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Address
924 West Newport Avenue Chicago, IL
Price
$ 5,200,000
Property Attributes
  • MLS#10538255
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lake View
  • NeighborhoodLake View
  • Zip60657
  • Style
  • Year Built1926
  • Taxes28500
  • Price$ 5,200,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16000
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
33 Realty
Property Description

Rare opportunity to acquire a rarely available walk-up building in Chicago's Lakeview Neighborhood. Whether it be the vibrant night life, gourmet dining options, accessibility to public transportation, proximity to Lake Michigan, or walkability to Wrigley Field, the property is a perfect base camp for any young professional to explore the best that Chicago has to offer. Improvements to the property include: Renovation of all kitchens with granite counter tops, dishwashers and granite counters -- Renovation of bathrooms with pedestal sinks, tile floor and tile shower surrounds -- Addition of in-unit washer and dryer -- New electrical service, drop and runs -- Implementation of ratio utility billing system ('RUBS") for existing tenants. The property has an excellent current unit mix of one (1) two-bedroom, one-bathroom unit; sixteen (16) one-bedroom, one-bathroom units; and six (6) studio units.

Price History
10/4/2019 Listed $5,200,000

General Features

Age Older
Built Before 1978 Yes
Electric Expense 2000
Multi-Family Type Corridor-Interior Entrance
Other Expenses 56122
Status Active
Tax Year 2018
Taxes 28500
Total Annual Income 426000
Total Units 23
Year Built 1926
Zoning MULTI

Interior Features

Air Conditioning Window Unit/s
Basement Description Other
Board Number 8
Dryer(s) 23
Ranges 23
Refrigerators 23
Total Monthly Income 34416
Total Stories 3
Unit Type 1 Rooms 2
Unittype3bedstotal 2

Exterior Features

Acreage .13
Building Area Total 16000
Exterior Building Type Brick
Lot Dimensions 50X120
Lot Sq Ft 6000
Number of Parking Spaces 6

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60657

Price
AVG $1.3M
$5.2M
Taxes
AVG $14,732
$28,500
Visits
AVG 39
188
Year Built
AVG 1909
1926
Walkscore
AVG 92
93
Data Provided by Walkscore ® not using MLS data