IL > Chicago
Chicago, IL 60610,1509 N Sedgwick Street
Chicago, IL 60610,1509 N Sedgwick Street
Chicago, IL 60610,1509 N Sedgwick Street
Chicago, IL 60610,1509 N Sedgwick Street
Chicago, IL 60610,1509 N Sedgwick Street
Chicago, IL 60610,1509 N Sedgwick Street
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Serene Realty, Inc

Serene Realty, Inc

+1(312) 650-7940
Listed by Tyler Weekesof Star Realty & Management
$ 2,395,000
Est. payment | /mo

19 Beds

Save
$ 2,395,000
Est. payment | /mo
Save

19 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12427423

Bedrooms 19

Year Built 1874

Annual Tax Amount $21,515

Tax Year 2023

Lot Dimensions 2550

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Partially Finished, Partial

Interior

Heating Natural Gas

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Masonite

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) VOW
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Serene Realty, Inc

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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1509 N Sedgwick Street