Chicago, IL 60614 1921 N Sedgwick Street
$2,895,000



53 more






















































Presented By: Compass
Home Details
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.
Presented By: Compass
General for 1921 N Sedgwick Street
Additional Parcels Y/NYes
Cap Rate5.2
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
DirectionsFrom North Ave, go north on Sedgwick
ElectricSeparate Meters
Electric Expense667
Fuel Expense1475
Gross Income208200
Insurance Expense5194
Lot Size Square Feet4790
MLS AreaCHI - Lincoln Park
MaintenanceExpense9993
ModificationTimestamp2025-06-09T01:57:01.630Z
Net Operating Income149832
Number Of Units Total6
Operating Expense58368
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount33311
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
Trash Expense2361
Water Sewer Expense1217
Year Built1894
Exterior for 1921 N Sedgwick Street
Lot Dimensions4790
Additional Details
Price History
