2258 S Sacramento Ave - Multi-Family FOR SALE


Chicago, IL 60623- Little Village
$1,550,000 USD
630-640-1001
2258 S Sacramento Ave, Chicago, IL for Sale
$1,550,000 USD
Multi-Family - FOR SALE
1/5
null | Request Cap Rate

2258 S Sacramento Ave
Chicago, IL 60623
Little Village


HIGHLIGHTS

  • Newer Renovation (2025-2026)
  • Corner Location In-Unit Laundry
  • Large Units | Full Basement | Abundant Natural Light
  • Low Expense Building
  • Short Walk To CTA Pink Line
  • 1 Block To Cermak Retail District | 3 Blocks to 26th Street Retail District

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

9

PRICE/UNIT

$172,222

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1911

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,144 SF

ZONING

RT-4

APN/PARCEL ID

16-25-103-046-0000

ASK ABOUT THIS PROPERTY

Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

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Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.