Petir Capital

Projects

Every building, before and after.

The left frame is the listing photo from the day Petir bought it; the right is the same building once it was renovated and re-let. Fourteen buildings; two are still under construction, and one has since been sold.

944 N. Damen Ave.: Before · storefront, 2024 listing
As boughtBefore · storefront, 2024 listing
944 N. Damen Ave.: After · renovated apartment, 2025
RenovatedAfter · renovated apartment, 2025
944 N. Damen Ave.: Before · living room
Before · living room
944 N. Damen Ave.: After · bedroom
After · bedroom
944 N. Damen Ave.: Before · corner
Before · corner
944 N. Damen Ave.: After · hallway
After · hallway
944 N. Damen Ave.: Masonry restoration · 2024
Masonry restoration · 2024
944 N. Damen Ave.: New kitchen · 2024
New kitchen · 2024
944 N. Damen Ave.: Finished front · 2025
Finished front · 2025

Ukrainian Village · 6 units · Renovating

944 N. Damen Ave.

Three-storey brick on the Damen corridor. The ground-floor storefront is converting to a live/work unit; the five apartments above are being fully renovated and the masonry restored. Permit set approved January 2026.

Project page →
3249–51 N. Damen Ave.: Before · 2022
As heldBefore · 2022
3249–51 N. Damen Ave.: After · renovated kitchen, 2024
RenovatedAfter · renovated kitchen, 2024
3249–51 N. Damen Ave.: Kitchen · 2022
Kitchen · 2022
3249–51 N. Damen Ave.: Living room · 2024
Living room · 2024
3249–51 N. Damen Ave.: Rear porches · 2022
Rear porches · 2022
3249–51 N. Damen Ave.: Bedroom · 2024
Bedroom · 2024
3249–51 N. Damen Ave.: The building · 2025
The building · 2025
3249–51 N. Damen Ave.: Kitchen · 2024
Kitchen · 2024

Roscoe Village · 6 units · Held

3249–51 N. Damen Ave.

Six three-bedroom apartments in Roscoe Village. Renovated in 2023 and professionally managed.

Project page →
2301 N. Leavitt St.: Before · kitchen, 2024 listing
As boughtBefore · kitchen, 2024 listing
2301 N. Leavitt St.: After · same building, 2025
RenovatedAfter · same building, 2025
2301 N. Leavitt St.: Before · 2024
Before · 2024
2301 N. Leavitt St.: After · 2025
After · 2025
2301 N. Leavitt St.: Before · living room
Before · living room
2301 N. Leavitt St.: After · bath
After · bath
2301 N. Leavitt St.: Demolition · 2025
Demolition · 2025
2301 N. Leavitt St.: New kitchen · 2025
New kitchen · 2025
2301 N. Leavitt St.: Front · 2026
Front · 2026

Bucktown · 7 units · Held

2301 N. Leavitt St.

Seven-unit corner building. Renovated through 2025, re-leased, and refinanced on a long-term loan in October 2026.

Project page →
1311 W. Ohio St.: Before · kitchen, 2024 listing
As boughtBefore · kitchen, 2024 listing
1311 W. Ohio St.: After · 2025
RenovatedAfter · 2025
1311 W. Ohio St.: Before · 2024
Before · 2024
1311 W. Ohio St.: After · 2025
After · 2025
1311 W. Ohio St.: Before · living room
Before · living room
1311 W. Ohio St.: After · bath
After · bath
1311 W. Ohio St.: New kitchen · 2025
New kitchen · 2025
1311 W. Ohio St.: Front entry · 2025
Front entry · 2025
1311 W. Ohio St.: Coach house · 2024
Coach house · 2024

West Town · 6 units · Held

1311 W. Ohio St.

Six units including two coach-house apartments. Gut renovation completed in 2025.

Project page →
2049 W. Coulter St.: Before · 2019 listing
As boughtBefore · 2019 listing
2049 W. Coulter St.: After · 2025
RenovatedAfter · 2025
2049 W. Coulter St.: After · kitchen
After · kitchen
2049 W. Coulter St.: After · bath
After · bath
2049 W. Coulter St.: After · from the west
After · from the west
2049 W. Coulter St.: After · living room
After · living room
2049 W. Coulter St.: Front · 2020
Front · 2020
2049 W. Coulter St.: Kitchen · 2019
Kitchen · 2019
2049 W. Coulter St.: Bath · 2019
Bath · 2019

Pilsen · 6 units · Held

2049 W. Coulter St.

1898 three-storey six-flat in Heart of Chicago, the first building the two principals did together. Fully renovated in 2021.

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5358 Paw Paw Lake Rd.: The cottages today · 2026 listing
AfterThe cottages today · 2026 listing
5358 Paw Paw Lake Rd.: A cottage kitchen · 2026
AfterA cottage kitchen · 2026
5358 Paw Paw Lake Rd.: Cottage
Cottage
5358 Paw Paw Lake Rd.: Bedroom
Bedroom
5358 Paw Paw Lake Rd.: Bath
Bath
5358 Paw Paw Lake Rd.: Paw Paw Lake from above
Paw Paw Lake from above

Coloma, Michigan · 6 units · For sale

5358 Paw Paw Lake Rd.

Heron's Nest: a complete renovation of a six-unit vacation resort on Paw Paw Lake, bought in November 2020 and rebuilt in 2022. Every cabin was taken down to the studs and refitted. Now offered for sale.

Project page →
4501 Donna Allen Way: Before · 2021 listing
As boughtBefore · 2021 listing
4501 Donna Allen Way: After · 2025
RenovatedAfter · 2025
4501 Donna Allen Way: Before · second cabin
Before · second cabin
4501 Donna Allen Way: Before · kitchen
Before · kitchen
4501 Donna Allen Way: The view
The view
4501 Donna Allen Way: Before · third cabin
Before · third cabin

Cosby, Tennessee · 3 units · Held

4501 Donna Allen Way

Three one-bedroom cabins on nearly four wooded acres above Cosby, fifteen minutes from Gatlinburg and the Greenbrier entrance to the national park. Bought in March 2021 and renovated in 2023; run as vacation rentals.

Project page →
310 Colfax Ave.: Before · upstairs unit, 2019 listing
As boughtBefore · upstairs unit, 2019 listing
310 Colfax Ave.: After · same unit, 2024
RenovatedAfter · same unit, 2024
310 Colfax Ave.: Before · bedroom
Before · bedroom
310 Colfax Ave.: After · same bedroom
After · same bedroom
310 Colfax Ave.: Before · bath
Before · bath
310 Colfax Ave.: After · bath
After · bath

Michigan City, Indiana · 5 units · Sold

310 Colfax Ave.

A 1943 two-storey building steps from the Lake Michigan shore: three one-bedroom apartments upstairs and two two-bedrooms below. Bought with partners in January 2021 and renovated that spring, with ductless heating and cooling added upstairs the next winter. Run as short-stay apartments from July 2021 and sold in July 2024.

Project page →
2607 W. Haddon Ave.: Before · kitchen, 2025 listing
As boughtBefore · kitchen, 2025 listing
2607 W. Haddon Ave.: After · 2026
RenovatedAfter · 2026
2607 W. Haddon Ave.: Before · 2025
Before · 2025
2607 W. Haddon Ave.: After · 2026
After · 2026
2607 W. Haddon Ave.: Before · living room
Before · living room
2607 W. Haddon Ave.: After · bath
After · bath

Humboldt Park · 6 units · Held

2607 W. Haddon Ave.

Six-flat acquired in 2025. Apartments are updated one at a time as they turn.

Project page →
1846 W. 18th St.: Before · 2020 listing
As boughtBefore · 2020 listing
1846 W. 18th St.: After · renovated unit, 2026
RenovatedAfter · renovated unit, 2026
1846 W. 18th St.: After · living room
After · living room
1846 W. 18th St.: After · bedroom
After · bedroom
1846 W. 18th St.: After · bath
After · bath
1846 W. 18th St.: After · closet
After · closet
1846 W. 18th St.: Kitchen · 2024
Kitchen · 2024
1846 W. 18th St.: Living room · 2021
Living room · 2021

Pilsen · 8 units · Held

1846 W. 18th St.

Legal eight-unit building acquired in 2020 and managed in-house; seven apartments let, the garden unit kept in reserve. Renovated in 2021.

Project page →
2031 W. 23rd St.: Before · 2019 listing
As boughtBefore · 2019 listing
2031 W. 23rd St.: After · 2026
TodayAfter · 2026
2031 W. 23rd St.: Before · kitchen, 2019
Before · kitchen, 2019
2031 W. 23rd St.: After · 2026
After · 2026
2031 W. 23rd St.: Before · living room
Before · living room
2031 W. 23rd St.: After · bath
After · bath
2031 W. 23rd St.: Front · 2020
Front · 2020
2031 W. 23rd St.: Demolition · 2020
Demolition · 2020
2031 W. 23rd St.: Stair hall · 2021
Stair hall · 2021

Pilsen · 8 units · Held

2031 W. 23rd St.

Legal eight-unit building held with partners in Pilsen, acquired at the turn of 2020. Renovated in 2023 and kept as a long-term investment.

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815 N. Fairfield Ave.: Renovated kitchen · 2025
AfterRenovated kitchen · 2025
815 N. Fairfield Ave.: Renovated living room · 2025
AfterRenovated living room · 2025
815 N. Fairfield Ave.: Bath · 2025
Bath · 2025
815 N. Fairfield Ave.: Kitchen · 2025
Kitchen · 2025
815 N. Fairfield Ave.: Bedroom · 2025
Bedroom · 2025
815 N. Fairfield Ave.: Living room · 2025
Living room · 2025
815 N. Fairfield Ave.: Front · 2022
Front · 2022
815 N. Fairfield Ave.: Kitchen · 2022
Kitchen · 2022

Humboldt Park · 6 units · Held

815 N. Fairfield Ave.

Legal six-unit building of two-bedroom apartments with garage parking. Renovated in 2022 and held.

Project page →
3801 N. Albany Ave.: As bought · 2025
BeforeAs bought · 2025
3801 N. Albany Ave.: As bought · kitchen
BeforeAs bought · kitchen
3801 N. Albany Ave.: As bought · side
As bought · side
3801 N. Albany Ave.: As bought · living room
As bought · living room
3801 N. Albany Ave.: As bought · front room
As bought · front room
3801 N. Albany Ave.: As bought · rear
As bought · rear
3801 N. Albany Ave.: Front, as bought · 2025
Front, as bought · 2025
3801 N. Albany Ave.: New rear porches · 2026
New rear porches · 2026
3801 N. Albany Ave.: New cedar fence and porches · Aug 2026
New cedar fence and porches · Aug 2026
3801 N. Albany Ave.: Gutted to the studs · Aug 2026
Gutted to the studs · Aug 2026
3801 N. Albany Ave.: Fence going in · Jul 2026
Fence going in · Jul 2026

Irving Park · 3 units · Renovating

3801 N. Albany Ave.

Three-unit building. Full renovation under way in 2026, new kitchens throughout.

Project page →
4414 N. Hamilton Ave.: As bought · 2024
BeforeAs bought · 2024
4414 N. Hamilton Ave.: As bought · kitchen
BeforeAs bought · kitchen
4414 N. Hamilton Ave.: As bought · rear
As bought · rear
4414 N. Hamilton Ave.: As bought · room
As bought · room
4414 N. Hamilton Ave.: As bought · front room
As bought · front room
4414 N. Hamilton Ave.: As bought · porch
As bought · porch
4414 N. Hamilton Ave.: Front, as bought · 2024
Front, as bought · 2024
4414 N. Hamilton Ave.: Gutted to the studs · 2025
Gutted to the studs · 2025

Lincoln Square · 2 units · Renovating

4414 N. Hamilton Ave.

Two-flat a block from Welles Park. Renovation in progress.

Project page →
4050–52 N. Central Park Ave.: Living room · earlier rental listing
BeforeLiving room · earlier rental listing
4050–52 N. Central Park Ave.: Front on Central Park Ave.
BeforeFront on Central Park Ave.
4050–52 N. Central Park Ave.: Arched doorway · earlier listing
Arched doorway · earlier listing
4050–52 N. Central Park Ave.: Front windows · earlier listing
Front windows · earlier listing
4050–52 N. Central Park Ave.: Apartment · earlier listing
Apartment · earlier listing

Irving Park · 5 units · Held

4050–52 N. Central Park Ave.

A 1923 brick five-unit with five outdoor parking spaces, bought in October 2026. The plan: update the apartments and bring rents to market.

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How we work

Petir runs the job rather than handing it to a general contractor.

Buy, renovate, hold — and why the middle step is the one we do not outsource.

Our method