Mixed-Use Building with Rooftop
New
For Sale
$2,595,000
1950 N Sedgwick Street, Chicago, IL 60614
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market2
Property Features for 1950 N Sedgwick Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Armitage, South on Sedgwick to property
Subdivision
CHI - Lincoln Park
Standard status
Active
APN
14333070260000
Lot size
0.07 Acres
Additional Details
Tenant in Place
Yes
Property Use
Mixed-Use
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
31978
Utilities
Cooling system
Central Air, Zoned
Amenities
rear decks
rooftop decks
Building Details
Year built
1995
Floors in Building
4
Number of units
3
Building materials
Brick
Buildings
1
Listing Agency:
North Clybourn Group, Inc.
Listed By:
Karen Biazar
(773) 252-0600
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 9:06PM
MLS# 12794285
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.
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Investment Insights
Based on property information with market context.
This four-story brick mixed-use building at 1950 N Sedgwick Street contains commercial space on levels one and two, plus a three-bedroom, two-bath residential duplex on levels three and four. The building was constructed in 1995 and remodeled with condo-quality finishes. Rear and rooftop decks were completed in 2023, and the property includes four-car parking.
The commercial space is occupied under a corporate-guaranteed lease with annual escalations through May 2030 and CAM pass-throughs. The residential duplex is leased through April 2027. The 0.0678-acre property is zoned RM-5.
The commercial space is occupied under a corporate-guaranteed lease with annual escalations through May 2030 and CAM pass-throughs. The residential duplex is leased through April 2027. The 0.0678-acre property is zoned RM-5.
Key Highlights
- Four‑story brick mixed‑use building constructed in 1995
- Commercial tenant occupies levels one and two under a corporate‑guaranteed lease through May 2030, with annual escalations and CAM pass‑throughs
- Three‑bedroom, two‑bath residential duplex on levels three and four, leased through April 2027
Property Analytics
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Current Use
Lease Details
1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,212
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two commercial floors sit beneath a leased residential duplex, with four-car parking and rear and rooftop deck improvements.
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: Four‑story brick mixed‑use building constructed in 1995; Commercial tenant occupies levels one and two under a corporate‑guaranteed lease through May 2030, with annual escalations and CAM pass‑throughs; Three‑bedroom, two‑bath residential duplex on levels three and four, leased through April 2027
