2223 West 50th, Chicago IL 60609
Property Description
Exceptional investment opportunity in a rapidly developing area! This spacious property offers 6 bedrooms and 3 full bathrooms with a highly functional layout. The main level features 3 bedrooms and 1 full bath, the finished attic includes an additional bedroom and full bath, and the basement in-law arrangement offers 2 bedrooms and 1 full bath with separate living space. Each level has its own bathroom, making this property ideal for multi-generational living, house hacking, or rental income potential. With the right improvements, this home can be converted into a legal 2-unit property, creating strong cash flow opportunities. Priced under $250K, this is a rare value-add opportunity for investors looking to maximize returns. Sold as-is.
Features & Information
Key Details
- List Price $249,990
- Property Taxes $1,756.83
- Square Feet 2400
- Price/ Sq. Ft. $104.16
- Year Built 1898
- Parking Type Garage
- Status Contingent
Rooms
- Total Rooms 12
- Basement F
-
Master Bedroom
- Master Bath N
- Room Size 11X9
-
Bedroom 2
- Room Size 11X9
- Floor Level Main Level
-
Bedroom 3
- Room Size 9X9
- Floor Level Main Level
-
Bedroom 4
- Room Size 13X11
- Floor Level Attic
-
Living Room
- Room Size 17X12
- Floor Level Main Level
-
Family Room
- Room Size 15X16
- Floor Level Main Level
-
Dining Room
- Room Size 15X12
- Floor Level Main Level
-
Kitchen
- Room Size 10X12
- Kitchen Type Eating Area-Table Space
- Floor Level Main Level
-
Basement
- Basement Description Finished,Walk-Up Access
- Bathroom(s) in Basement Y
Additional Rooms
-
Additional Room 1
- Additional Room 1 Name Recreation Rm
- Additional Room Size 12X15
- Additional Room Level Main Level
-
Additional Room 2
- Additional Room 2 Name 5th Bdrm
- Additional Room Size 8X10
- Additional Room Level Main Level
Interior Features
-
Appliances
- Appliances Included Oven/Range, Microwave, Refrigerator, Washer, Dryer
-
Heating & Cooling
- Heating Type Gas, Forced Air
- Air Conditioning Window Unit(s)
Exterior Features
-
Building Information
- Age of Building 100+ Years
- Exterior Construction Aluminum Siding
-
Parking
- Parking Garage
- # of Cars 2
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property Head North On S Ashland Ave Toward W 50th St. Turn Right (east) Onto W 50th St. Continue On W 50th St For About 2 Blocks. Turn Left (north) Onto S Oakley Ave. Take The First Right (east) Onto W 50th Pl. The Destination 2223 W 50th Pl Will Be On Your Left
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1756.83
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 20071230110000
-
Lot Information
- Dimensions 25 x 125
Utilities
- Sewer Sewer-Publ
Listed by: Shopping Casas Chicago LLC | Phone: 847.387.5551
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/18/2026 4:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Explore Gage Park
Named after the largest park within its boundaries, Gage Park boasts a vibrant mix of classic character and history. From its charming bungalows to its Irish Catholic and Eastern European heritage, Gage Park embodies the true multicultural spirit of Chicago's neighborhood network. Expanding its diversity in both residential population and culinary options, Gage Park is packed with a variety of restaurants that are sure to please the taste buds, especially if you're hungry for tamales or tacos. Gage Park has a solid roster of Latin American-influenced eateries, seasoned with a pizzeria and traditional Chicago hot dog stand here and there.
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