5342 W Newport AVE, Chicago, IL 60641
5342 W Newport AVE, Chicago, IL 60641
5342 W Newport AVE, Chicago, IL 60641
5342 W Newport AVE, Chicago, IL 60641
5342 W Newport AVE, Chicago, IL 60641
5342 W Newport AVE, Chicago, IL 60641
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$ 585,500
Est. payment | /mo

5 Beds

3 Baths


Save
$ 585,500
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12620354

Style Traditional

Bedrooms 5

Year Built 1924

Annual Tax Amount $7,578

Tax Year 2024

Lot Dimensions 32 x 125

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Area Chi - Portage Park

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Radiator(s)

Fireplace N

Exterior

Garage Spaces 2.5

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Alcides Rodriguez of  RE/MAX City 

Nearby Locations

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5342 W Newport AVE