1541 W BARRY Avenue Chicago, IL $ 950,000
1541 W BARRY Avenue
$ 950,000
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1541 W BARRY Avenue

Chicago, IL, 60657
$ 950,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 6,314

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Multi-Family Home for sale in Chicago, IL

for $950,000 with 6 bedrooms and 3 full baths. This home was built in 1918 on a lot size of 0.08.

Incredible opportunity to assume a 2.75% interest rate! Owner occupants can take over the current owner's VA loan with all its favorable terms. This gorgeous lakeview building boasts almost all new appliances in the last 3 years! Two units rented through 2025 and one becoming available in July 2024. Features include hardwood flooring, vintage trim, large kitchens, a bonus sunroom on the top floor, and a garden unit with fresh paint and a renovated bathroom. The lucrative 3-unit property offers three tandem parking spaces (six spots total that can be rented at $100 each), shared laundry, and a small outdoor space with a community BBQ. Located in bustling Lake View near the Belmont/Ashland/Lincoln intersection, enjoy incredible dining, shopping, entertainment, and fitness options around every corner. This well-managed, turnkey property currently generates $81,600/year in gross income making it an exceptional opportunity for any investor! Garden fridge, stove, & dishwasher: 2024, AC: 2024, Washer: 2024, Dryer: 2023, Furnace: 2023, 2nd floor stove: 2023, 1st floor stove & microwave: 2022, Boiler & pump: 2022, Roof repairs: 2022.

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Multi-Family Contingent

Price

$ 950,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 18,219

Style

Lot Size

0.08

Year Built

1918

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12039163

Features
General
Sewer Public Sewer
Heating Radiator(s)
Possession Closing
Roof Asphalt
Exterior Features Patio
Zoning MULTI
Year Built 1918
Township Lake View
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 81600
Community Features Park Curbs Sidewalks Street Lights
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 18
Status Contingent
Directions ASHLAND TO BARRY ONE WAY STREET ON RIGHT
High School Lake View High School
City Chicago
High School District 299
MLS Area CHI - Lake View
Waterfront Y/N N
Street Name BARRY
Elementary School Burley Elementary School
Tax Annual Amount 18219.24
Middle/Junior High School Burley Elementary School
Virtual Tour https://my.matterport.com/show/?m=fZT8MzWgwkh
Days on Market 14
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Partially Finished Exterior Access
Street Suffix Avenue
Total Bedrooms 6
Room Type Den Foyer
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Off Alley
Water Source Public
Total Parking 6
Foundation Details Brick/Mortar
Lot Dimensions 124X30
Lot Size Acres 0.08
Exterior Vinyl Siding Stone
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

Leigh@LeighMarcus.com

Email

Affordability Calculator

$7,832
Per Month
81%
19%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$1,518
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
564901 Elementary School
564901 Middle School
Lake View High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$950,000 Listed Price

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1541 W BARRY Avenue, Chicago, IL, 60657 is a Multi-Family Home for sale at $950,000 with a lot size of 0.08. 1541 W BARRY Avenue has 6 bedrooms, 3.0 baths, and was built in 1918. The property's zip code is 60657 which is in Chicago, IL