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About the Listing 87488 - 895103,890279,183850
An exceptional investment opportunity in the highly sought-after Roscoe Village / West Lake View location. Situated on an oversized 38 x 124 lot along tree-lined Barry Avenue, this property offers convenient access to grocery stores, dining, shopping, and public transit. This well-maintained three-flat has undergone significant recent improvements, including a gut renovation and dormer expansion of the top floor, adding a full bathroom and two additional bedrooms. The garden unit, currently in original condition, features 2 bedrooms and 1 bathroom and is leased MTM for $1,350/month to a long-term 10+ yr tenant, with strong upside potential to $2,400+ with updates. The second-floor unit, recently renovated, offers 3 bedrooms and 1 bathroom and is rented at $2,750/month. The top-floor owner's unit is configured as a spacious 4-bedroom + den, 2-bath duplex with an estimated rental potential of $4,000/month. Additional value-add opportunities include the potential to add a kitchenette to create a separate in-law suite on the upper level. A detached three-car garage, currently owner-occupied, presents further income potential of approximately $300-$400 per month, making this a rare opportunity to acquire a high-performing asset with immediate upside in one of Chicago's most desirable neighborhoods.
Listing Highlights
Status
Pending
Days on Site
39
Property Type
Multi-Family
MLS ®
12626232
Year Built
1888
Total Square Footage
0
Lot/Acreage
0.1
County
Cook
Area
CHI - North Center
School District
299
Elementary School
Jahn Elementary School
Middle School
Jahn Elementary School
High School
Lake View High School
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 3 car
- Parking Spaces: 3
- Lot Dimensions: 38X124
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $17,090
- Taxes w/Assessments: N/A
- Tax/Property ID: 14301070190000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
2317 W Barry Ave Chicago, IL 60618
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