1040 W Newport Ave

Chicago, IL 60657 View Map $945,000 Ask a Question
Sold On8/1/2023
1040 W Newport Ave Chicago, IL 60657 | MLS 11795360 Photo 1
1040 W Newport Ave Chicago, IL 60657 | MLS 11795360 Map
Matt Liss

Matt Liss

(773) 415-4744
Real Estate Broker & Owner

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Barry Schwartz

Barry Schwartz

(773) 617-9738
Senior Loan Officer

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Status: Sold
Property Type:Multi Family- 2-4 Units
MLS #:11795360
Date Sold:8/1/2023
This well-maintained Victorian 2-flat situated in vibrant Wrigleyville is filled with natural light and offers ample space. The upper level comprises a generous 4-bedroom duplex that gives the impression of a single-family home, while the lower level features a 2-bedroom unit. The property yields exceptional rental income and features high ceilings, numerous upgrades, a delightful outdoor area, and a 2-car garage, making it an all-encompassing investment opportunity. Positioned on a tranquil street just two blocks from Wrigley Field, it is ideally located in the center of East Lakeview's shopping, dining, and entertainment hub, including the Southport Corridor. In addition, public transportation is conveniently accessible.

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Price Change History

Date Old Price New Price Percent Change

Community Information

Address:1040 W Newport Ave, Chicago, IL 60657
Area:Lake View
Township:Lake View
Zip Code:60657

School Information

School District:299
High School:Lake View High School
Middle School:Nettelhorst Elementary School
Elementary School:Nettelhorst Elementary School


Bedrooms: 6
Bathrooms: 4
Year Built:1894
Exterior Construction Type: Vinyl Siding
Total # Units in Building: 2
Age Range: 100+ Years
Roof: Shake
Foundation: Concrete Perimeter
Basement: Partially Finished, Bathroom Rough-In
Basement Type: Full
Garage Type: Detached
Garage Features: Garage Door Opener(s)
Attached Garage: Yes
Garage Ownership: Owned
Parking: Garage

Features / Amenities

Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Rooms: Den, Enclosed Porch, Gallery, Sun Room, Utility Room-Lower Level
Exterior Features: Balcony, Deck, Patio, Porch
Cars: 2
Garage Spaces: 2
Heat Source / Type: Natural Gas
Total Rooms:19

Property Features

Lot Dimensions:Less Than .25 Acre
Sewer: Public Sewer
Water: Lake Michigan, Public
Transportation: Commuter Bus, Commuter Train
Directions:East from Racine on Newport to the property

Tax and Financial Info

Tax Year: 2021
Tax Annual Amount: $21,918.88
Ownership: Fee Simple
Water / Sewer Expense: $2,700
Insurance Expense: $1,745



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Listing provided courtesy of Mark Allen Realty, LLC.

Listings courtesy of MRED MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of June 16, 2024 4:00 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Properties displayed may be listed or sold by various participants in the MLS