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About This Home
This 9-bedroom, 4-bathroom residential multi family at 2317 W Barry Avenue in Chicago, IL is listed for $1,000,000. Built in 1888, on a 0.10 acres lot.
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.
Key Features
- Built in 1888
- 0.10 acre lot
- 3 parking spaces
Property Details
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2317 W Barry Avenue
Chicago, IL 60618
Property Details
Construction
Parking
Heating
Questions & Answers
This 9-bedroom, 4-bathroom residential multi family at 2317 W Barry Avenue is listed at $1,000,000. The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 1888, 0.10 acre lot, 3 parking spaces.
This property is listed by Michael Scanlon and can be reached at (888) 574-9405 or michael.scanlon@exprealty.com.
