NOT LISTED FOR SALE

1342 W Newport Ave Chicago, IL 60657

Lakeview Neighborhood
6 Beds
6 Baths
4,522 Sq Ft
-- Built

Last Sold April 30, 2021

Last sale price $1,300,000 $287 Per Sq Ft

88 Days on Market

Highlights

  • Detached Garage
  • 1-minute walk to Southport Station
  • 1-minute walk to Sheil Park
  • Hamilton Elementary School Rated A-

About This Home

As of April 2021

A monster of a two unit building in Lakeview. Duplex up and a duplex down both with 3 beds and 2 1/2 baths plus massive living space that includes kitchen, dining, formal and living room along with convenient office nooks and even dog washes for your 4 legged friends. Unbeatable Southport Corridor location. 1 minute walk from everything. A total gut rehab plus addition in 2003. Seller added another level on top of the existing structure to turn this Greystone beauty into 4600 sqft property. Live in the owners duplex up and airbnb or lease the duplex down. Currently on MTM for $3200.

Last Agent to Sell the Property

James Sheehan

Sheehan Real Estate License #471021532 Listed on: 12/10/2020

Last Buyer's Agent

Joseph Siciliano

Compass License #471004499

Compass

Property Details

Home Type

  • Multi-Family

Year Renovated

  • 2003

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Net Operating Income $15,458

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Year Renovated

2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2003
  • Total Full or Half Bathrooms: 4.2
  • Zoning Type: MULTI
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2003

Interior Features

  • Number Of Rooms: 22
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Fee Information

  • Gross Expenses: 100

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 14203120210000

Rental Info

  • Gross Rental Income: 38400
  • Total Rental Income: 3200

Multi Family

  • Total Number Unitsin Building: 2
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 4
  • Half Bathsin Building: 2
  • Net Operating Income: 15458

Tax Info

  • Taxes: 19742

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,300,000 -7.1% $287 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $1,400,000 -- $310 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Sheehan

    Seller's Agent in 2021

    James Sheehan

    Sheehan Real Estate

    (773) 368-1977

    7 in this area

    123 Total Sales

    James Sheehan
    Section Image
  • Joseph Siciliano

    Buyer's Agent in 2021

    Joseph Siciliano

    Compass

    (773) 935-4466

    1 in this area

    2 Total Sales

    Joseph Siciliano
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10951240

Midwest Real Estate Data (MRED)

APN: 14203120210000

Illinois Cook County Chicago 60657 Lakeview

1342 W Newport Ave, Chicago, IL

This home is located at 1342 W Newport Ave, Chicago, IL 60657 since 10 December 2020. 1342 W Newport Ave is a home located in Cook County with nearby schools including Hamilton Elementary School, Lake View High School, and Saint Luke Academy.

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