Multi-Family: MLS #12664568 Chicago, IL ^$ 2,349,000

Multi-Family: MLS #12664568

^$ 2,349,000

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Multi-Family: MLS #12664568

Name: address
Address: IL, 60638

Chicago, IL, 60638

^$ 2,349,000

Bedrooms11 Baths7.0 Sq 5,913

Monthly Estimate*

^$ 14,463

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Multi-Family Home for sale in Chicago, IL

for $2,349,000 with 11 bedrooms and 7 full baths. This 5,913 square foot home was built in 1890.

Nestled on a Quite, tree lined street in a highly sought after historic neighborhood, 863 W Newport Avenue presents a distinctive opportunity to own a classic well maintained and nicely upgraded multi-unit property, with exceptional income and long term potential. The three unit greystone front building boast all three bedroom / two bath units with nicely appointed kitchens and baths, all with separate GFA. The brick rear coach house stands alone with two bedrooms, one bath, updated kitchen, landry room with stackable washer/dryer. Additional space for storage or home gym. This coach building also has a two car garage that brings in additional parking income. The property has been well maintained and ready for new ownership.

Multi-Family Active

Price

^$ 2,349,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 42,190

Style

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12664568

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 2

Construction Materials Brick Stone

Year Built 1890

Township Lake View

Tax Year 2024

Ownership Fee Simple

Gross Income 190200

County Cook

Insurance Expense 5954

New Construction N

Property Type Residential Income Two to Four Units

MaintenanceExpense 2600

Total Rooms 30

Status New

Directions Clark Street To Newport Ave East to 863

High School Lake View High School

City Chicago

High School District 299

MLS Area CHI - Lake View

Elementary School Nettelhorst Elementary School

Tax Annual Amount 42190

Electric Expense 300

Fuel Expense 1978

Water Sewer Expense 2827

Virtual Tour https://my.matterport.com/show/?m=Snhz48nmYtr&brand=0

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Finished Partially Finished Exterior Entry Full Daylight

Total Bedrooms 11

Total Baths 7

Bedrooms Possible 11

Bathroom Separate Shower Soaking Tub

Full Baths Building 7

Half Baths Building 0

Total Number of Units 4

Exterior

Parking Features Yes Garage Owned Attached Detached Garage

Water Source Public Community

Total Parking 2

Lot Dimensions 25 x 125

Waterfront Y/N N

Other Equipment CO Detectors

* Excluded Features

List By

Compass

Broker

rich.kasper@compass.com;kaspergroup@compass.com

Affordability Calculator

$17,979

Per Month

Monthly Principal & Interest: $14,463
Monthly Property Taxes: $3,516
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,111

Percent of Sale Price 74%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

568142 Elementary School

566846 Middle School

Lake View High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/3/2026	$2,349,000		Listed Price

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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/5/2026.

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Multi-Family: MLS #12664568

Multi-Family Home for sale in Chicago, IL

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