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  • $560,000

    5342 W Newport Ave, Chicago, IL 60641

    4beds
    --sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $560,400 Zestimate®
    $--/sqft
    $2,055 Estimated rent

    Home value

    $560,400

    $510,000 - $616,000

    $2,055/mo

    Zestimate® history
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    What's special

    Traditional two-unit brick buildingDecorative fireplacesFully finished basementTwo generously sized bedroomsWell-maintained original woodworkAmple natural lightIncluded appliances
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Al Rodriguez 773-775-0600,

    RE/MAX City

    Bought with:

    Norma Arias

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12648607MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 3
    Rooms
    • Room types: Kitchen, Enclosed Porch, Workshop
    Heating
    • Radiator(s)
    Features
    • Basement: Finished,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Garage Door Opener, Garage, Yes, Garage Owned, Detached
    • Garage spaces: 2.5
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    • Pool features: Above Ground
    • Fencing: Fenced
    Lot
    • Size: 4,000 Square Feet
    • Dimensions: 32 x 125
    Details
    • Parcel number: 13213100240000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $410,000
    • Annual tax amount: $7,578
    • Date on market: 5/14/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/1/2026Sold$560,000-1.2%
    Source: MRED as distributed by MLS GRID #12648607 Report a problem
    5/20/2026Pending sale$567,000
    Source: REMAX Report a problem
    5/20/2026Listing removed$567,000
    Source: MRED as distributed by MLS GRID #12648607 Report a problem
    5/19/2026Pending sale$567,000
    Source: MRED as distributed by MLS GRID #12648607 Report a problem
    5/14/2026Price change$567,000-3.2%
    Source: MRED as distributed by MLS GRID #12648607 Report a problem
    5/8/2026Pending sale$585,500
    Source: MRED as distributed by MLS GRID #12620354 Report a problem
    5/5/2026Listed for sale$585,500+99.8%
    Source: MRED as distributed by MLS GRID #12620354 Report a problem
    6/2/2017Sold$293,000+41.5%
    Source: Public Record Report a problem
    3/4/1999Sold$207,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,578 +6.6%$41,000 +10.8%
    2023$7,111 +2.9%$37,000
    2022$6,911 +2%$37,000
    2021$6,775 +31%$37,000 +40.7%
    2020$5,170 -4%$26,296 -13%
    2019$5,387 +1.7%$30,226
    2018$5,295 -8.7%$30,226 -0.3%
    2017$5,801 +4.1%$30,309
    2016$5,574 +9.8%$30,309
    2015$5,076 +14.2%$30,309 +14.3%
    2014$4,446 +2.3%$26,512
    2013$4,347 +0.8%$26,512
    2012$4,313 -23.6%$26,512 -31.7%
    2011$5,643 +1.9%$38,838
    2010$5,535 +7.8%$38,838
    2009$5,135 -3.9%$38,838 -11.6%
    2008$5,344 +49.1%$43,934
    2007$3,584 -14.5%$43,934
    2006$4,189 +6.7%$43,934 +40.2%
    2005$3,926 +2.9%$31,329
    2004$3,815 +3.8%$31,329
    2003$3,674 -1.3%$31,329 +39%
    2002$3,724 +4.7%$22,531
    2001$3,558 +12.7%$22,531
    2000$3,156 -0.3%$22,531 +22.5%
    1999$3,165 $18,394
    Find assessor info on the county website

    Neighborhood: Portage Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $560,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $560,400