5357 W Waveland Avenue, Chicago, IL 60641

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5357 W Waveland Avenue,Chicago, IL 60641
$525,000
Virtual Tour
  • 6 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan douglas wells
Office: keller williams onechicago
MLS#:12693206
Source:MLSNI

Price summary

  • Price:$525,000

About this home

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...

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Home facts

  • Year built:1922
  • Listing ID #:12693206
  • Updated:November 07, 2026 at 12:19 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:15
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Radiator(s)

Structure and exterior

  • Roof:Rubber
  • Year built:1922
  • Lot Features:Corner Lot

Schools

  • High school:Schurz High School
  • Elementary school:Gray Elementary School

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Tax amount:$9,044 (2024)

Features and amenities

  • Amenities:CO Detectors, Ceiling Fan(s)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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