Chicago · Cook County · IL
Homes for sale in
Newport Condominiums.
- Active listings
- 1
- Median list
- $105K
- Avg time on market
- 57 days
- Sold · last year
- 6
Active listings
1 home on the market
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About the community
Attainable, full-service living right on the Hyde Park lakefront.
Newport Condominiums is a 27-story lakefront high-rise completed in 1962 at 4800 South Chicago Beach Drive, on the shoreline where East Hyde Park meets North Kenwood. One of the larger condominium buildings on the South Side lakefront, it carries a wide mix of studios through three-bedrooms across two wings, with a staffed front desk, an indoor pool, and a fitness club. Its assessments bundle heat, hot water, water, and cable, which helps make it one of the more attainable ways to own a full-service home directly on Lake Michigan in Hyde Park and Kenwood.
At a glance
Directly on the lakefront
A 27-story tower on the Hyde Park and Kenwood shoreline off South Chicago Beach Drive, with the Lakefront Trail at the door.
Vintage 1962 high-rise
One of the larger South Side lakefront buildings, with roughly 730 to 800 residences across two wings. Sources vary, so confirm the exact count.
Studios to three-bedrooms
A wide mix from compact studios to larger three-bedroom homes, with units ranging from original vintage condition to fully renovated.
Indoor pool and fitness
A doorman front desk, an indoor heated pool, a fitness club, a sundeck, common laundry, storage, and an on-site convenience mart and cafe.
Utilities in the assessment
Assessments bundle heat, hot water, water, and cable, so the all-in monthly cost is more predictable than the sticker figure suggests.
Metra to downtown
About a block from a Metra Electric station running express to Millennium Station, with direct Lake Shore Drive access downtown.
Chicago Public Schools
Shoesmith Elementary and Kenwood Academy are commonly cited nearby. Confirm the attendance boundary by address with CPS.
What’s close
Newport sits at 4800 South Chicago Beach Drive on the Hyde Park and Kenwood lakefront, next to Lake Shore Drive and the Lakefront Trail.
- Lakefront
- Directly on the shoreline with the Lakefront Trail at the door, and Promontory Point and the Hyde Park lakefront parks a short distance south.
- Hyde Park
- A short drive or bus ride to the University of Chicago, the Museum of Science and Industry, and the 53rd Street retail and dining corridor.
- Building amenities
- A doorman front desk, an indoor heated pool, a fitness club, a sundeck, common laundry, storage, and an on-site convenience mart and cafe.
- Transit
- About a block from a Metra Electric station with express service downtown, plus CTA bus service and direct Lake Shore Drive access.
- Downtown
- Roughly a 10-minute drive to downtown via Lake Shore Drive under normal conditions.
- Schools
- Chicago Public Schools, with Shoesmith Elementary and Kenwood Academy commonly cited. Confirm the boundary by address with CPS.
What it’s actually like to live here
Newport offers something scarce in Chicago: full-service, staffed high-rise living directly on the Lake Michigan shoreline at a genuinely attainable entry point. For a University of Chicago affiliate, a downtown commuter who wants the Metra Electric a block away, or a first-time buyer who wants a doorman and a pool without a downtown price tag, the value proposition is strong. Step out the door and you are on the Lakefront Trail, and a short trip inland puts you in the heart of Hyde Park's cultural and retail life around 53rd Street and the University.
The honest tradeoffs are the ones common to large 1960s lakefront buildings. This is a structure more than 60 years old, so mechanical systems, facade, elevators, and common areas require ongoing capital investment, and that shows up in assessments that are meaningful relative to unit size. The upside is that those assessments bundle heat, water, hot water, and cable, so the all-in monthly cost is more predictable, but vintage buildings can levy special assessments for major projects, so reviewing the association's reserves, recent and planned capital work, and meeting minutes is essential before buying.
Parking and building rules also deserve diligence. Parking availability and structure vary across public sources, from valet to leased spaces, so a buyer who needs a car should confirm the arrangement and cost in writing before committing. With a large unit count and a mix of owners and renters, this is a big-building lifestyle: convenient and amenity-rich, but more institutional in feel than a small boutique conversion. For buyers who want that walk-to-the-lake, doorman-and-pool lifestyle at a mid-market price, the tradeoffs are usually worth it. For current pricing and market activity, see the live Market snapshot on this page.
The questions buyers actually ask
Newport Condominiums FAQ
The questions I get most from buyers shopping Newport Condominiums. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Monthly assessments at Newport are typical of a full-service vintage lakefront high-rise and are on the higher side relative to unit size because they carry staff, an indoor pool, and shared utilities. Building records indicate the assessment includes heat, hot water, water, and cable, along with door staff, common-area maintenance and insurance, and reserves, so the all-in monthly cost is more predictable than the sticker assessment suggests. As with any building of this age, confirm the current amount, reserve levels, and any special-assessment history from the condo documents for the specific unit.
- Is this building actually on the lake?
- Yes. It sits directly on the Hyde Park and Kenwood lakefront off South Chicago Beach Drive, next to Lake Shore Drive and the Lakefront Trail, with upper east-facing units overlooking Lake Michigan.
- How old is the building and how big is it?
- It was completed in 1962 and rises 27 stories. It is a large building, with public sources citing roughly 730 to 800 residences across two wings. The exact count is not firmly established across records, so confirm it with management.
- What do the monthly assessments include?
- Building records indicate assessments include heat, hot water, water, and cable, plus building services and common storage, which makes the all-in monthly cost more predictable. Exact per-unit assessments vary by size and line and should be confirmed against current condo documents, including reserves and any special assessments.
- Is there parking?
- Parking arrangements vary across public sources, from valet to leased spaces, so confirm directly with management whether parking is deeded, rental or waitlisted, or valet, and what it costs, before assuming a space comes with a unit.
- What schools serve the building?
- It is in Chicago Public Schools, with Shoesmith Elementary and Kenwood Academy commonly cited as the nearby attendance-area schools. Confirm the current assignment for this exact address using the CPS School Locator. The nearby University of Chicago Laboratory Schools are private, not the neighborhood school.
- What will a unit cost, and how is the market right now?
- Pricing and market activity change constantly, so this page does not quote a static number. See the live Market snapshot on this page for current pricing, inventory, and market pace, and confirm property taxes for the specific PIN with the Cook County Treasurer.
- Who is the real estate agent for Newport Condominiums?
- Joe Keegan is the local licensed Illinois real estate broker who covers Newport Condominiums in Chicago, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Newport Condominiums specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Newport Condominiums
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Chicago specialist
- Honest local market take
- Brokerocity
Market snapshot
Newport Condominiums, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$105,000
Homes for sale right now
1
Avg time on market
57 days
Sold in the last year
6
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 5, 2025 through August 5, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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