1322 W Barry Ave, Chicago, IL 60657, USA (Off Market)

For Sale, USD 1,125,000


1322 W Barry Ave, Chicago, IL 60657, USA,

Property Type : Residential Lot

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 8

Bathroom : 3

Half Bathroom : 0

MLS#: N/A


Property Description

A RARE chance to own a timeless piece of Chicago history in one of the city's most sought-after neighborhoods. This striking 1897 greystone three-flat is perfectly positioned on a quiet, tree-lined block just a few minutes from the buzz of the Southport Corridor and all the dining, nightlife, and energy along Belmont and Clark. ***Fully leased and meticulously cared for by the same owner for the past thirty years, this building presents flexible opportunities for a variety of buyers. Owner-occupants can live in one unit while offsetting their mortgage with rental income from the others. End-users and rehabbers can bring their design vision to update units and maximize rents. Developers will appreciate the solid 1897 construction and potential for condominium conversion or a single-family home transformation. Or, turn this timeless beauty into a multi-generational home for decades to come. ***The classic greystone charm is complemented by timeless architectural details, generous ten-foot ceiling height and original built-ins, along with modern peace of mind including a brand new roof (2025), well-maintained exterior, and refreshed entry and common hallways. ***The property also features a two-car garage (each leased for one hundred seventy-five dollars per month), back yard, basement laundry room and additional common storage space. ***This A+ location offers easy access to public transportation, grocery stores, Southport shops, walk to Wrigley, plus an endless array of bars and restaurants, along with convenient access to the lakefront. With immediate rental income and strong upside potential, this vintage gem delivers the perfect combination of history, location, and flexibility. Truly a rare opportunity in one of Chicago's most beloved neighborhoods. (Please see additional documents tab for lease information, apartment/parking rent roll & operating expenses. Note the property is being sold AS-IS)
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1322 W Barry Ave, Chicago, IL 60657, USA, United States,Illinois,Chicago is a Chicago luxury Residential Lot listed for sale USD 1,125,000. This high end Chicago Residential Lot is comprised of 8 bedrooms and 3 baths. Find more luxury properties in Chicago or search for luxury properties for sale in Chicago.