1120 W Newport AVE new

Chicago,IL 60657

$ 1439000

6 Beds

6 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12342434

Bedrooms 6

Year Built 1895

Annual Tax Amount $21,497

Tax Year 2023

Lot Dimensions 25 125

Property Sub-Type Two to Four Units

Property Description

Rare Investment Opportunity in Prime Lake View Location With Significant Rental Growth Potential Presenting an architecturally stunning and well-maintained four-unit property, featuring a front two-flat and a two-unit coach house. This exceptional property offers spacious living arrangements, ideal for both investors and owner-occupants. Unbeatable Location Nestled in the heart of Lake View, this property is just two blocks east from the bustling Southport Corridor and within a short walk to Wrigley Field, theaters, parks, premier shopping, and an array of top-rated restaurants. Additionally, it falls within the highly sought-after Hamilton School District. Front Building * First-Floor Unit: 1 bedroom, 1 full bath, plus a duplex-down featuring an additional bedroom, bath, and sitting area. A sun-filled living room, a well-appointed kitchen, and beautiful hardwood floors enhance the unit. Comfort is ensured with air conditioning, a gas-forced air furnace, and in-building laundry facilities. * Second-Floor Unit: 1 bedroom, 1 bath, highlighted by original woodwork and doors that retain the home's classic appeal. Includes a thoughtfully designed kitchen, gas-fired furnace with A/C, and in-unit washer and dryer. Coach House * First-Floor Unit: 1 bedroom, 1 full bath, plus a duplex-down bedroom and bath. A sunlit living room and stylish kitchen create a cozy yet spacious feel. Features include central air conditioning, a gas-forced air furnace, and hardwood floors. * Second-Floor Unit: 1 bedroom, 1 bath, featuring charming original woodwork and doors. Includes a well-equipped kitchen and gas-fired furnace with central A/C. Additional Property Highlights * Basement with washer and dryer, mechanical systems, and utilities. * Recent updates include a newer roof, parapet wall repairs, and upgraded windows. * Individually metered for gas and electricity, providing convenience for both owners and tenants. This is a rare opportunity to own a versatile, character-filled property in one of Chicago's most desirable neighborhoods. Don't miss your chance to invest in this exceptional offering!

Location

State IL

County Cook

Area Chi - Lake View

Rooms

Basement Finished,Daylight

Interior

Heating Natural Gas,Electric

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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