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1435 Sedgwick Street

Prime retail storefront in the heart of Old Town featuring 1,600 Sq Ft on the ground level. Also includes approximately 700 Sq Ft of basement storage space. Located within a residential condo building on a high traffic street, just south of North Avenue. Currently leased to a Mini Mart for $3,010/month with yearly increases (lease through 5/31/2022 with one 5-year renewal option). Great investment opportunity with 6% cap rate. Owner's expenses include property taxes, 1/3 of the building insurance, 1/3 of the building electric, and 1/3 of building water and sewer. High-density residential area with heavy foot traffic, directly across from Marshall Field Garden Apartments which houses 628 apartments. Steps away from schools like Catherine Cook School and Franklin Fine Arts Center. Near the famous comedy clubs, Second City & Zanies, along with numerous bars/restaurants. Walking distance from multiple CTA bus stops and the Sedgwick brown & purple "L" train stops.

Essential Information

  • MLS® #10327020
  • Price$349,888
  • Square Footage1,600
  • Acres0.00
  • Year Built1886
  • TypeCommercial
  • Sub-TypeRetail/Stores
  • StatusActive

Community Information

  • Address1435 Sedgwick Street
  • AreaCHI - Near North Side
  • CityCHICAGO
  • CountyCook
  • StateIL
  • Zip Code60610

Interior

  • HeatingForced Air
  • CoolingCentral Air
  • Stories1

Additional Information

  • Days on Website173
  • ZoningRTAIL
  • Taxes$12,088

Listing Details

  • OfficeCompass
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Price Change History for 1435 Sedgwick Street, CHICAGO, IL (MLS® #10327020)

Date Details Price Change
Active
Price Change
Price Reduced (from $369,888) $349,888 $20,000 (5.41%)
Active (from New)

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than @Properties are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on September 21st, 2019 at 1:06pm CDT.