Commercial > Multi-family / Apartments
Active
07/30/2024
List Price
$424,999
5310 Waveland Ave 1
Chicago, IL 60641
- 8Beds
- 2Baths
- 2,072ft²Living Area
- 4,256ft²Lot Size
- -Pool
- 2.5Car
- 1919Year Built
- 48DOM
- -Permit
5310 Waveland Ave 1, Chicago, IL 60641 is a 8 bed, 2 bath, 2,072 ft² multi-family/apartments property built in 1919 on a 0.098 acre lot. This multi-family/apartments is currently listed for $424,999, and it was last sold in 2001 for $220,000.
MLS Description
The listing agent's description. Original Listing
(BIG Price Reduction) 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 $1,700 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.
Listing Agents
The listing agent for 5310 Waveland Ave 1 is David Mishel.
DM
David Mishel
Compass
License: 475159283
Phone: (773) 936-2714
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$7,444.61From latest Total Assessed Value20.12%Total Assessed Value$36,999=Land+
Assessed Value$11,916Additions
Assessed Value$25,083
In 2021, taxes billed for 5310 Waveland Ave 1 were $7,444.61, which is 20.12% from latest Total Assessed Value of $36,999.
Property History
5310 Waveland Ave 1 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 5310 Waveland Ave 1
Hazard Risks
Tornado212Wind197Hail159Particulates155Ozone125Air Pollution121Weather111Nat'l Avg100Carb Mono97Lead57Earthquake44Hurricane10
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5310 Waveland Ave 1.
Walkability Index
15 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5310 Waveland Ave 1 has a walkability score of 15 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
19°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 5310 Waveland Ave 1, temperatures range from 18.78°F to 33.54°F with an average of 26.16°F. In the summer, the temperature ranges from 61.76°F to 81.17°F with and average of 71.47°F.
School Information
Public/private schools serving 5310 Waveland Ave 1
Public Schools
Gray Elementary School
Grades: PK-8
0.16 mi
B-
Schurz High School
Grades: 9-12
1.26 mi
F
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 5310 Waveland Ave 1 have ratings undefined, and undefined.
Neighborhood
This property is located in Portage Park, Chicago, IL 60641.
Seasonal Housing units 60641
8%of housing is for seasonal rent.
Daytime Population for 60641
-16%of people during work hours.
Boundary map of Portage Park.
Crime Index for 60641
89
89
The crime index in 60641 is 89, which is 0.9 times lower than national average.
Market Trends
Historical market data near 5310 Waveland Ave 1 over selected time period.
Nearby Properties on Waveland Ave
- 5238 W Waveland Ave, Chicago, IL 60641 (Portage Park) is a 1,320 square foot, 2 bedroom, 1 bathroom, 0.12 acre property. It was built in 1925 and has an estimate of $423,624 with a price per ft² of $321.
- 6051 W Waveland Ave, Chicago, IL 60634 (Irving Park Blvd. Gardens) is a 930 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1922 and has an estimate of $276,296 with a price per ft² of $297.
- 6059 W Waveland Ave, Chicago, IL 60634 (Irving Park Blvd. Gardens) is a 1,205 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1922 and has an estimate of $315,965 with a price per ft² of $262.
- 6049 W Waveland Ave, Chicago, IL 60634 (Irving Park Blvd. Gardens) is a 1,154 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1926 and has an estimate of $301,032 with a price per ft² of $261.
- 6045 W Waveland Ave, Chicago, IL 60634 (Irving Park Blvd. Gardens) is a 1,178 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1926 and has an estimate of $307,560 with a price per ft² of $261.
- 6041 W Waveland Ave, Chicago, IL 60634 (Irving Park Blvd. Gardens) is a 1,672 square foot, 4 bedroom, 1 bathroom, 0.09 acre property. It was built in 1926 and has an estimate of $399,420 with a price per ft² of $239.
- 6054 W Waveland Ave, Chicago, IL 60634 (Irving Park Blvd. Gardens) is a 1,922 square foot, 4 bedroom, 1 bathroom, 0.09 acre property. It was built in 1921 and has an estimate of $342,933 with a price per ft² of $178.
- 6058 W Waveland Ave # 1, Chicago, IL 60634 (Irving Park Blvd. Gardens) is a 1,936 square foot, 4 bedroom, 1 bathroom, 0.1 acre property. It was built in 1925 and has an estimate of $358,990 with a price per ft² of $185.
- 6050 W Waveland Ave, Chicago, IL 60634 (Irving Park Blvd. Gardens) is a 1,248 square foot, 2 bedroom, 1 bathroom, 0.09 acre property. It was built in 1925 and has an estimate of $303,840 with a price per ft² of $243.
- 6048 W Waveland Ave, Chicago, IL 60634 (Irving Park Blvd. Gardens) is a 1,203 square foot, 3 bedroom, 1 bathroom, 0.09 acre property. It was built in 1925 and has an estimate of $317,756 with a price per ft² of $264.
- 2104 W Waveland Ave, Chicago, IL 60618 (North Center) is a 3,902 square foot, 4 bedroom, 5.25 bathroom, 0.11 acre property. It was built in 1905 and has an estimate of $1,647,905 with a price per ft² of $422.
- 2112 W Waveland Ave, Chicago, IL 60618 (North Center) is a 2,472 square foot, 4 bedroom, 2 bathroom, 0.08 acre property. It was built in 1910 and has an estimate of $1,168,299 with a price per ft² of $473.
- 2118 W Waveland Ave, Chicago, IL 60618 (North Center) is a 2,532 square foot, 4 bedroom, 3.25 bathroom, 0.07 acre property. It was built in 1910 and has an estimate of $1,168,881 with a price per ft² of $462.
- 2110 W Waveland Ave, Chicago, IL 60618 (North Center) is a 1,581 square foot, 4 bedroom, 2 bathroom, 0.07 acre property. It was built in 1901 and has an estimate of $894,126 with a price per ft² of $566.
- 2122 W Waveland Ave, Chicago, IL 60618 (North Center) is a 2,268 square foot, 3 bedroom, 2.25 bathroom, 0.07 acre property. It was built in 1905 and has an estimate of $1,271,972 with a price per ft² of $561.
- 2124 W Waveland Ave, Chicago, IL 60618 (North Center) is a 882 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1906 and has an estimate of $701,429 with a price per ft² of $795.
- 5206 W Waveland Ave, Chicago, IL 60641 (Portage Park) is a 1,651 square foot, 3 bedroom, 2.25 bathroom, 0.09 acre property. It was built in 1925 and has an estimate of $391,500 with a price per ft² of $237.
- 6221 W Waveland Ave, Chicago, IL 60634 (Dunning) is a 1,080 square foot, 2 bedroom, 1 bathroom, 0.14 acre property. It was built in 1988 and has an estimate of $332,997 with a price per ft² of $308.
- 6213 W Waveland Ave, Chicago, IL 60634 (Dunning) is a 980 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1961 and has an estimate of $281,671 with a price per ft² of $287.
- 6211 W Waveland Ave, Chicago, IL 60634 (Dunning) is a 1,512 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1923 and has an estimate of $321,093 with a price per ft² of $212.
- 6207 W Waveland Ave, Chicago, IL 60634 (Dunning) is a 978 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1928 and has an estimate of $284,678 with a price per ft² of $291.
- 6227 W Waveland Ave, Chicago, IL 60634 (Dunning) is a 2,447 square foot, 4 bedroom, 2 bathroom, 0.09 acre property. It was built in 1936 and has an estimate of $510,205 with a price per ft² of $209.
- 6203 W Waveland Ave, Chicago, IL 60634 (Dunning) is a 1,114 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1925 and has an estimate of $287,673 with a price per ft² of $258.
- 6218 W Waveland Ave, Chicago, IL 60634 (Dunning) is a 1,096 square foot, 2 bedroom, 1 bathroom, 0.07 acre property. It was built in 1925 and has an estimate of $314,625 with a price per ft² of $287.
- 4720 W Waveland Ave, Chicago, IL 60641 (Portage Park) is a 1,195 square foot, 3 bedroom, 1 bathroom, 0.07 acre property. It was built in 1904 and has an estimate of $347,731 with a price per ft² of $291.
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