NOT LISTED FOR SALE

4040 W Newport Ave Chicago, IL 60641

Irving Park Neighborhood
6 Beds
2 Baths
2,618 Sq Ft
4,356 Sq Ft Lot

Last Sold March 23, 2020

Last sale price $417,000 $159 Per Sq Ft

7 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Two Heating Systems
  • Separate Outdoor Workshop
  • Porch
  • Ceiling Fan

About This Home

As of March 2020

Irving Park 2 flat with rare 3 bedroom units on a Wide 40 x 112 foot corner lot. Kitchens and baths need updating but tons of potential. Keep as is and enjoy rental income from 1st floor unit. Long time month to month tenants. So rent should be higher. Huge attic could be a duplex up from second floor unit. Or convert to huge single family home. Building features Beautiful wood work with coffered ceilings in dining rooms. Hardwood floors some could use refinishing. Some original doors with glass knobs. Kitchens have pantries plus built in cabinet. Large hall closet. New complete tear off roof. New siding. Separate boilers for each unit. Close to public transportation. Blueline at Addison or Irving Park. Both Metra lines and the Kennedy Edens before the split. CPS Elementary School is a Level 1 Plus. High School has the International Baccalaureate(IB) program. Come make this large home your own. Sold As Is.

Last Agent to Sell the Property

Elizabeth Muscare

Rooney Realty Ltd. License #475100949 Listed on: 11/20/2019

Last Buyer's Agent

Beverly Bahm

Baird & Warner License #475123607

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,633

Year Built

  • Built in 1902

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x112
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Utilities

  • Two Heating Systems
  • Radiator
  • Vented Exhaust Fan
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,633

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s), Fan-Attic Exhaust
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Window Air Conditioner,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens, Workshop
  • Foundation Details: Concrete Perimeter
  • List Price: 429000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Radiator(s), Sep Heating Systems - 2+
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 40X112
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7633.4
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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
03/23/2020 03/23/20 Sold $417,000 -2.8% $159 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $429,000 -- $164 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Muscare

    Seller's Agent in 2020

    Elizabeth Muscare

    Rooney Realty Ltd.

    (773) 590-8233

    3 in this area

    26 Total Sales

    Elizabeth Muscare
    Section Image
  • Beverly Bahm

    Buyer's Agent in 2020

    Beverly Bahm

    Baird & Warner

    (773) 934-1261

    1 in this area

    60 Total Sales

    Beverly Bahm
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10578108

Midwest Real Estate Data (MRED)

APN: 13224150110000

Illinois Cook County Chicago 60618 Irving Park

4040 W Newport Ave, Chicago, IL

This home is located at 4040 W Newport Ave, Chicago, IL 60641 since 20 November 2019. This property was built in 1902. 4040 W Newport Ave is a home located in Cook County with nearby schools including Scammon Elementary School, Schurz High School, and ASPIRA Early College High School.

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