5521 W Gladys Avenue Chicago, IL ^$ 720,000

5521 W Gladys Avenue

^$ 720,000

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5521 W Gladys Avenue

Chicago, IL, 60644

^$ 720,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 5,029

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Multi-Family Home for sale in Chicago, IL

for $720,000 with 3 bedrooms. This home was built in 1965 on a lot size of 0.14.

Investment Opportunity! This 8-unit property is a cash cow, generating $8,457 in monthly gross income. Consisting of four 2-bed, 1-bath units and four 1-bed, 1-bath units, all currently occupied by CHA Section 8 tenants, ensuring a steady, government-backed income stream. Each unit features separate utilities and gas forced air. Well-maintained and situated in a prime location. Don't miss this chance for a reliable investment in a thriving area!

Multi-Family Active

Price

^$ 720,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 8,320

Style

Multi-Family

Lot Size

0.14

Year Built

1965

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11942380

Features

General

Zoning MULTI

Construction Materials Brick

Year Built 1965

Tenant Pays Electricity Heat Hot Water

Stories 2

Township West Chicago

Tax Year 2022

Current Use Multi-Family

Gross Income 101484

County Cook

Net Operating Income 101484

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Multi Family 5+

Possible Use Multi-Family

Status Active

Directions I-290 West to Exit 24A - Laramie Right onto S Laramie Ave Left onto W Gladys Ave

City Chicago

Total Units 8

MLS Area CHI - Austin

Lot Size Square Feet 6200

Street Name Gladys

Tax Annual Amount 8320.65

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 7

Standard Status Active

Exterior

Total Parking 4

Foundation Details Concrete Perimeter

Lot Dimensions 6200

Lot Size Acres 0.14

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Ybrs Realty Inc.

Broker

sam.shah@ybrsrealty.com

Affordability Calculator

$5,723

Per Month

Monthly Principal & Interest: $5,029
Monthly Property Taxes: $693
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$643,340

Percent of Sale Price 11%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/6/2023	$720,000		Listed Price

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5521 W Gladys Avenue, Chicago, IL, 60644 is a Multi-Family Home for sale at $720,000 with a lot size of 0.14. 5521 W Gladys Avenue has 3 bedrooms, 0.0 baths, and was built in 1965. The property's zip code is 60644 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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5521 W Gladys Avenue

Multi-Family Home for sale in Chicago, IL

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