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Haley Scogland
REALTOR®

1042 W Barry Avenue Chicago, IL 60657 Multi Unit - Multiple Pending

Pending
  • 1042 W Barry Avenue, Chicago, IL 60657 Main Photo

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Description

Exceptional opportunity for an investor or owner live in to acquire a legal 3-unit building in a prime Lakeview location. Owned by the same family for many years, this property offers tremendous potential with two vacant units and flexibility for a buyer to update as much or as little as desired. The garden unit is vacant and offers 2 bedrooms and 1 bath. The rear portion of the lower level includes a utility room with a furnace and hot water tank, along with a common laundry area featuring a washer and dryer, utility sink, and electrical panels. The first-floor unit is currently occupied by a long-term tenant on a month-to-month lease who is expected to vacate in the near future. This unit includes 3 bedrooms, 1 bath, a spacious kitchen, dining area, and a large pantry off the kitchen. The second-floor unit is vacant and features 3 bedrooms, 1 bath, a large living room, dining room, and kitchen. The top floor provides attic storage and an additional hot water tank. Lot size: 25' x 97.5' SELLING AS IS

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 3
County: Cook
High School: Lincoln Park High School
Listed By:
Baird & Warner 773-697-5555
MRED MLS
$800,000
Est. $5,235/mo
8beds
3baths
1cars
Pending
BEDS8 BATHS3 full MLS#12615095
STATUSPending PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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1042 W Barry Avenue, Chicago, IL 60657.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $800,000$800,000$800,000
Down Payment $160,000$28,000$200,000
Monthly Mortgage Amount $3,889$4,837$4,942
Taxes $1113$1113$1113
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$352$0
Monthly Estimated Total $5,235$6,535$6,288

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