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45 Properties Within 0.5 miles of: 1549 W Barry, Chicago

1549 W Barry
Chicago, IL 60657

  • 6 Beds
  • 4 Baths
  • Built In 1880
Price

$849,000

Est Payment
$5,494 / month (details)  
Taxes
$11,590  
Beds
6  
Baths
4  
Rooms
10  
Type
Multi Unit  
Sq. Ft.
n/a  
Lot Size
35X85  
Built
1880  
Neighborhoods
Lakeview, South Lakeview  
MLS
#10992844
Status
Cancelled

Property Description

Rare opportunity awaits for a live-in owner or investor! Located in highly coveted Burley School/Southport Corridor, this turn-key 2 flat currently boasts a 6.7% CAP RATE! This building comprises 2 units, a duplex down and a duplex up. Situated on an extra-wide lot, Unit 1 features a 3 bed 2 bath duplex down boasting a desirable open layout with combined living and dining, hardwood floors, 2018 appliances and counters, 2020 AC and furnace, in-unit laundry, 1 garage spot included. Unit #1 tenants paying $2950/mo plus utilities with a lease ending 6/30/2021, willing to break lease for new owner to occupy. Unit 2 is a spacious and open duplex up 3 bed 2 bath with 2018 appliances and counters, hardwood floors, wood burning fireplace, in unit laundry, renting for $2630/mo plus utilities until 6/30/2021, garage parking being rented separately for $150/mo. Other features include newly paved backyard patio, 2018 carpeting, newer roof, and a 2 car garage. Very well managed building in an unbeatable location steps from all the great dining, shops, and nightlife Southport Corridor has to offer including Whole Foods, Left Coast, Foxtrot, Coda di Volpe, Heritage Coffee, Target, and Starbucks as well as Southport brown line. With a gross income of $68,760/yr, this is a rock solid investment opportunity that should not be missed! *Agent cannot verify the legality of unit 1 being a duplex down*

Property Map

Property Details

Utilities

  • Heating Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Sewer-Public

Additional Information

Parking
Garage On Site, Owned
Schools
Lake View High School, Burley Elementary School, Burley Elementary School

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-11-2021 Listed at $875,000
03-02-2021 Price decreased by $26,000 to $849,000
03-15-2021 Status changed to Cancelled
Last Modified 3/15/21 2:57 PM

Nearby Transportation

  • Bus 9 0.1 mi
  • Bus X9 0.1 mi
  • Bus 77 0.1 mi
  • Bus 76 0.4 mi
  • Bus 50 0.5 mi
  • Bus 152 0.6 mi
  • Bus 22 0.8 mi
  • Bus 74 0.9 mi
  • Bus 73 1.0 mi
  • Bus 8 1.0 mi
  • Bus 151 1.0 mi
  • Bus 156 1.0 mi
  • Bus 49 1.0 mi
  • Bus X49 1.0 mi
  • Bus 80 1.1 mi
  • Brown Line 0.4 mi
  • Purple Line 0.8 mi
  • Red Line 0.8 mi
  • ZipCar < 0.1 mi
  • I 90 West 1.2 mi
  • I 94 West 1.2 mi
  • I 90 East 1.2 mi
  • I 94 East 1.2 mi
  • I 290 West 4.2 mi
  • I 290 East 4.3 mi
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