An exceptional investment opportunity in the highly sought-after

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Home Active Under Contract

2317 W Barry Ave

Chicago, Illinois 60618

Cook County

Community: 

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$1,000,000 9 br, 4.0 bath 0 sq. ft. 0.100 acres

An exceptional investment opportunity in the highly sought-after Roscoe Village / West Lake View location. Situated on an oversized 38 x 124 lot along tree-lined Barry Avenue, this property offers convenient access to grocery stores, dining, shopping, and public transit. This well-maintained three-flat has undergone significant recent improvements, including a gut renovation and dormer expansion of the top floor, adding a full bathroom and two additional bedrooms. The garden unit, currently in original condition, features 2 bedrooms and 1 bathroom and is leased MTM for $1,350/month to a long-term 10+ yr tenant, with strong upside potential to $2,400+ with updates. The second-floor unit, recently renovated, offers 3 bedrooms and 1 bathroom and is rented at $2,750/month. The top-floor owner's unit is configured as a spacious 4-bedroom + den, 2-bath duplex with an estimated rental potential of $4,000/month. Additional value-add opportunities include the potential to add a kitchenette to create a separate in-law suite on the upper level. A detached three-car garage, currently owner-occupied, presents further income potential of approximately $300-$400 per month, making this a rare opportunity to acquire a high-performing asset with immediate upside in one of Chicago's most desirable neighborhoods.

Interior:
  • Bedrooms: 9
  • Baths: 4.0
  • Sq Ft: 0
  • Year Built: 1888
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Natural Gas
  • Garage: Garage
Exterior:
  • Lot Size: 0.100 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Frame
  • Roof: 
  • Property Taxes: $17,090
  • MLS #: 12626232
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Contact Information:
Beach Home Active Under Contract in Chicago, Illinois
Listing Agent: Michael Scanlon, eXp Realty, LLC, 888-574-9405, 888-574-9405 Listing Site, Listing Status: Active Under Contract
Copyright © 2026 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.
Ad Number: 7607937
Viewed 20 times.
Updated: Apr 25, 2026

This property is a Home located at 2317 W Barry Ave, Chicago, Illinois 60618, and is currently Active Under Contract at $1,000,000. This Home has 9 bedrooms, 4.0 baths, 0 sq ft.