3653 West Barry Avenue

Chicago, IL 60618

$4,299,999
Price
24
Beds
16
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing a premier investment opportunity in Avondale, 3653 W. Barry Ave, Chicago, IL 60618 that is fully occupied. This NEWLY constructed boutique 8-unit multifamily building with the elevator, boasts modern luxury and convenience, providing a turnkey option for investors. Featuring 3 bedrooms, 2 bathrooms, and high-end finishes, each unit offers an elegant living space with designer kitchens, spacious bedrooms, and upscale amenities. Key highlights include elevator access, balconies, custom...Introducing a premier investment opportunity in Avondale, 3653 W. Barry Ave, Chicago, IL 60618 that is fully occupied. This NEWLY constructed boutique 8-unit multifamily building with the elevator, boasts modern luxury and convenience, providing a turnkey option for investors. Featuring 3 bedrooms, 2 bathrooms, and high-end finishes, each unit offers an elegant living space with designer kitchens, spacious bedrooms, and upscale amenities. Key highlights include elevator access, balconies, custom closets, and detached garage with one parking spot for each unit. With a PRIME LOCATION near Logan Square, residents enjoy easy access to dining, entertainment, and shopping options, making it an attractive choice for tenants. At 3653 W. Barry Ave, investors can capitalize on a stable return on investment with high return. Don't miss this opportunity to own a property in one of Chicago's most sought-after areas, offering modern amenities and a seamless investment experience!
  1. Listed by Dorota Bartosiak • Chicagoland Brokers Inc.

Property Details for 3653 West Barry Avenue

Area
CHI - Avondale
Township
Jefferson
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING UPDATED: 10/31/2024 12:06 AM

Property Details for 3653 West Barry Avenue

StatusActive
MLS #12197415
Days on Market94
Taxes$21,017 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built2022
Lot Size0.06 AC / 2,607 SF
CountyCook County

Virtual Tour

Building Information for 3653 West Barry Avenue

Stories4Residences8Year Built2022Building Size-Lot Size0.06 AC / 2,607 SF

Property Information for 3653 West Barry Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 6-12 Spaces
  • Outdoor Parking: Parking-Street
Location and General Information
  • Frontage Type: City Street
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Association Fee Includes: None
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • # Of Washers: 8
  • Basement Description: None
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 8
  • Washer/Dryer Lsd: Yes
  • Misc Inside: Elevator/s Passenger
  • # Of Dryers: 8
  • # Of Disposals: 8
  • # Of Dishwashers: 8
  • Num of Baths: 16.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: No
  • Approximate Age: 1-6 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 0
  • Lot Size Square Feet: 2607.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 15754
  • # Of Ranges: 8
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 0
  • Photos Count: 50
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks
  • Location: Corner,Free Standing/Urban
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $1,813.00
  • Fuel Expense: $546.00
  • Gross Income: $298,200.00
  • Gross Scheduled Income: $298,200.00
  • Insurance Expense: $6,879.00
  • Maintenance Expense: $3,250.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Known Encumbrances: First Mortgage
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 24850
  • Water Expense Source: Actual
  • Net Operating Income: $246,767.00
  • Operating Expense: $51,433.00
  • Other Expense: $1,600.00
  • Trash Expense: $2,476.00
  • Water Sewer Expense: $4,242.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 8
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 3653 West Barry Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3653 West Barry Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Reilly Elementary School
PublicPK to 8

Schurz High School
Public9 to 12

Aspira Charter - Bus and Fin
Charter9 to 12

ASPIRA Charter - Early College Pr
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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3653 West Barry Avenue is a multi-family home for sale in Chicago, IL 60618. This property was listed for sale on October 25, 2024 by Chicagoland Brokers Inc., it's currently listed at $4,299,999. This listing's school district is Chicago Public Schools. Nearby schools include Reilly Elementary School, Schurz High School and Aspira Charter - Bus and Fin. 3653 West Barry Avenue is a 24-bed, 16-bath, multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chicagoland Brokers Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/31/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.