Properties

Features
: Central Air , Zoned
Address Map
US
IL
Cook
Chicago
60614
Sedgwick
1950
Street
W88° 21' 39.2''
N41° 55' 4.8''
Armitage, South on Sedgwick to property
CHI - Lincoln Park
CHI - Lincoln Park
N
N
Additional Information
4752
: Brick
Service - 101 to 200 Amps
Service - 101 to 200 Amps
24 x 123
3
3
Condominium
4
North Clybourn Group, Inc.
Karen Biazar
Financial
31978
Listing Information
Staci Slattery
12604
North Clybourn Group, Inc.
125093
12604
MRED
Listing Information
148835
12604
North Clybourn Group, Inc.
Active
2026-11-02T16:38:04Z
2026-11-01T05:05:30Z
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.

Commercial Sale For Sale

1950 N Sedgwick Street, Chicago, Illinois 60614

$2,595,000
Listing ID#12794285
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12794285
Price : $2,595,000
Year Built : 1995
Listing Status : Active
Property Sub Type : Mixed Use
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