2321 W 50th Place
Chicago, IL 60609

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $399,900

About this home

Newly rehabbed brick 2 unit building with unfinished basement in east Gage Park! This beauty was gutted to the studs and pretty much rebuilt with new insulation, electric, plumbing, walls, flooring, HVAC, Roof the list goes on and on. The first floor apartment has 2 spacious bedrooms, living room, full bathroom, and great size kitchen with quartz counters and enough space for a table. The second floor apartment is the same as first but is duplexed with the attic offering an additional bedroom, a family/rec room, bonus room and a second full bathroom! The yard offers great green space and you get a 2 car garage with a new garage door! The basement has tons of storage area and has a laundry hookup. This is a rapidly appreciating area of Gage Park and is close to shopping and public transportation. With sky high rents this property presents quite an opportunity!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 71-80 Years
3 Bedroom Unit in Building Yes
Parking Total 2
Exterior Building Type Brick
Foundation Concrete Perimeter
Garage Details Garage Door Opener(s), Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2023
Roof Type Asphalt
MRD Virtual Tour None
Virtual Tour Date 07/06/2024 11:42 pm
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - Gage Park
Zoning Type MULTI
Corporate Limits Chicago
Directions Damen to 50th Pl then E. to property
Equipment CO Detectors, Water Heater-Gas
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 3
Full Baths in Building Count 3
Total Rooms 10
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 4
Tenant Pays All
Floor Number 1
Square Feet 1000
unit 2
Beds Total 3
Baths Total 2
Appliances And Features None
Full Baths Total 2
Rooms Total 6
Tenant Pays All
Floor Number 2
Square Feet 1500
Property / Lot Details
Deconversion N
Lot Dimensions 25X125
Lot Description Fenced Yard
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20071220100000
Special Assessments N
Taxes $2,546
Tax Exemptions None
Tax Year 2023
$399,900 Listing Price:
MLS # 12102632
Investment Profile Residential Income
Listing Market Time 27 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 07/05/2024
Year Built
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