930 W Newport Avenue
Chicago, IL 60657

Status: Active
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $1,199,000

About this home

100% turnkey investment property ready to accept vacation rentals for the 2024 season. This Wrigleyville two-unit brims with vintage Chicago greystone charm and serious rental income potential. The upstairs unit has been recently renovated and legally operates as an Airbnb/vacation rental featuring 3 bed/1ba, generous living space, in-unit laundry, and large elevated outdoor deck. With its proximity to Wrigley Field and adjacent transportation options, this location is in high demand for vacationing guests year-round and can be sold fully furnished and decorated as-is. Downstairs, the larger duplex unit is 3 bed/3 ba with a lofted entry foyer overlooking the massive two-story stone-clad fireplace. Timeless interior details include exposed brick, stained glass, craftsman-style bannisters, stone spiral staircase, and vintage molding and trim. Modern conveniences include central heating/AC, in-unit laundry, stainless steel kitchen appliances, multiple storage closets and areas, and entry/exit on both levels. A two-car garage with full roof deck and a spacious brick-paved rear patio provide options for enjoying the outdoors on property. Additional recent investments and upgrades include: new furnace servicing Unit 2, updated kitchen and bathroom fixtures (toilets, sinks/vanities, partial tile), lighting fixtures, wallcoverings/finishes, paint and furnishings. Unit 1 tenant occupied through April 2024; seller to discuss transfer of existing short-term reservations to buyer during A/I.

Property details

Property / Lot Details
Acreage 0.67
Lot Dimensions 26X117
Lot Description Fenced Yard
Lot Size Source County Records
Lot Size Standard Chicago Lot
Ownership Fee Simple
Style of House Greystone
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 1896
Parking Total 2
Exterior Building Type Brick,Stone
Exterior Property Features Deck, Roof Deck, Brick Paver Patio
Garage Details Garage Door Opener(s), 7 Foot or more high garage door
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Flat
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - Lake View
Zoning Type MULTI
Corporate Limits Chicago
Directions North on Sheffield, East on Newport to address on North side of street
Equipment Humidifier, TV-Cable, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters, Water Heater-Gas
Elementary School Nettelhorst Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Lake View High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle School Nettelhorst Elementary School
Jr High/Middle Dist 299
Township Lake View
Interior Features
Basement Description None
Bath Amenities Separate Shower, Full Body Spray Shower, Soaking Tub
Basement Bathrooms No
Basement None
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 4
Full Baths in Building Count 4
Total Rooms 16
Units
unit 1
Beds Total 3
Baths Total 3
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Wood, Garage/Space, Laundry Hook-Up, Hardwood Floors, Oven/Built-in
Full Baths Total 3
Lease Expiration Date N/A
Rooms Total 10
Tenant Pays None
Floor Number 1
Square Feet 2500
unit 2
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Wood, Laundry Hook-Up, Hardwood Floors, Skylights/Windows, Oven/Built-in
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Tenant Pays None
Floor Number 2
Square Feet 1250

Financials

Other Addl Income Garage/s, Parking Space/s
Rental Income VARIABLE
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 14204100180000
Special Assessments N
Taxes $18,902
Tax Exemptions None
Tax Year 2022
$1,199,000 Listing Price:
MLS # 11966521
Investment Profile Residential Income
Listing Market Time 96 days
Basement None
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 01/30/2024
Year Built 1896
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