1509 N Sedgwick Street, Chicago, IL 60610

Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
1509 N Sedgwick Street,Chicago, IL 60610
$2,495,000
  • 19 Beds
  • 11 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:tyler weekes
Office:star realty & management
MLS#:12427423
Source:MLSNI

Price summary

  • Price:$2,495,000

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.

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Home facts

  • Year built:1874
  • Listing Id #:12427423
  • Added:15 day(s) ago
  • Updated:August 13, 2025 at 10:47 AM

Rooms and interior

  • Bedrooms:19
  • Total bathrooms:11
  • Full bathrooms:11

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1874

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,495,000
  • Tax amount:$21,515 (2023)
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