1305 W Barry Avenue Chicago IL 60657 MLS #MRD11628954

Incredible turnkey 4-unit investment opportunity located on a quiet one-way street in the Lakeview/Southport Corridor neighborhood. New construction without the new construction hassles. Both front and back buildings were a complete gut rehab in 2017 down to the studs. Everything has been updated including new plumbing, electrical, sewer line, gas lines and a new roof. All four units feature hardwood floors, quartz counters, central a/c, gas forced heat and in-unit washer/dryer. Very low maintenance costs since everything is new. The front building is comprised of two units. Unit 1F is a 4 bedroom plus den, 2 bath duplex down unit. Unit 2F is a 3 bedroom 2 bath duplex up unit. The rear building is also comprised of two rehabbed units. Unit 1R is a 2 bedroom, 1 bath unit. Unit 2R is a duplex up 3 bedroom, 2 bath unit. The front property offers spacious balconies off the units and there is also a great patio between the buildings which is great for the tenants and summer grilling. These units rent very quickly and have very minimal turnover and almost no vacancy. 1F is leased for $3,450 per month and expires on 5/31/23. Unit 2F is leased for $3,100 and expires on 8/31/23. Unit 1R is leased for $2,000 per month and expires on 8/15/23. Unit 2R is leased for $2,795 and expires on 6/15/23.