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$1,550,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 2258 S Sacramento Ave
General
- Price: $1,550,000
- Taxes: $13,963 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12578309
- Updated: 2/26/2026
- Added to Site: 5 day(s) ago
Location
- Area: CHI - South Lawndale
- County: Cook
- Township: West Chicago
- Driving Directions: Cermak & Marshall Blvd - South to 23rd St, West 1 block to 2258 on the Corner of 23rd & Sacramento.
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 8,928
- Year Built: 1911
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 9
- Units w/Range/Oven: 9
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,150
- Lot Dimensions: 25 x 126
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1911
- Tax Amount: $13,963.03
- Tax Year: 2024
Disclosures and Reports
- Property ID: 16251030460000
Listed by Sperry Van Ness
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Schools
Schools serving 2258 S Sacramento Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spry Elementary Community School 2400 South Marshall Boulevard, Chicago, IL 60623 | PK-8 | 0.2 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.4 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 2258 S Sacramento Ave
Date
Details
Price
Change
Source
2/26/2026
Listed
$1,550,000
129.63%
MLS
6/06/2025
Sold
$675,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2258 S Sacramento Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,704
3%
$55,472
—
2022
$11,410
25%
$55,472
23%
2021
$9,102
-17%
$45,264
-8%
2020
$10,939
11%
$49,103
—
2019
$9,865
2%
$49,103
—
2018
$9,700
4%
$49,103
14%
2017
$9,305
7%
$43,223
—
2016
$8,657
9%
$43,223
—
2015
$7,920
14%
$43,223
15%
2014
$6,967
2%
$37,552
—
2013
$6,830
5%
$37,552
4%
2012
$6,507
—
$36,262
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2258 S Sacramento Ave
2258 S Sacramento Avenue, Chicago, IL 60623 (MLS# 12578309) is a Commercial property. 2258 S Sacramento Avenue is currently listed for $1,550,000 and was received on February 26, 2026. Want to learn more about 2258 S Sacramento Avenue? Do you have questions about finding other Commercial real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

