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.
Closed
$260,000
2223 W 50th Pl, Chicago, IL 60609
6beds
2,400sqft
Single Family Residence
Built in 1898
3,125 Square Feet Lot
$262,400 Zestimate®
$108/sqft
$2,299 Estimated rent
Home value
$262,400
$239,000 - $289,000
$2,299/mo
Zestimate® history
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$1,829/mo
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Highly functional layout
Zillow last checked:
Listing updated:
Listing courtesy of:
Jose Borjas 630-707-5463,
Shopping Casas Chicago LLC
Bought with:
Juan Ramirez
Su Familia Real Estate Inc
Source: MRED as distributed by MLS GRID,MLS#: 12577844
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Bedroom 2
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Bedroom 3
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9X9
Bedroom 4
- Level: Attic
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 5
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8X10
Bedroom 6
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Other
- Level: Second
- Area: 320 Square Feet
- Dimensions: 20X16
Dining room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Family room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 15X16
Kitchen
- Features: Kitchen (Eating Area-Table Space)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Laundry
- Level: Basement
- Area: 80 Square Feet
- Dimensions: 10X8
Living room
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17X12
Recreation room
- Level: Basement
- Area: 180 Square Feet
- Dimensions: 12X15
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Range, Microwave, Refrigerator, Washer, Dryer
Features
- Basement: Finished,Walk-Up Access,Full
- Attic: Full
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 3
- Patio & porch: Patio, Porch
Lot
- Size: 3,125 sqft
- Dimensions: 25 x 125
Details
- Parcel number: 20071230110000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Tudor
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shake
Condition
- New construction: No
- Year built: 1898
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $260,000+4%$108/sqft |
Source:  MRED as distributed by MLS GRID #12577844 Report a problem | ||
| 3/3/2026 | Contingent | $249,990$104/sqft |
Source: MRED as distributed by MLS GRID #12577844 Report a problem | ||
| 2/26/2026 | Listed for sale | $249,990$104/sqft |
Source: MRED as distributed by MLS GRID #12577844 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $12,000 +50% |
| 2023 | $994 +4.9% | $8,000 |
| 2022 | $947 +0.9% | $8,000 |
| 2021 | $939 +14.4% | $8,000 +18.3% |
| 2020 | $821 -4.6% | $6,764 -12% |
| 2019 | $861 +1.8% | $7,687 |
| 2018 | $845 -13.4% | $7,687 -2.4% |
| 2017 | $976 -10.1% | $7,879 |
| 2016 | $1,085 +11.8% | $7,879 |
| 2015 | $970 -8.9% | $7,879 -4.7% |
| 2014 | $1,065 +3.1% | $8,266 |
| 2013 | $1,033 -1% | $8,266 |
| 2012 | $1,044 -28.1% | $8,266 -36.1% |
| 2011 | $1,452 +9.5% | $12,938 |
| 2010 | $1,326 +20.5% | $12,938 |
| 2009 | $1,101 -11% | $12,938 -15.3% |
| 2008 | $1,237 -43.4% | $15,274 |
| 2007 | $2,187 -1.1% | $15,274 |
| 2006 | $2,211 +69.9% | $15,274 +91.8% |
| 2005 | $1,301 +0.1% | $7,963 |
| 2004 | $1,300 +2.2% | $7,963 |
| 2003 | $1,272 +26.5% | $7,963 +43.6% |
| 2002 | $1,006 +3.7% | $5,544 |
| 2001 | $970 -4.9% | $5,544 |
| 2000 | $1,020 -0.7% | $5,544 +5.5% |
| 1999 | $1,027 | $5,255 |
Find assessor info on the county website
Neighborhood: Gage Park
Nearby schools
GreatSchools rating
- 4/10Nightingale Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Thomas Kelly College PreparatoryGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$262,400
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Estimated market value
$262,400
- Illinois
- Cook County
- Chicago
- 60609
- Gage Park
- 2223 W 50th Pl
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