Seller's Agent in 2025
Maribel Selva
Coldwell Banker Realty
(773) 616-6743
1 in this area
66 Total Sales
427 E 50th St Chicago, IL 60615
Grand Boulevard Neighborhood
7
Beds
2
Baths
--
Sq Ft
1898
Built
Highlights
- Deck
- Whirlpool Bathtub
- Garden Bath
- Greystone Architecture
- Patio
- Two Heating Systems
About This Home
As of June 2025Amazing 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.
Last Agent to Sell the Property
Coldwell Banker Realty License #475147409 Listed on: 05/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,377
Year Built
- Built in 1898
Lot Details
- Fenced
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Greystone Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 2 Bathrooms
- Whirlpool Bathtub
- Garden Bath
Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Patio
Utilities
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | $630,000 | +2.4% | -- |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $615,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,377 | $52,001 | $10,763 | $41,238 |
| 2024 | $5,377 | $52,001 | $10,763 | $41,238 |
| 2023 | $5,896 | $28,718 | $10,763 | $17,955 |
| 2022 | $5,896 | $32,001 | $10,763 | $21,238 |
| 2021 | $5,782 | $31,999 | $10,762 | $21,237 |
| 2020 | $4,162 | $21,787 | $5,227 | $16,560 |
| 2019 | $4,285 | $24,759 | $5,227 | $19,532 |
| 2018 | $4,212 | $24,759 | $5,227 | $19,532 |
| 2017 | $4,378 | $23,712 | $4,305 | $19,407 |
| 2016 | $4,249 | $23,712 | $4,305 | $19,407 |
| 2015 | $3,864 | $23,712 | $4,305 | $19,407 |
| 2014 | $3,092 | $19,236 | $3,690 | $15,546 |
| 2013 | $3,020 | $19,236 | $3,690 | $15,546 |
Source: Public Records
Agents Affiliated with this Home
-
Maribel Selva
-
Julia Myers
Buyer's Agent in 2025
Julia Myers
eXp Realty
(773) 609-2594
2 in this area
37 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12351422
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