1541 W Barry Avenue

Chicago, Illinois 60657
Contingent / MLS #12039163 / Multiple Unit (2-4) / Lakeview
Listing information updated 6/5/2024 at 6:03am
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.
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
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1541 W Barry Avenue is a multiple unit (2-4) currently listed at $950,000. 1541 W Barry Avenue features 6 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties since May 22nd, 2024 and was built in 1918. Nearby schools include Burley Elementary School and Lake View High School. The nearest transit stops include Paulina CTA Brown line.