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Two-Parcel Development Land
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1423 N Sedgwick St, Chicago, IL 60610

Two land lots in Old Town, zoned B2-5, positioned for a multi-story mixed-use development concept.

Property SizeContact for details
Days on Market121

Property Features for 1423 N Sedgwick St

General Information

Standard status Active
Property subtype Land
Zoning B2-5

Additional Details

Highway Access Yes
Listing Agency: SVN | Chicago Commercial
Listed By: James Mead · License #IL 471012893
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

SVN Chicago Commercial presents two (2) land lots located at 1423–1425 N. Sedgwick Street. The offering contemplates development of a masonry, six (6) story building with approximately 25,000 square feet and 23 multifamily dwelling units, along with 1 retail tenant space on the ground floor. The concept also includes front balconies and elevators, with unit sizes described as ranging from 950 to 1,000 square feet.

The parcels are in Old Town on Chicago’s near north side in Cook County. The public remarks indicate walking distance to CTA bus, train, and “L” lines, with access to major routes including I-90 and I-41 within miles.

Zoning is identified as B2-5, supporting residential and retail use within the proposed mixed-use framework described in the remarks.

Key Highlights

  • Two land lots at 1423–1425 N. Sedgwick Street in Old Town, Chicago (near North Side, Cook County)
  • B2‑5 zoning for a multi‑story mixed‑use development concept
  • Proposed development: approximately 25,000 SF, six (6) story masonry building

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Daycare Center Auto Parts Store Nursing Home Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,224
Businesses Nearby

Demographics for 60610, IL

43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two land lots in Old Town, zoned B2-5, positioned for a multi-story mixed-use development concept.
Where is this commercial land located?
The property is located at 1423 N Sedgwick St Chicago, IL.
What are key features of this property?
This property features: Two land lots at 1423–1425 N. Sedgwick Street in Old Town, Chicago (near North Side, Cook County); B2‑5 zoning for a multi‑story mixed‑use development concept; Proposed development: approximately 25,000 SF, six (6) story masonry building
(708) 289-0297 Call to check price and availability
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