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Commercial Land With Existing Building
For Sale
$4,600,000

1455-59 N Sedgwick Avenue, Chicago, IL 60610

Land, Chicago, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market41

Property Features for 1455-59 N Sedgwick Avenue

General Information

Property type Land
Property subtype Other
Zoning MULTI
Elementary school district 299
Middle school district 299
High school district 299
Directions North Avenue to Sedgwick, south on Sedgwick to 1457.
Subdivision CHI - Near North Side
Standard status Active
APN 17042000160000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 15952
Listing Agency: Compass
Listed By: Mauricio Ortiz · License #475136609
Added: Jul 13 Changed: Aug 20 Last Checked: Aug 22 at 12:06AM
MLS# 12703290

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.17-acre commercial land offering includes a brick multifamily building at 1455-59 N. Sedgwick Avenue. The existing improvement contains three upper-level apartments, each configured with 2 bedrooms and 2 bathrooms, along with a garden-level area arranged as 5-bedroom, 5-bathroom office space. The building is fully leased, providing an existing income component within the property.

The site includes a curb cut and is positioned near the Sedgwick CTA Brown Line station, with express bus service on LaSalle Street. North Avenue Beach and Lincoln Park are within walking distance, while Wells Street dining, shopping, and nightlife are minutes away. Zoning is designated MULTI.

Key Highlights

  • 0.17‑acre commercial land parcel with existing brick multifamily building
  • MULTI zoning supports the property's multifamily land‑use designation
  • Existing building includes three 2‑bedroom, 2‑bathroom apartments

Property Analytics

Current Use

Commercial land

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5,148
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

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - A 0.17-acre MULTI-zoned site combines development land with an occupied brick multifamily improvement and existing curb cut.
Where is this commercial land located?
The property is located at 1455-59 N Sedgwick Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 0.17‑acre commercial land parcel with existing brick multifamily building; MULTI zoning supports the property's multifamily land‑use designation; Existing building includes three 2‑bedroom, 2‑bathroom apartments
More about this property
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