5521 West Gladys, Chicago IL 60644
$720,000

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Property Description

Investment Opportunity! This 8-unit property is a cash cow, generating 10,228 in monthly 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!

Features & Information

Key Details

  • List Price $720,000
  • Property Taxes $8,535.37
  • Price/ Sq. Ft. Unavailable
  • Year Built 1965
  • Status Active

Building Information

  • Age of Building 36-50 Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Forced Air, Gas

Location

  • County Cook
  • Directions to Property I-290 West To Exit 24a - Laramie Right Onto S Laramie Ave Left Onto W Gladys Ave
  • Property Taxes

  • Tax 8535.37
  • Parcel Identification Number 16161140580000

Listed by Sagar Shah for YBRS Realty Inc. | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/26/2024 8:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Austin

With wide boulevards, plenty of park space, inexpensive housing and convenient transportation options, South Austin is a Chicago neighborhood on the rise. Civic organizations are an active part of South Austin's community culture, working with residents and local businesses to revitalize the area and create an attractive and pleasant environment. A classic farmer's market sets up shop in the heart of South Austin every week during the warm weather months, and year round recreational activities are always going on at the neighborhood's popular Columbus Park fieldhouse. A nine-hole golf course makes it easy for South Austiners to keep those tee times and summertime movies and concerts in the park are a great evening event for the whole family to enjoy.

Read More About South Austin...

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