2258 S Sacramento Ave, Chicago, IL, 60623

Highlights

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

Description

Located at the prominent corner of 23rd Street and Sacramento Avenue, this newer renovated (completion set for spring 2026) nine-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

Situated at the corner of 23rd Street and Sacramento Avenue, the property benefits from a well-connected Lower West Side location with convenient access to public transportation, major roadways, and neighborhood amenities. Residents are within proximity to multiple CTA bus routes and the Pink Line, including the California and Kedzie stations, providing efficient transit access to the Loop, Medical District, and surrounding employment centers.

The location also offers excellent vehicular connectivity, with quick access to the Stevenson Expressway (I-55), the Eisenhower Expressway (I-290), and I-90/94, allowing for seamless travel throughout the Chicago metro area. Nearby retail corridors along 26th Street, Cermak Road, and Western Avenue provide a wide array of shopping, dining, and daily convenience options, while larger commercial hubs and grocery anchors are easily accessible.

Positioned near established residential neighborhoods and ongoing investment activity, the area continues to attract renters seeking a balance of affordability, accessibility, and urban convenience. The combination of strong transit infrastructure, proximity to major expressways, and access to retail and employment drivers makes this location particularly attractive for long-term multifamily demand and stable occupancy.

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