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  • $2,250,000

    1509 N Sedgwick St, Chicago, IL 60610

    19beds
    --sqft
    Multi Family
    Built in 1874
    -- sqft lot
    $2,323,700 Zestimate®
    $--/sqft
    $2,764 Estimated rent

    Home value

    $2,323,700

    $2.09M - $2.58M

    $2,764/mo

    Zestimate® history
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    What's special

    Expansive apartmentsExceptionally large units
    Incredible investment opportunity in the heart of Old Town, just steps from the vibrant bars, restaurants, and shops of Wells Street. This oversized 3-flat spans over 7,000 square feet across five levels, offering exceptionally large units and tremendous income potential. The property features three expansive apartments: an 8-bedroom, 7-bedroom, and 4-bedroom unit-perfect for an Airbnb operator or savvy investor. Currently, two units are leased as long-term rentals, while the 8-bedroom unit operates as a highly successful short-term rental, generating nearly $180K in annual gross revenue. Fully gut-renovated in 2018 with all new systems, finishes, and mechanicals, this turnkey building requires no updates and is ready for continued operation. Whether you're looking to maximize income through short-term rentals or secure long-term tenants, this property offers unmatched flexibility and cash flow in one of Chicago's most desirable neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Weekes 708-400-0171,

    Star Realty & Management

    Bought with:

    Tyler Weekes

    Star Realty & Management

    Source: MRED as distributed by MLS GRID,MLS#: 12427423MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 11
    • Full bathrooms: 11
    Heating
    • Natural Gas
    Features
    • Basement: Partially Finished,Partial

    Property

    Lot
    • Size: 2,550 Square Feet
    Details
    • Parcel number: 17042000130000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Masonite
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1874
    • Major remodel year: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $1,170,000
    • Annual tax amount: $21,515
    • Date on market: 7/30/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/10/2026Sold$2,250,000-4.3%
    Source: MRED as distributed by MLS GRID #12427423 Report a problem
    11/17/2025Pending sale$2,350,000
    Source: MRED as distributed by MLS GRID #12427423 Report a problem
    10/14/2025Price change$2,350,000-1.9%
    Source: MRED as distributed by MLS GRID #12427423 Report a problem
    9/16/2025Price change$2,395,000-4%
    Source: MRED as distributed by MLS GRID #12427423 Report a problem
    7/30/2025Listed for sale$2,495,000+126.8%
    Source: MRED as distributed by MLS GRID #12427423 Report a problem
    2/24/2021Listing removed--
    Source: Owner Report a problem
    4/19/2020Listing removed$1,555
    Source: Owner Report a problem
    4/18/2020Listed for rent$1,555-17.9%
    Source: Owner Report a problem
    10/3/2018Listing removed$1,895
    Source: Coldwell Banker Rental Division-Tyler Weekes Report a problem
    9/14/2018Price change$1,895-24.2%
    Source: Coldwell Banker Rental Division-Tyler Weekes Report a problem
    8/17/2018Price change$2,500-3.8%
    Source: Coldwell Banker Rental Division-Tyler Weekes Report a problem
    8/7/2018Price change$2,600-3.7%
    Source: Coldwell Banker Rental Division-Tyler Weekes Report a problem
    7/10/2018Sold$1,100,000
    Source: Public Record Report a problem
    7/6/2018Listed for rent$2,700-25%
    Source: Coldwell Banker Rental Division-Tyler Weekes Report a problem
    12/27/2017Listing removed$3,600
    Source: Chicago Rental Report a problem
    9/29/2017Price change$3,600+12.5%
    Source: Chicago Rental Report a problem
    9/6/2017Listed for rent$3,200
    Source: Chicago Rental Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$23,506 +12.5%$117,000 +18.2%
    2023$20,888 +2.6%$99,000
    2022$20,363 +2.3%$99,000
    2021$19,908 -8.4%$99,000 +1.5%
    2020$21,735 +2%$97,569 -8%
    2019$21,308 +1.7%$106,054
    2018$20,949 +3.8%$106,054 +13.1%
    2017$20,191 +7.5%$93,795
    2016$18,786 +7.9%$93,795 -1.3%
    2015$17,419 +17.3%$95,056 +18.8%
    2014$14,846 +2%$80,016
    2013$14,553 +1.4%$80,016
    2012$14,359 +7.6%$80,016 -2.8%
    2011$13,340 -0.4%$82,321
    2010$13,396 +4.4%$82,321
    2009$12,837 +18.2%$82,321 +8.7%
    2008$10,864 +1%$75,733
    2007$10,756 -1.1%$75,733
    2006$10,872 -1.3%$75,733 +12.4%
    2005$11,011 +1%$67,388
    2004$10,900 +2.2%$67,388
    2003$10,663 +30.3%$67,388 +47.9%
    2002$8,186 +3.8%$45,563
    2001$7,890 +30.3%$45,563
    2000$6,055 +0%$45,563 +44.5%
    1999$6,055 $31,521
    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,323,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,323,700