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$780,000
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Property Description
West Town development opportunity! One of two side by side lots available for purchase separately or together. 2050 W Grand is a frame two unit- currently rented month to month and 2048 is a former urban garden now vacant and ready for highest and best use! Both lots are zoned B2B allowing for development of 2-4 unit residential, commercial, mixed use, multi family or single family properties. Lots are 24 x 92 and are centrally located at Grand and Hoyne with a bus stop right out front and close proximity to the heart of Ukrainian Village, United Center development and the West Loop. This is your chance to acquire land in the booming Grand Ave corridor. Adjacent mixed use property at 2054 W Grand also available for $3.25M giving you 5 total parcels.
Full Property Details
Full Property Details for 2050 W Grand Ave
General
- Price: $780,000
- Taxes: $8,060 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12723830
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: West on W Grand between N Hoyne and N Damen.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 24 x 92
- Zoning: OTHER
Financial Considerations
- Assessment Year: 1890
- Tax Amount: $8,060.21
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17071240180000
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Schools
Schools serving 2050 W Grand Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Talcott Elementary School 1840 West Ohio Street, Chicago, IL 60622 | K-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 2050 W Grand Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,428
—
$40,000
-26%
2023
$11,428
3%
$54,000
—
2022
$11,107
15%
$54,000
13%
2021
$9,630
5%
$47,887
16%
2020
$9,172
184%
$41,172
-11%
2019
$3,227
2%
$46,261
—
2018
$3,178
-7%
$46,261
33%
2017
$3,403
-10%
$34,708
—
2016
$3,775
4%
$34,708
—
2015
$3,628
1%
$34,708
11%
2014
$3,597
—
$31,403
—
2013
$3,609
7%
$31,403
—
2012
$3,379
—
$31,403
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2050 W Grand Ave
2050 W Grand Avenue, Chicago, IL 60612 (MLS# 12723830) is a Multi-Family property with 2 units containing 3 bedrooms and 0 full bathrooms. 2050 W Grand Avenue is currently listed for $780,000 and was received on August 04, 2026. Want to learn more about 2050 W Grand Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

