IL
Cook
Chicago
60610
1509 N Sedgwick Street
1509 N Sedgwick Street, Chicago, IL 60610
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Listing Type
Multi Family
Listing Status
active
59
$2,395,000

Home Details for 1509 N Sedgwick Street

Price
$2,395,000
Type
Residential Income
Bedrooms
19
Bathrooms
11.0
Square feet
NaN
Year built
1874
County
Cook
Total rooms
41
Garage
Basement
Partially Finished, Partial
Days on site
48
MLS Listing#
12427423
Property Description

Incredible investment opportunity in the heart of Old Town, just steps from the vibrant bars, restaurants, and shops of Wells Street. This oversized 3-flat spans over 7,000 square feet across five levels, offering exceptionally large units and tremendous income potential. The property features three expansive apartments: an 8-bedroom, 7-bedroom, and 4-bedroom unit-perfect for an Airbnb operator or savvy investor. Currently, two units are leased as long-term rentals, while the 8-bedroom unit operates as a highly successful short-term rental, generating nearly $180K in annual gross revenue. Fully gut-renovated in 2018 with all new systems, finishes, and mechanicals, this turnkey building requires no updates and is ready for continued operation. Whether you're looking to maximize income through short-term rentals or secure long-term tenants, this property offers unmatched flexibility and cash flow in one of Chicago's most desirable neighborhoods.

Property Features
  • Basement
    • Partially Finished
    • Partial
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
Listing Courtesy: Star Realty & Management - 312-371-2564
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-15 19:15:38. 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.
Last Updated: 2025-09-15 19:15:38
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EXIT STRATEGY REALTY
2935 N. Clark St., Chicago, IL 60657
Office
312 554 5478
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