$1,055,711*
●
Multifamily -
Off Market
1549 West Barry Avenue
Chicago, IL 60657
6 Beds
4 Baths
$765,000 - $933,000
Reference Base Price*
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
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*
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$11,590
HOA Dues
-
Year Built
1910
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 16, 2021 | No longer available | - | |
No longer available | |||
Mar 3, 2021 | Price Decreased |
$849,000
↓ $26K
(3%)
|
|
Price Decreased | |||
Feb 11, 2021 | Listed | $875,000 | |
Listed |
Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
3
Beds
2.5
Baths
2,800 ft²
$309/ft²
$865,000
Jan 11, 2023
-
$1,494/mo
Multifamily
3
Beds
3.5
Baths
-
$925,000
Oct 26, 2022
-
$1,873/mo
In Contract
Multifamily
2
Beds
2
Baths
-
$699,000
Oct 11, 2022
-
$150/mo
Multifamily
4
Beds
2.5
Baths
-
$999,999
Feb 15, 2023
-
$1,669/mo
Multifamily
4
Beds
2.5
Baths
2,058 ft²
$491/ft²
$1,010,000
Feb 15, 2023
-
$197/mo
Active
Multifamily
3
Beds
2
Baths
1,800 ft²
$514/ft²
$925,000
Jan 30, 2023
-
$1,363/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/11/2021
|
|
6 Bed
|
4 Bath
|
-
|
$875,000
6 Bed
4 Bath
|
-
-
|
-
|
-
|