Active
New
350 E 50th Street
Chicago IL, 60615
$1,350,000
Active
New
Multi-family
Built in 1929
Courtesy of Jameson Sotheby's Intl Realty
Unique Turnkey Investment Opportunity in Historic Bronzeville/Washington Park! 6 Newly Rehabbed Luxury Condos in a 15-Unit Building. Seize this rare opportunity to acquire a fully renovated, income-generating portfolio of six 2-bedroom, 2.5-bath condos, each with individual PINs. These modern residences feature open floor plans, high-end finishes, and stainless steel appliances, making them highly desirable for tenants and future buyers alike. Prime Investment Location - Just off Historic King Drive, these condos are strategically positioned near Hyde Park, Kenwood, the University of Chicago, the Lakefront, Rush Medical Center, and the Loop, ensuring strong rental demand. 5 Units Already Rented - Immediate cash flow with stabilized tenancy. Strong return potential in a rapidly appreciating market. Individually Pinned Units - Flexibility to hold or sell individually. High Tenant Demand - Modern renovations and prime location ensure continued occupancy. This value-add asset is perfectly suited for investors looking to expand their portfolio in one of Chicago's most sought-after neighborhoods. Act now to capitalize on this high-performing opportunity!
12306217
MLSⓇ ID
March 7, 2025
Listed
March 7, 2025
Updated
Interior Features
Total Stories
3
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Roof
Rubber
Other Property Details
Area Name
CHI - Grand Boulevard
Taxes
$20,190
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
Cook
Municipality
Hyde Park
Utilities
Water-Municipal
Zoning
OTHER
Courtesy of Jameson Sotheby's Intl Realty, Melinda Jordan,
Listing Contact: 312-751-0300
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Naja Morris are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 3/7/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 2:38 PM UTC, 3/7/2025
