Active

$575,000

5357 Waveland Avenue, Chicago, IL 60641
6 Beds3 Baths7 days
5357 Waveland Avenue·Chicago, IL 60641
6Bedrooms
3Bathrooms
1922Year Built
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.

MLS# 12693206Listed August 21, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms15

Size & Structure

Garage Spaces2
Year Built1922
Lot Size31x126

Location

CountyCook
TownshipJefferson
Zip Code60641

Financial

List Price$575,000
Annual Taxes (2024)$9,044
Monthly Tax Est.$754
Parcel #13211280010000
Interior Features

Heating

Radiator(s)

Basement

FinishedExterior EntryPartial ExposureFull
Exterior & Lot

Construction

Vinyl SidingBrick

Roof

Rubber

Patio & Porch

DeckPorch

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
Schools
Elementary
Gray Elementary School
District: 299
High School
Schurz High School
District: 299
Tax & Financial
Annual Taxes
$9,044
Tax Year 2024
Monthly Tax Est.
$754
per month
Property Location

5357 Waveland Avenue, Chicago, IL 60641 — Cook County

$575,000
5357 Waveland Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
2-car garage
31x126
$9,044/yr taxes
$3,776
estimated monthly payment
Principal & Interest
$3,022/mo
Property Tax
$754/mo
$575,000
20% — $115,000
3%50%
6.875%
3%12%
Loan Amount
$460,000
Down Payment
$115,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams ONEChicago
Agent: Ryan Douglas Wells
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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