3838 West Gladys, Chicago IL 60624
$499,000

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Property Description

Opportunity awaits with this classic Greystone 4-unit building on Chicago's West Side. Just steps from a beautiful park, near public transportation, and minutes from the I-290 expressway for a quick commute downtown, this property is ideally located in a community on a strong upswing. The building was rehabbed several years ago with updated kitchens, baths, electrical, and separate heating systems. It is currently vacant and needs some repairs after tenant move-outs, offering investors the flexibility to reposition it for maximum return. The property also features a high-ceiling walk-out basement, providing additional potential for value-add improvements. Highlights: 4-unit Greystone building The prime location is near public transportation, I-290, and downtown Chicago. Steps from the neighborhood park Previously rehabbed: updated kitchens, baths, electrical, and separate heating. Vacant and ready for an investor vision Strong potential for rental income or condo conversion

Features & Information

Key Details

  • List Price $499,000
  • Property Taxes $2,540
  • Price/ Sq. Ft. Unavailable
  • Year Built 1906
  • Parking Type Space/s
  • Status Active

Rooms

  • Total Rooms 16
  • Basement F

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  2

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Stone
  • Heating & Cooling Gas
  • Units

  • Unit 1 None
  • Unit 2 None
  • Unit 3 None
  • Unit 4 None

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Hamlin South To Gladys West To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2540
  • Tax Year 2023
  • Parcel Identification Number 16141090200000

Utilities

  • Sewer Sewer-Publ

Listed by: Ford Desired Real Estate LLC | Phone: 773.379.4663
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/14/2025 11:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore West Garfield Park

Since being settled by Scandinavian and Irish immigrants in the 1870s, West Garfield Park has become a working-class neighborhood on the rise. Its convenience to downtown has attracted the interest of business-owners and residential developers, but as of now, the up-and-coming West Garfield Park is still an affordable option for first-time homebuyers, young working singles and families alike. Gradual modernization of housing is slowly giving this classic neighborhood a contemporary face-lift, although the majority of properties here are of the vintage persuasion, rather than new design. West Garfield Park is also embellished with a healthy assemblage of retailers and restaurateurs, not to mention a large number of educational academies that include a specialized charter school and college level institution.

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