1921 N Sedgwick Street
Chicago, IL, 60614
$2,895,000
Beds
0 Baths
0 SqFt
0 Acres
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$2,895,000
1921 N Sedgwick Street
Chicago, IL, 60614
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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. 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.

Property Details

Price:
$2,895,000
MLS #:
MRD12353985
Status:
Active
Beds:
0
Baths:
0
Address:
1921 N Sedgwick Street
Type:
Commercial
Neighborhood:
CHI – Lincoln Park
City:
Chicago
Listed Date:
May 14, 2025
State:
IL
ZIP:
60614
Year Built:
1894

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$142,032
Tax Year
2023
Taxes
$33,311
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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1921 N Sedgwick Street
Chicago, IL