1959 W Cortland Street, Chicago, IL 60622 - Photo 1

1/1

$1,950,000

Sold
Closed
Commercial
7,000 Sq. Ft.

1/1

Property Description

A great investment property in the heart of the Bucktown neighborhood in Chicago. Over 3/4 of the monthly income comes from @properties and Christies International Real Estate. In January 2025, @propeties was acquired for over $440 million by Compass, one of the largest US residential real estate companies with over $180 billion in sales volume and publicly traded on the NYSE with a market cap of approximately $3 billion. @properties has been at this location for over 18 years and recently extended their lease until 2030, showing their commitment to this office. The remaining income comes from two residential units. Strong income demographics.

Full Property Details

Full Property Details for 1959 W Cortland St

General

Sold For: $1,950,000
Taxes: $28,000 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12395940
Added to Site: 214 day(s) ago

Additional Information

Security/Safety: Other

Location

Area: CHI - Logan Square
County: Cook
Driving Directions: South from Armitage or North from North Avenue to the property on Damen
Location Details: Chicago North

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 3
Square Feet: 7,000
Year Built: 1899
Built Before 1978: Yes

Unit Information

# Tenants: 3

Lot Features

Lot Size (Sq. Ft.): 3,125
Lot Dimensions: 25 x 125

Financial Considerations

Operating Expenses: $16,000
Security Deposit: Other
Assessment Year: 1899
Tax Amount: $28,000
Tax Year: 2023

Disclosures and Reports

Property ID: 14314080010000

Listed by @properties Commercial
Sold by Kettley & Co. Inc. - Yorkville

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— 1959 W Cortland St —

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Schools

Schools serving 1959 W Cortland St

School District:Chicago Public School District 299

Name	Grades	Distance
Burr Elementary School, Chicago, IL 1621 West Wabansia Avenue, Chicago, IL 60622	PK-8	0.5 mi
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622	9-11	1.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1959 W Cortland St

Date

Details

Price

Change

Source

9/29/2025

Sold

$1,950,000

-8.24%

MLS

6/17/2025

Listed

$2,125,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 5 days ago

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Just Listed

$320,000

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Single Family
Active
Updated 2 days ago

3
Beds
1
Total Bath
1,110
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Updated 3 days ago

5
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2
Total Baths
1,900
Sq. Ft.

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Price Reduced

-$10,000 (-3.23%)

$299,900

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Multi-Family
Active
Updated 5 days ago

3
Total Beds

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Updated 1 day ago

4
Beds
2
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1,700
Sq. Ft.

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$1,750,000

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Single Family
Closed

6
Beds
5
Total Baths
3,900
Sq. Ft.

2014 N Winchester Ave, Chicago, IL 60614 - Photo 1

Sold

$2,150,000

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Single Family
Closed

6
Beds
5
Total Baths
4,248
Sq. Ft.

1848 W Cortland St, Chicago, IL 60622 - Photo 1

Sold

$2,030,000

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Single Family
Closed

5
Beds
5
Total Baths

1616 N Winchester Ave, Chicago, IL 60622 - Photo 1

Sold

$2,030,000

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Single Family
Closed

5
Beds
4
Total Baths
4,100
Sq. Ft.

1959 W Cortland Street, Chicago, IL 60622 (MLS# 12395940) is a Commercial property that was sold at $1,950,000 on September 29, 2025. Want to learn more about 1959 W Cortland Street? Do you have questions about finding other Commercial real estate for sale in Logan Square? You can browse all Logan Square real estate or contact a Coldwell Banker agent to request more information.

1959 W Cortland St Chicago, IL 60622