2309 W 50th Place, Chicago, IL
$ 249,900
Property Attributes
  • MLS#11887494
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Gage Park
  • NeighborhoodWest Eldson
  • Zip60609
  • StyleTraditional
  • Year Built1895
  • Taxes$ 1005
  • Price$ 249,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Discover an incredible opportunity in the heart of the Gage Park community with this beautifully updated 2-unit building boasting remarkably low taxes. Step inside the first-floor unit to find 2 cozy bedrooms and 1 modern bath, complete with brand-new appliances that enhance your daily living experience. The second-floor unit is a standout feature of this property, offering 2 levels of spacious living. The main floor houses a generous bedroom, while an attic bedroom adds an extra layer of versatility and charm. In addition to these wonderful living spaces, this property includes a brand-new garage, providing secure parking and storage for your convenience. Whether you're an astute investor or a savvy homeowner looking to offset expenses with rental income, this property presents an ideal solution. Enjoy the benefits of dual-unit living while having the opportunity to collect rent from one of the units, helping to navigate the challenges of high rates. Don't miss your chance to own this fantastic starter home with income potential. Schedule a viewing today and take the first step towards a prosperous future in the vibrant Gage Park community.

Elementary School High School
Nightingale Elementary School Kelly High School
Price History
9/19/2023 Listed $249,900

General Features

Additional Parcels Y/N No
Architectural Style Traditional
Basement None
City Chicago
County Cook
Days on Market 6
Directions south on western east on 50th st south on oakley w on 50th pl
Elementary School Nightingale Elementary School
Elementary School District 299
Exterior Features Porch
Garage Spaces 2.5
Heating Natural Gas
High School Kelly High School
High School District 299
MLS Area CHI - Gage Park
Middle/Junior School District 299
New Construction No
Percent Ownership Fee Simple
Possession Closing
Property Type Two to Four Units
Property Type Residential Income
Roof Asphalt
Sewer Public Sewer
Standard Status Active
Status Active
Street Name 50th
Subdivision Name West Eldson
Tax Annual Amount 1005.49
Tax Year 2021
Total Rooms 16
Township South Chicago
Waterfront Y/N No
Year Built 1895
Zoning MULTI

Interior Features

Basement None
Bedrooms Possible 4
Full Baths Building 2
Street Suffix Place
Total Baths 2
Total Bedrooms 4
Total Number of Units 2

Exterior Features

Exterior Vinyl Siding
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 3175
Lot Features Fenced Yard
Lot Size Acres 0.07
Water Source Lake Michigan


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60609

AVG $320K
AVG $2,901
AVG 131
Data Provided by Inside Real Estate®
Year Built
AVG 1900

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