5342 W Newport Avenue, Chicago, Illinois 60641

$560,000
5
BD
3
BA

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Sold Price
$560,000
List Price
$567,000
Closing Date
Jul 01, 2026
MLS#
12648607
Status
CLOSED
Type
Multifamily
Subtype
Residential Income
Bedrooms
5
Bathrooms
3
County
Cook
City
Chicago
Neighborhood
Portage Park
Days On Market
3

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.

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2024
Tax Exemptions
Homeowner
Tax Amount
$7,578
Year Built
1924
Lot Dimensions
32 x 125
Lot Size Range
Oversized Chicago Lot
Units
2
Garage Spaces
2.5
Parking Spaces
2.5
Parking Details
Garage Door Opener, Garage, Yes, Garage Owned, Detached
Heating
Radiator(s)
Sewer
Public Sewer
Basement
Yes

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Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid

Selling Office: Coldwell Banker Realty.



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