2258 S Sacramento Avenue
Chicago, IL, 60623
$1,550,000
13 Beds
7 Baths
0 SqFt
0.07 Acres
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$1,550,000
2258 S Sacramento Avenue
Chicago, IL, 60623
MLS #MRD12578309 image #0
Located at the prominent corner of 23rd Street and Sacramento Avenue, this newer renovated (completion set for spring 2026) 9-unit brick apartment building offers a compelling combination of modern upgrades, strong unit mix, and long-term durability. The property encompasses approximately 8,930 square feet and includes a full basement, providing additional functional space and operational flexibility. Its corner exposure delivers excellent natural light throughout the building, enhancing tenant appeal and overall livability. The unit mix is well diversified and highly marketable, consisting of one 1-bedroom/1-bath unit, one 3-bedroom/2-bath unit, five 2-bedroom/1-bath units, two 3-bedroom/1-bath units, and one spacious 4-bedroom/2-bath unit. Each apartment has been thoughtfully updated with modern kitchens and baths, in-unit laundry, and individual HVAC systems will be installed (or credit) upon sale, aligning the property with current renter expectations and minimizing near-term capital needs. Recent capital improvements include updated electrical systems and a new roof (complete tear off in 2025), positioning the asset as a low-maintenance, stabilized investment.

Property Details

Price:
$1,550,000
MLS #:
MRD12578309
Status:
Active
Beds:
13
Baths:
7
Type:
Commercial
Neighborhood:
chisouthlawndale
Listed Date:
Feb 26, 2026
Total Sq Ft:
8,928
Lot Size:
3,150 sqft / 0.07 acres (approx)
Year Built:
1911
Chi – South LawndaleChisouthlawndale

Schools

Interior

Cooling
Central Air, Central Individual

Exterior

Construction Materials
Brick
Roof
Composition

Financial

Net Operating Income
$134,055
Tax Year
2024
Taxes
$13,963
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Current real estate data for Commercial in Chicago as of Feb 27, 2026
941
Commercial Listed
200
Avg DOM
189
Avg $ / SqFt
$1,014,499
Avg List Price

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Property Summary

    2258 S Sacramento Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $1,550,000 To schedule a showing of MLS#mrd12578309 at 2258 S Sacramento Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2258 S Sacramento Avenue
Chicago, IL