ClosedPrice Reduced

$2,350,000

$2,495,000
1509 Sedgwick Street, Chicago, IL 60610
19 Beds11 Baths112 days
1509 Sedgwick Street·Chicago, IL 60610
19Bedrooms
11Bathrooms
1874Year Built
About This Home

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.

MLS# 12427423Listed July 29, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms19
Total Bathrooms11
Total Rooms41

Size & Structure

Year Built1874
Lot Size2550

Location

CountyCook
TownshipNorth Chicago
Zip Code60610

Financial

List Price$2,350,000
Original Price$2,495,000
Annual Taxes (2023)$21,515
Monthly Tax Est.$1,793
Parcel #17042000130000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedPartial
Exterior & Lot

Construction

Masonite

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$21,515
Tax Year 2023
Monthly Tax Est.
$1,793
per month
Price Reduced by $145,000
Original list price: $2,495,000
Property Location

1509 Sedgwick Street, Chicago, IL 60610Cook County

$2,350,000
1509 Sedgwick Street
19 bd11 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
112 days on market
2550
$21,515/yr taxes
Price reduced $145,000
$14,143
estimated monthly payment
Principal & Interest
$12,350/mo
Property Tax
$1,793/mo
$2,350,000
20% — $470,000
3%50%
6.875%
3%12%
Loan Amount
$1,880,000
Down Payment
$470,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Star Realty & Management
Agent: Tyler Weekes
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