2119 W Gladys Avenue
Chicago, IL 60612

Status: Active
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $975,000
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About this home

Investors: perfect opportunity 3 flat perfectly placed on a tree lined block in Chicago's West Side. 7.49% CAP RATE!! This building features 3 XL units each consisting of three bedrooms and two bathrooms. Each unit features full kitchens with open living and dining space. Three oversized bedrooms each with large closets. Washer and dryer conveniently in each unit. Three exterior parking spaces included in the rear of the building. The property is fully fenced in. Unit 2 and 3 leased with long term tenants! Roof is brand new 2022!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 21-25 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1999
Parking Total 3
Exterior Building Type Brick
Exterior Property Features Deck
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - Near West Side
Zoning Type MULTI
Corporate Limits Chicago
Directions North on Damon Avenue, West on Jackson Blvd, South on Hayne Avenue & West on Gladys Avenue
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township South Chicago
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 6
Full Baths in Building Count 6
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 2
Actual Rent 2700
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up
Full Baths Total 2
Lease Expiration Date MO/MO
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Actual Rent 2540
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up
Full Baths Total 2
Lease Expiration Date MO/MO
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 2
unit 3
Beds Total 3
Baths Total 2
Actual Rent 2479
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up
Full Baths Total 2
Lease Expiration Date MO/MO
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 3
Property / Lot Details
Deconversion N
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Traditional, Tri-Level, Walk-Out Ranch
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 100
Electric Expense Source Actual
Other Expenses 2 1000
Gross Rental Income $92,628
Insurance Expense $2,000
Insurance Expense Source Actual
Net Oper Income $86,128
Other Expense Source Owner Projection
Rental Income 92628
Investment Profile Residential Income
Water Expense $2,500

Tax/Assessments/Liens

PIN 17181230380000
Special Assessments N
Taxes $12,912
Tax Year 2021
$975,000 Listing Price:
MLS # 12003375
Investment Profile Residential Income
Listing Market Time 47 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 03/13/2024
Year Built 1999
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