Property profile

901 Newport Ave 1 Chicago, IL 60657

OFF-MARKET
Residential income homes
Property ID
US28-2510012
4,972 SF 0.07 ac lot Built 1892
Individually Owned 3-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1892
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,972 SF
Lot 0.07 ac (3,125 SF)
APN 14-20-413-020
UPID US28-2510012

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

901 Newport Ave, Unit 1 Chicago, IL 60657-2348
Chicago metro Census 62100 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.28M
CAP Approach CAP
$1.28M
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$2.31M

Owner & transaction history

since 2022
Last sale
$1.9M
5 recorded transactions
2022
$1.9M
2018
$1.5M
2013
$900,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.2M +13.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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