Tanesha Pratt
Coldwell Banker Realty
(630) 895-7761
75 Total Sales
1 in Austin
$225,000 Price
5334 W Gladys Ave Chicago, IL 60644
Austin Neighborhood
9
Beds
3
Baths
2,713
Sq Ft
3,920
Sq Ft Lot
Highlights
- Gated Community
- Contemporary Architecture
- Paved or Partially Paved Lot
- Landscaped Professionally
- Fenced Yard
About This Home
As of March 2025In the month of love, wouldn't you just love to own this fantastic Investment Opportunity in the vibrant Austin Neighborhood, just blocks from Oak Park. This spacious, refurbished legal 2-flat offers three rental opportunities, each with 3 bedrooms and 1 bath. The units feature gorgeous bathrooms, fully loaded gourmet kitchens with stainless steel appliances (including dishwashers), stylish light fixtures, trendy green backsplashes, and gold hardware. The lower-level in-law unit has front and rear egress and tons of storage, making it ideal for buyers seeking a turnkey investment. Whether you're looking for a forever home or a rental opportunity, this building has tremendous potential. With no current tenant leases, the income-generating possibilities are endless. Healthy rental comps show low market times and up to $2,000 for a 3-bed/1-bath rental without parking. (See MLS#:11971537 for a similar-sized comparable rental located at 303 N Lockwood.) COMPETITIVE ADVANTAGE: Rent the 3-car garage for additional income. Plus, your tenants will love the spacious living areas with separate dining rooms, eat-in kitchens, and updated plumbing and electrical. This is an ideal opportunity for owner-occupants or investors looking to capitalize on a strong rental market with potential for rental growth and a stable tenant base. We've covered all the essentials to minimize the cost of ownership: all units have separate heating and in-unit washer & dryer hookups. Please note: the seller does not warrant the legality of the in-law garden unit.
Last Agent to Sell the Property
MPower Residential Brokerage LLC License #471006190 Listed on: 01/30/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,806
Year Built
- Built in 1945 | Remodeled in 2024
Lot Details
- 3,920 Sq Ft Lot
- Fenced Yard
- Landscaped Professionally
- Paved or Partially Paved Lot
Parking
- 3 Car Garage
- Parking Included in Price
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Basement
- Basement Fills Entire Space Under The House
Schools
- Hefferan Elementary School
- Marshall Metropolitan High Schoo Middle School
- Marshall Metropolitan High Schoo
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2025
Closed on
Mar 14, 2025
Sold by
Newell Investments Llc
Bought by
Seller's Agent
Karla Mina
MPower Residential Brokerage LLC
Buyer's Agent
Cedrick Hunter
Hunter's Realty, Inc.
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%
Views
95
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,980
Outstanding Balance
$533,201
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 22, 2024
Closed on
Sep 16, 2024
Sold by
Walker Jautaunne
Bought by
Newell Investments Llc
Seller's Agent
Andre Carter
RE/MAX Premier Luxury Collection
Buyer's Agent
Karla Mina
MPower Residential Brokerage LLC
List Price
$345,000
Sold Price
$285,000
Premium/Discount to List
-$60,000
-17.39%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
309.58%
Original Mortgage
$350,000
Interest Rate
12.09%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 27, 2012
Sold by
Harper Alameda
Bought by
Walker Jautaunne
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Austin, IL
-
Tanesha Pratt
-
Pedro Castaneda
Pedro Castaneda
Compass
(844) 448-1434
98 Total Sales
2 in Austin
$160K - $495K Price Range
-
Angel Rosales
Angel Rosales
PROSALES REALTY
(844) 510-1107
95 Total Sales
2 in Austin
$70K - $515K Price Range
-
Crystal Nwaokocha
Crystal Nwaokocha
Coldwell Banker Realty
(708) 694-9651
25 Total Sales
2 in Austin
$60K - $177K Price Range
-
Leticia Cejeda
Leticia Cejeda
eXp Realty
(888) 589-5553
90 Total Sales
2 in Austin
$245K - $347K Price Range
-
Irais Torres
Irais Torres
Fulton Grace Realty
(224) 808-4852
40 Total Sales
1 in Austin
$340,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $530,000 | Chicago Title | ||
| Newell Investments Llc | $285,000 | None Listed On Document | |
| Walker Jautaunne | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $541,980 | ||
| Previous Owner | Newell Investments Llc | $350,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $530,000 | +6.2% | $195 / Sq Ft | |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- | |
| 01/30/2025 01/30/25 | For Sale | $499,000 | +75.1% | $184 / Sq Ft | |
| 10/23/2024 10/23/24 | Sold | $285,000 | -17.4% | $105 / Sq Ft | View Prior Sale |
| 08/28/2024 08/28/24 | Pending | -- | -- | -- | |
| 08/22/2024 08/22/24 | For Sale | $345,000 | -- | $127 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,806 | $26,000 | $8,134 | $17,866 |
| 2024 | $7,806 | $26,000 | $8,134 | $17,866 |
| 2023 | $7,610 | $37,000 | $6,609 | $30,391 |
| 2022 | $7,610 | $37,000 | $6,609 | $30,391 |
| 2021 | $7,440 | $36,999 | $6,609 | $30,390 |
| 2020 | $3,273 | $14,694 | $6,609 | $8,085 |
| 2019 | $3,393 | $16,890 | $6,609 | $10,281 |
| 2018 | $3,336 | $16,890 | $6,609 | $10,281 |
| 2017 | $4,457 | $20,703 | $5,846 | $14,857 |
| 2016 | $4,147 | $20,703 | $5,846 | $14,857 |
| 2015 | $3,794 | $20,703 | $5,846 | $14,857 |
| 2014 | $3,039 | $16,378 | $5,592 | $10,786 |
| 2013 | $2,979 | $16,378 | $5,592 | $10,786 |
Source: Public Records
Agents Affiliated with this Home
-
Karla Mina
Seller's Agent in 2025
Karla Mina
MPower Residential Brokerage LLC
(312) 498-8473
6 in this area
100 Total Sales
-
Cedrick Hunter
Buyer's Agent in 2025
Cedrick Hunter
Hunter's Realty, Inc.
(708) 628-2900
76 in this area
134 Total Sales
-
Andre Carter
AC
Seller's Agent in 2024
Andre Carter
RE/MAX Premier Luxury Collection
(309) 825-6055
1 in this area
19 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12280806
APN: 16161130440000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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