$950,000
Active Under Contract
28 Days Online
6 Beds0 Baths0 SQFT
Active Under Contract

1541 W Barry Avenue Chicago, IL 60657

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$18,219
  • HOA/Condo/Coop Fees$0
  • Days on Site27 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12039163
  • Home Size Source N/A
  • Year Built1918
  • Lot Size0.08 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Off Alley
  • Parking Spaces 6
  • Sewer Public Sewer
  • Basement Full
  • Acreage 0.08
  • Water Public
  • Property Sub Type Multi Family
  • Foundation Brick/ Mortar
  • Zoning MULTI
  • General Information Commuter Bus
  • Rooms Total 18
  • Lot Size Oversized Chicago Lot
  • Parking Total 6

Interior Features

  • Heating Radiator(s)
  • Room Types DenFoyer

Exterior Features

  • Roof Asphalt
  • Waterfront Property No
  • Exterior Patio

Community Features

  • Township Lake View
  • Community Features ParkCurbsSidewalksStreet Lights
  • MLS Area CHI - Lake View

Schools

School District
299
Elementary School
Burley Elementary School
Middle School
Burley Elementary School
High School
Lake View High School

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Monthly Payment (Est.)

$5,031
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