5555 W Newport Avenue
Chicago, IL, 60641
$499,000
Beds
0 Baths
0 SqFt
0 Acres
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$499,000
5555 W Newport Avenue
Chicago, IL, 60641
MLS #MRD12559267 image #0MLS #MRD12559267 image #1MLS #MRD12559267 image #2MLS #MRD12559267 image #3MLS #MRD12559267 image #4MLS #MRD12559267 image #5MLS #MRD12559267 image #6MLS #MRD12559267 image #7MLS #MRD12559267 image #8MLS #MRD12559267 image #9MLS #MRD12559267 image #10MLS #MRD12559267 image #11
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.

Property Details

Price:
$499,000
MLS #:
MRD12559267
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiportagepark
Listed Date:
Feb 17, 2026
Total Sq Ft:
6,900
Year Built:
1959
Chi – Portage ParkChiportagepark

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$22,371
Tax Year
2024
Taxes
$14,549
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Mar 12, 2026
939
Commercial Listed
195
Avg DOM
199
Avg $ / SqFt
$1,030,674
Avg List Price

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Property Summary

    5555 W Newport Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60641. It is listed for $499,000 To schedule a showing of MLS#mrd12559267 at 5555 W Newport Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5555 W Newport Avenue
Chicago, IL