Active
  • Price cut: $45K (10/14)
    $2,350,000

    1509 N Sedgwick St, Chicago, IL 60610

    19beds
    --sqft
    : 
    Multi Family
    Built in 1874
    -- sqft lot
    $2,245,000 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.
    83 days
    |
    1,020
    |
    40
    |
    • Loading
    • Loading