$420,000
SOLD MAY 23, 2025
9 Beds
3 Baths
4,836 Sq Ft
1915 Built

Recently Sold

$87 Per Sq Ft

1% Above List Price

6 Days on Market

About This Home

As of May 2025

5515 W Gladys is a wonderful potential 4 flat on Chicago's far West Side that is perfect for an investment, or to live in one space and rent out the others. The 3 uppers spaces feature 3 beds, 1 bath, and is about 1500 sq. ft. with a large living room area, dining area, and kitchen. The main floor living space has an extra large master bedroom, and the 2nd and 3rd floor living space have a bonus room off the master bedroom, that could be used to make the master larger, or for a home office/work area. PLUS, there is a finished basement that has a kitchen, bathroom, living room, and 2 bedrooms, which has potential for a 4th unit or duplex down, depending on what the city allows. Not to mention there is a 3 car garage on the property as well. All of this with a convenient location, 5 blocks from 290 and 1 mile from the Green Line. Roof and furnace are about 2 years old. Seller is selling this home strictly as-is.

Last Agent to Sell the Property

Ryan Ivemeyer

O'Neil Property Group, LLC License #471021972 Listed on: 03/21/2025

Last Buyer's Agent

L. Alberto Restrepo

First Rate Properties License #475144112

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 1915

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 33x123

Community Details

  • 3 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,460

Year Built

Built in 1915

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 33X123
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1460
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2025 05/23/25 Sold $420,000 +1.2% $87 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $415,000 -- $86 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12318562

Midwest Real Estate Data (MRED)

APN: 16161140090000