Address
5357 W Waveland Avenue, Chicago, IL
Price
$ 575,000
Property Attributes
- MLS#12693206
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Portage Park
- NeighborhoodPortage Park
- Zip60641
- Style
- Year Built1922
- Taxes$ 9044
- Price$ 575,000
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3125
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Tucked into Portage Park, this rare legal three-flat has been generating steady income for years and comes fully tenant-occupied from closing. Built in 1922 on a generous 31x126 lot, it offers three two-bedroom units, a two-car garage, and a fenced backyard, giving an investor solid fundamentals to build on or a house-hacker room to move into one unit while the others help carry the mortgage. This property offers the new owner has real flexibility, whether that means adjusting rents to market or eventually settling into one of the units. The location does a lot of the work here too, maximizing rentability, just steps from the Montrose Blue Line, the #152 bus, Metra's Mayfair stop, and the shops around Six Corners, with Chopin Park close by. Interior photos are being held back out of respect for current residents, but are available on request through the listing agent, who's happy to arrange a private tour. Please allow a minimum 48 hrs' notice for showings. Property is being conveyed as-is.
| Elementary School | High School |
|---|---|
| Gray Elementary School | Schurz High School |
| Price History | |
|---|---|
| 8/21/2026 | Listed $575,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator(s) |
| Possession | Closing |
| Roof | Rubber |
| Zoning | MULTI |
| Garage Spaces | 2 |
| Construction Materials | Vinyl Siding,Brick |
| Year Built | 1922 |
| Township | Jefferson |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 15 |
| Status | Active |
| Directions | From Addison,north on Long to Waveland. |
| High School | Schurz High School |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Portage Park |
| Elementary School | Gray Elementary School |
| Tax Annual Amount | 9044 |
| Virtual Tour | https://real.vision/5357-west-waveland-avenue?o=u |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Finished,Exterior Entry,Partial Exposure,Full |
|---|---|
| Total Bedrooms | 6 |
| Room Type | Den,Utility Room-Lower Level |
| Total Baths | 3 |
| Bedrooms Possible | 6 |
| Full Baths Building | 3 |
| Total Number of Units | 3 |
Exterior Features
| Parking Features | Yes,Garage Owned,Detached,Garage |
|---|---|
| Lot Features | Corner Lot |
| Water Source | Lake Michigan |
| Total Parking | 2 |
| Lot Dimensions | 31x126 |
| Waterfront Y/N | No |
| Other Equipment | CO Detectors,Ceiling Fan(s) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60641
Price
Taxes
Year Built
Visits
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