Closed

$590,000

616 50th Place, Chicago, IL 60615
5 Beds3 Baths57 days
616 50th Place·Chicago, IL 60615
5Bedrooms
3Bathrooms
About This Home

Here is an incredible investment opportunity with this turn-key stunning stone iconic 2 units plus a super sharp finished basement with front and rear entrances. Both units including the basement have all separate utilities. This building has been carefully and thoughtfully transformed into a wonderful real estate portfolio asset. The layout of the units will truly impress you with the high ceilings, exposed brick, hardwood floors, newer kitchens and baths. 2nd floor will greet you with a spectacular over-sized skylight and warm stylish fireplace. The exterior stone has been recently tuckpointed, new rear cement carport with a fully fenced in yard. All of this plus an excellent location near all of Hyde Parks entertainment, walk to the Green Line, Washington Park, Lakeshore, and super close to the University of Chicago. This gen of building comes with all of the appliances, including the coin operated washer and dryer. New construction in the area is selling for double our price. Take advantage of this great investment opportunity.

MLS# 11772602Listed May 2, 2023Residential IncomeBrownstone
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms11

Size & Structure

Lot Size25X125

Location

CountyCook
TownshipHyde Park
Zip Code60615

Financial

List Price$590,000
Annual Taxes (2021)$5,849
Monthly Tax Est.$487
Parcel #20102250080000
Interior Features

Heating

Natural Gas

Basement

FinishedExterior EntryRec/Family AreaSleeping AreaFullWalk-Out Access
Exterior & Lot

Construction

BrickStone

Roof

Rubber
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Off AlleyOff StreetAlley AccessOtherSecuredOn Site
Tax & Financial
Annual Taxes
$5,849
Tax Year 2021
Monthly Tax Est.
$487
per month
Property Location

616 50th Place, Chicago, IL 60615Cook County

$590,000
616 50th Place
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
57 days on market
25X125
$5,849/yr taxes
$3,588
estimated monthly payment
Principal & Interest
$3,101/mo
Property Tax
$487/mo
$590,000
20% — $118,000
3%50%
6.875%
3%12%
Loan Amount
$472,000
Down Payment
$118,000

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

Listed by
Charles Rutenberg Realty of IL
Agent: Jose Garcia
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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