1753 W Newport Avenue
Chicago, IL 60657

Status: Active
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $690,000

About this home

Looking for an extremely low maintenance Lake View 2 flat with significant upside to add to your portfolio? Looking for an owner occupied home in the perfect location to avoid the rising costs of the condo market? Look no further than this completely rehabbed home situated on quiet tree lined street just steps to the Brown Line and to bustling Lincoln Ave shops and restaurants, and a 15 minute walk to Wrigley Field. The owners unit on the second level duplexes up. The main level here features a nice sized kitchen with an adjacent private balcony to enjoy your morning coffee before hopping on the train or going on your morning jog through precious Lake View. A bedroom/office, a condo quality bathroom and a cozy living area compliments the remainder of the main level. Upstairs are two large bedrooms with a second bathroom. Unit 2 features a large bedroom with ample closet space, and a private outdoor patio. Both units feature in unit laundry, bamboo flooring throughout, central ac, stainless steel appliances, and a garage rooftop deck for summer enjoyment. Due to long time tenants in the building rents are significantly under market. Unit 1 rented for $1650 through 6/2025. Unit 2 rented for $2400 through 5/31/24

Property details

Property / Lot Details
Acreage 0.07
Lot Dimensions 25*124.5
Lot Size Source Owner
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Bi-Level
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1886
Parking Total 2
Exterior Building Type Vinyl Siding
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2016
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lake View
Corporate Limits Chicago
Directions North on Lincoln, left on Newport
Equipment Ceiling Fan(s), Security Cameras, Water Heater-Gas
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Sewer-Storm
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake View
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 3
Full Baths in Building Count 3
Total Rooms 10
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 1650
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Air Conditioner, Garage/Space, Hardwood Floors, Cooktop
Full Baths Total 1
Lease Expiration Date 6/25
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Actual Rent 2400
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Central Air Conditioner, Garage/Space, Hardwood Floors, Cooktop
Full Baths Total 2
Lease Expiration Date 5/24
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2

Financials

Gross Rental Income $48,600
Rental Income 4050
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 14194140030000
Special Assessments N
Taxes $10,293
Tax Exemptions Homeowner
Tax Year 2022
$690,000 Listing Price:
MLS # 11946780
Investment Profile Residential Income
Listing Market Time 144 days
Basement None
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 12/12/2023
Year Built 1886
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