5357 W Waveland Avenue Chicago, IL $ 575,000
5357 W Waveland Avenue
$ 575,000
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5357 W Waveland Avenue

Chicago, IL, 60641
$ 575,000
Bedrooms6 Baths3.0 Sq 3,125

Monthly Estimate*

$ 3,631

5357 W Waveland Avenue, Chicago, IL 60641 - Image 1
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5357 W Waveland Avenue, Chicago, IL 60641 - Image 11
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Multi-Family Home for sale in Chicago, IL

for $575,000 with 6 bedrooms and 3 full baths. This 3,125 square foot home was built in 1922.

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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Multi-Family Active

Price

$ 575,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,044

Style

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12693206

Features
General
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 N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
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
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Interior
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
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Garage Owned Detached Garage
Lot Features Corner Lot
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 31x126
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s)
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* Excluded Features
List By
Keller Williams Onechicago

Broker

ryan@stephenandryan.com;team@stephenandryan.com

Email

Affordability Calculator

$4,384
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$754
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1102598 Elementary School
566846 Middle School
Schurz High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$575,000 Listed Price

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5357 W Waveland Avenue, Chicago, IL, 60641 is a Multi-Family Home for sale at $575,000 with 3,125 sqft. 5357 W Waveland Avenue has 6 bedrooms, 3.0 baths, and was built in 1922. The property's zip code is 60641 which is in Chicago, IL