Ad #7648193
MLS #12703290
Premier Old Town Development & Cash-Flow Opportunity | Double or
1457-59 N Sedgwick Ave, Chicago, Illinois, 60610
$4,600,000
0Beds
0Baths
0Sqft
0.170Acres
About this property
Premier Old Town Development & Cash-Flow Opportunity | Double or Triple Lot Package. An unmatched development canvas awaits in the heart of Old Town, one of Chicago's most coveted and historic enclaves. This rare offering features a flexible double or triple-lot footprint situated on a premier, tree-lined residential street. The package combines immediate high-yield rental income with immense ground-up development potential for a landmark residential or commercial project. The Development Footprint: Rare double or triple-lot ideal for luxury single-family homes, high-end condominiums, or commercial assets. Ready Accessibility: Features an existing curb cut, significantly simplifying site planning and construction logistics. Favorable Zoning: Versatile zoning parameters accommodate diverse architectural visions and maximize buildable square footage. The Income Generator (1455 N. Sandburg) Turnkey Asset: A beautiful, fully leased brick multi-family building anchoring the third parcel to provide immediate carrying income. Upper-Level Units: Three pristine, layout-efficient 2-bedroom, 2-bathroom apartments commanding premium neighborhood rents. Garden-Level Space: An expansive 5-bedroom, 5-bathroom footprint, currently optimized as high-end office space. A Location Without Equal Transit-Oriented: Located just steps from the Sedgwick CTA Brown Line station and express buses on LaSalle Street for effortless commuting. Gold Coast & Lake Access: Walking distance to the shores of North Avenue Beach and the vast green spaces of Lincoln Park. Lifestyle & Amenities: Minutes from the world-class dining, boutique shopping, and vibrant nightlife lining iconic Wells Street.
Property Features
0 Beds
0 Baths
0 Sqft
0.170 Acres
Lake Michigan - Cook County
$15,952 / yr property tax
Cook County
Contact Information
Mauricio Ortiz
Compass Real Estate
Location
Listing Agent: Mauricio Ortiz
Broker: Compass Real Estate 312-733-7201 Listing Site
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.
Broker: Compass Real Estate 312-733-7201 Listing Site
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.
LakeHouse.com
Printed Jul 16, 2026
Photo Gallery
$4,600,000
0
Beds
0
Baths
0
Sqft
1457-59 N Sedgwick Ave, Chicago, Illinois, 60610
By contacting this agent you agree to these Terms and Conditions.
MLS# 12703290
Premier Old Town Development & Cash-Flow Opportunity | Double or
$4,600,000
1457-59 N Sedgwick Ave, Chicago, Illinois, 60610
0
Beds
0
Baths
0
Sqft
0.170
Acres
$4,600,000
1457-59 N Sedgwick Ave, Chicago, Illinois, 60610
0 Beds
0 Baths
0 Sqft
0.170 Acres
Premier Old Town Development & Cash-Flow Opportunity | Double or Triple Lot Package. An unmatched development canvas awaits in the heart of Old Town, one of Chicago's most coveted and historic enclaves. This rare offering features a flexible double or triple-lot footprint situated on a premier, tree-lined residential street. The package combines immediate high-yield rental income with immense ground-up development potential for a landmark residential or commercial project. The Development Footprint: Rare double or triple-lot ideal for luxury single-family homes, high-end condominiums, or commercial assets. Ready Accessibility: Features an existing curb cut, significantly simplifying site planning and construction logistics. Favorable Zoning: Versatile zoning parameters accommodate diverse architectural visions and maximize buildable square footage. The Income Generator (1455 N. Sandburg) Turnkey Asset: A beautiful, fully leased brick multi-family building anchoring the third parcel to provide immediate carrying income. Upper-Level Units: Three pristine, layout-efficient 2-bedroom, 2-bathroom apartments commanding premium neighborhood rents. Garden-Level Space: An expansive 5-bedroom, 5-bathroom footprint, currently optimized as high-end office space. A Location Without Equal Transit-Oriented: Located just steps from the Sedgwick CTA Brown Line station and express buses on LaSalle Street for effortless commuting. Gold Coast & Lake Access: Walking distance to the shores of North Avenue Beach and the vast green spaces of Lincoln Park. Lifestyle & Amenities: Minutes from the world-class dining, boutique shopping, and vibrant nightlife lining iconic Wells Street.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.170 Acres
WATER & VIEW
Lake Michigan - Cook County
FINANCIAL & COMMUNITY
$15,952 / yr property tax
Cook County
See More Details
Location
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About Lake Michigan - Cook County
Looking for lakefront homes on Lake Michigan - Cook County? Find lake estate for sale here. Located in Cook County, Illinois. Discover the best lake front listings - properties, land, and acreage to build your dream lake house, cottage or cabin on. Search for an agent who specializes in lake property to help you buy or sell a home.
Ad Statistics
Ad Number
7648193
Viewed
5 times
Listing Status
Active
Added
Jul 13, 2026
Last Refresh
Jul 16, 2026 12:04:08 PM
Listing Information
Data Source
Midwest Real Estate Data, LLC
Source Property ID
12703290
Listing Agent: Mauricio Ortiz
Broker: Compass Real Estate 312-733-7201 Listing Site
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.
Broker: Compass Real Estate 312-733-7201 Listing Site
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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