For Sale · MultifamilyLakeview / Wrigleyville
1106–10 W Newport Ave
1106–08 W Newport & 3436–46 N Seminary · Chicago
$12,250,000
Asking Price
24
Units
3.61%
Assumable Debt
95.8%
Occupied
Executive Summary
Renovated Walk-Up, Assumable 3.61% Debt
Twenty-four oversized apartments in a 1919 masonry walk-up, steps from Wrigley Field — gut-renovated in 2020, 95.8% occupied, every utility sub-metered or re-billed to the tenant. The capital work is already spent. What remains is the basis: an assumable $8.75M Fannie Mae loan fixed at 3.61% to 2031, and 9.4% of mark-to-market still on the table.
24
Units
95.8%
Occupied
2020
Full Reno
7
Parking
Asset
Brick & Limestone
- Built
- 1919
- Renovated
- 2020
- Stories
- 3
- Units
- 24
- Reserved Parking
- 7
- Utilities
- Sub-Metered
Interiors
Gut-Renovated, 2020
Quartz · stainless · exposed brick · sub-metered. The reno capital is already spent.
Location
Corner of Newport & Seminary
- Wrigley Field
- 2 blocks
- Southport Corridor
- 3 blocks
- The Loop
- 4.7 miles
- Comps within 1.5 mi
- All 5
Submarket
Lakeview / Wrigleyville
One-mile radius demographics.
100
Walk Score
80
Transit Score
$105,632
Median HHI
101,633
Population · 1 mi
3.8%
Submarket Vacancy
Confidential detail
The full offering — pricing · oversized floor plans · income & expenses · 3.61% fixed to march 2031 · comparable set — is available under confidentiality.
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