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
$2,350,000
- 19 Beds
- 11 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tyler weekes
Office: star realty & management
MLS#:12427423
Source:MLSNI
Price summary
- Price:$2,350,000
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.
Contact an agent
Home facts
- Year built:1874
- Listing ID #:12427423
- Added:103 day(s) ago
- Updated:November 11, 2025 at 12:01 PM
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:$2,350,000
- Tax amount:$21,515 (2023)
New listings near 1509 N Sedgwick Street
- New
$349,999Active9 beds 5 baths2324 N Kostner Avenue, Chicago, IL 60639
MLS# 12515385Listed by: GOLDEN CITY REALTY, INC. - Open Wed, 11am to 1pmNew
$499,000Active8 beds 3 baths3037 W Lexington Street, Chicago, IL 60612
MLS# 12497730Listed by: MPOWER RESIDENTIAL BROKERAGE LLC - New
$474,900Active4 beds 3 baths1818 W 46th Street, Chicago, IL 60609
MLS# 12499223Listed by: REALTY OF AMERICA, LLC - New
$79,900Active2 beds 1 baths900 sq. ft.7907 S Ellis Avenue #3, Chicago, IL 60619
MLS# 12514686Listed by: HRM COMMERCIAL, LLC - New
$540,000Active4 beds 3 baths2,700 sq. ft.5400 S Hyde Park Boulevard #2C, Chicago, IL 60615
MLS# 12515300Listed by: JAMESON SOTHEBY'S INTL REALTY - New
$305,000Active2 beds 2 baths990 sq. ft.4343 N Clarendon Avenue #402, Chicago, IL 60613
MLS# 12515362Listed by: 33 REALTY - New
$274,500Active4 beds 2 baths1,600 sq. ft.11333 S Edbrooke Avenue, Chicago, IL 60628
MLS# 12510386Listed by: B & B REALTY INC - New
$260,000Active2 beds 2 baths1,000 sq. ft.Address Withheld By Seller, Chicago, IL 60640
MLS# 12509320Listed by: KELLER WILLIAMS PREFERRED RLTY - New
$25,000Active0.1 Acres11442 S Prairie Avenue, Chicago, IL 60628
MLS# 12511588Listed by: RE/MAX 10 - New
$330,000Active4 beds 2 baths1,165 sq. ft.7704 S Homan Avenue, Chicago, IL 60652
MLS# 12515318Listed by: UNITED REAL ESTATE-CHICAGO