PORTAGE PARK MIXED-USE INVESTMENT OPPORTUNITY
Part of the Gary R. Carlson NW Side Portfolio

5555 W. Newport is a 5-unit mixed-use asset offered as part of the Gary R. Carlson Northwest Side Portfolio, located in Chicago’s Portage Park neighborhood. The property includes one ground-floor retail space along with four residential units, consisting of two 4-bedroom apartments, one 3-bedroom apartment, and one 2-bedroom apartment—a rare large-format mix that appeals to renters seeking extra space in a strong Northwest Side rental corridor. Built in 1961 with 4,400 rentable square feet, the building features durable masonry construction, a building-owned common area laundry, separate tenant-paid electric and gas, and owner-paid water. Positioned on a quiet block near parks, schools, retail, and major transit routes, the property provides steady income with clear upside potential through interior modernization. B3-1 Zoning.

Price is Subject to Offer – visit our Listing Data Room via URL below to access property rent roll and financials. For any questions regarding the property or the Carlson Northwest Side Portfolio, contact the listing agent.