1950 N Sedgwick ST, Chicago, IL 60614
1950 N Sedgwick ST, Chicago, IL 60614
1950 N Sedgwick ST, Chicago, IL 60614
1950 N Sedgwick ST, Chicago, IL 60614
1950 N Sedgwick ST, Chicago, IL 60614
1950 N Sedgwick ST, Chicago, IL 60614
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 2,595,000
Est. payment | /mo

4,752 SqFt

Save
$ 2,595,000
Est. payment | /mo
Save

4,752 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,752 sqft

Price per Sqft $546

MLS Listing ID 12794285

Year Built 1995

Annual Tax Amount $31,978

Tax Year 2025

Lot Dimensions 24 x 123

Property Sub-Type Mixed Use

Property Description

Spectacular AAA renovated 4 story mixed-use commercial/residential building offers a turnkey opportunity to acquire a high performance asset on the confluence of Old Town and south Lincoln Park, just steps from Park West, Lincoln Park Zoo, the lakefront, and the dynamic Sedgwick and Armitage corridor. This prime pocket speaks strong fundamentals, affluent demographics, and strong consistent demand. Level 1 and 2 are occupied by a credit commercial tenant founded in 1855 under a corporate-guaranteed lease with CAM pass throughs, and annual escalations thru May 2030. Level 3 and 4 offer a 3 bedroom 2 bath bathroom residential penthouse duplex with multiple roof decks, sweeping urban views leased through April 2027. Offers additional revenue or owner-occupant flexibility. The entire building has been comprehensively remodeled, with condo-quality finishes throughout and significant capital improvements, including expansive rear and rooftop decks completed in 2023. Bookended by 4 car parking and RM-5 Zoning, this property supports numerous investment objectives including but not limited to a solid buy hold, 1031 exchange, hybrid user, or future adaptive reuse. Exceptional cash flow, extraordinary location, and diverse opportunity.

Location

State IL

County Cook

Area Chi - Lincoln Park

Interior

Cooling Central Air, Zoned

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Karen Biazar of  North Clybourn Group, Inc. 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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1950 N Sedgwick ST

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