5567 W Gladys Avenue, Chicago, IL 60644 - Photo 1

1/1

$400,000

Sold
Closed
Multi-Family
4 Total Beds
2 Car Garage

1/1

Property Description

Don't miss this beautifully rehabbed and upgraded 2-unit building, ideal for Investors! Situated in the vibrant Austin community, Each spacious unit features hardwood floors throughout, modern kitchens with stainless steel appliances, and completely updated bathrooms. Enjoy year-round comfort with central air, heating units and new windows. Additional perks include a new oversized 2 car garage w/Loft for parking and/or additional storage for extra income. Each spacious unit features its own private deck, perfect for relaxing or entertaining. Tenants are already in place, making this a hassle-free, income-generating investment from day one! A true low-maintenance investment! The property also includes an unfinished walkout basement-a blank canvas with the potential to add additional income or expand existing living space.

Full Property Details

Full Property Details for 5567 W Gladys Ave

General

Sold For: $400,000
Taxes: $4,575 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12406685
Added to Site: 229 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Additional Information

Equipment: Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: Garage Door Opener, Heated Garage, Garage, On Site, Garage Owned, Detached
Parking On-Site: Yes

Location

Area: CHI - Austin
County: Cook
Driving Directions: 290W TO CENTRAL AVE. NORTH TO VAN BUREN CONTINUE EAST TO LOTUS AND NORTH TO GLADYS

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished, Full
Foundation: Brick/Mortar
Roof: Flat
Year Built: 1953
Built Before 1978: Yes
Remodeled/Updated: 2016

Unit Information

Units in Building: 2

Additional Structures

Other Structures: Garage(s)

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 32 x 123
Fence: Yes
Zoning: MULTI
Fencing (Description): Fenced

Financial Considerations

Parking Included: Yes
Assessment Year: 1953
Tax Amount: $4,575
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 16161140500000

Listed by Real People Realty
Sold by RE/MAX Horizon

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— 5567 W Gladys Ave —

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Schools

Schools serving 5567 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	0.8 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 5567 W Gladys Ave

Date

Details

Price

Change

Source

8/28/2025

Sold

$400,000

2.56%

MLS

7/11/2025

Listed

$390,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5567 W Gladys Avenue, Chicago, IL 60644 (MLS# 12406685) is a Multi-Family property that was sold at $400,000 on August 28, 2025. Want to learn more about 5567 W Gladys Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

5567 W Gladys Ave Chicago, IL 60644