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 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Dawn McKenna Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:01 AM UTC, 3/28/2024

 

 

Powered byLuxury Presence