Sold
1243 W NEWPORT Avenue
Chicago IL, 60657
$699,000
Sold
5 Beds
2 Baths
Residential
Courtesy of @properties Christie's International Real Estate
Perfect investment or owner-occupant opportunity in this lovely EXTRA-WIDE 30 x 125 lot greystone 2-flat + garden unit with 2-Car garage on fantastic street steps to Wrigley & heart of Southport Corridor. Zoned R3.5. This meticulously maintained 2 flat boasts hardwood floors and woodwork with charming vintage details. The first-floor unit is a spacious 2 bedroom/1 bathroom unit with a living room, separate formal dining room, full bath, kitchen with built-in butler pantry, and in-unit washer dryer. Unit 2 offers a 3 bedroom/1 bathroom floor plan with hardwood floors, spacious living room, separate formal dining room, kitchen, and in-unit washer dryer. The garden unit offers 1 bedroom, full bath, living room, and kitchen. Additional features include central HVAC, rear deck, backyard, and 2-car garage. Easy-to-rent Wrigleyville location with close proximity to CTA Red/Brown/Purple Lines, multiple bus lines, Lake Shore Drive, Belmont Harbor, Whole Foods, and all of the amazing shops, restaurants, and recreation activities Wrigleyville/Southport Corridor have to offer. All units currently rented with $68,700 in gross rental income and $53,352 in net rental income. 7.6% cap rate! Note: Seller is licensed Chicago Broker. Neither seller or listing agent represent the legality of garden unit.
11373980
MLSⓇ ID
May 12, 2022
Listed
March 28, 2024
Updated
Map
1243 W NEWPORT Avenue
Chicago IL, 60657
Interior Features
Bedrooms
5 Beds
Bathrooms
2 Baths
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas, Forced Air
Exterior/Building Features
Architectual Style
Greystone
Sewer
Public Sewer
School Information
School District
299
High School
Lake View High School
Elementary School
Hamilton Elementary School
Other Property Details
Area Name
CHI - Lake View
Taxes
$15,349
Tax Frequency
Annually
Days on Market
38
Garage
Yes
Garage Spaces
2
Parking Total
2
View
No
County
Cook
Water Source
Lake Michigan
Pool
No
Buyer Agency Compensation
2.5% MINUS $395
Courtesy of @properties Christie's International Real Estate, Leigh Marcus,
Listing Contact: 773-472-0200
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Data last updated 4:01 AM UTC, 3/28/2024