350 E 50th Street
Chicago, IL, 60615
$1,350,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,350,000
350 E 50th Street
Chicago, IL, 60615
MLS #MRD12306217 img 0MLS #MRD12306217 img 1MLS #MRD12306217 img 2MLS #MRD12306217 img 3MLS #MRD12306217 img 4MLS #MRD12306217 img 5MLS #MRD12306217 img 6MLS #MRD12306217 img 7MLS #MRD12306217 img 8MLS #MRD12306217 img 9MLS #MRD12306217 img 10MLS #MRD12306217 img 11MLS #MRD12306217 img 12
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!

Property Details

Price:
$1,350,000
MLS #:
MRD12306217
Status:
Active
Beds:
0
Baths:
0
Address:
350 E 50th Street
Type:
Commercial
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
Mar 7, 2025
State:
IL
ZIP:
60615
Year Built:
1929

Schools

Interior

Cooling
Central Air
Fireplaces Total
6

Exterior

Construction Materials
Brick, Stone
Roof
Rubber

Financial

HOA Includes
Water, Insurance, Lawn Care, Scavenger, Snow Removal, Other
Net Operating Income
$134,730
Tax Year
2023
Taxes
$20,190
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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350 E 50th Street
Chicago, IL