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