814 W Newport Avenue, Chicago, IL 60657

Stunning Rehabbed Greystone 3-flat + tall basement on a quiet 1-way street steps from Wrigley Field  3-bed/1.5-bath (can easily add a shower for 2nd full bath) - lease exp 7/31/25 @ $2,990 per month...UNIT #2; 2-bed/2-bath and was just rented @ $3,200 per month ...UNIT #1; 3-bed/2-bath (lease exp 7/31/25 @ $2,670 per month).  4 gas meters and 4 electric panels. ***EXCELLENT TOTAL ANNUAL INCOME of $129,320  minus - $31,354 in total expenses = $97,966  (NOI) TOTAL ANNUAL NET OPERATING INCOME  for a Solid 6.1%  CAP rate.***Also, investing an additional $120K in creating a legal 4th garden unit which is allowed under the current R5 zoning (existing ceiling height is very tall @ 7'-8") & 5th parking spot brings the CAP rate up to 8%!!