1509 N Sedgwick Street, Chicago, IL 60610
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1509 N Sedgwick Street,Chicago, IL 60610
$2,495,000
- 19 Beds
- 11 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:tyler weekes
Office:star realty & management
MLS#:12427423
Source:MLSNI
Price summary
- Price:$2,495,000
About this home
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.
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Home facts
- Year built:1874
- Listing Id #:12427423
- Added:15 day(s) ago
- Updated:August 13, 2025 at 10:47 AM
Rooms and interior
- Bedrooms:19
- Total bathrooms:11
- Full bathrooms:11
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1874
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,495,000
- Tax amount:$21,515 (2023)
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