IL
Cook
Chicago
60641
5342 W Newport Avenue, Chicago, IL 60641
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Listing Type
Multi Family
Listing Status
Active
14
$600,500

Home Details for 5342 W Newport Avenue

Price
$600,500
Type
Residential Income
Bedrooms
5
Total Bathrooms
3
Year built
1924
County
Cook
Total rooms
17
Garage
2.5
Basement
Finished, Full, Walk-Out Access
MLS Listing#
12620354
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 dining table. 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.

Property Features
  • Parking
    • Garage Door Opener
    • Garage
    • Detached
  • Basement
    • Finished
    • Full
    • Walk-Out Access
  • Water Features
    • Public
Listing Courtesy: RE/MAX City - 773-775-0600
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-25 03:11:41. 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.
Last Updated: 2026-04-25 03:11:41
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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