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Walk-Up Multifamily Building
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924 W Newport, Chicago, IL 60657

Walk-up multifamily building in Chicago’s Lakeview area with substantial renovation and professional management services.

Property SizeContact for details
Days on Market123

Property Features for 924 W Newport

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: 33 Realty LLC
Listed By: Sean Connelly · License #IL 481011345
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 2:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 33 Realty LLC

Investment Insights

Based on property information with market context.

This walk-up multifamily building offers an investor an opportunity to acquire a residential income asset that has undergone substantial renovation and includes professional management services.

Located in Chicago’s Lakeview neighborhood, the property is positioned to appeal to tenants seeking a walkable northside lifestyle with access to public transportation and proximity to key area destinations.

The offering is for the acquisition of 924 W Newport, presented as a rarely available walk-up building with upgraded improvements and ongoing management support.

Key Highlights

  • Walk‑up multifamily building at 924 W Newport in Chicago’s Lakeview neighborhood
  • Substantial renovation reported for the property
  • Professional management services implemented

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Food Market Auto Parts Store Grocery & Convenience Store Auto Repair Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,518
Businesses Nearby

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Walk-up multifamily building in Chicago’s Lakeview area with substantial renovation and professional management services.
Where is this multifamily property located?
The property is located at 924 W Newport Chicago, IL.
What are key features of this property?
This property features: Walk‑up multifamily building at 924 W Newport in Chicago’s Lakeview neighborhood; Substantial renovation reported for the property; Professional management services implemented
(847) 651-5868 Call to check price and availability
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