Chicago, IL 60615 350 E 50th Street
$1,350,000
8 more
Presented By: Jameson Sotheby's Intl Realty
Beds • 2
Home Details
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.
Presented By: Jameson Sotheby's Intl Realty
Interior Features for 350 E 50th Street
Other Interior Features
BasementUnfinished
Total Fireplaces6
General for 350 E 50th Street
Additional Parcels Y/NYes
Association Fee IncludesWater, Insurance, Lawn Care, Scavenger, Snow Removal, Other
Cap Rate9.98
CityChicago
Construction MaterialsBrick, Stone
CoolingCentral Air
CountyCook
DirectionsFrom 47th and King Drive, South to 50th, 1/4 Block W to property
ElectricCircuit Breakers, Service - 0 to 100 Amps
Electric Expense
Fuel Expense
Gross Income163800
Insurance Expense1704
MLS AreaCHI - Grand Boulevard
Maintenance Expense
ModificationTimestamp2025-07-01T20:48:02.996Z
Net Operating Income134730
Number Of Units Total6
Operating Expense8880
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofRubber
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount20190
Tax Year2023
Tenant PaysElectricity, Heat
TownshipHyde Park
Trash Expense0
Virtual TourClick here
Water Sewer Expense0
Year Built1929
ZoningOTHER
Exterior for 350 E 50th Street
Foundation DetailsConcrete Perimeter, Stone, Other
Frontage TypeCity Street, Alley Access
Lot Dimensions50 X 75
Water SourceMunicipal Water
Additional Details
Price History
