Price Reduction - New Construction
Address
932 E 50th Street, Chicago, IL
Price
$ 455,000
Property Attributes
  • MLS#12018184
  • TypeLand
  • CountyCOOK
  • CityChicago
  • AreaCHI - Kenwood
  • NeighborhoodKenwood
  • Zip60615
  • StyleCondominium,Development,Estate,Multi-Family,Single
  • Taxes$ 23393
  • Price$ 455,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.44 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Nestled in the Kenwood and bordering historic Hyde Park, this exceptional vacant land offering presents a unique opportunity for discerning developers and investors. Spanning a generous plot, this property is zoned with the potential to accommodate the construction of two luxury single-family homes, each promising to be a beacon of modern living and sophisticated design. This land is perfectly situated amidst a vibrant landscape of both meticulously rehabbed historic residences and sleek new constructions, reflecting the area's rich blend of tradition and contemporary appeal. Hyde Park, known for its cultural significance and architectural beauty, offers an unmatched setting for potential homeowners looking to be part of a storied community while enjoying the luxuries of modern living. The property itself is a canvas awaiting the visionary touch of its next owner. With ample space for innovative design, each home can be tailored to feature state-of-the-art amenities, expansive living areas, and private outdoor retreats, all while maintaining the integrity and charm that Hyde Park is renowned for. Opportunities like this, to create something truly remarkable in such a sought-after location, come once in a lifetime. Whether you're looking to make your mark on Hyde Park's architectural landscape or to offer future homeowners a chance to be part of something special, this land holds the key to a myriad of possibilities. Surrounded by the community's commitment to excellence and growth, this property is not just a piece of land but a foundation for a legacy in one of the city's most historic neighborhoods. .44 Acre lot. 19,000+ sq ft. 283.5 x 67.5 lot with alley access on east and north ends of lot. No warranty(s) or survey. Sold AS IS

Price History
4/2/2024 Listed $599,000
5/17/2024 25% - $455,000

General Features

Utilities Electric to Site,Gas to Site,Septic-Private,Water-Municipal,Water to Site,Cable Available
Possession Closing
Township Hyde Park
Tax Year 2021
Current Use Condominium,Development,Estate,Multi-Family,Single Family
Percent Ownership Fee Simple
County Cook
Property Type Land
Status Active
Directions LSD to 51st (Hyde Park Blvd) exit. West to Drexel. North to 50th,East to address.
City Chicago
High School District 299
MLS Area CHI - Kenwood
Waterfront Y/N No
Street Name 50th
Tax Annual Amount 23393
Days on Market 52
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Land

Interior Features

Street Suffix Street
Laundry Features Gas Dryer Hookup,Laundry Chute,Laundry Closet,Multiple Locations,Sink
Basement Cellar

Exterior Features

Lot Dimensions 67.5 X 283.5
Lot Size Acres 0.44
Road Surface Type Concrete
Frontage Length 68
Frontage Type City Street,Frontage Road,Public Road,Alley Access,Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60615

Price
AVG $290K
$460K
Taxes
AVG $7,152
$23,393
Visits
AVG 122
51
Data Provided by Inside Real Estate®

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