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29698700
29698701

1950 N Sedgwick Street, Chicago, IL 60614

Baird & Warner
Listed by Baird & Warner
$2,595,000
115 days on market
Updated 27 days ago

1950 N Sedgwick Street

Details
APN 14333070260000
Property Type Mixed Use
Sub Type Mixed Use
Units 2
Year Built 1995
Stories 4
Lot Size (SqFt) 2,952

Mixed Use

Marketing description

This impeccably renovated mixed-use, two-tenant commercial/residential building presents a rare opportunity to acquire a premier asset in the heart of south Lincoln Park, just steps from Park West, Lincoln Park Zoo, the lakefront, and the highly desirable Sedgwick and Armitage corridor. This coveted pocket is known for its strong retail fundamentals, affluent demographics, and consistent demand driven by walkability, transit access, and surrounding high- end residential density. The first two levels are occupied by a credit commercial tenant (Baird and Warner) under a corporate-guaranteed lease in place through May 2030, offering long-term, predictable income. The upper levels feature a fully rehabbed three- bedroom, two-bathroom residential duplex spanning the third and fourth floors, providing an additional revenue stream or owner-occupant flexibility. The entire building has been comprehensively remodeled, with high-quality finishes throughout and significant capital improvements, including expansive rear and rooftop decks completed in 2023. Four car parking in the rear enhances leasing appeal and tenant retention. This is a true turnkey investment combining durable cash flow, prime location, and modern infrastructure in one of Chicago's most stable and sought-after submarkets.
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Baird & Warner
Listed by Baird & Warner

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