1950 N Sedgwick Street
Chicago, IL, 60614
$2,595,000
Beds
0 Baths
0 SqFt
0 Acres
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$2,595,000
1950 N Sedgwick Street
Chicago, IL, 60614
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This impeccably renovated mixed-use, two-tenant commercial/residential building presents a rare opportunity to acquire a premier asset in the heart of south Lincoln Park, just steps from Park West, Lincoln Park Zoo, the lakefront, and the highly desirable Sedgwick and Armitage corridor. This coveted pocket is known for its strong retail fundamentals, affluent demographics, and consistent demand driven by walkability, transit access, and surrounding high- end residential density. The first two levels are occupied by a credit commercial tenant (Baird and Warner) under a corporate-guaranteed lease in place through May 2030, offering long-term, predictable income. The upper levels feature a fully rehabbed three- bedroom, two-bathroom residential duplex spanning the third and fourth floors, providing an additional revenue stream or owner-occupant flexibility. The entire building has been comprehensively remodeled, with high-quality finishes throughout and significant capital improvements, including expansive rear and rooftop decks completed in 2023. Four car parking in the rear enhances leasing appeal and tenant retention. This is a true turnkey investment combining durable cash flow, prime location, and modern infrastructure in one of Chicago’s most stable and sought-after submarkets.

Property Details

Price:
$2,595,000
MLS #:
MRD12525243
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilincolnpark
Listed Date:
Feb 11, 2026
Year Built:
1995
Chi – Lincoln ParkChilincolnpark

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick

Financial

Tax Year
2024
Taxes
$31
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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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Current real estate data for Commercial in Chicago as of Feb 13, 2026
965
Commercial Listed
198
Avg DOM
170
Avg $ / SqFt
$1,019,546
Avg List Price

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Property Summary

    1950 N Sedgwick Street Chicago IL is a Commercial for sale in Chicago, IL, 60614. It is listed for $2,595,000 To schedule a showing of MLS#mrd12525243 at 1950 N Sedgwick Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1950 N Sedgwick Street
Chicago, IL