Log In/Sign Up
Your email has been sent.
2258 S Sacramento Ave 9 Unit Apartment Building Offered at $1,550,000 Chicago, IL 60623
Investment Highlights
- Newer Renovation (2025-2026)
- Large Units | Full Basement | Abundant Natural Light
- Short Walk To CTA Pink Line
- Corner Location In-Unit Laundry
- Low Expense Building
- 1 Block To Cermak Retail District | 3 Blocks to 26th Street Retail District
Executive Summary
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
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
Property Facts
| Price | $1,550,000 | Apartment Style | Low-Rise |
| Price Per Unit | $172,222 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 8,928 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1911/2025 |
| Zoning | RT-4 | ||
| Price | $1,550,000 |
| Price Per Unit | $172,222 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.07 AC |
| Building Size | 8,928 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1911/2025 |
| Zoning | RT-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 3+2 | 1 | - | - |
| 2+1 | 5 | - | - |
| 3+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (85)
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2258 S Sacramento Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.