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72 Properties Within 0.5 miles of: 1243 W Newport, Chicago

1243 W Newport
Chicago, IL 60657

  • 5 Beds
Price

$699,000

Est Payment
$4,814 / month (details)  
Taxes
$15,349  
Beds
5  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
30 X 125  
Neighborhood
West Lakeview  
MLS
#11373980
Status
Sold (10/10/2022)

Property Description

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Owned
Schools
Lake View High School (299), Hamilton Elementary School (299), Hamilton Elementary School (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-12-2022 Listed at $699,900
05-19-2022 Status changed to Under Contract
06-14-2022 Status changed to Active
06-20-2022 Status changed to Under Contract
10-11-2022 Status changed to Closed
10-10-2022 Sold at $699,000
Last Modified 12/2/22 4:39 PM

Nearby Transportation

  • Bus 152 0.2 mi
  • Bus 77 0.3 mi
  • Bus 22 0.3 mi
  • Bus 9 0.4 mi
  • Bus X9 0.5 mi
  • Bus 8 0.6 mi
  • Bus 151 0.7 mi
  • Bus 156 0.7 mi
  • Bus 80 0.7 mi
  • Bus 36 0.7 mi
  • Bus 76 0.8 mi
  • Bus 50 0.9 mi
  • Bus 135 0.9 mi
  • Bus 148 0.9 mi
  • Bus 146 0.9 mi
  • Brown Line 0.2 mi
  • Red Line 0.4 mi
  • Purple Line 0.5 mi
  • ZipCar 0.2 mi
  • I 90 West 1.7 mi
  • I 94 West 1.7 mi
  • I 90 East 1.8 mi
  • I 94 East 1.8 mi
  • I 290 West 4.7 mi
  • I 290 East 4.7 mi
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