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Chicago wrecking restoration bonds.
$100 flat.

Alongside the main $20,000 or $40,000 wrecking bond, Chicago requires a separate $500 bond guaranteeing the site is restored and leveled once a demolition is finished. Ours is $100 flat, and the price you see is the checkout price. No credit check.

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Required alongside the main Chicago wrecking bond on every demolition permit
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Fixed price, fixed amount — $500 bond, $100, no quote process
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Covers site restoration and leveling after the structure is wrecked
Instantissued the moment you payNo credit checkfor this bond1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Chicago wrecking restoration bond cost?

$100 at the $500 amount, the same for every applicant.

How it works

Three steps. One sitting.

A restoration bond is about the simplest filing in the demolition permit stack. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Small fixed bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the City Clerk

Your executed bond arrives by email, ready to file with the City Clerk alongside your main wrecking bond. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Chicago's Building Code conditions a wrecking permit on more than just the main $20,000 or $40,000 demolition bond — it also requires a separate $500 bond that specifically guarantees the site is restored and leveled once the wrecking is complete, rather than left as an open lot with debris or an unsafe grade.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Chicago (the obligee), protecting neighboring property owners and the public from an unfinished demolition site. If the site isn't restored and leveled as required, the City can draw against this bond to complete the work.

It is not insurance for you — if the surety pays a claim, you repay the surety. Because it rides alongside the main wrecking bond, we typically write both together, but each is its own filing with its own term.

City of Chicago, Department of Buildings — Wrecking permit bond requirementsAlongside the main wrecking bond sized to a building's height, the Department of Buildings requires a further bond specifically guaranteeing that the wrecking site is restored and leveled once demolition work is complete. Confirm the current bond amount with the Department of Buildings before you apply.

You need this bond if you're

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Pulling a Chicago wrecking permit for any building, alongside the main demolition bond
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A demolition contractor finishing out a permit that requires site restoration
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Renewing your restoration bond whose term is expiring mid-project
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Bonding a multi-phase demolition where the main wrecking bond and this one both need renewal
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $500 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the City Clerk. Your executed bond arrives by email, ready to file with the City Clerk alongside your main wrecking bond. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $500 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Chicago wrecking restoration bond?The premium is $100 flat — set by our carrier's rate book for this bond, the same for every applicant. The $500 bond amount applies under the City's wrecking permit rules, so there is no quote process.
Do I pay the $500?No. You pay $100. The $500 is the surety's maximum liability if the City draws on the bond because the site wasn't restored — not a deposit, and nobody holds your money.
How fast will I have the bond?Small fixed bonds like this are among the thousands of bond types that issue right after purchase — many applicants finish the application and have the bond in the same sitting.
Is there a credit check?No credit check: the application collects no credit information. Most applicants approve instantly.
Do I still need the main wrecking bond too?Yes — this $500 bond covers site restoration only. You still need the separate $20,000 (three stories or less) or $40,000 (four or more stories) wrecking bond to obtain the demolition permit itself; we write that one too.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Illinois bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Close out your wrecking permit paperwork.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →