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Three-Unit Residential Income Property
For Sale
$1,050,000

2317 W Barry Avenue, Chicago, IL 60618

Well-maintained 3-flat with coin laundry, basement storage, and a detached 3-car garage on an oversized lot.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market164

Property Features for 2317 W Barry Avenue

General Information

Standard status Active
Total Parking Spaces 3
Lot size 0.11 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Amenities

coin laundry
additional storage
Natural Gas

Building Details

Year Built 1888
Stories 3
Tenancy Multi
Listing Agency: eXp Realty
Listed By: Michael Scanlon · License #475188240
Source: Kw
Added: Apr 11 Changed: Sep 10 Last Checked: Sep 21 at 1:57PM

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 eXp Realty

Investment Insights

Based on property information with market context.

This well-maintained 3-flat offers three residential units plus shared convenience items. The property includes coin laundry and additional storage in the basement. The building also features a detached 3-car garage on site. The oversized lot measures 38 x 124, providing extra outdoor space for the property.

Located at 2317 W Barry Ave in Roscoe Village/West Lake View, the building sits on a tree-lined Barry near grocery, dining, shopping, and public transit.

The garden unit is a 2-bedroom, 1-bath configuration currently rented through 06/30/2023. The first-floor unit is a 3-bedroom, 1-bath and is currently rented through 06/30/2023 with parking. The second-floor unit is also a 3-bedroom, 1-bath and is currently rented through 07/31/2022 with parking. Total reported gross annual income is $53,000.

Key Highlights

  • Well‑maintained 3‑flat with $53,000 gross annual income
  • Oversized lot measures 38 x 124
  • Units include a garden 2 bed, 1 bath rented for $1,350/mo through 06/30/2023

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store HVAC Service Butcher Tanning Salon Fish Market

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,234
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Well-maintained 3-flat with coin laundry, basement storage, and a detached 3-car garage on an oversized lot.
Where is this triplex located?
The property is located at 2317 W Barry Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Well‑maintained 3‑flat with $53,000 gross annual income; Oversized lot measures 38 x 124; Units include a garden 2 bed, 1 bath rented for $1,350/mo through 06/30/2023
More about this property
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