5555 W Newport Avenue, Chicago, IL 60641 - Photo 1

1/1

$595,000

Sold
Closed
Commercial
6,900 Sq. Ft.
Updated 4 days ago

1/1

Property Description

Mixed-use investment opportunity in Portage Park. Masonry brick 5-unit building consisting of four residential apartment units and one street-level retail unit. Residential unit mix includes two 4-bedroom units, one 3-bedroom unit, and one 2-bedroom unit. The retail space is approximately 450 SF. The property features central gas forced-air heating, central A/C, separate electric panels, tenant-paid gas and electric, owner-paid water, and building-owned common-area laundry. Zoned B3-1 and situated on a corner lot. Brick construction with pitched roof. Strong value-add potential. Sold as-is.

Full Property Details

Full Property Details for 5555 W Newport Ave

General

Sold For: $595,000
Taxes: $14,549 (2024)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12559267
Added to Site: 45 day(s) ago

Location

Area: CHI - Portage Park
County: Cook
Driving Directions: Central Ave, north or south until reach Newport Ave.
Location Details: Chicago Northwest, Corner

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air, Gas

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 2
Square Feet: 6,900
# of Stores: 1
Year Built: 1959
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 4
Units w/Range/Oven: 4
# Dryers: 1

Lot Features

Lot Size (Sq. Ft.): 5,425
Lot Dimensions: 43 x 125
Frontage: City Street
Zoning: OTHER

Financial Considerations

Lease Price: $2
Operating Expenses: $36,339
Assessment Year: 1959
Tax Amount: $14,549
Tax Year: 2024
Tenant Pays: Electricity, Heat

Disclosures and Reports

Property ID: 13213120380000

Listed by Triton Realty Group LLC
Sold by Compass

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— 5555 W Newport Ave —

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Schools

Schools serving 5555 W Newport Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Reinberg Elementary School 3425 North Major Avenue, Chicago, IL 60634	PK-8	0.1 mi
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641	9-12	0.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5555 W Newport Ave

Date

Details

Price

Change

Source

3/30/2026

Sold

$595,000

19.24%

MLS

2/17/2026

Listed

$499,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
3
Total Baths
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Sq. Ft.

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Total Baths
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Sq. Ft.

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Total Baths
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5555 W Newport Avenue, Chicago, IL 60641 (MLS# 12559267) is a Commercial property that was sold at $595,000 on March 30, 2026. Want to learn more about 5555 W Newport Avenue? Do you have questions about finding other Commercial real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

5555 W Newport Ave Chicago, IL 60641