2258 S Sacramento Avenue, Chicago, IL 60623

Sqft8928

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Description

Located at the prominent corner of 23rd Street and Sacramento Avenue, this newer renovated (completion set for spring 2026) 9-unit brick apartment building offers a compelling combination of modern upgrades, strong unit mix, and long-term durability. The property encompasses approximately 8,930 square feet and includes a full basement, providing additional functional space and operational flexibility. Its corner exposure delivers excellent natural light throughout the building, enhancing tenant appeal and overall livability. The unit mix is well diversified and highly marketable, consisting of one 1-bedroom/1-bath unit, one 3-bedroom/2-bath unit, five 2-bedroom/1-bath units, two 3-bedroom/1-bath units, and one spacious 4-bedroom/2-bath unit. Each apartment has been thoughtfully updated with modern kitchens and baths, in-unit laundry, and individual HVAC systems will be installed (or credit) upon sale, aligning the property with current renter expectations and minimizing near-term capital needs. Recent capital improvements include updated electrical systems and a new roof (complete tear off in 2025), positioning the asset as a low-maintenance, stabilized investment.

  • Commercial Sale
    Property Type
  • 8928
    Sqft
  • 1911
    Year Built

Property Documents

Property Overview

  • Property ID 12578309
  • Price $1,550,000
  • Property Size 8928 Sqft
  • Land Area 0.07 Acres
  • Garage Size x x
  • Year Built 1911
  • Property Status Active
  • Property Type Commercial Sale

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