Chicago, IL 60657 1535 W Barry Avenue

Pending
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Presented By: @properties Christie's International Real Estate
  • MLS# 12356736
  • 05/08/2025
  • Request Tour
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  • Beds • 6
  • Baths • 4
  • Garage • 2

Home Details

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

Interior Features for 1535 W Barry Avenue

Bedrooms

Bedrooms Possible6
Total Bedrooms6

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementFinished, Full
Total Number of Units3

General for 1535 W Barry Avenue

CityChicago
Construction MaterialsFrame
CountyCook
DirectionsLincoln Ave to Barry go west to property
Electric Expense
Elementary SchoolBurley Elementary School
Elementary School District299
Fuel Expense
Garage Spaces2
Gross Income75600
HeatingSep Heating Systems - 2+
High School District299
Insurance Expense3451
MLS AreaCHI - Lake View
Middle/Junior School District299
ModificationTimestamp2025-06-05T15:51:02.236Z
New ConstructionNo
OwnershipFee Simple
PossessionTenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusPending
StatusPending
Tax Annual Amount15356.2
Tax Year2023
Total Rooms13
TownshipLake View
Water Sewer Expense108
Year Built1886
ZoningMULTI

Exterior for 1535 W Barry Avenue

Lot Dimensions25 X 125
Lot Size Acres0.07
Other EquipmentCO Detectors, Ceiling Fan(s)
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Detached, Garage
Total Parking2
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Schools

Elementary School Burley Elementary School
High School N/A
Middle School N/A

Client Care

Price $899,000
MLS#12356736
List Date 05/08/2025
Property Type Pending
Phone 847.485.2500
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