2223 W 50th Place
Chicago, IL 60609

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Description

Exceptional investment opportunity in a rapidly developing area! This spacious property offers 6 bedrooms and 3 full bathrooms with a highly functional layout. The main level features 3 bedrooms and 1 full bath, the finished attic includes an additional bedroom and full bath, and the basement in-law arrangement offers 2 bedrooms and 1 full bath with separate living space. Each level has its own bathroom, making this property ideal for multi-generational living, house hacking, or rental income potential. With the right improvements, this home can be converted into a legal 2-unit property, creating strong cash flow opportunities. Priced under $250K, this is a rare value-add opportunity for investors looking to maximize returns. Sold as-is.

Features

• Property Type: Single Family Home
• Sub Type: Detached Single
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60609
• Year Built: 1898
• Age: 100+ Years
• School District: 299
• Sq.Ft.: 2,400 sq ft
• Style: Contemporary, Tudor
• Stories: 3 Story
• Total Rooms: 12
• Bedrooms: 6
• Full Baths: 3
• Basement: Finished, Walk-Up Access, Full
• Garage: 2 Car
• # of Parking Spaces: 2
• Lot Size: Less Than .25 Acre
• Baths: 3
• View: No
• APRX_TOTAL_FIN_SQFT: 2400
• Appliances: Range, Microwave, Refrigerator, Washer, Dryer
• Assessor Square Footage: 880
• Attic: Full
• Basement Bathrooms (Y/N): Yes
• Bedrooms Possible: 6
• Built Before 1978 (Y/N): Yes
• Construction Materials: Aluminum Siding
• Cooling: Window Unit(s)
• Dining Room: Separate
• Directions: Head north on S Ashland Ave toward W 50th St. Turn right (east) onto W 50th St. Continue on W 50th St for about 2 blocks. Turn left (north) onto S Oakley Ave. Take the first right (east) onto W 50th Pl. The destination 2223 W 50th Pl will be on your left.
• Electric: 100 Amp Service
• Heating: Natural Gas, Forced Air
• Is Parking Included in Price: Yes
• Living Area Source: Landlord/Tenant/Seller
• Lot Size Source: Listing Agent
• Lower Sq Ft: 800
• Main Sq Ft: 800
• Main Type: Residential
• Parking Features: Yes, Garage Owned, Detached, Garage
• Patio And Porch Features: Patio, Porch
• Roof: Shake
• Rooms: Recreation Room, Bedroom 5, Attic, Bedroom 6
• Sewer: Public Sewer
• South: 2223
• Special Service Area: N
• Square Footage Comments: 880sqft building assessor
• TOTAL_SQFT: 2400
• Tax Annual Amount: 1756.83
• Tax Exemptions: Homeowner
• Tax Year: 2024
• Total Finished/Unfinshed Sq Ft: 2400
• Township: Lake
• Type Detached: 3 Stories
• Upper Sq Ft: 800
• Water Source: Lake Michigan, Public
• West: 2223