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Double-Lot Development Site
For Sale
$2,400,000

1457-59 North Sedgwick Street, Chicago, IL 60610

50x102 double lot with an existing curb cut and flexible zoning, offering a build-ready development canvas.

Property SizeContact for details
Days on Market103

Property Features for 1457-59 North Sedgwick Street

General Information

Standard status Active
Property subtype Land
Zoning MULTI

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $15,952
Listing Agency: Compass
Listed By: Mauricio Ortiz · License #475136609
Source: Compass
Added: Apr 29 Changed: Aug 8 Last Checked: May 8 at 5:55AM

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 Compass

Investment Insights

Based on property information with market context.

This double-lot parcel presents a build-ready development opportunity with a 50x102 configuration. The site offers an existing curb cut and is described as having flexible zoning, providing room to shape a commercial and/or residential concept.

Positioned in the heart of Old Town, the property is within steps of the Sedgwick Brown Line and LaSalle express buses, supporting convenient transit access. The surrounding area is also described as being near North Avenue Beach and the dining and nightlife along Wells Street, creating an environment where walkable lifestyle amenities can be a practical part of the overall tenant or buyer experience.

With the combination of double-lot scale, ready-to-develop curb access, and flexibility noted in the remarks, this site is well suited for those seeking a larger development footprint in a connected, in-demand Chicago setting.

Key Highlights

  • 50x102 double lot offers a development canvas for a commercial or residential build
  • Existing curb cut for driveway access
  • Flexible zoning reported in the listing

Property Analytics

Current Use

Commercial land

Suggested Use

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

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
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 50x102 double lot with an existing curb cut and flexible zoning, offering a build-ready development canvas.
Where is this commercial land located?
The property is located at 1457-59 North Sedgwick Street Chicago, IL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 50x102 double lot offers a development canvas for a commercial or residential build; Existing curb cut for driveway access; Flexible zoning reported in the listing
More about this property
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