1120 W Newport Ave Immeuble residentiel 4 lots 1 263 298 € (315 825 €/Lot) Chicago, IL 60657

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.
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!