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$225,000
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Property Description
Charming all-brick ranch with great potential in the Austin neighborhood! This 3-bedroom, 1-bath home features good-sized rooms throughout, including a comfortable living room and an eat-in kitchen. Hardwood floors lie beneath the carpet, ready to be uncovered. Additional features include a full basement, a fenced yard, and a detached 2-car garage. An As-Is estate probate sale, perfect for buyers looking to update and make this solid home their own, and a great option for investors seeking their next project.
Full Property Details
Full Property Details for 5240 W Gladys Ave
General
- Price: $225,000
- Taxes: $2,961 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12526376
- Updated: 1/15/2026
- Added to Site: 43 day(s) ago
Interior
- Basement: Partially
- Appliances: Double Oven, Refrigerator, Washer, Dryer, Cooktop, Range Hood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: Commuter Bus, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: Laramie South of Jackson, West to Gladys Ave
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 929
- Sq. Ft. Source: Plans
- Year Built: 1953
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 45 x 123 x 45 x 123
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1953
- Tax Amount: $2,961
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Court Approval Required, In Foreclosure, Probate Listing
- Property ID: 16161230320000
Listed by Baird & Warner
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Schools
Schools serving 5240 W Gladys Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Leland Elementary School, Chicago, IL 512 South Lavergne Avenue, Chicago, IL 60644 | PK-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5240 W Gladys Ave
Date
Details
Price
Change
Source
12/05/2025
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5240 W Gladys Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,961
4%
$20,000
—
2022
$2,847
100%
$20,000
—
2021
100%
$20,000
97%
2020
100%
$10,136
-10%
2019
-100%
$11,263
2%
2017
$222
-45%
$11,092
—
2016
$403
4%
$11,092
—
2015
$387
1%
$11,092
-9%
2014
$384
—
$12,124
—
2013
$385
7%
$12,124
—
2012
$361
—
$12,124
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5240 W Gladys Ave
5240 W Gladys Avenue, Chicago, IL 60644 (MLS# 12526376) is a Single Family property with 3 bedrooms and 1 full bathroom. 5240 W Gladys Avenue is currently listed for $225,000 and was received on December 05, 2025. Want to learn more about 5240 W Gladys Avenue? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

