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. This unit will be left vacant. 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!

Property Details

PRICE
$1,339,000
BEDROOMS
6
BATHROOMS
6
SQFT
N/A
YEAR BUILT
1895
PARKING SPOTS
N/A
MLS #
12371527
FULL ADDRESS
1120 1120 Newport Avenue
CITY
Chicago, IL
ZIP
60657

Listing Details

Listing Office
Sperry Van Ness
Listing Agent
Timothy Rasmussen
Contact
312-676-1866
Last Data Update
2025-08-18T20:33:30Z

Interior

BATHROOMS
6 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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