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Brick Triplex With Garage
New
For Sale
$599,000

5057 W Newport Avenue, Chicago, IL 60641

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 5057 W Newport Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 3, Basement, Bedroom 2, Bathroom 2
Parking 2
Parking features Garage, Open
Basement Finished, Exterior Entry, Full
Elementary school Gray Elementary School
Middle school Gray Elementary School
High school Schurz High School
Elementary school district 299
Middle school district 299
High school district 299
Directions LARAMIE TO NEWPORT EAST TO HOME
Subdivision CHI - Portage Park
Standard status Active
APN 13214060190000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10179

Utilities

Sewer type Public Sewer
Heating system Steam

Amenities

coin-operated laundry
bonus room
landscaped backyard

Building Details

Year built 1930
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Ashley Carter · License #471002063
Added: Sep 3 Changed: Sep 4 Last Checked: Sep 5 at 1:06AM
MLS# 12751156

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal three-flat is constructed of yellow brick and occupies an oversized 31' x 125' lot. The first- and second-floor residences each provide two bedrooms and one bathroom, with hardwood flooring, original architectural detailing, substantial dining rooms, kitchens, and well-proportioned living areas. The garden-level unit includes one bedroom and one bathroom. All three apartments are currently rented and occupied, with separate boilers serving each unit and tenants responsible for their own utilities.

Building improvements include new windows, newer roofing on the building and detached garage, lintel and masonry work, and updated landscaping. Common amenities include coin-operated laundry in the basement, a bonus basement room, a landscaped rear yard, and a detached two-car garage. The property is served by public sewer and has MULTI zoning.

Key Highlights

  • Three‑unit legal multifamily building with all 3 apartments rented and occupied
  • 31' x 125' oversized lot with landscaped backyard
  • Two‑car detached garage plus open parking

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Acupuncture Skin Care Clinic Hotel & Motel Bed & Breakfast Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,243
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-unit property with separate heating systems, shared laundry, a landscaped yard, and detached garage parking.
Where is this triplex located?
The property is located at 5057 W Newport Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three‑unit legal multifamily building with all 3 apartments rented and occupied; 31' x 125' oversized lot with landscaped backyard; Two‑car detached garage plus open parking
More about this property
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