5357 W Waveland Avenue, Chicago, IL 60641
Local realty services provided by:ERA Partners
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 as-is....
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Home facts
- Year built:1922
- Listing ID #:12693206
- Updated:November 14, 2026 at 12:32 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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