1535 W Barry Avenue Chicago, IL 60657
Listing Courtesy of: MLS LogoMidwest Real Estate Data / @properties Christie's International Real Estate

  1535 W Barry Avenue Chicago, IL 60657

Contingent (10 Days)
$899,000
6
BED
4
BATH

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.

MLS #:
12356736
Taxes
$15,356(2023)
Lot Size
3,049 SQFT
Type
Multifamily
Year Built
1886
School District
299
County
Cook County

Listed By

George Tully, @properties Christie's International Real Estate
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked May 18 2025 at 5:29 AM GMT+0000
Bathroom Details
Interior Features
  • Co Detectors
  • Ceiling Fan(s)
Heating and Cooling
  • Sep Heating Systems - 2+
Basement Information
  • Finished
  • Full
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Burley Elementary School
Parking
  • Garage Door Opener
  • On Site
  • Garage Owned
  • Detached
  • Garage
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.