Chicago, IL 60657 1541 W BARRY Avenue

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Presented By: @properties Christie's International Real Estate
  • MLS# 12039163
  • 05/22/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 6
  • Baths • 3

Home Details

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.
Presented By: @properties Christie's International Real Estate

Interior Features for 1541 W BARRY Avenue

Bedrooms

Bedrooms Possible6
Total Bedrooms6

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementFull
BasementPartially Finished, Exterior Access
Total Number of Units3

Other Rooms

Room TypeDen, Foyer

General for 1541 W BARRY Avenue

CityChicago
Community FeaturesPark, Curbs, Sidewalks, Street Lights
ContingencyAttorney/Inspection
CountyCook
Days on Market14
DirectionsASHLAND TO BARRY ONE WAY STREET ON RIGHT
Elementary SchoolBurley Elementary School
Elementary School District299
Exterior FeaturesPatio
Gross Income81600
HeatingRadiator(s)
High SchoolLake View High School
High School District299
MLS AreaCHI - Lake View
Middle/Junior High SchoolBurley Elementary School
Middle/Junior School District299
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount18219.24
Tax Year2022
Total Rooms18
TownshipLake View
Virtual TourClick here
Waterfront Y/NNo
Year Built1918
ZoningMULTI

Exterior for 1541 W BARRY Avenue

ExteriorVinyl Siding, Stone
Foundation DetailsBrick/Mortar
Lot Dimensions124X30
Lot Size Acres0.08
Parking FeaturesOff Alley
Total Parking6
Water SourcePublic

Additional Details

Price History

Schools

Middle School Burley Elementary School
High School Lake View High School

Worth Clark

Price $950,000
MLS#12039163
List Date 05/22/2024
Property Type Contingent
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