Chicago, IL 60657,1535 W Barry AVE
Chicago, IL 60657,1535 W Barry AVE
Chicago, IL 60657,1535 W Barry AVE
48
$950,000
$899,000
5.7%
Est.Price: ?

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6 BD
4 BA
3,049 Sqft Lot

1535 W Barry AVE Chicago, IL 60657

Est. payment /mo
SOLD DATE : 06/18/2025

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Key Details

Sold Price $950,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12356736

Sold Date 06/18/25

Bedrooms 6

Year Built 1886

Annual Tax Amount $15,356

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 25 X 125

Property Sub-Type Two to Four Units

Property Description

Incredible opportunity for a savvy buyer. This well maintained 3-flat can be a turnkey investment. Or an owner occupant can have most of their monthly expenses covered by tenants. Current monthly income of $6,300/month and a 6% cap rate. The top floor duplex up features three bedrooms, 2 full bathrooms . The large eat-in kitchen leads out to a back deck perfect for grilling and entertaining. The second level has TONS of extra storage and a bonus office/work space. This large unit lives like a single family home. ($2,650/month - Unit 2 improvements: AC 2022, furnace 2023, water heater 2021). First floor unit is a 2 bed,1 bath with a large eat-in kitchen and a back deck. ($2,100/month - Unit 1 improvements: AC 2022, furnace 2018, fridge 2020, bathroom renovated 2019). Garden unit is a 1 bed, 1 bath. ($1,550/month - renovated bathroom 2018). TENANTS PAY ELECTRIC/GAS. The owner only pays for water, trash and insurance. Common laundry in the basement. 2 car garage. Owners have taken excellent care of the property and IMPROVEMENTS INCLUDE new siding 2017, new electric panels 2019, new front windows 2021, new washer/dryer 2022, new water pump 2023, new fence & landscaping 2025. The unit is currently fully rented. Units G & 2 rented through May 2026. Unit 1 will be vacant as of June 1 2025 and could be an owner occupant or easily rented at an INCREASED RATE from its current $2100 month (estimated new rental rate would be $2300-$2400). LOCATION CANNOT BE BEAT. Just steps from Whole Foods, Target, Brown Line L, and all the shops and restaurants of Lakeview.

Location

State IL

County Cook

Area Chi - Lake View

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Sep Heating Systems - 2+

Equipment CO Detectors, Ceiling Fan(s)

Fireplace N

Exterior

Garage Spaces 2.0

Building

Building Description Frame, No

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

Elementary Schools Burley Elementary School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
Listed by George Tully • @properties Christie's International Real Estate
Bought with Gregory Smith • Coldwell Banker Realty

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