2258 S Sacramento Avenue Chicago, IL $ 1,550,000
2258 S Sacramento Avenue
$ 1,550,000
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2258 S Sacramento Avenue

Chicago, IL, 60623
$ 1,550,000
Bedrooms13 Baths0.0 Sq 8,928

Monthly Estimate*

$ 9,544

2258 S Sacramento Avenue, Chicago, IL 60623 - Image 1
2258 S Sacramento Avenue, Chicago, IL 60623 - Image 2
2258 S Sacramento Avenue, Chicago, IL 60623 - Image 3
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2258 S Sacramento Avenue, Chicago, IL 60623 - Image 6
2258 S Sacramento Avenue, Chicago, IL 60623 - Image 7

Multi-Family Home for sale in Chicago, IL

for $1,550,000 with 13 bedrooms. This 8,928 square foot home was built in 1911 on a lot size of 0.07.

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.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

13

Property Type

Multi-Family

Taxes

$ 13,963

Style

Lot Size

0.07

Year Built

1911

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12578309

Features
General
Cooling Central Air Central Individual
Roof Composition
Zoning MULTI
Construction Materials Brick
Year Built 1911
Electric Circuit Breakers Service - 201 to 600 Amps
Stories Count 3
Township West Chicago
Tax Year 2024
Gross Income 175740
County Cook
Net Operating Income 134055
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions Cermak & Marshall Blvd - South to 23rd St West 1 block to 2258 on the Corner of 23rd & Sacramento.
City Chicago
Number Of Units Total 9
MLS Area CHI - South Lawndale
Lot Size Square Feet 3150
Tax Annual Amount 13963.03
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Cap Rate 8.65
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Exterior
Building Area Total 8928
Lot Dimensions 25X126
Lot Size Acres 0.07
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* Excluded Features
List By
Sperry Van Ness

Broker

angelo.labriola@svn.com

Email

Affordability Calculator

$10,707
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$1,164
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2026$1,550,000 Listed Price

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2258 S Sacramento Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $1,550,000 with 8,928 sqft and a lot size of 0.07. 2258 S Sacramento Avenue has 13 bedrooms, 0.0 baths, and was built in 1911. The property's zip code is 60623 which is in Chicago, IL