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Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12554398MLS Provider

731 E 50th StreetChicago, IL 60615

Commercial · 5 Beds
$699,000 Active

731 E 50th Street Overview

Time on Site:
56 days
Visits:
0

Three story brick 6-unit apartment building with 5-3-bedroom units and 1-2-bedroom unit. GHW boiler heat. Two units have their own GWH. Four apartment units have newly remodeled kitchens and baths. Good quality updates. Fireplaces. Decks on the rear of the building. 5-6 car on-site parking in the rear. Fenced yard. Full, unfinished basement. Three units have in-unit laundry. Building is well maintained. Market rents should be higher.

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731 E 50th Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 1000
  • Electric Expense: 425
  • Fuel Expense: 4900
  • Gross Income: 83400
  • Gross Scheduled Income: 83400
  • Insurance Expense: 2800
  • Maintenance Expense: 2500
  • Net Operating Income: 54900
  • Operating Expense: 26300
  • Trash Expense: 3380
  • Water Sewer Expense: 785

Building Information

  • Year Built: 1898

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Grand Boulevard

Tax Information

  • Tax Annual Amount: $16,132.00
  • Tax Year: 2024

General Information

  • Parcel Number: 20102260200000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 52.8 x 127.7

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 5

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

731 E 50th Street Neighborhood

Community

60615 (Chicago) Demographics

35
Median Age
14,432
Population Density (per sq. mile)
68%
College Educated
$44,658
Estimated Median Income
6,504
Estimated Total Home Owners
15,109
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

731 E 50th Street Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

731 E 50th Street Market Data

Based on the last 30 days in this zip code

$411,555
Average List Price
$248
Average Price per Square Foot
30
Properties Sold
82
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network

731 E 50th Street History

Date Event Value Agent
6/16/2026Source: MRED Status Change
Active
6/11/2026Source: MRED Price Reduction
$699,000 -3.6%
6/11/2026Source: MRED Status Change
Price Change
5/10/2026Source: MRED Status Change
Active
5/5/2026Source: MRED Added to Database
May 05, 2026