1535 W Barry Avenue
Chicago, IL 60657
- 6 beds
- 4 baths
- – sqft
- 3,049 sqft lot
- 1886 build
- – on site
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.
Last checked:
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Last updated May 10, 2025
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MLS# 12356736 —
The Building
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Year Built:1886
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Rebuilt:No
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New Construction:false
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Construction Materials:Frame
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Basement:Finished, Full
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Patio And Porch Features:Deck
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Other Equipment:CO Detectors, Ceiling Fan(s)
Interior
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Rooms Total:13
Location
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Directions:Lincoln Ave to Barry go west to property
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Location:15694
The Property
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Parcel Number:14291080120000
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Property Type:Residential Income
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Lot Size Dimensions:25 X 125
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Lot Size Acres:0.07
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 576-1914
- Office phone:
- (773) 862-0200
Taxes
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Tax Year:2023
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Tax Annual Amount:15356.2
Beds
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Bedrooms Total:6
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Bedrooms Possible:6
Baths
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Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Sep Heating Systems - 2+
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Burley Elementary School
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:2
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Parking Features:Garage Door Opener, On Site, Garage Owned, Detached, Garage
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Garage Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/8/25
May 8, 2025
|
Listed / Active | MRED | $899,000 |
