NOT LISTED FOR SALE
9 Beds
3 Baths
4,836 Sq Ft
1915 Built

Sale Details

Date Sold: May 23, 2025

Last sale price $420,000 $87 Per Sq Ft

6 Days on Market

Highlights

  • 3 Car Detached Garage
  • Heating System Uses Steam
  • Senior Tax Exemptions

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 Detached Garage
  • Parking Available

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 Sq Ft Lot

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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$420,000 None Listed On Document
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
Closed $399,000
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
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

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 $4,648 $33,000 $6,611 $26,389
2024 $4,648 $33,000 $6,611 $26,389
2023 $1,460 $28,000 $5,372 $22,628
2022 $1,460 $28,000 $5,372 $22,628
2021 $1,389 $27,999 $5,371 $22,628
2020 $1,434 $19,271 $5,371 $13,900
2019 $1,429 $22,151 $5,371 $16,780
2018 $1,408 $22,151 $5,371 $16,780
2017 $1,507 $22,375 $4,751 $17,624
2016 $1,911 $22,375 $4,751 $17,624
2015 $1,837 $22,375 $4,751 $17,624
2014 $1,821 $18,256 $4,545 $13,711
2013 $1,827 $18,256 $4,545 $13,711
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12318562

Midwest Real Estate Data (MRED)

APN: 16161140090000

Your Personal Tour Guide

Ask me questions while you tour the home.