29 days on rocket

Backup Offers

2309 W 50th Pl, Chicago, IL, 60609

$250,000

Home List Price

$2,969*

Closing Credit

4 Bedrooms
2 Baths
House

Location

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2309 W 50th Pl, Chicago$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1895
HeatingNatural Gas
WaterfrontFencing
MLS #12188880
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Contingent)

About 2309 W 50th Pl

Discover an incredible opportunity in the heart of the Gage Park community with this beautifully updated 2-unit building boasting remarkably low taxes. Step inside the first-floor unit to find 2 cozy bedrooms and 1 modern bath, complete with brand-new appliances that enhance your daily living experience. The second-floor unit is a standout feature of this property, offering 2 levels of spacious living. The main floor houses a generous bedroom, while an attic bedroom adds an extra layer of versatility and charm. In addition to these wonderful living spaces, this property includes a brand-new garage, providing secure parking and storage for your convenience. Whether you're an astute investor or a savvy homeowner looking to offset expenses with rental income, this property presents an ideal solution. Enjoy the benefits of dual-unit living while having the opportunity to collect rent from one of the units, helping to navigate the challenges of high rates. Don't miss your chance to own this fantastic starter home with income potential. Schedule a viewing today and take the first step towards a prosperous future in the vibrant Gage Park community.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1895

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (312) 981-5500
  • Listing Agent: Abraham Ponce

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: south on western east on 50th st south on oakley w on 50th pl

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000

Tax Information:

  • Annual Amount: $1,834
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

2309 W 50th Pl vs Chicago

29 DAYS ON ROCKET

-3 Days

$250,000

-$110.3K Less

KEY TAKEAWAY

This property is $110.3K less than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12188880

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (312) 981-5500
  • Listing Agent: Abraham Ponce

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 05, 2018Home Sold
$30,000
Nov 08, 2011Home Sold
$20,000
Sep 14, 2011Home Sold
$13,500

Tax History

YEARPROP. TAXASSESSMENT
2019$1,834$9,070
2018$1,803$9,070
2017$2,275$10,501

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-512923
6
/10

  • Shields Elementary School

  • 4250 S Rockwell St

  • 1.07 miles

  • Public District Grades PK-4

school-card-donut-512924
7
/10

  • Tonti Elementary School

  • 5815 S Homan Ave

  • 1.65 miles

  • Public District Grades PK-5

school-card-donut-512925
5
/10

  • Sandoval Elementary School

  • 5534 S Saint Louis Ave

  • 1.66 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,500. The majority of Chicago, IL residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2309 W 50th Pl

What is the listing price of this property?

The listing price of 2309 W 50th Pl property is $250,000.

What type of property is this?

The property 2309 W 50th Pl is a house located in Chicago, Illinois, 60609.

Is this property for sale now?

Accepting Backup Offers: 2309 W 50th Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,834 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 5, 2018 for $30,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2309 W 50th Pl has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 2309 W 50th Pl is 1895.

Rocket Homes›Illinois›Cook County›Chicago›60609›2309 W 50th Pl

This home is located at 2309 W 50th Pl in Chicago, IL and zip code 60609 in the Garage Park neighborhood. This home, which was built in 1895, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $250,000.

In October 2024, from all listings sold in Chicago, IL there were more than 539 sold above asking price, over 919 sold below and more than 337 were sold right at the asked price. The number of homes for sale in Chicago, IL increased by 14.5% between September 2024 and October 2024. In October 2024 median list price was $360,336 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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