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5342 W Newport Avenue

Chicago, IL 60641
  • $585,500
  • STATUS: Pending
  • MLS #: 12620354
Pending
UPDATED: 94 min ago
$585,500
  • 5
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

School District:
299

Description

Rarely available, traditional two-unit brick building located in the highly sought-after Portage Park neighborhood, just half a block from Chopin Park and within walking distance to the vibrant Central and Belmont business district and the Portage Park Olympic Pool. This owner-occupied property offers an excellent opportunity for both homeowners and investors. Each of the main and second-floor units features two generously sized bedrooms plus a tandem room adjacent to the second bedroom, ideal for an office, nursery, or additional living space. Both units include formal living and dining rooms showcasing well-maintained original woodwork and decorative fireplaces. The second-floor unit boasts hardwood floors throughout. The spacious eat-in kitchens are equipped with 42-inch cabinets, ample natural light and included appliances with plenty of room for a kitchen table. There is a in unit washer dryer in bathroom. Enclosed porches on both levels provide additional living or storage space. The fully finished basement, accessible via two exterior entrances, features modern 12x24 gray ceramic tile throughout, one large bedroom with a spacious closet, a full bathroom with a stand-up shower, and a summer kitchen. Additional basement amenities include a dedicated laundry area with utility sink and a 9x10 workroom that can easily be converted into an extra bedroom or home office. Situated on an oversized 32x125 lot, the property offers a generous backyard complete with a large pool (included) and a newer oversized 2.5-car garage with abundant storage. A wrought iron gate encloses a concrete patio-perfect for outdoor entertaining or potential carport use. This well-maintained building offers solid construction with great bones and is ready for your updates and personal touch. With strong rental potential and continued development in the surrounding area, this is an excellent opportunity for first-time buyers, multi-generational living, or investors looking to expand their portfolio. Conveniently located just minutes from shopping, dining, parks,schools and transportation. Don't miss this exceptional opportunity.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties.

Based on information submitted to the MLS GRID as of 2026-05-11T15:24:04.72 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5342 W Newport Avenue Chicago, IL 60641

  • Price: $585,500
  • Status: Pending
  • On Site: Days
  • Updated: 94 min ago
  • MLS #: 12620354
5
Beds
0
Baths
0
½ Baths
N/A
Acres
1924
Built
Neighborhood:
Chi - Portage Park
County:
Cook
Area:
Chi - Portage Park
School District:
299
Property Description
Rarely available, traditional two-unit brick building located in the highly sought-after Portage Park neighborhood, just half a block from Chopin Park and within walking distance to the vibrant Central and Belmont business district and the Portage Park Olympic Pool. This owner-occupied property offers an excellent opportunity for both homeowners and investors. Each of the main and second-floor units features two generously sized bedrooms plus a tandem room adjacent to the second bedroom, ideal for an office, nursery, or additional living space. Both units include formal living and dining rooms showcasing well-maintained original woodwork and decorative fireplaces. The second-floor unit boasts hardwood floors throughout. The spacious eat-in kitchens are equipped with 42-inch cabinets, ample natural light and included appliances with plenty of room for a kitchen table. There is a in unit washer dryer in bathroom. Enclosed porches on both levels provide additional living or storage space. The fully finished basement, accessible via two exterior entrances, features modern 12x24 gray ceramic tile throughout, one large bedroom with a spacious closet, a full bathroom with a stand-up shower, and a summer kitchen. Additional basement amenities include a dedicated laundry area with utility sink and a 9x10 workroom that can easily be converted into an extra bedroom or home office. Situated on an oversized 32x125 lot, the property offers a generous backyard complete with a large pool (included) and a newer oversized 2.5-car garage with abundant storage. A wrought iron gate encloses a concrete patio-perfect for outdoor entertaining or potential carport use. This well-maintained building offers solid construction with great bones and is ready for your updates and personal touch. With strong rental potential and continued development in the surrounding area, this is an excellent opportunity for first-time buyers, multi-generational living, or investors looking to expand their portfolio. Conveniently located just minutes from shopping, dining, parks,schools and transportation. Don't miss this exceptional opportunity.
Exterior Features

Architectural Style Traditional Foundation Details Concrete Perimeter Lot Size Oversized Chicago Lot Multi Family Type 2 Flat Parking Features Garage Door OpenerGarageYesGarage OwnedDetached Parking Total 2.5 Roof Rubber Waterfront YN No

Interior Features

Basement Bathrooms YN No Basement Details FinishedFullWalk-Out Access Bedrooms Below Grade 0 Bedrooms Total 5 Full Baths In Building 3 Half Baths In Building 0 Heating Radiator(s) Room Type KitchenEnclosed PorchWorkshop Rooms Total 17

Property Features

Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Mls Actual Status Pending New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 7578.24 Tax Year 2024 Total Numberof Unitsin Building 2 Township Jefferson Type Two to Four Units Water Source Public

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of RE/MAX City: 773-775-0600.



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties.

Based on information submitted to the MLS GRID as of 2026-05-11T15:24:04.72 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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