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1921 Sedgwick Street, Chicago, IL, 60614

  • - Beds
  • - Baths
  • - Sq. Ft.

$2,895,000

Year: 1894

Description

Introducing 1921 N Sedgwick Avenue - a rare, income-producing property with substantial value-add and development upside in one of Chicago's most sought-after neighborhoods. Situated at the crossroads of Lincoln Park and the Old Town Triangle, this meticulously maintained six-unit building offers a compelling combination of strong in-place cash flow and long-term appreciation potential. This location is steps away from North Avenue Beach, Lincoln Park, Lincoln Park Zoo, and Lincoln Park Conservatory as well as boutique shopping and restaurants. Each of the six units features updated bathrooms, with five boasting fully renovated kitchens equipped with quartz countertops, stainless steel appliances, and open-concept layouts. Additional high-end finishes include hardwood floors, solid core doors, and central air conditioning. The three rear units benefit from expansive private decks, offering highly desirable outdoor living space. Zoned RM-5 and sitting on an oversized 4,790 SF lot, the property also presents a unique development opportunity with the potential to construct an additional structure at the rear of the site - an offering seldom available in this premier location. With current strong rental income and the potential to unlock significant future value through development, 1921 N Sedgwick represents a generational investment opportunity in one of Chicago's most established and desirable neighborhoods.

Overview

  • - Beds
  • - Bathrooms
  • 0 Bath (Full)
  • 0 Bath (Half)
  • - Sq. Ft.
  • 0 Rooms

Other Details

  • Property Type: Multi Family 5+
  • Neighborhood: CHI - Lincoln Park
  • Year Built: 1894
  • Days On Market: 27
  • Outdoor Parking: 6-12 Spaces


HOA & Taxes

  • HOA Fee: 0.00
  • Tax annual amount: 33311.00
  • Tax year: 2023
  • Exemptions:
  • Association Fee Includes:

Location

Electric Details
  • Separate Meters
Heating & Cooling Details
  • Central Air
Exterior Features
  • Lot Size: 4790
  • Ownership:-
  • Built before: 1894
  • Age: -
  • Exterior: -

Unit Types Details

Unit 1 Details
  • UnitType: Unit 1
  • Total Rooms: 4
  • Total Beds: 1
  • Total Baths: 1
  • Total Full Baths: 1
  • Monthly Income: $2350
  • Monthly Income Max: $2600
Unit 2 Details
  • UnitType: Unit 2
  • Total Rooms: 8
  • Total Beds: 2
  • Total Baths: 2
  • Total Full Baths: 2
  • Monthly Income: $2950
  • Monthly Income Max: $2950
Unit 3 Details
  • UnitType: Unit 3
  • Total Rooms: 5
  • Total Beds: 2
  • Total Baths: 1
  • Total Full Baths: 1
  • Monthly Income: $2650
  • Monthly Income Max: $2800
Unit 4 Details
  • UnitType: Unit 4
Unit 5 Details
  • UnitType: Unit 5
Unit 6 Details
  • UnitType: Unit 6
Unit 7 Details
  • UnitType: Unit 7

Room Details

School Details

Elementary School
  • Name: -
  • District: -
Middle Or Junior School
  • Name: -
  • District: -
High School
  • Name: -
  • District: -

Contact Agent

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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Sohum Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.