$720,000
5521 W Gladys Avenue
Chicago, IL, 60644
Investment Opportunity! This 8-unit property is a cash cow, generating $8,457 in monthly gross income. Consisting of four 2-bed, 1-bath units and four 1-bed, 1-bath units, all currently occupied by CHA Section 8 tenants, ensuring a steady, government-backed income stream. Each unit features separate utilities and gas forced air. Well-maintained and situated in a prime location. Don’t miss this chance for a reliable investment in a thriving area!
Property Details
Price:
$720,000
MLS #:
MRD11942380
Status:
Active
Beds:
0
Baths:
0
Address:
5521 W Gladys Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Dec 5, 2023
State:
IL
ZIP:
60644
Lot Size:
6,200 sqft / 0.14 acres (approx)
Year Built:
1965
Schools
Interior
Exterior
Construction Materials
Brick
Financial
Buyer Agent Compensation
2%-$495Net Sale Price
Tax Year
2022
Taxes
$8,321
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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