This well-maintained Victorian 2-flat situated in vibrant Wrigleyville is filled with natural light and offers ample space. The upper level comprises a generous 4-bedroom duplex that gives the impression of a single-family home, while the lower level features a 2-bedroom unit. The property yields exceptional rental income and features high ceilings, numerous upgrades, a delightful outdoor area, and a 2-car garage, making it an all-encompassing investment opportunity. Positioned on a tranquil street just two blocks from Wrigley Field, it is ideally located in the center of East Lakeview's shopping, dining, and entertainment hub, including the Southport Corridor. In addition, public transportation is conveniently accessible.
Closed
$945,000
1040 W Newport Ave, Chicago, IL 60657
6beds
--sqft
Multi Family
Built in 1894
-- sqft lot
$1,246,600 Zestimate®
$--/sqft
$3,668 Estimated rent
Home value
$1,246,600
$1.16M - $1.35M
$3,668/mo
Zestimate® history
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$3,668/mo
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$6,752/mo
Est. payment
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List your homeWhat's special
High ceilingsEntertainment hubNatural lightNumerous upgradesSouthport corridorPublic transportationAmple space
Zillow last checked:
Listing updated:
Listed by:
Matt Liss 773-415-4744,
Mark Allen Realty, LLC,
Blaze Bilic 630-935-0850,
Mark Allen Realty, LLC
Bought with:
Monica Kovacsinszky
Guidance Realty
Source: MRED as distributed by MLS GRID,MLS#: 11795360
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Den, Enclosed Porch, Gallery, Sun Room, Utility Room-Lower Level
Bathroom
- Features: Soaking Tub
Heating
- Natural Gas
Appliances
- Included: Multiple Water Heaters
Features
- Basement: Partially Finished,Bath/Stubbed,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Patio, Porch
- Exterior features: Balcony
Lot
- Size: 3,125 Square Feet
Details
- Parcel number: 14204090120000
- Special conditions: List Broker Must Accompany
- Other equipment: TV-Cable, Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Shake
Condition
- New construction: No
- Year built: 1894
- Major remodel year: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
- Security: Carbon Monoxide Detector(s)
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $855,890
- Annual tax amount: $21,918
- Date on market: 6/11/2023
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2023 | Sold | $945,000-3.5% |
Source:  MRED as distributed by MLS GRID #11795360 Report a problem | ||
| 6/28/2023 | Contingent | $979,000 |
Source: MRED as distributed by MLS GRID #11795360 Report a problem | ||
| 6/13/2023 | Price change | $979,000-1% |
Source: MRED as distributed by MLS GRID #11795360 Report a problem | ||
| 5/31/2023 | Listed for sale | $989,000 |
Source: MRED as distributed by MLS GRID #11795360 Report a problem | ||
| 5/31/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11769346 Report a problem | ||
| 4/30/2023 | Contingent | $989,000 |
Source: MRED as distributed by MLS GRID #11769346 Report a problem | ||
| 4/27/2023 | Listed for sale | $989,000+11.8% |
Source: MRED as distributed by MLS GRID #11769346 Report a problem | ||
| 8/28/2020 | Sold | $885,000-4.3% |
Source: MRED as distributed by MLS GRID #10698181 Report a problem | ||
| 7/1/2020 | Pending sale | $925,000 |
Source: Berkshire Hathaway HomeServices Chicago #10698181 Report a problem | ||
| 4/25/2020 | Listed for sale | $925,000+33.1% |
Source: Berkshire Hathaway HomeServices Chicago #10698181 Report a problem | ||
| 8/24/2004 | Sold | $695,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $17,195 -10.3% | $85,589 -5.8% |
| 2023 | $19,166 +2.6% | $90,837 |
| 2022 | $18,684 -14.8% | $90,837 -16.7% |
| 2021 | $21,919 +48.1% | $109,000 +56.7% |
| 2020 | $14,805 -0.2% | $69,561 -10% |
| 2019 | $14,840 -14.1% | $77,290 -15% |
| 2018 | $17,275 +41.9% | $90,890 +51.7% |
| 2017 | $12,175 +5.8% | $59,932 |
| 2016 | $11,504 -1% | $59,932 -9.2% |
| 2015 | $11,616 +18.2% | $66,014 +18.8% |
| 2014 | $9,830 -9.4% | $55,549 -10.8% |
| 2013 | $10,845 +1.1% | $62,257 |
| 2012 | $10,724 -6.1% | $62,257 -14.1% |
| 2011 | $11,415 -4% | $72,465 -3.7% |
| 2010 | $11,897 +6.7% | $75,287 -2.8% |
| 2009 | $11,148 +14.9% | $77,429 +11.4% |
| 2008 | $9,705 +0.9% | $69,500 |
| 2007 | $9,621 -0.9% | $69,500 |
| 2006 | $9,712 -2.7% | $69,500 +10.5% |
| 2005 | $9,981 -1.9% | $62,911 |
| 2004 | $10,176 +17.4% | $62,911 |
| 2003 | $8,668 +8.9% | $62,911 +36.4% |
| 2002 | $7,958 +4.2% | $46,115 |
| 2001 | $7,635 +40% | $46,115 |
| 2000 | $5,455 -0.4% | $46,115 +51.7% |
| 1999 | $5,480 | $30,398 |
Find assessor info on the county website
Neighborhood: Lake View
Nearby homes
- $--2 bd2 ba1.1k sqft1040 W Newport Ave #1, Chicago, IL 60657Off Market
- $--4 bd2 ba2k sqft1040 W Newport Ave #3, Chicago, IL 60657Off Market
- $--2 bd1 ba2.5k sqft1040 W Newport Ave #2, Chicago, IL 60657Off Market
- $1,000,0004 bd2 ba2.2k sqft1042 W Newport Ave #2, Chicago, IL 60657Off Market
- $1,483,2004 bd4 ba1.8k sqft1038 W Newport Ave FLOOR 1, Chicago, IL 60657Off Market
- $---- bd-- ba-- sqft1038 W Newport Ave, Chicago, IL 60657Off Market
- $--2 bd1 ba1.2k sqft1042 W Newport Ave #G, Chicago, IL 60657Off Market
- $517,2002 bd1 ba1.3k sqft1042 W Newport Ave #3, Chicago, IL 60657Off Market
Nearby schools
GreatSchools rating
- 8/10Nettelhorst Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 3/10Lake View High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Nettelhorst Elementary School
- Middle: Nettelhorst Elementary School
- High: Lake View High School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,246,600
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Estimated market value
$1,246,600
- Illinois
- Cook County
- Chicago
- 60657
- Lake View
- 1040 W Newport Ave
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