5334 W Gladys Avenue
Chicago, IL 60644
- 6 beds
- 3 baths
- – sqft
- 3,920 sqft lot
- 1945 build
- – on site
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**Investment Opportunity: Multi-Unit Building in Prime Location** Discover a promising investment opportunity in a sought-after neighborhood! This multi-unit building features 3 spacious apartments, each offering its own unique potential. While the building itself presents significant potential, it is important to note that it is in need of a cosmetic renovations. This property is being sold *AS-IS*, providing a blank canvas for the discerning investor or buyer ready to take on a transformative project. Located in a vibrant area known for its strong rental demand, this building is surrounded by local amenities, parks, and public transportation, making it an attractive option for future tenants. The potential for increased value and rental income is substantial once renovations are completed. In addition to the apartments, the property includes a two-car garage situated at the back, adding further convenience and potential for additional rental income. Owner is eager to sell, presenting an excellent opportunity for an investor looking to revitalize this property and tap into the lucrative rental market. Don't miss out on this chance to turn a diamond in the rough into a thriving multi-unit investment! Contact us today to learn more and schedule a viewing.
Last checked:
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Last updated Jan 31, 2025
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MLS# 12144757 —
The Building
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Year Built:1945
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Rebuilt:No
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New Construction:false
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Architectural Style:Contemporary
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Roof:Flat
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Basement:None
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Exterior Features:Patio
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Other Equipment:Ceiling Fan(s)
Interior
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Room Type:Foyer
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Rooms Total:12
Location
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Directions:From S Laramie Ave toward W Congress Pkwy, Turn left onto W Gladys Ave
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Location:87990
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Location:87688
The Property
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Parcel Number:16161130440000
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Property Type:Residential Income
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Location:A
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Lot Size Dimensions:4340
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Lot Size Acres:0.09
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (309) 825-6055
- Office phone:
- (773) 966-5962
Taxes
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Tax Year:2023
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Tax Annual Amount:7806.42
Beds
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Bedrooms Total:6
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Bedrooms Possible:6
Baths
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Baths:3
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Full Baths:3
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Other
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:2
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/23/24
Oct 23, 2024
|
Sold | MRED | $285,000 | -17.4% |
|
9/9/24
Sep 9, 2024
|
Pending | MRED | $345,000 | |
|
8/28/24
Aug 28, 2024
|
Sold Subject To Contingencies | MRED | $345,000 |
