Rare 2-Flat with 2-Unit Coach House in Prime Lake View Location

Description:

Rare Investment Opportunity in Prime Lake View Location With Significant Rental Growth Potential
Presenting an architecturally stunning and well-maintained four-unit property, featuring a front two-flat and a two-unit coach house. This exceptional property offers spacious living arrangements, ideal for both investors and owner-occupants.

Unbeatable Location
Nestled in the heart of Lake View, this property is just two blocks east from the bustling Southport Corridor and within a short walk to Wrigley Field, theaters, parks, premier shopping, and an array of top-rated restaurants. Additionally, it falls within the highly sought-after Hamilton School District.

Front Building
• First-Floor Unit: 1 bedroom, 1 full bath, plus a duplex-down featuring an additional bedroom, bath, and sitting area. A sun-filled living room, a well-appointed kitchen, and beautiful hardwood floors enhance the unit. Comfort is ensured with air conditioning, a gas-forced air furnace, and in-building laundry facilities.
• Second-Floor Unit: 1 bedroom, 1 bath, highlighted by original woodwork and doors that retain the home’s classic appeal. Includes a thoughtfully designed kitchen, gas-fired furnace with A/C, and in-unit washer and dryer.

Coach House
• First-Floor Unit: 1 bedroom, 1 full bath, plus a duplex-down bedroom and bath. A sunlit living room and stylish kitchen create a cozy yet spacious feel. Features include central air conditioning, a gas-forced air furnace, and hardwood floors.
• Second-Floor Unit: 1 bedroom, 1 bath, featuring charming original woodwork and doors. Includes a well-equipped kitchen and gas-fired furnace with central A/C.

Additional Property Highlights
• Basement with washer and dryer, mechanical systems, and utilities.
• Recent updates include a newer roof, parapet wall repairs, and upgraded windows.
• Individually metered for gas and electricity, providing convenience for both owners and tenants.

This is a rare opportunity to own a versatile, character-filled property in one of Chicago's most desirable neighborhoods. Don’t miss your chance to invest in this exceptional offering!

Discover the vibrant neighborhood surrounding this prime Chicago investment opportunity. Situated in the heart of Lakeview, the property offers convenient access to amenities and attractions. Residents will enjoy exceptional dining options, charming boutiques, and recreational opportunities. With Wrigley Field just a short walk away, sports enthusiasts will relish the atmosphere of game days. There's also the vibrant Southport retail and restaurant corridor less than two blocks to the west.

1120 W Newport is well-served by public transportation options, including the Chicago Transit Authority (CTA) 'L' trains and buses. CTA 'L' Train Stations:

Southport
Station (Brown Line): Approximately a 7-minute walk from 1120 W Newport Ave, this station provides access to the Brown Line, which runs between Albany Park and downtown Chicago.

Addison
Station (Red Line): Also about a 7-minute walk away, this station offers access to the Red Line, connecting the area to various parts of the city.

Belmont Station (Red, Brown, and Purple Lines): Located approximately a 10-minute walk from the address, Belmont Station provides access to multiple lines, facilitating travel to different areas of Chicago.

CTA Bus Stops: Clark & Roscoe (South): A 3-minute walk from 1120 W Newport Ave, this stop serves the 22 Clark bus route.

Addison & Clark (East): Approximately a 5-minute walk away, this stop serves the 152 Addison bus route.

Belmont & Seminary (West): This stop, about a 7-minute walk from the address, serves the 77 Belmont bus route.

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