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$1,005,000
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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
- Sold For: $1,005,000
- Taxes: $19,830 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12615095
- Added to Site: 98 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 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
- Driving Directions: Sheffield to Barry, west two blocks
School Information
- School District: 299
- Midd 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
- Water: Lake Michigan, Public
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 14292020350000
Listed by Baird & Warner
Sold by @properties Christie's International Real Estate
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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
6/03/2026
Sold
$1,005,000
25.62%
MLS
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.
1042 W Barry Avenue, Chicago, IL 60657 (MLS# 12615095) is a Multi-Family property that was sold at $1,005,000 on June 03, 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.

