2714 W Gladys Avenue
Chicago, IL 60612

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $229,000

About this home

MOTIVATED SELLER !!!!!!!! Explore this exceptional opportunity in East Garfield! Are you on the lookout for a lucrative income-generating venture? Look no further than this meticulously maintained 2-flat property, tailor-made for novice investors. With all major maintenance tasks already taken care of. These two units features laminate wood flooring throughout. The second-floor unit steals the spotlight with its three bedrooms. Moreover, a finished basement with an in-law arrangement adds versatility to your investment. Notably, the property boasts separate utilities, empowering tenants to manage their own electric, gas, and water bills. Recent upgrades include a new hot water heater in 2021 and a furnace in 2019. SOLD AS IS- SOLD AS IS Further enhancing its appeal, the property flaunts a newer roof and a two-story back porch, ensuring resilience and practicality. Parking is hassle-free with a two-car garage. Additionally, the location caters to commuters' needs, with convenient access to buses, trains, and the interstate. Each unit is equipped with its own service equipment and in-unit circuit breakers for enhanced convenience and safety. The second-floor unit is outfitted with central AC. THERE ARE SOME VIOLATIONS ON THE PROPERTY . BUYER WOULD HAVE TAKE PROPERTY SUBJECT TO

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1893
Parking Total 2
Exterior Building Type Brick
Foundation Concrete Perimeter, Stone
Garage Details 7 Foot or more high garage door
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Flat
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights, Street Paved
Area Major CHI - East Garfield Park
Zoning Type MULTI
Corporate Limits Chicago
Directions CALIFORNIA N/S TO GLADYS E TO 2714
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 11
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 900
Appliances And Features None
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays All, Electric, Gas
Floor Number 1
Square Feet 900
unit 2
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 6
Tenant Pays All, Electric, Gas
Floor Number 2
Square Feet 900
Property / Lot Details
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16132160410000
Special Assessments N
Taxes $4,026
Tax Year 2021
$229,000 Listing Price:
MLS # 12002745
Investment Profile Residential Income
Listing Market Time 37 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 03/12/2024
Year Built 1893
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...