7348 S Vernon Avenue, Chicago
Could We Actually
Live Together?
Two households. Three generations. One big idea.
Compare buying together, buying a multifamily property, adapting a home you already own, creating separate living space, or keeping one property as a rental before anybody starts packing.
Planning tool only. No email required. Not a mortgage quote, appraisal, legal advice, tax advice, zoning determination or guarantee of costs.
Maybe everybody keeps joking about living together. Maybe it is not really a joke anymore.
One household needs more space. Another needs less. Childcare is expensive. Aging parents want to be closer. Somebody owns a house with a lot of equity. Somebody else has a mortgage rate they never want to give up.
The point is not to convince everyone to share a roof. It is to compare realistic scenarios, see where the math gets interesting, and figure out what kind of property might actually work.
Household One
Household Two
Buy One Home Together
Model a larger home that could replace both households' current housing.
How would the monthly cost be shared?
This does not determine legal ownership. It simply lets you test how the household budget might feel.
Your Buy Together Snapshot
Change any assumption above and this updates automatically.
What everyone pays now
Modeled shared housing
Could you actually live together?
Saving money is lovely. Privacy is also lovely. Rate what your family would need from the property itself.
Your Multigenerational Home Wish List
Must haves: None selected yet
Would love: None selected yet
Property types worth exploring: Start selecting your privacy, accessibility and independence needs above.
Before anyone contributes six figures, talk about the awkward stuff.
- Who is contributing what upfront?
- Who will actually own the property?
- Who will be on the mortgage?
- How are monthly expenses divided?
- Who pays for a new roof or major repair?
- What happens if someone's income changes?
- What happens if someone wants to move out?
- What happens after a death, divorce or remarriage?
- Does caregiving count as a contribution?
- Can one person's ownership interest be bought out?
If answering these questions makes Thanksgiving uncomfortable, imagine answering them after you have bought the house.
A shared real-estate purchase can raise mortgage, title, estate-planning, tax and legal issues. Get advice from appropriately licensed professionals before transferring money, signing financing documents or deciding how title will be held.
Run Our Family's Real Numbers
You did the hypothetical version. I can help investigate what existing homes might realistically sell for, what could be available from a sale, which properties and layouts might work, and what local questions we need to answer next.
No obligation to buy or sell. Sometimes the best answer is that everybody should continue loving each other from separate addresses.
Important: This planner is for general educational and planning purposes only. Results are estimates based solely on user-entered assumptions. It is not an appraisal, comparative market analysis, offer to lend, mortgage quote, loan estimate, zoning determination, permit approval, tax advice, legal advice, investment advice or guarantee of costs, proceeds, rent, approval or payment. Rules for ADUs, separate living spaces, multifamily occupancy, renovations and rentals vary by property and municipality.
Some real life Chicago + suburbs multi-gen housing options

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