350 E 50th Street Chicago, IL ^$ 1,350,000

350 E 50th Street

^$ 1,350,000

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350 E 50th Street

Chicago, IL, 60615

^$ 1,350,000

Bedrooms2 Baths0.0

Monthly Estimate*

^$ 8,422

350 E 50th Street, Chicago, IL 60615 - Image 1

350 E 50th Street, Chicago, IL 60615 - Image 2

350 E 50th Street, Chicago, IL 60615 - Image 3

350 E 50th Street, Chicago, IL 60615 - Image 4

350 E 50th Street, Chicago, IL 60615 - Image 5

350 E 50th Street, Chicago, IL 60615 - Image 6

350 E 50th Street, Chicago, IL 60615 - Image 7

350 E 50th Street, Chicago, IL 60615 - Image 8

350 E 50th Street, Chicago, IL 60615 - Image 9

350 E 50th Street, Chicago, IL 60615 - Image 10

350 E 50th Street, Chicago, IL 60615 - Image 11

350 E 50th Street, Chicago, IL 60615 - Image 12

350 E 50th Street, Chicago, IL 60615 - Image 13

Multi-Family Home for sale in Chicago, IL

for $1,350,000 with 2 bedrooms. This home was built in 1929.

Investor Opportunity in Historic Bronzeville | 6 Fully Rehabbed Luxury Condos with a solid Cap Rate. Rare chance to own a stabilized, income-producing portfolio of six (6) individual 2BD/2.5BA condos within a 15-unit building-each with its own PIN. The units feature modern, open floor plans with high-end finishes, stainless steel appliances, in-unit laundry, and central air. Located near Hyde Park, University of Chicago, Rush Medical, and the lakefront. Ideal for long-term hold or individual resale. Capitalize on Chicago's surging South Side market with this plug-and-play investment.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 20,190

Style

Year Built

1929

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12306217

Features

General

Cooling Central Air

Possession Closing

Roof Rubber

Zoning OTHER

Association Fee Includes Water Insurance Lawn Care Scavenger Snow Removal Other

Construction Materials Brick Stone

Year Built 1929

Electric Circuit Breakers Service - 0 to 100 Amps

Tenant Pays Electricity Heat

Stories Count 3

Township Hyde Park

Tax Year 2023

Gross Income 163800

County Cook

Net Operating Income 134730

Operating Expense 8880

Insurance Expense 1704

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions From 47th and King Drive South to 50th 1/4 Block W to property

City Chicago

Number Of Units Total 6

MLS Area CHI - Grand Boulevard

Tax Annual Amount 20190

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N Y

Standard Status Active

Cap Rate 9.98

Interior

Basement Unfinished

Total Fireplaces 6

Exterior

Water Source Municipal Water

Foundation Details Concrete Perimeter Stone Other

Lot Dimensions 50 X 75

Frontage Type City Street Alley Access

* Excluded Features

List By

Jameson Sotheby's Intl Realty

Broker

melindajordan@mjthecloser.com; melindajordan@mjthecloser.com

Affordability Calculator

$10,105

Per Month

Monthly Principal & Interest: $8,422
Monthly Property Taxes: $1,683
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,348

Percent of Sale Price 54%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/7/2025	$1,350,000		Listed Price

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350 E 50th Street, Chicago, IL, 60615 is a Multi-Family Home for sale at $1,350,000. 350 E 50th Street has 2 bedrooms, 0.0 baths, and was built in 1929. The property's zip code is 60615 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/10/2025.

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350 E 50th Street

Multi-Family Home for sale in Chicago, IL

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