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$575,000
6
beds
3
baths

5357 W Waveland Avenue
Chicago, Illinois 60641

New / MLS #12693206 / Multiple Unit (2-4) / Portage Park
Listing information updated 8/21/2026 at 4:23pm
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.
Exterior Type:
Vinyl Siding,Brick
Basement:
Finished,Exterior Entry,Partial Exposure,Full
Beds Above Grade:
6
Heating System:
Radiator(s)
Pool:
No
Age:
100+ Years
Roof Type:
Rubber
Parking Type:
Garage - Yes,Garage Owned,Detached,Garage
Parking Spaces:
2
Garage:
Detached
Room Count:
15
Water Front:
No
Square Feet:
N/A
Lot Size:
Oversized Chicago Lot
Tax Amount:
$9,044
Tax Year:
2024
Zip Code:
60641
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
Gray Elementary School
Middle School:
N/A
High School:
Schurz High School

Listing Office: Keller Williams ONEChicago

Listing Office Phone: 312.216.2422

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/21/2026 at 4:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Portage Park

Portage Park, IL

As the city’s streetcar line was extended in the early 20th century, residents discovered Portage Park, a small enclave on the city’s Northwest Side. The neighborhood was a breath of fresh air for residents escaping crowded city tenements. Today’s residents still enjoy the respite that the nei...
$495,585
Average Sale Price
40
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 5357 W Waveland Avenue, Chicago, IL 60641
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5357 W Waveland Avenue, Chicago, IL 60641 is a multiple unit (2-4) currently listed at $575,000. 5357 W Waveland Avenue features 6 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since August 21st, 2026 and was built in 1922. Nearby schools include Gray Elementary School and Schurz High School.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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