3838 W Gladys Avenue Chicago, IL $ 399,000
3838 W Gladys Avenue
$ 399,000
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3838 W Gladys Avenue

Chicago, IL, 60624
$ 399,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 2,489

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Multi-Family Home for sale in Chicago, IL

for $399,000 with 6 bedrooms and 4 full baths. This home was built in 1906.

Opportunity awaits with this classic Greystone 4-unit building on Chicago's West Side. Just steps from a beautiful park, near public transportation, and minutes from the I-290 expressway for a quick commute downtown, this property is ideally located in a community on a strong upswing. The building was rehabbed several years ago with updated kitchens, baths, electrical, and separate heating systems. It is currently vacant and needs some repairs after tenant move-outs, offering investors the flexibility to reposition it for maximum return. The property also features a high-ceiling walk-out basement, providing additional potential for value-add improvements. Highlights: 4-unit Greystone building The prime location is near public transportation, I-290, and downtown Chicago. Steps from the neighborhood park Previously rehabbed: updated kitchens, baths, electrical, and separate heating. Vacant and ready for an investor vision Strong potential for rental income or condo conversion

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Multi-Family Active

Price

$ 399,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,540

Style

Year Built

1906

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12465099

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Stone
Year Built 1906
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status Active
Directions HAMLIN SOUTH TO GLADYS WEST TO PROPERTY
City Chicago
High School District 299
MLS Area CHI - West Garfield Park
Tax Annual Amount 2540
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Partially Finished Full Walk-Out Access
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features On Site
Water Source Lake Michigan
Total Parking 2
Lot Dimensions less than a qua acre
Waterfront Y/N N
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* Excluded Features
List By
Ford Desired Real Estate Llc

Broker

lkf@forddesired.com

Email

Affordability Calculator

$2,701
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$212
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2025$399,000 -20.04% Price Down
9/6/2025$499,000 Listed Price

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3838 W Gladys Avenue, Chicago, IL, 60624 is a Multi-Family Home for sale at $399,000. 3838 W Gladys Avenue has 6 bedrooms, 4.0 baths, and was built in 1906. The property's zip code is 60624 which is in Chicago, IL