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$800,000 Just Listed
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Property Description
Exceptional opportunity for an investor or owner live in to acquire a legal 3-unit building in a prime Lakeview location. Owned by the same family for many years, this property offers tremendous potential with two vacant units and flexibility for a buyer to update as much or as little as desired. The garden unit is vacant and offers 2 bedrooms and 1 bath. The rear portion of the lower level includes a utility room with a furnace and hot water tank, along with a common laundry area featuring a washer and dryer, utility sink, and electrical panels. The first-floor unit is currently occupied by a long-term tenant on a month-to-month lease who is expected to vacate in the near future. This unit includes 3 bedrooms, 1 bath, a spacious kitchen, dining area, and a large pantry off the kitchen. The second-floor unit is vacant and features 3 bedrooms, 1 bath, a large living room, dining room, and kitchen. The top floor provides attic storage and an additional hot water tank. Lot size: 25' x 97.5' SELLING AS IS
Full Property Details
Full Property Details for 1042 W Barry Ave
General
- Price: $800,000
- Taxes: $19,830 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12615095
- Updated: 4/15/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Lake View
- County: Cook
- Township: Lake View
- Driving Directions: Sheffield to Barry, west two blocks
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Harriet Tubman Elementary School
- Middle School: Harriet Tubman Elementary School
- High School: Lincoln Park High School
- Private School: Lincoln Park High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25' x 97.5'
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1888
- Tax Amount: $19,830.73
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 14292020350000
Listed by Baird & Warner
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Schools
Schools serving 1042 W Barry Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Harriet Tubman Elementary School 2851 North Seminary Avenue, Chicago, IL 60657 | PK-8 | 0.3 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1042 W Barry Ave
Date
Details
Price
Change
Source
4/15/2026
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1042 W Barry Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,547
3%
$77,000
—
2022
$15,134
2%
$77,000
—
2021
$14,814
6%
$77,000
17%
2020
$13,972
—
$65,821
-10%
2019
$14,005
2%
$73,135
—
2018
$13,768
2%
$73,135
10%
2017
$13,552
6%
$66,329
—
2016
$12,785
1%
$66,329
-7%
2015
$12,623
60%
$71,507
59%
2014
$7,880
2%
$45,042
—
2013
$7,714
-18%
$45,042
-18%
2012
$9,401
—
$54,884
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1042 W Barry Ave
1042 W Barry Avenue, Chicago, IL 60657 (MLS# 12615095) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 1042 W Barry Avenue is currently listed for $800,000 and was received on April 15, 2026. Want to learn more about 1042 W Barry Avenue? Do you have questions about finding other Multi-Family real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

