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Backup Offers

5310 W Waveland Ave, Chicago, IL, 60641

$424,999

Home List Price

$5,047*

Closing Credit

8 Bedrooms
3 Baths
House

Location

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5310 W Waveland Ave, Chicago$424,999

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1919
HeatingNatural Gas, Steam
BasementYes
MLS #12124948
StatusAccepting Backup Offers
(Contingent)

About 5310 W Waveland Ave

MULTIPLE OFFERS RECEIVED! HIGHEST AND BEST OFFERS DUE BY 10/22/24 AT 6PM.. Come check out this Fantastic looking 3 Unit Multi-Family building situated on a Beautiful tree line Street in Portage Park. ((Legal 2 unit)) with a projected Cap Rate of close to 9%. The property is located just a 1/2 a block away from William P Gray Elementary School and Portage Park just a couple blocks away. The property sits on an extra wide lot 32x132. The property consists of the 1st floor (4) bedroom 1 bathroom unit with a full dining room/living room combo with projected rent at $2100 including the full garage, 2nd floor is a (2) bedroom 1 bathroom with projected rent at $1,600 and the non-conforming lower level is a (2) Bedroom 1 bathroom unit projected with $800 rent. (The projected Cap rate is currently 8.95% from the projected rents) The lower unit would be ideal for Extra rent or Extended Family. Currently in the basement there is a Washer and Dryer for the entire building to use and some good value add would be to replace that with a coin operated washer dryer. Newish Hot Water tanks (2017) that are on separate circuit breakers. The 1st floor has heat from the boiler and the second floor has gas forced air with a furnace that's located in the attic. And to complete the property, in the rear there's a Large Beautiful Backyard with a cute little patio and a two-car garage. UPDATES ARE AS FOLLOWS: 2023- 1st Floor Stove, Fridge & Microwave. 2022- Downspouts. 2021- Windows second floor only. 2019- Roof, Washer & Dryer & 2nd floor Fridge & Stove. 2017- Hot Water Tanks. 2016- Plumbing, some new copper. 2010- Furnace/Boiler. Tons of shopping near by, Parks & Recreation super close by and just a few min to the Highway. FYI: The Property is Back on the Market because the Buyers Financing fell through the day before the closing!

Property Details

Property Features

Property Information:

  • Year Built: 1919

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 733-7201
  • Listing Agent: David Mishel

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, Storms/Screens

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam

Other

Directions Information:

  • Directions: Waveland one block north of Addison and Central. Waveland one way street going east.

Price Information

Listing Price Info

Price Summary:

  • List Price: $424,999
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

5310 W Waveland Ave vs Chicago

116 DAYS ON ROCKET

+84 Days

$424,999

+$64.6K More

KEY TAKEAWAY

This property is $64.6K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12124948

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 733-7201
  • Listing Agent: David Mishel

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 12:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

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Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-882918
6
/10

  • Falconer Elementary School

  • 3020 N Lamon Ave

  • 1.01 miles

  • Public District Grades PK-6

school-card-donut-882919
2
/10

  • Schubert Elementary School

  • 2727 N Long Ave

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-882920
5
/10

  • Barry Elementary School

  • 2828 N Kilbourn Ave

  • 1.48 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,890. The majority of Chicago, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5310 W Waveland Ave

What is the listing price of this property?

The listing price of 5310 W Waveland Ave property is $424,999.

What type of property is this?

The property 5310 W Waveland Ave is a house located in Chicago, Illinois, 60641.

Is this property for sale now?

Accepting Backup Offers: 5310 W Waveland Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 5310 W Waveland Ave has 8 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 5310 W Waveland Ave is 1919.

Rocket Homes›Illinois›Cook County›Chicago›60641›5310 W Waveland Ave

This home is located at 5310 W Waveland Ave in Chicago, IL and zip code 60641 in the Portage Park neighborhood. This home was built in 1919. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $424,999.

While more than 539 listings in Chicago, IL in October 2024 were sold above asking price, there were more than 337 listings sold at asking price, and more than 919 were sold below. The number of listings in Chicago, IL increased by 14.5% between September 2024 and October 2024. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $360,336.

From Rocket Homes Real Estate and based on county public records data.

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