1455-59 N Sedgwick Street, Chicago, IL, 60610

$4,600,000

10

Beds

About 1455-59 N Sedgwick Street

Incredible Investment & Development Opportunity in the Heart of Old Town! Maximize your portfolio with this rare multi-unit property and double-lot package in one of Chicago's premier, high-demand neighborhoods. This turnkey investment features a beautifully and recently renovated, all-brick 4-flat paired with two adjacent lots, delivering immediate strong cash flow alongside massive future development potential. The Building: Fully Leased & Turn key-Condo-Quality Units: Four pristine, high-end apartments generating $16,000 in monthly rental income. Layout Distribution: Three spacious 2-bedroom, 2-bathroom units, and one expansive 5-bedroom, 5-bathroom ground-level unit (currently optimized as premium office space). Total Capacity: 11 bedrooms and 11 bathrooms across the entire building. Modern Upgrades: Complete peace of mind with newer electrical, plumbing, HVAC systems, and dedicated laundry facilities. The Land & Parking: Unmatched Added Value Double Lot Included: The purchase price includes two adjacent parcels, each measuring approximately 25' x 102'. Premium Parking Income: Currently configured as a private parking lot equipped with 12 parking spaces and 2 EV charging stations. Development Upside: Exceptional raw land footprint perfect for future expansion, a luxury single-family home, or a new multi-family development project in a historic, land-scarce location. Whether you choose to collect premium rents from the fully occupied building and parking lot, or break ground on a luxury development, this Old Town package offers an unmatched combination of stability and upside.

Additional Information: This property is located in the CHI - Near North Side neighborhood, IL. This 10 bedrooms two to four units property is priced at $4,600,000.

Facts & Features

MLS® # 12556436
Price $4,600,000
Bedrooms 10
Bathrooms 0.00
Taxes $31,646
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 1455-59 N Sedgwick Street
Area CHI - Near North Side
City Chicago
County Cook
State IL
Zip Code 60610

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick
Exterior Features Balcony, Outdoor Grill

School Information

District 299

Additional Information

Days on Market 10
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $31,646

Listing Details

OfficeCompass

Listing Map

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