Cost to Finish a Basement in Elgin, Illinois ()

The cost to finish a basement in Elgin, Illinois ranges from $41 to $75 per square foot depending on the features installed (bathrooms, kitchens, wet bars, etc.). Basement remodeling cost ranges from $21,000 to $113,000. Projects with kitchens or bathrooms are at the higher end of this range. Projects that include only floor and drywall finishing are at the lower end of this range. To get a more accurate cost for your basement finishing project, request a quote. Please note that if you use our matching service, we may be compensated.

Cost To Finish A Basement
By HomeBlue Team
May 29, 2024 11:33 PM

Topics Covered in this Guide: Cost to Finish a Basement | Cost to Finish a Basement Factors | Frequently Asked Questions | Related Cost Guides | Find Basement Finishing Contractors | Cost to Finish a Basement in Your Area

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How Much Does It Cost to Finish a Basement in Elgin, IL?

The cost to finish a basement in Elgin, Illinois ranges from $41 to $75 per square foot depending on the features installed (bathrooms, kitchens, wet bars, etc.). Basement remodeling cost ranges from $21,000 to $113,000. Projects with kitchens or bathrooms are at the higher end of this range. Projects that include only floor and drywall finishing are at the lower end of this range.

This guide is intended to provide you an approximate cost to finish a basement in Elgin, IL. To get a more accurate quote for your specific project, request a free estimate. Our research, although general in nature, does include feedback provided by basement finishing contractors and research conducted by the HomeBlue staff.

Cost to finish a basement based on the size of the garage:

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Factors that Influence Basement Remodeling Cost in Elgin

When basement remodeling contractors come to your house to provide you an estimate, they will consider a number of factors that can increase or decrease the cost of your project. Pricing for your basement finishing project will vary based on your geographic location, the size of your house, and the terrain of the site. Here are a few things to keep in mind when you get quotes from basement finishing companies:

Your prices may be higher when:

Your prices may be lower when:

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Basement Finishing FAQs

Here are a few frequently asked questions related to basement finishing:

When incorporating a new kitchen or bathroom into your basement project, you will likely be required to prepare construction documents. Talk with your contractor to determine if an architect is necessary. Regardless of the path chosen, some form of detailed drawings will likely be necessary to secure permits, especially if the project involves structural, plumbing or electrical work. These drawings will not only help meet local regulatory guidelines, they will also help you define exactly what you expect from your contractor.

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Find an Architect in Elgin

Basement kitchen cost in Elgin ranges from $9,000 to $29,000 depending on the quality of the finishes and appliances you select. This presumes that both plumbing and electrical are somewhat accessible to the location of the kitchen. For a more accurate estimate tailored to your specific project, request a quote from a local contractor.

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Find Kitchen Contractors in Elgin

The cost to add a bathroom to a basement in Elgin, Illinois ranges from $9,000 to $29,000 depending on the quality of the finishes you select. This presumes that plumbing and electric service is reasonably accessible to the location of the new bathroom.

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Find Bathroom Contractors in Elgin

Basement wet bar cost in Elgin, Illinois ranges from $5,000 to $7,000. A wet bar may include features such as a sink, refrigerator, and ice machine.

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Find Basement Remodeling Contractors in Elgin

It is probable that obtaining a permit will be necessary for basement finishing projects within Elgin. Discuss the permit process with contractors you are evaluating for the project. A seasoned contractor should be to guide you through the process. Be sure to include obtaining permits as part of your agreement.

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Get Matched to Basement Contractors in Elgin

Finding basement finishing contractors in Elgin can be accomplished using various approaches: 1) Reaching out to neighbors that have recently hired a basement remodeling contractor, 2) Conducting an online search using relevant keywords like “basement finishing contractors,” 3) Using a directory such as the yellow pages, 4) Watch advertisements on local TV stations, 5) Using an online matching service, which offers a convenient way to connect with local basement finishing companies.

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Find Basement Finishing Contractors in Elgin


We have researched several other closely related projects. If one of these projects better represents the type of project you are undertaking, please check out the appropriate guide:

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Local Basement Finishing Contractors Near Elgin, IL

The following are a few contractors in your area. Note that these companies have not been screened or vetted by HomeBlue. Please conduct proper due diligence prior to hiring these or any other company you may select.

Greco Remodeling Service Since 1986, Albano Builders Inc. has been providing customers with outstanding service. We are a small, full service, family owned and operated General Contracting & Carpentry Company with a strong emphasis on High quality carpentry installation and commercial woodworking fabrication. We specialize in design, construction management and building every facet of your project.

Incredible Builders Inc Prusak Home Additions have been a large part of many house additions in Morton Grove for a number of years, bringing great home additions to life. We offer professional home additions Morton Grove that include sunroom additions, garage additions, and room additions, all at affordable prices. We use our years of experience bringing your home addition ideas to reality.

Basement Finishing Cost Estimates


Find basement remodeling contractors in just 3-5 minutes. Tell us what you are looking for and receive free cost estimates without any obligation.

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Find the Cost to Finish a Basement in Your Area

Basement remodeling cost varies from area to area. We have developed a number of cost to finish a basement guides to help you identify the basement renovation cost near you.