IL
Cook
Chicago
60644
4938 W Gladys Avenue, Chicago, IL 60644
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Listing Type
Multi Family
Listing Status
Active
11
$299,000

Home Details for 4938 W Gladys Avenue

Price
$299,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Year built
1915
Lot size acres
0.07
County
Cook
Total rooms
10
Garage
2.5
Basement
Partially Finished, Full
MLS Listing#
12624153
Property Description

Solid brick 2-flat in Austin with strong income potential and added value through Chicago's newly expanded ADU ordinance (effective April 1, 2026). This well-maintained property features two spacious units, each offering 2 bedrooms and 1 bathroom, hardwood floors, and separate utilities-ideal for both owner-occupants and investors. The basement includes 1 bedroom, 1 bathroom, a second kitchen, and two private entrances, creating excellent potential for duplexing with the first floor or converting to an additional legal ADU (buyer to verify). Whether you're looking to house hack, generate strong rental income, or maximize value through added unit potential, this property checks all the boxes.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Parking
    • Detached
    • Garage
  • Basement
    • Partially Finished
    • Full
  • Water Features
    • Public
Listing Courtesy: DEI Realty LLC - 888-720-3075
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-25 23:50:33. 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.
Last Updated: 2026-04-25 23:50:33
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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