731 E 50th St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.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.
  1. Listed by Nicholas Mulligan • Baird & Warner
    P: (708)-699-9161 C: (708)-699-9161 nickmulligan@comcast.net

Property Details for 731 East 50th Street

Area
CHI - Grand Boulevard
Zoning
MULTI
LISTING UPDATED: 06/11/2026 02:05 PM

Property Details for 731 East 50th Street

StatusPrice Change
MLS #12554398
Days on Market40
Taxes$16,132 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1898
Lot Size0.15 AC / 6,742 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 731 East 50th Street

Stories3Residences6Year Built1898Building Size-Lot Size0.15 AC / 6,742 SF

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Property Information for 731 East 50th Street

General Information
Addtl Parking Information
  • Outdoor Parking: Parking On-Site
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Central Bldg Heat,Central Heat/Indiv Controls,Gas,Hot Water
  • # Of Refrigerators: 6
  • Num of Baths: 6.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 52.8 x 127.7
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-05-05T16:13:17
  • Photos Count: 17
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $425.00
  • Fuel Expense: $4,900.00
  • Gross Income: $83,400.00
  • Gross Scheduled Income: $83,400.00
  • Insurance Expense: $2,800.00
  • Maintenance Expense: $2,500.00
  • Janitor Expense: 4000
  • Total Monthly Income: 6950
  • Net Operating Income: $54,900.00
  • Operating Expense: $26,300.00
  • Other Expense: $1,000.00
  • Trash Expense: $3,380.00
  • Water Sewer Expense: $785.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 5
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 731 East 50th Street

DateEvent & SourcePriceAppreciation
Jun 11, 2026

Price Change

MRED #12554398

$699,000
May 5, 2026

Listed (Active)

MRED #12554398

$725,000
DateEvent & SourcePrice
06/11/2026

Price Change

MRED #12554398

$699,000
05/05/2026

Listed (Active)

MRED #12554398

$725,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 731 East 50th Street

Taxable ValueLand$23,671Additions$56,330Total$80,001
Tax Record2023$11,854 ($988 / month)
Home Facts
Baths6Total Finished SqFt8,526 SqFtAbove Grade Finished SqFt8,526 SqFtStories3Lot Size6,763 SqFtStyleMulti-Family Res (5+ Units)Year Built1898CountyCOOKAPN20-10-226-020

Schools near 731 East 50th Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - PK to 5
Public - PK to 8
Rating
School
Distance
Reavis Elementary Math & Sci Spec School
PublicPK to 8

Walter Henri Dyett HS for Arts
Public9 to 12

Ariel Elementary Community Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

731 East 50th Street is a multi-family home for sale in Chicago, IL 60615. This property was listed for sale on May 5, 2026 by Baird & Warner, it's currently listed at $699,000. This listing's school district is Chicago Public Schools. Nearby schools include Reavis Elementary Math & Sci Spec School, Walter Henri Dyett HS for Arts and UChicago Charter - North Kenwood Oakland Campus. 731 East 50th Street is a 17-bed, 6-bath, multi-family home built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/11/2026 02:05 PM. 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.