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902 W Newport Ave
Chicago, IL 60657 Lakeview

$1,525,000 USD

Apartments For Sale • 4,600 SF

Property Details

Property Type Apartments
Total Building Size 4,600 SF
Building Class C
Year Built 1901
Cap Rate 5.96 %
Zoning RM5

86 Transit Score

96 Walk Score

                
                    Highlights
                
                                Stunning Greystone 3-unit in Wrigleyville/Lakeview Chicago
                            
                                100% occupancy / near 6% CAP rate
                            
                                Includes incredible open-concept 2-story duplex-up owners unit with 2 rear decks and 1 private rooftop deck

Property Flyers

902 Newport Rent Roll

Financial Summary (Actual)

Net Operating Income: $90,822 USD (2024)

Cap Rate:	5.96 %
Total Expenses:	$26,778 USD

Amenities

Air Conditioning
Dishwasher
Heating
Eat-in Kitchen
Kitchen
Hardwood Floors
Double Pane Windows
Porch

Public Transportation

Commuter Rail	Drive	Walk	Distance
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra))	7 min	-	3.0 mi
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	7 min	-	3.2 mi
Transit/Subway	Drive	Walk	Distance
Addison Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L"))	2 min	6 min	0.3 mi
Belmont Station (Brown, Purple, Red Lines) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"), Red Line - Chicago Transit Authority "L" Trains (The "L"))	2 min	9 min	0.5 mi
Wellington Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"))	3 min	14 min	0.7 mi
Southport Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"))	4 min	14 min	0.7 mi
Sheridan Station (Red Line - Chicago Transit Authority "L" Trains (The "L"))	3 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Chicago Midway International	31 min	-	15.0 mi
Chicago O'Hare International	48 min	-	18.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

John Korolis 847-275-4550 Prime Capital Real Estate

902 W Newport Ave Chicago, IL 60657 Lakeview