427 E 50th St Chicago, IL 60615

Amazing Bronzeville/Washington Park Court Greystone 2 flat with a 4 bedroom apartment and a 3 bedroom apartment. Vintage with all of today's modern amenities - central air, newer plumbing, electrical, windows, HVAC system, roof, tuckpointing, decking system, formal dining rooms, gorgeous original woodwork and so much more! An incredible chance to acquire a piece of Chicago's rich history and promising future! This stunning 2-story Greystone, built in 1898 from Bedford Limestone sourced from nearby quarries in Indiana, is located at the entrance of the picturesque historic Washington Park Court. The roof has been recently resurfaced, and the back porch has been completely rebuilt, complemented by a detached patio and bar area perfect for outdoor gatherings and summer fun! This well-maintained home features numerous modern updates while preserving many of its original dynamic characteristics, including beautifully preserved hardwood floors throughout both levels. The property also includes a brick 2-car garage and a full unfinished basement that spans the entire building, with a walkout leading to the well appointed patio. Acquiring this property presents an immediate opportunity to transform your investment into a profitable venture, with potential earnings from Airbnb or an elevated rental or a possible 3rd apartment in the lower level. Additionally, you could restore this multi-family residence back to its original Grand Boulevard single-family home status through a comprehensive renovation, creating significant generational equity for you and your family, Especially with the influx of synergy from upcoming developments like the new Northwestern Medicine Bronzeville outpatient center set to open in fall 2025 and The Obama Presidential Center scheduled for spring 2026! Furthermore, this home's prime location offers convenient access to various attractions: trendy Hyde Park, 7 minutes from the Chicago White Sox, 9 minutes from the Griffin Museum of Science and Industry, 3 minutes from XS Tennis and Education Foundation, 4 minutes from the University of Chicago, IIT, 10 minutes to Chicago's scenic Lakefront, and only 25 minutes from the vibrant Magnificent Mile in downtown Chicago! Schedule your private tour today and start imagining your serene dream home in the heart of Chicago! Showings only by appointment.