1509 N Sedgwick St., Chicago, IL 60610

1509 N Sedgwick St., Chicago, IL 60610
Photo 1 of 59
$2,495,000
Beds Baths Sq. Ft. Taxes Built
19 0.00 0 $21,515 1874
On the market: 5 days

Est. Monthly Payment:

$16,732($14,939 + $1,793 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Tyler Weekes, Star Realty & Management