Closed

$615,000

427 50th Street, Chicago, IL 60615
7 Beds2 Baths8 days
427 50th Street·Chicago, IL 60615
7Bedrooms
2Bathrooms
1898Year Built
About This Home

Amazing Bronzeville/Washington Park Court Greystone 2 flat with a 4 bedroom apartment and a 3 bedroom apartment. Vintage with all of today's modern amenities - central air, newer plumbing, electrical, windows, HVAC system, roof, tuckpointing, decking system, formal dining rooms, gorgeous original woodwork and so much more! An incredible chance to acquire a piece of Chicago's rich history and promising future! This stunning 2-story Greystone, built in 1898 from Bedford Limestone sourced from nearby quarries in Indiana, is located at the entrance of the picturesque historic Washington Park Court. The roof has been recently resurfaced, and the back porch has been completely rebuilt, complemented by a detached patio and bar area perfect for outdoor gatherings and summer fun! This well-maintained home features numerous modern updates while preserving many of its original dynamic characteristics, including beautifully preserved hardwood floors throughout both levels. The property also includes a brick 2-car garage and a full unfinished basement that spans the entire building, with a walkout leading to the well appointed patio. Acquiring this property presents an immediate opportunity to transform your investment into a profitable venture, with potential earnings from Airbnb or an elevated rental or a possible 3rd apartment in the lower level. Additionally, you could restore this multi-family residence back to its original Grand Boulevard single-family home status through a comprehensive renovation, creating significant generational equity for you and your family, Especially with the influx of synergy from upcoming developments like the new Northwestern Medicine Bronzeville outpatient center set to open in fall 2025 and The Obama Presidential Center scheduled for spring 2026! Furthermore, this home's prime location offers convenient access to various attractions: trendy Hyde Park, 7 minutes from the Chicago White Sox, 9 minutes from the Griffin Museum of Science and Industry, 3 minutes from XS Tennis and Education Foundation, 4 minutes from the University of Chicago, IIT, 10 minutes to Chicago's scenic Lakefront, and only 25 minutes from the vibrant Magnificent Mile in downtown Chicago! Schedule your private tour today and start imagining your serene dream home in the heart of Chicago! Showings only by appointment.

MLS# 12351422Listed May 1, 2025Residential IncomeGreystone
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms2
Total Rooms13

Size & Structure

Garage Spaces2
Year Built1898
Lot Size3,075 SQ FT

Location

CountyCook
TownshipNorth Chicago
Zip Code60615

Financial

List Price$615,000
Annual Taxes (2023)$5,377
Monthly Tax Est.$448
Parcel #20102220070000
Interior Features

Heating

Natural GasForced AirSep Heating Systems - 2+Indv Controls

Basement

UnfinishedExterior EntryConcreteStorage SpaceFull
Exterior & Lot

Construction

BrickStone

Roof

Flat

Patio & Porch

DeckPatio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

Street LightsStreet PavedSidewalks
Tax & Financial
Annual Taxes
$5,377
Tax Year 2023
Monthly Tax Est.
$448
per month
Property Location

427 50th Street, Chicago, IL 60615 — Cook County

$615,000
427 50th Street
7 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
2-car garage
3,075 SQ FT
$5,377/yr taxes
$3,680
estimated monthly payment
Principal & Interest
$3,232/mo
Property Tax
$448/mo
$615,000
20% — $123,000
3%50%
6.875%
3%12%
Loan Amount
$492,000
Down Payment
$123,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Maribel Selva
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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