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1950 N Sedgwick Street
Chicago IL 60614 US

$2,595,000

Active Listing ID 12794285
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Lot: 0.07 Acres
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Other

$2,595,000

Active Listing ID 12794285
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1950 N Sedgwick Street 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.

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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Zoned

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2595000
  • unparsedaddress: 1950 N Sedgwick Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60614
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0678
  • lotsizeunits: Acres
  • lotsizearea: 0.0678
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Karen Biazar
  • listagentemail: karen@northclybourngroup.com
  • listagentkey: 3yd-MREDIL-125093
  • listagentmlsid: 125093
  • listagentpreferredphone: (773) 252-0600
  • listagentofficephone: 7736457900
  • listofficekey: 3yd-MREDIL-12604
  • listofficemlsid: 12604
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1995
  • listingcontractdate: 2026-10-26
  • listagenturl: http://www.ncgchicago.com
  • countyorparish: Cook
  • parcelnumber: 14333070260000
  • cooling: Central Air, Zoned
  • constructionmaterials: Brick
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"North Clybourn Group, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"karen@northclybourngroup.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ca@ncgchicago.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"North Clybourn Group, Inc.", "ListBrokeragePhone":"(773) 252-0600", "ListBrokeragePostalCode":"60647", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2324 W North Ave.", "ListBrokerageWebsiteUrl":"http://www.ncgchicago.com", "ListOfficeAddress1":"2324 W North Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"12604", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"ca@ncgchicago.com", "ListOfficePostalCode":"60647", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Chicago, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-11-02 16:38:04", "Neighborhoods":[{"Description":null, "Name":"CHI - Lincoln Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":31978, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 11/2/2026 4:40:00 PM GMT
Source Updated Date: 11/5/2026 12:58:06 AM GMT

Courtesy of: Karen Biazar, North Clybourn Group, Inc., karen@northclybourngroup.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.