5334 Gladys Avenue, Austin, Chicago, Illinois 60644


$285,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 6
Baths: 0
Year Built: 1945
Property Taxes: $7,806
Days On Market: 799
Lot Size: 0,09

Description

**Investment Opportunity: Multi-Unit Building in Prime Location** Discover a promising investment opportunity in a sought-after neighborhood! This multi-unit building features 3 spacious apartments, each offering its own unique potential. While the building itself presents significant potential, it is important to note that it is in need of a cosmetic renovations. This property is being sold *AS-IS*, providing a blank canvas for the discerning investor or buyer ready to take on a transformative project. Located in a vibrant area known for its strong rental demand, this building is surrounded by local amenities, parks, and public transportation, making it an attractive option for future tenants. The potential for increased value and rental income is substantial once renovations are completed. In addition to the apartments, the property includes a two-car garage situated at the back, adding further convenience and potential for additional rental income. Owner is eager to sell, presenting an excellent opportunity for an investor looking to revitalize this property and tap into the lucrative rental market. Don't miss out on this chance to turn a diamond in the rough into a thriving multi-unit investment! Contact us today to learn more and schedule a viewing.

Property Specifics

Multi-unit
—
—
1945
—
Brick
—
—
No
0.09
Cook
—
— / —
—
—
—
—
—
12144757
16161130440000

Property History

DATE: EVENT: PRICE: SOURCE:
23 Oct, 2024 Sold $285,000 MRED MLS
28 Aug, 2024 Under contract $345,000 MRED MLS
22 Aug, 2024 Listed for sale $345,000 MRED MLS
31 Mar, 2025 Sold $530,000 MRED MLS
5 Feb, 2025 Under contract $499,000 MRED MLS
30 Jan, 2025 Listed for sale $499,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —

Other Specifics

2
—
Garage
—
—
—
—
—
4340
—
—
—
—
Not in DB
—
—
—

Tax History

Year Property Taxes
2024 $7,806

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Listing Provided By

RE/MAX Premier