5310 West Waveland Avenue
$424,999
8
3
2,300
2,300
$185
Listed By Compass
Contingent
Description
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...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!
Listing Agent
Property Details for 5310 West Waveland Avenue
Area
CHI - Portage Park
TownshipJefferson
OwnershipFee Simple
Num Of Garage Spaces2.5
Num Of Parking Spaces2.5
Parking Included in PriceYes
Heat/FuelNatural Gas, Hot Water/Steam
ZoningMULTI
LISTING UPDATED: 11/04/2024 11:17 AM
Property Details for 5310 West Waveland Avenue
Status | Contingent |
---|---|
MLS # | 12124948 |
Days on Market | 97 |
Taxes | $7,504 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1919 |
Lot Size | 0.10 AC / 4,224 SF |
County | Cook County |
Building Information for 5310 West Waveland Avenue
Stories-Residences2Year Built1919Building Size-Lot Size0.10 AC / 4,224 SF
Property Information for 5310 West Waveland Avenue
Property History for 5310 West Waveland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5310 West Waveland Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Gray Elementary School PublicPK to 8 | ||
Schurz High School Public9 to 12 | ||
Rickover Naval Academy High School Public9 to 12 | ||
Vaughn Occupational High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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