LOT SIZE 0.170 acres
MLS#12703290
STATUSNew
PROPERTY TYPELand - Commercial
SCHOOLDistrict 299
Property Description
Premier Old Town Development & Cash-Flow Opportunity | Double or Triple Lot Package. An unmatched development canvas awaits in the heart of Old Town, one of Chicago's most coveted and historic enclaves. This rare offering features a flexible double or triple-lot footprint situated on a premier, tree-lined residential street. The package combines immediate high-yield rental income with immense ground-up development potential for a landmark residential or commercial project. The Development Footprint: Rare double or triple-lot ideal for luxury single-family homes, high-end condominiums, or commercial assets. Ready Accessibility: Features an existing curb cut, significantly simplifying site planning and construction logistics. Favorable Zoning: Versatile zoning parameters accommodate diverse architectural visions and maximize buildable square footage. The Income Generator (1455 N. Sandburg) Turnkey Asset: A beautiful, fully leased brick multi-family building anchoring the third parcel to provide immediate carrying income. Upper-Level Units: Three pristine, layout-efficient 2-bedroom, 2-bathroom apartments commanding premium neighborhood rents. Garden-Level Space: An expansive 5-bedroom, 5-bathroom footprint, currently optimized as high-end office space. A Location Without Equal Transit-Oriented: Located just steps from the Sedgwick CTA Brown Line station and express buses on LaSalle Street for effortless commuting. Gold Coast & Lake Access: Walking distance to the shores of North Avenue Beach and the vast green spaces of Lincoln Park. Lifestyle & Amenities: Minutes from the world-class dining, boutique shopping, and vibrant nightlife lining iconic Wells Street.
Property Features
Property Type: Land - Commercial
Lot Size: 0.17 Acres
Taxes: $15,952
Feature Descriptions
Current Use: Other
Frontage: 50
Frontage Type: City Street
Lot Dimensions: 50x102
Parcel#: 17042000160000
Possible Use: Commercial
Road Surface: Asphalt
Township: North Chicago
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 312-733-7201
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 12,908.61 per month $10,237.61 Principal & Interest $1,329.33 Property Tax $1,341.67 Homeowner's InsuranceChange Payment Information
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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1457-59 N Sedgwick Avenue | MLS# 12703290
This land located at 1457-59 N Sedgwick Avenue, Chicago, IL 60610 is currently listed for sale with an asking price of $4,600,000. The property has approximately 0.17 Acres. 1457-59 N Sedgwick Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.