1322 W Barry Avenue, Chicago, IL

$1,125,000

Overview

  • 178791
  • Property ID
  • Updated On:
  • April 11, 2026
  • 8
  • Bedrooms
  • 3
  • Bathrooms

Description

***MULTIPLE OFFERS RECEIVED — We respectfully request HIGHEST & BEST OFFER no later than MONDAY 4/13 by 3:00pm, no escalation clauses*** A RARE chance to own a timeless piece of Chicago history in one of the city’s most sought-after neighborhoods. This striking 1897 greystone 3-flat is perfectly positioned on a quiet, tree-lined block just a few minutes from the buzz of the SOUTHPORT CORRIDOR and all the dining, nightlife, and energy along Belmont & Clark. ***Fully leased and meticulously cared for by the same owner for the past 30 YEARS, this building presents FLEXIBLE OPPORTUNITIES for a variety of buyers. Owner-occupants can live in one unit while offsetting their mortgage with rental income from the others. End-users and rehabbers can bring their design vision to update units and maximize rents. Developers will appreciate the solid 1897 construction and potential for condo conversion or a single-family home transformation. Or, turn this timeless beauty into a multi-generational home for decades to come. ***The classic greystone charm is complemented by TIMELESS architectural DETAILS, generous 10ft ceiling height and original built-ins, along with modern peace of mind including a BRAND NEW ROOF (2025), well-maintained exterior, and refreshed entry & common hallways. ***The property also features a 2-car GARAGE (each leased for $175/month), back yard, basement laundry room and additional common storage space. ***This A+ location offers easy access to public transportation, grocery stores, Southport shops, walk to Wrigley, plus an endless array of bars and restaurants, along with convenient access to the lakefront. With immediate rental income and STRONG UPSIDE potential, this VINTAGE GEM delivers the perfect combination of history, location, and flexibility. Truly a rare opportunity in one of Chicago’s most beloved neighborhoods. (Please see additional documents tab for lease info, apartment/parking rent roll & operating expenses. Note the property is being sold AS-IS)

Bedrooms
3
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Brick
Detached
Forced Air
Garage Door Opener
Garage Owned
Greystone
Lake Michigan
Natural Gas
Public
Public Sewer

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$5,768.10
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 4,361.85

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Information for the property at 1322 W Barry Avenue, Chicago, IL, 60657 (Property ID: 178791) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi