$5,852,355*
●
Commercial -
Off Market
924 West Newport Avenue
Chicago, IL 60657
Studio
0 Bath
$4,680,000 - $5,720,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Rare opportunity to acquire a rarely available walk-up building in
Chicago's Lakeview Neighborhood. Whether it be the vibrant night
life, gourmet dining options, accessibility to public
transportation, proximity to Lake Michigan, or walkability to
Wrigley Field, the property is a perfect base camp for any young
professional to explore the best that Chicago has to offer.
Improvements to the property include: Renovation of all kitchens
with granite counter tops, dishwashers and granite counters --
Renovation of bathrooms with pedestal sinks, tile floor and tile
shower surrounds -- Addition of in-unit washer and dryer --
New electrical service, drop and runs -- Implementation
of ratio utility billing system ('RUBS") for existing tenants.
The property has an excellent current unit mix of one (1)
two-bedroom, one-bathroom unit; sixteen (16) one-bedroom,
one-bathroom units; and six (6) studio units.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$28,500
HOA Dues
-
Year Built
1926
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Mar 31, 2020 | In contract | - | |
In contract | |||
Mar 8, 2020 | Relisted | $5,200,000 | |
Relisted | |||
Mar 7, 2020 | No longer available | - | |
No longer available | |||
Oct 4, 2019 | Listed | $5,200,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
6
Beds
5.5
Baths
9,700 ft²
$587/ft²
$5,695,000
Oct 12, 2022
-
$4,594/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/04/2019
|
|
Studio
|
-
|
-
|
$5,200,000
Studio
-
|
-
-
|
-
|
-
|