Homes for sale - 1120 W Newport AVE, Chicago, IL 60657

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Jul

Fri

Jul

Sat

Jul

Legacy Properties

managingbroker@legacypropertiesil.com +1(224) 999-9100

$ 1,339,000

Est. payment | -/mo

6 Beds

6 Baths

Save Virtual Tour

$ 1,339,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12371527

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. This unit will be left vacant. 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

Virtual Tour https://svnchicago.com/properties/?propertyId=1494592-sale

Listed by Timothy Rasmussen • Sperry Van Ness

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

1120 W Newport AVE Chicago, IL 60657