$1,250,000
930 W Newport Avenue
Chicago, IL, 60657
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
Price:
$1,250,000
MLS #:
MRD11966521
Status:
Active
Beds:
6
Baths:
4
Address:
930 W Newport Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Jan 30, 2024
State:
IL
ZIP:
60657
Year Built:
1896
Schools
School District:
299
Elementary School:
Nettelhorst Elementary School
Middle School:
Nettelhorst Elementary School
High School:
Lake View High School
Interior
Heating
Natural Gas
Exterior
Architectural Style
Greystone
Community Features
Gated, Sidewalks, Street Lights, Street Paved
Exterior Features
Deck, Roof Deck, Brick Paver Patio
Parking Spots
2
Roof
Flat
Financial
Buyer Agent Compensation
2.25% MINUS $495% of Gross Sale Price
Tax Year
2022
Taxes
$18,902
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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930 W Newport Avenue
Chicago, IL
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