1541 W Barry Avenue Chicago, IL 60657
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCook
- Taxes$18,219
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusActive Under Contract
- MLS ID Number12039163
- Home Size Source N/A
- Year Built1918
- Lot Size0.08 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Off Alley
- Parking Spaces 6
- Sewer Public Sewer
- Basement Full
- Acreage 0.08
- Water Public
- Property Sub Type Multi Family
- Foundation Brick/ Mortar
- Zoning MULTI
- General Information Commuter Bus
- Rooms Total 18
- Lot Size Oversized Chicago Lot
- Parking Total 6
Interior Features
- Heating Radiator(s)
- Room Types DenFoyer
Exterior Features
- Roof Asphalt
- Waterfront Property No
- Exterior Patio
Community Features
- Township Lake View
- Community Features ParkCurbsSidewalksStreet Lights
- MLS Area CHI - Lake View