Sold

1305 W Barry Avenue

Chicago IL, 60657

$1,600,000


Sold

12 Beds

7 Baths

Residential

Built in 1880

Courtesy of Fulton Grace Realty

Incredible turnkey 4-unit investment opportunity located on a quiet one-way street in the Lakeview/Southport Corridor neighborhood. New construction without the new construction hassles. Both front and back buildings were a complete gut rehab in 2017 down to the studs. Everything has been updated including new plumbing, electrical, sewer line, gas lines and a new roof. All four units feature hardwood floors, quartz counters, central a/c, gas forced heat and in-unit washer/dryer. Very low maintenance costs since everything is new. The front building is comprised of two units. Unit 1F is a 4 bedroom plus den, 2 bath duplex down unit. Unit 2F is a 3 bedroom 2 bath duplex up unit. The rear building is also comprised of two rehabbed units. Unit 1R is a 2 bedroom, 1 bath unit. Unit 2R is a duplex up 3 bedroom, 2 bath unit. The front property offers spacious balconies off the units and there is also a great patio between the buildings which is great for the tenants and summer grilling. These units rent very quickly and have very minimal turnover and almost no vacancy. 1F is leased for $3,450 per month and expires on 5/31/23. Unit 2F is leased for $3,100 and expires on 8/31/23. Unit 1R is leased for $2,000 per month and expires on 8/15/23. Unit 2R is leased for $2,795 and expires on 6/15/23.

11628954

MLS ID

September 14, 2022

Listed

March 28, 2024

Updated

Map

1305 W Barry Avenue
Chicago IL, 60657

Interior Features

Bedrooms

12 Beds


Bathrooms

7 Baths


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Forced Air

Exterior/Building Features

Exterior Features

Deck, Patio


Roof

Asphalt


Sewer

Public Sewer

School Information

School District

299

Other Property Details

Area Name

CHI - Lake View


Taxes

$14,857


Tax Frequency

Annually


Days on Market

14


Garage

No


Parking Total

0


View

No


County

Cook


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5% -295

Courtesy of Fulton Grace Realty, Jonathan Stein,
Listing Contact: [email protected] 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Giovanni Leopaldi are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:12 AM UTC, 3/28/2024

 

 

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