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Rehabbed Multifamily with Coach House
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1650 W Barry Ave, Chicago, IL 60657

Two-building multifamily totals five rehabbed units, with tenant-paid gas and electric and individual central AC in each unit.

Property SizeContact for details
Days on Market122

Property Features for 1650 W Barry Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 5

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial NRT Chicago
Listed By: Bruce Heller · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 12:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial NRT Chicago

Investment Insights

Based on property information with market context.

This Lakeview multifamily property features two buildings totaling five rehabbed units. The front building includes four units, while the rear is a free-standing coach house. The rehabilitation work was completed within the past 10+ years, and each unit is equipped with GFA heat and individual central AC.

Tenants are responsible for utilities, including gas and electric. The property is located on W Barry Ave, with nearby walkable access to the EL and Belmont/Ashland shopping.

The property is also described as being easy to convert to four units by duplexing either the first floor and garden units or the third floor and attic, depending on the configuration desired.

Key Highlights

  • Two‑building multifamily with 5 rehabbed units total: 4 units in the front building and a freestanding coach house in the rear
  • Each unit has GFA heat and individual central AC
  • Rehabbing completed within the past 10+ years

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Nursing Home Catering Service Butcher HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,097
Businesses Nearby

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily totals five rehabbed units, with tenant-paid gas and electric and individual central AC in each unit.
Where is this apartment building located?
The property is located at 1650 W Barry Ave Chicago, IL.
What are key features of this property?
This property features: Two‑building multifamily with 5 rehabbed units total: 4 units in the front building and a freestanding coach house in the rear; Each unit has GFA heat and individual central AC; Rehabbing completed within the past 10+ years
More about this property
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