5357 W Waveland Avenue,Chicago, IL 60641
Chicago, IL 60641
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.
Details
| MLS # | 12693206 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 16 |
| Listing Provided By | Keller Williams ONEChicago | Ryan Douglas Wells |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| Garage | 2 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 0.09 |
Interior
| Rooms Total | 15 |
|---|---|
| Heating | Radiator(s) |
Exterior
| Roof | Rubber |
|---|---|
| Lot Features | Corner Lot |
| Construction Materials | Vinyl Siding, Brick |
| Patio And Porch Features | Deck, Porch |
| Fencing | Fenced |
Parking
| Parking Features | Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 9044 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60641 |
| Area | CHI Portage Park |
| School District | Schurz High School |
| Elementary School | Gray Elementary School |
| High School | Schurz High School |
| Listing VS Median (in 60641) | |
Price: $575,000 low | high Med: $425,000 On site: 16 low | high Med: 32 | |
Market Activity 60641
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| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60641 |
| Area | CHI Portage Park |
| School District | Schurz High School |
| Elementary School | Gray Elementary School |
| High School | Schurz High School |
| Listing VS Median (in 60641) | |
Price: $575,000 low | high Med: $425,000 On site: 16 low | high Med: 32 | |
