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Renovated Mixed-Use Building in Lincoln Park
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1950 N Sedgwick Street, Chicago, IL 60614

Impeccably renovated mixed-use building in prime Lincoln Park location.

Property SizeContact for details
Days on Market195

Property Features for 1950 N Sedgwick Street

General Information

Standard status Active
Property subtype Mixed Use
Zoning RM-5

Building Details

Year Built 1995
Listing Agency: Baird & Warner
Listed By: Yehuda Cohen · License #IL
Source: Crexi
Added: Feb 11 Changed: Aug 14 Last Checked: Aug 14 at 6:06AM

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 Baird & Warner

Investment Insights

Based on property information with market context.

This renovated mixed-use building is located in south Lincoln Park, near Park West, Lincoln Park Zoo, the lakefront, and the Sedgwick and Armitage corridor. The property features a commercial tenant (Baird and Warner) occupying the first two levels under a corporate-guaranteed lease through May 2030. The upper levels consist of a three-bedroom, two-bathroom residential duplex spanning the third and fourth floors. The entire building has been remodeled with high-quality finishes and capital improvements, including rear and rooftop decks completed in 2023. Four-car parking is located in the rear. The property is situated in an area known for retail, affluent demographics, and demand driven by walkability, transit access, and residential density.

Key Highlights

  • Prime Lincoln Park location: Steps from Park West, Lincoln Park Zoo, the lakefront, and the Sedgwick and Armitage corridor.
  • Long‑term, predictable income: Credit commercial tenant (Baird and Warner) with corporate‑guaranteed lease through May 2030.
  • Fully renovated mixed‑use building: Combining commercial and residential income streams.

Property Analytics

Current Use

Solson Group Inc Real Estate Agency The Krish Group Chicago ... Real Estate Agency Patricia Pulido, Real ... Real Estate Agency Sam Powell, Pride ... Real Estate Agency Cristian Herrera, Dream ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Auto Parts Store Accounting Firm Big Box & Wholesale Store Daycare Center

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

Location Intelligence

Trade Area within ½ mile

4,212
Businesses Nearby

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Impeccably renovated mixed-use building in prime Lincoln Park location.
Where is this mixed-use property located?
The property is located at 1950 N Sedgwick Street Chicago, IL.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Prime Lincoln Park location: Steps from Park West, Lincoln Park Zoo, the lakefront, and the Sedgwick and Armitage corridor.; Long‑term, predictable income: Credit commercial tenant (Baird and Warner) with corporate‑guaranteed lease through May 2030.; Fully renovated mixed‑use building: Combining commercial and residential income streams.
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