to move out during a gut rehab?

For a full gut of a single-family home, yes — the home isn’t livable during demo and rough-in work. For a two-flat, we can renovate one unit at a time so you stay in the other and maintain rental income during construction.

How much does a gut rehab cost in Chicago?

Most full gut rehabs in Chicago run $80–$150 per square foot depending on finishes, scope, and what we find once we open the walls. We give you a detailed, itemized estimate before any commitment.

Do you handle all the permits?

Yes. A full gut rehab requires multiple permits in Chicago — structural, plumbing, electrical, and mechanical. We pull every permit and schedule every required City inspection so your job is fully legal and on record.

What’s actually included in a gut rehab?

Demo and debris removal, framing repairs, rough plumbing and electrical, HVAC, insulation, drywall, flooring, kitchen and bath installs, trim, interior doors, and paint. We take it from bare studs to move-in ready.

Can you work on a Chicago two-flat or greystone?

Yes — that’s a large part of what we do. Pre-war Chicago buildings have unique challenges: old knob-and-tube wiring, galvanized pipes, plaster walls, no insulation. We’ve worked on hundreds of them and know exactly what to expect.

Do you do design-build, or do I need an architect?

For most gut rehabs, we can design-build — we handle layout decisions, material selections, and permit drawings in-house. For larger structural changes or additions, we’ll bring in a licensed architect and coordinate the whole process.

How do I get started?

Call 773-377-4898 or fill out our estimate form. We’ll schedule a free walkthrough and walk you through the full scope before anything starts.

Ready to Gut Your Home and Start Fresh?

Get a free walkthrough from Pegasus Construction and find out exactly what a full gut rehab would look like for your home.

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