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- LoopNet Team
1106 W Newport Ave
Chicago, IL 60657
1106 W Newport Ave · Build-to-Rent Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Property Size | 24,900 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 3 |
| Costar Property Class | B | Year Built/Renovated | 1919/2020 |
| Total Plot Size | 0.29 ac | Parking Allocation | 0.28/1,000 sq ft |
| Use Class | RT-4 | ||
| No. Units | 24 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Costar Property Class | B |
| Total Plot Size | 0.29 ac |
| Property Size | 24,900 sq ft |
| Average Occupancy | 100% |
| No. Floors | 3 |
| Year Built/Renovated | 1919/2020 |
| Parking Allocation | 0.28/1,000 sq ft |
| Use Class | RT-4 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
ABOUT 1106 W NEWPORT AVE , CHICAGO, IL 60657
Marcus & Millichap is proud to present 1106 West Newport Avenue, located in the Lakeview neighborhood of Chicago, Illinois. The subject property is composed of 24 one-bedroom apartments and a four-car garage. There are three different floor plans varying in size and layout. The layouts lend to the opportunity to update and convert into two-bedroom apartments. Due to the open basements, there is the ability to duplex down to create large three and four-bedroom apartments. The property has new windows and tuckpointing was completed in the summer of 2017. The plumbing is a combination of copper and galvanized and there are two washers and dryers on-site. The subject property is a four-minute walk to Chicago Transit Authority’s (CTA) 22 bus stop, a four-minute walk to CTA’s 152 bus stop, and a sevenminute walk to CTA’s Addison Red Line train stop. The property is also an eight-minute drive to Lake Shore Drive, and a 16-minute drive to the Kennedy Expressway (I-90/94).
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 24 | - | - |
PROPERTY TAXES
| Parcel Number | 14-20-408-025-0000 | Improvements Assessment | £233,345 |
| Land Assessment | £173,831 | Total Assessment | £407,176 |
PROPERTY TAXES
