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    2402 W Barry Ave Chicago, IL 60618

    Picture of Apartment buildings at W Barry Ave 2402, Chicago, IL
    For Sale
    $2,199,000

    Land - Chicago, IL

    Days on Market:
    12
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 2402 W Barry Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    13252070300000

    Building Details

    Architectural style
    Other

    Jameson Real Estate LLC (312) 335-3291 [email protected]

    Listing agent Sam Jenkins (312) 751-0300 License #475141821

    Listing date Dec 2, 2025

    MLS# 12526357 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Zoning for Apartment Building

    The property features approved zoning for a 26-unit apartment building. The lot measures 75 x 108 and has received a Type 1 Zoning change approval. The sale includes the existing plans and zoning permissions. The proposed building design includes twenty-six 2-bedroom, 2-bath units. The layout consists of 2 units on the ground floor and 6 units per floor on floors 2 through 5. There are 12 total parking spaces planned. The design does not include a commercial component. The plans include 6 affordable units.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.689586
    Latitude
    41.937887

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    FAQs

    What type of property is this?
    Apartment building - Land with approved zoning for a 26-unit apartment building.
    Where is this apartment building located?
    The property is located at 2402 W Barry Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $2,199,000.
    What are key features of this property?
    This property features: - Fully approved zoning for a 26-unit apartment building.; - Includes approved plans and zoning.; - 75 x 108 lot with Type 1 Zoning change approval.
    (312) 751-0300
    Request Owner's contact information
    2402 W Barry Ave Chicago, IL 60618
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    Chicago, IL 60618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2402 W Barry Ave Chicago, IL 60618
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