Chicago, IL 60624 4036 W Gladys Avenue
$550,000



Presented By: Real Realty Inc
Home Details
Exclusively engaged to represent this beautiful brick, 4-unit apartment building in Chicago's West Garfield Park. This offering presents an investor the opportunity to purchase this building and increase rents to market for strong cash flow, as well as to house hack by living in one unit and renting out the other three. The subject property is comprised of a 2 bed/1 bath duplex down unit and (3) 3 bed/2 bath apartment upstairs. Each unit contains individual forced air furnaces with gas and electricity paid by the tenants. The building is located on the corner west of South Pulaski Road between Jackson Boulevard and Congress Parkway within 2 minutes of I-290 and the Green Line Pulaski Station. Can be purchased as a portfolio OR CHERRY PICKED with 4139 and 4316 West Gladys Avenue, as well as 4206 West Van Buren Street.
Presented By: Real Realty Inc
Interior Features for 4036 W Gladys Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
BathroomAccessible Shower
Full Baths Building7
Half Baths Building
Total Baths7
Other Interior Features
BasementPartially Finished, Partial
Total Number of Units4
General for 4036 W Gladys Avenue
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsOff of I-290 take exit 26A into Congress Parkway. From there take a right into South Hamlin Road. From there keep driving until you will shortly come up to West Gladys Avenue and take a turn. Keep go
Electric Expense733
Elementary SchoolHefferan Elementary School
Elementary School District299
Fuel Expense1329
Gross Income80815
HeatingNatural Gas, Forced Air
High SchoolManley Career Academy High Schoo
High School District299
Insurance Expense2600
MLS AreaCHI - West Garfield Park
Maintenance Expense3200
Middle/Junior High SchoolHefferan Elementary School
Middle/Junior School District299
ModificationTimestamp2025-06-07T23:31:01.581Z
Net Operating Income57247
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount3387
Tax Year2023
Total Rooms26
TownshipWest Chicago
Water Sewer Expense7070
Year Built2007
Exterior for 4036 W Gladys Avenue
Lot Dimensions24 X 64
Lot Size Acres0.08
Total Parking0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Manley Career Academy High Schoo
Middle School
Hefferan Elementary School
