5515 W Gladys Avenue
Chicago, IL 60644

Status: Active
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $475,000

About this home

5515 W Gladys is a wonderful 3 flat on Chicago's far West Side that is perfect for an investment, or to live in one space and rent out the others. Each space features 3 beds, 1 bath, and is about 1500 sq. ft. with a large living room area, dining area, and kitchen. The main floor living space has an extra large master bedroom, and the 2nd and 3rd floor living space have a bonus room off the master bedroom, that could be used to make the master larger, or for a home office/work area. PLUS, there is a finished basement area that has a kitchen, bathroom, living room, and 2 bedrooms, which has potential for a 4th unit or duplex down, depending on what the city allows. Not to mention there is a 2 car garage on the property as well. All of this with a convenient location, 5 blocks from 290 and 1 mile from the Green Line. Roof and furnace are about 2 years old. Seller is selling this home as-is.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1915
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Austin
Corporate Limits Chicago
Directions Central to Jackson to Lotus to Gladys
Elementary Sch Dist 299
Heat/Fuel Steam
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Partially Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 4
Full Baths in Building Count 4
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 500
Appliances And Features None
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Actual Rent 1000
Appliances And Features None
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 3
Property / Lot Details
Lot Dimensions 33X123
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16161140090000
Special Assessments N
Taxes $1,460
Tax Exemptions Homeowner, Senior
Tax Year 2022
$475,000 Listing Price:
MLS # 12054244
Investment Profile Residential Income
Listing Market Time 16 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 05/17/2024
Year Built 1915
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