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.
Price cut: $50K (10/20)
$525,000
5357 W Waveland Ave, Chicago, IL 60641
6beds
--sqft
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 79 days
- 292
- 22
Zillow last checked:
Listing updated:
Listed by:
Ryan Douglas Wells 312-636-5832,
Keller Williams ONEChicago
Source: MRED as distributed by MLS GRID,MLS#: 12693206
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Den, Utility Room-Lower Level
Heating
- Radiator(s)
Features
- Basement: Finished,Exterior Entry,Partial Exposure,Full
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Features
- Patio & porch: Deck, Porch
- Fencing: Fenced
Lot
- Size: 3,906 Square Feet
- Dimensions: 31x126
- Features: Corner Lot
Details
- Parcel number: 13211280010000
- Zoning: MULTI
- Special conditions: List Broker Must Accompany
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
- Roof: Rubber
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $9,044
- Date on market: 8/21/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2026 | Price change | $525,000-8.7% |
Source: | ||
| 8/21/2026 | Listed for sale | $575,000 |
Source: | ||
| 9/8/2020 | Listing removed | $900 |
Source: Zillow Rental Manager Report a problem | ||
| 8/20/2020 | Price change | $900-5.3% |
Source: Zillow Rental Manager Report a problem | ||
| 7/23/2020 | Listed for rent | $950 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Portage Park
Nearby schools
Schools provided by the listing agent
- Elementary: Gray Elementary School
- High: Schurz High School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






