This impeccably renovated mixed-use, two-tenant commercial/residential building presents a rare opportunity to acquire a premier asset in the heart of south Lincoln Park, just steps from Park West, Lincoln Park Zoo, the lakefront, and the highly desirable Sedgwick and Armitage corridor. This coveted pocket is known for its strong retail fundamentals, affluent demographics, and consistent demand driven by walkability, transit access, and surrounding high- end residential density. The first two levels are occupied by a credit commercial tenant (Baird and Warner) under a corporate-guaranteed lease in place through May 2030, offering long-term, predictable income. The upper levels feature a fully rehabbed three- bedroom, two-bathroom residential duplex spanning the third and fourth floors, providing an additional revenue stream or owner-occupant flexibility. The entire building has been comprehensively remodeled, with high-quality finishes throughout and significant capital improvements, including expansive rear and rooftop decks completed in 2023. Four car parking in the rear enhances leasing appeal and tenant retention. This is a true turnkey investment combining durable cash flow, prime location, and modern infrastructure in one of Chicago’s most stable and sought-after submarkets.
Property Details
Price:
$2,595,000
MLS #:
MRD12525243
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilincolnpark
Listed Date:
Feb 11, 2026
Year Built:
1995
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Stories
4
Financial
Tax Year
2024
Taxes
$31
Map
Community
- Address1950 N Sedgwick Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60614
Market Summary
Current real estate data for Commercial in Chicago as of May 16, 2026
899
Commercial Listed
190
Avg DOM
$1,023,221
Avg List Price
Property Summary
- 1950 N Sedgwick Street Chicago IL is a Commercial for sale in Chicago, IL, 60614. It is listed for $2,595,000
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Copyright 2026. All rights reserved.
1950 N Sedgwick Street
Chicago, IL


