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$2,495,000
1 Day On Site

1509 N Sedgwick Street
Chicago, IL 60610

For Sale|Multi Family|Active
19
Beds
11
Total Baths
1874
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Star Realty & Management
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708-990-2762
1509 N Sedgwick Street1509 N Sedgwick Street1509 N Sedgwick Street1509 N Sedgwick Street
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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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Listing Snapshot
Price 
$2,495,000
Days On Site 
1 Day
Bedrooms 
19
Inside Area (SqFt) 
N/A
Total Baths 
11
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1874
MLS® Number 
12427423
Status 
Active
Property Tax 
$21,515
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Foundation 
Concrete Perimeter
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
MULTI
Interior Features
Basement 
Partially FinishedPartial
Heating 
Natural Gas
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Exterior Features
Construction Details 
Masonite
Community Features
MLS Area 
CHI - Near North Side
School District 
299
Township 
North Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Star Realty & Management



Based on information submitted to the MLS GRID as of 2025-07-31 06:38 PM UTC. 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 checked: 2025-07-31 06:38 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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