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  • $2,495,000

    1509 N Sedgwick St, Chicago, IL 60610

    19beds
    --sqft
    : 
    Multi Family
    Built in 1874
    -- sqft lot
    $1,378,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Expansive apartmentsExceptionally large units
    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.
    3 days
    on Zillow
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    399
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    18
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    Zillow last checked: 7 hours ago

    Listing updated: July 30, 2025 at 07:36am

    Listing courtesy of:

    Tyler Weekes 708-400-0171,

    Star Realty & Management

    Source: MRED as distributed by MLS GRID,MLS#: 12427423MLS Logo
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    We'll find a local expert to take you on a private tour of 1509 N Sedgwick St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 11
    • Full bathrooms: 11
    Heating
    • Natural Gas
    Features
    • Basement: Partially Finished,Partial

    Property

    Lot
    • Size: 2,550 Square Feet
    Details
    • Parcel number: 17042000130000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Masonite
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1874
    • Major remodel year: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $990,000
    • Annual tax amount: $21,515
    • Date on market: 7/30/2025
    • Ownership: Fee Simple
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