5342 W Newport Avenue, Chicago, IL 60641
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
5342 W Newport Avenue,Chicago, IL 60641
$585,500
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: alcides rodriguez
Office: re/max city
MLS#:12620354
Source:MLSNI
Price summary
- Price:$585,500
About this home
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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Home facts
- Year built:1924
- Listing ID #:12620354
- Updated:May 05, 2026 at 03:39 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:17
- Kitchen Description:Kitchen
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Heating:Radiator(s)
Structure and exterior
- Roof:Rubber
- Year built:1924
- Architectural Style:Traditional
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$585,500
- Tax amount:$7,578 (2024)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2.5
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