Newport Capital Partners

Owner: Derrick Mcgavic
Acct #391375
2
Total Licenses
1
Active
1
Locations
2014
Operating Since

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Business Summary

Past revocationRecently relocated

Newport Capital Partners has been operating in Chicago since 2014 (~12 years). They currently hold 1 active license (2 total on file) across 1 location in RIVER NORTH and LOOP.

Primary activity: Operation of an Administrative Commercial Office (Professional Services).

Notable: Past revocation and Recently relocated.

Most recent activity: relocation on 2026-07-24.

Locations

2 addresses on file
  • 225 W WACKER DR 1850Loop · 1 licenseActive
    Licenses (1)
    • Limited Business LicenseActive2026-07-24
  • 353 N CLARK ST 36 3625Near North Side · 3 licensesInactive
    Licenses (3)
    • Limited Business LicenseCancelled2024-05-22
    • Limited Business License2022-09-23
    • Limited Business License2021-06-01

Activities

Operation of an Administrative Commercial Office

Licenses

4 records

One row per license event since 2020. Tap any row for the full record. A renewal with no issuance below it points to a license first issued before our 2020 coverage window.

Limited Business LicenserelocationActiveIssued 2026-07-24 · Expires 2028-07-15
License number
3091195
License code
1010
Site number
3
DBA name
Newport Capital Partners
Legal name
Newport Capital Partners Holding, LLC
Address
225 W WACKER DR 1850, CHICAGO, IL 60606
Business activity
Operation of an Administrative Commercial Office
Application type
C_LOC
Conditional approval
N
License start
2026-07-24
Payment date
2026-07-23
Date issued
2026-07-24
Expiration
2028-07-15
Status change
Data not available
Ward
42
Precinct
Data not available
Police district
1
Community area
Loop
Neighborhood
LOOP
SSA
Data not available
Limited Business LicensecancellationCancelledIssued 2024-05-22 · Expires 2026-07-15
License number
2786237
License code
1010
Site number
2
DBA name
Newport Capital Partners
Legal name
Newport Capital Partners Holding, LLC
Address
353 N CLARK ST 36 3625, CHICAGO, IL 60654
Business activity
Operation of an Administrative Commercial Office
Application type
RENEW
Conditional approval
N
License start
2024-07-16
Payment date
2024-05-21
Date issued
2024-05-22
Expiration
2026-07-15
Status change
2026-07-08
Ward
42
Precinct
32
Police district
18
Community area
Near North Side
Neighborhood
RIVER NORTH
SSA
Data not available
Limited Business LicenselapseIssued 2022-09-23 · Expires 2024-07-15
License number
2786237
License code
1010
Site number
2
DBA name
Newport Capital Partners
Legal name
Newport Capital Partners Holding, LLC
Address
353 N CLARK ST 36 3625, CHICAGO, IL 60654
Business activity
Operation of an Administrative Commercial Office
Application type
RENEW
Conditional approval
N
License start
2022-07-16
Payment date
2022-09-22
Date issued
2022-09-23
Expiration
2024-07-15
Status change
Data not available
Ward
42
Precinct
32
Police district
18
Community area
Near North Side
Neighborhood
RIVER NORTH
SSA
Data not available
Limited Business LicenselapseIssued 2021-06-01 · Expires 2022-07-15
License number
2786237
License code
1010
Site number
2
DBA name
Newport Capital Partners
Legal name
Newport Capital Partners Holding, LLC
Address
353 N CLARK ST 36 3625, CHICAGO, IL 60654
Business activity
Operation of an Administrative Commercial Office
Application type
C_LOC
Conditional approval
N
License start
2021-06-01
Payment date
2021-06-01
Date issued
2021-06-01
Expiration
2022-07-15
Status change
Data not available
Ward
42
Precinct
32
Police district
18
Community area
Near North Side
Neighborhood
RIVER NORTH
SSA
Data not available

Permits & Construction

Data not available

Property & Census

Neighborhood

Median household income
$132,361
Owner-occupied housing
23.4%
Bachelor’s degree or higher
80.6%
People per sq mi
19,641
White-collar workforce
79.7%
Census tract 17031839100 · ACS 5-year 2024

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