814 W Newport Avenue, Chicago, IL 60657
9|Other
INR ₹132,359,950
USD $1,550,000
Published on: 16 Oct 2024
Last updated on: 14 Dec 2024
Property ID: 110095186038
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Residential Income, Greystone - Chicago, IL
814 W Newport Avenue, Chicago, IL 60657
Stunning Rehabbed Greystone 3-flat + tall basement on a quiet 1-way street steps from Wrigley Field 3-bed/1.5-bath (can easily add a shower for 2nd full bath) - lease exp 7/31/25 @ $2,990 per month...UNIT #2; 2-bed/2-bath and was just rented @ $3,200 per month ...UNIT #1; 3-bed/2-bath (lease exp 7/31/25 @ $2,670 per month). 4 gas meters and 4 electric panels. ***EXCELLENT TOTAL ANNUAL INCOME of $129,320 minus - $31,354 in total expenses = $97,966 (NOI) TOTAL ANNUAL NET OPERATING INCOME for a Solid 6.1% CAP rate.***Also, investing an additional $120K in creating a legal 4th garden unit which is allowed under the current R5 zoning (existing ceiling height is very tall @ 7'-8") & 5th parking spot brings the CAP rate up to 8%!!
Property Details
Basic Info
Outdoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Year Built
1900
Rooms
9 bedroom(s)
Architecture Style
Other
County
Cook
Parcel ID
14204100480000
Provider
Midwest Real Estate Data, LLC
Brokerage Office Name
Compass Real Estate
Neighbourhoods
CHI - Lake View
Address
814 W Newport Avenue, Chicago, IL 60657
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | Lake View High School | Not available |
| Not available | Not available | Not available |
| Elementary | Nettelhorst Elementary School | Not available |
| Not available | Not available | Not available |
Tax History
| Year | Tax amount | |
|---|---|---|
| 2022 | USD $21281 | INR ₹1,817,259* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither makaan.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. makaan.com recommends that you independently verify any information before relying on it.
Contact Agent
Derek DiSera
Contact Agent
Contact Agent
Email enquiry to Compass
Derek DiSera
1643 N Milwaukee Ave, Chicago, IL 60647
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Property ID: 110095186038
Data provided by Midwest Real Estate Data, LLC, MLS #: 12188936
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