Expert New Construction Services in Chicago
Custom Home Builder Crafting Your Dream Home from the Ground Up
Trusted Home Builder for New Construction in Chicago
Custom New Homes Designed and Built for You
As a premier Home Builder in Chicago, Pegasus Construction specializes in new construction projects tailored to your lifestyle and needs. Our design-build approach ensures a smooth, coordinated process from initial concept through final build, delivering custom homes with exceptional quality, attention to detail, and timely completion. Whether you’re starting fresh or expanding your vision, we bring your dream home to life with professionalism and care.
Is It Time to Build a Home That Fits Your Lifestyle?
- Your current home no longer fits your family’s growing needs and lifestyle.
- You want a custom design that reflects your personal style and vision.
- Your dream home requires features and layouts your existing house can’t accommodate.
- You’re ready to create a space built specifically to match your daily routines.
- Your current location isn’t ideal, and you want a fresh start elsewhere.
- You need a more energy-efficient, modern home with updated systems and technology.
One of a Kind, Just Like You
New Construction
Custom new home construction in Chicago—built with quality, style, and attention to detail.
Home Additions
Seamlessly expand your living space with custom-designed home additions built to match your lifestyle.
Whole House Remodeling
Transform your entire home with a complete remodel that enhances style, functionality, and value.
Kitchen Remodeling
Revitalize your space with a kitchen remodel that blends modern design, functionality, and style.
Bathroom Remodeling
Transform your bathroom into a luxurious, spa-like retreat with modern design and high-quality finishes.
Basement Remodeling
Maximize your home’s potential with a beautifully designed, functional basement renovation.
Exterior Remodeling
Enhance your home’s curb appeal and durability with high-quality exterior remodeling and upgrades.
Construction Consulting
Optimize your project with expert construction consulting—streamlining planning, design, and execution.
How To Get Started
Our Simple Three-Step Plan
1. Schedule An Initial Call
Schedule a meeting with our team to discuss your home remodel. We’ll review your goals and help you explore the best options for your project.
2. Set Up an In-Home Consultation
A remodeling professional will visit your home to meet with you. During this meeting, you can walk them through your space and discuss your ideas and plans.
3. Start Designing Your Dream Home
After your design team has a clear understanding of your vision and goals, you’ll work together to create the design for your home remodel.
Servicing Chicago and the Surrounding Suburbs
Chicago Neighborhoods
Surrounding Suburbs
Our team of experienced builders has a solid track record when it comes to creating exceptional spaces. We ensure that the construction process is stress free, with transparent communication on both deadlines and cost estimates – guaranteeing you’ll no un welcome surprise.
Frequently Asked Questions
How much does it cost to build a new custom home in Chicago?
Construction costs in Chicago run $250–$400 per square foot for standard to luxury finishes — not including land. A 2,500 sq ft home runs roughly $625,000–$1,000,000 in construction costs alone. When land (teardown lots in desirable neighborhoods run $400,000–$800,000), demolition ($15,000–$30,000), permits ($14,000–$26,000), utility reconnection fees ($5,000–$20,000), and carrying costs are added, total project costs in Lincoln Park, Lakeview, or Roscoe Village regularly exceed $1.2M–$1.8M. We give you a detailed cost model before any design work begins.
How long does it take to build a new home in Chicago from start to finish?
Plan on 15–24 months from first design meeting to move-in. Design and planning runs 2–4 months. Chicago’s permit review for new construction takes 4–12 weeks under standard review — complex projects or those requiring zoning corrections can run 4–6 months. Site prep and foundation: 2–6 weeks, weather-dependent. Framing and structural: 4–12 weeks. Mechanical systems (HVAC, electrical, plumbing): 4–10 weeks. Finish work: 6–16 weeks. Chicago winters routinely add 4–8 weeks to any project with exterior work spanning November through March.
Do I need aldermanic approval to build in Chicago?
For a standard single-family home on a properly zoned lot, no formal aldermanic vote is required. However, aldermanic privilege is real: your local alderperson can informally delay or obstruct permits for projects in their ward, even code-compliant ones — particularly teardowns or new builds that change neighborhood character. For anything requiring a zoning change or variance, engaging the local alderman’s office early is practically essential. Rules and relationships vary significantly ward by ward. We’ll flag this for your specific project and address it proactively.
What zoning do I need to build a new single-family home in Chicago?
RS-1, RS-2, or RS-3 (Residential Single-Unit Districts) allow single-family construction. Most city lots are RS-3. If the lot is zoned differently — B, C, or multi-family — you’ll need a rezoning, a 6–12+ month process. RS-3 setback requirements: front setback typically 20 feet; rear setback, 30% of lot depth or 50 feet, whichever is less (minimum 30 feet); combined side setbacks equal roughly 20% of lot width with a minimum of 2 feet per side. FAR (floor area ratio) limits constrain total above-grade square footage relative to lot area. We verify all of this before you purchase a teardown lot.
How much are building permits for new construction in Chicago?
Chicago permit fees for new single-family construction typically run $14,000–$26,000 depending on square footage and project valuation — among the highest in the region. Minimum residential construction fee is $3,450; minimum permit fee is $302. Standard plan review takes 4–12 weeks; projects requiring zoning corrections or multiple plan review cycles can run 4–6 months. Chicago also requires EMT conduit (not Romex wire) and copper pipe (not PEX) — requirements unique to the city that add cost versus most suburban jurisdictions.
Can I build in winter in Chicago?
Partially. Framing, rough-in, and interior work continue through winter. Foundation pours and exterior masonry stop when temperatures consistently drop below 40 degrees F — typically November through March. Most Chicago builders schedule foundation and exterior shell work for spring and summer, then move interior finish work into fall and winter. Expect weather-related delays of 4–8 weeks on any project that spans a winter. We plan the construction sequence around the calendar to minimize weather exposure.
What hidden costs surprise people building in Chicago?
The most common: demolition of the existing structure ($15,000–$30,000, rarely included in construction bids); Chicago’s expansive clay soils requiring engineered pile or caisson foundations rather than standard footings (adds $20,000–$60,000); utility reconnection and water/sewer tap fees ($5,000–$20,000); Chicago’s proprietary electrical code requiring rigid metal conduit throughout (adds cost vs. Romex jurisdictions); carrying costs — construction loan interest and alternate housing — during a 15–24 month build; and Cook County property tax reassessment once the new home is assessed, often adding $8,000–$20,000/year in taxes.
Should I buy a teardown lot or find a vacant lot in Chicago?
Teardowns are the dominant path to new construction in desirable Chicago neighborhoods — genuinely vacant lots are rare and often carry title problems, deed restrictions, or environmental issues from prior industrial use (underground storage tanks, contaminated soil). When evaluating a teardown, verify zoning is correct for your intended use, check for easements or deed restrictions, confirm soil conditions, and factor demolition costs and environmental testing into your offer. We review teardown lots with clients before purchase to flag issues that could make the project unworkable or dramatically more expensive than expected.
