Barry Apartments

8 Unit Apartment Building | $1,380,000 ($172,500/Unit) | 7.30% Cap Rate | Chicago, IL 60641

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,380,000

Property Type
Multifamily
Square Feet
9,248 SF

Listing Contacts

Jacek Piktel
Jacek Piktel
Verified Profile
  • Property Info

Property Overview

Large corner 8 units Multi-Family building on double lot 69 x 120 located in Belmont Cragin. Sold in PACKAGE with ADJACENT VACANT LOT in the rear of the building (included on Plat of Survey seen in Add'l Info). All Eight vintage style apartments are above the ground 1st and 2nd floor Two Bedroom/One Bath, and with Living Rm and formal Dining Rm. Recent improvements: New Roof (rubber roof put in 2018). Back porch (2020). Tuckpointing (past 5 years). Windows (2005). Separate Individual Furnaces (tenants pay for their own heating bill) in all 8 apartments And separate hot water tanks with each unit (as seen on photos). ***Tenants pay for their: heating, gas and electric bills *** Nice Hardwood floors throughout. Full Basement w/ coin laundry, tenants storages and 9 electric and 9 gas meters (as seen on photos)*** Perfect condo conversion potential along with oversized adjacent vacant lot

Property Details

Class
C
Year Built
1925
Stories
2
Lot Size (sq. ft)
8,276 SF
Units
8

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