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$725,000
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Property Description
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.
Full Property Details
Full Property Details for 731 E 50th St
General
- Price: $725,000
- HOA FEE: $2,500
- Taxes: $16,132 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12554398
- Updated: 5/11/2026
- Added to Site: 10 day(s) ago
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: Cottage Grove to 50th Street, West
Heating & Cooling
- Heating Type: Central Building Heat, Central Heat/Individual Controls, Gas, Hot Water
Utilities
- Trash: 3380
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Year Built: 1898
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Dimensions: 52.8 x 127.7
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $2,500
- Insurance Fee: $2,800
- Operating Expenses: $26,300
- Other Fee: $1,000
- Assessment Year: 1898
- Tax Amount: $16,132
- Tax Year: 2024
- Pays Electric: 425
- Pays Trash: 3380
Disclosures and Reports
- Property ID: 20102260200000
Listed by Baird & Warner
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Schools
Schools serving 731 E 50th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Reavis Elementary Math & Sci Spec School 834 East 50th Street, Chicago, IL 60615 | PK-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 731 E 50th St
Date
Details
Price
Change
Source
5/05/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 731 E 50th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,854
—
$80,001
43%
2023
$11,854
3%
$55,999
—
2022
$11,554
2%
$55,999
—
2021
$11,294
48%
$55,999
64%
2020
$7,629
-2%
$34,247
-12%
2019
$7,819
2%
$38,917
—
2018
$7,687
12%
$38,917
22%
2017
$6,874
7%
$31,933
—
2016
$6,396
9%
$31,933
—
2015
$5,852
10%
$31,933
12%
2014
$5,308
2%
$28,610
—
2013
$5,203
1%
$28,610
—
2012
$5,134
—
$28,610
—
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 731 E 50th St
731 E 50th Street, Chicago, IL 60615 (MLS# 12554398) is a Commercial property. 731 E 50th Street is currently listed for $725,000 and was received on May 05, 2026. Want to learn more about 731 E 50th Street? Do you have questions about finding other Commercial real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.

