1609 S Sawyer AvenueChicago, IL 60623
Cook County
Description
One of few remaining prime real estate opportunities in close proximity to Chicago downtown and across of the street from Douglas Park, with all amenities and transportation options steps away in a rapidly appreciating area. 1607 & 1609 Sawyer are timeless Greystones that feature a total of (18) bedrooms, (6) baths combinate with over 1500+ sq ft of living space or storage. Please note the price is only for 1609. New owner of 1607 S. Sawyer has option to purchase adjusted double lot on 16th street at FMV (confirmed with City of Chicago) for additional opportunities. Both buildings are fully tenants occupied with rents currently below market value but can be adjusted after light cosmetic rehab at buyer's discretion. Each unit contains their own dedicated HVAC, water heather and electrical panels condo style. Buildings are priced on recent sold/contingent comps in the area. Buyer would need to purchase property subject to existing tenants. Seller will entertain offers for each building individually but would prefer both buildings be sold as a package deal potential further savings to buyer and a quick closing is preferred.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Lot dimensions
- 25 X 125
- Ownership
- Fee Simple
- Zoning
- MULTI
- Days on market
- 157
- MLS® Listing#
- 12617120
Property Features
- Heating
- Natural Gas · Forced Air
- Basement
- Finished · Full
- Construction
- Brick
- Roof
- Rubber
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $1,905Tax year 2023
- Parcel number
- 16234070030000
Directions
OGDEN AVE TO KEDZIE NORTH, TO 16TH STREET WEST, SOUTH TO SAWYER AVE.
Listing Courtesy: Hometown Real Estate Group - 7736251121
Last Updated: 2026-04-12
Chicago Market Statistics
How this home compares to 4,594 active listings in Chicago, IL
| Chicago median | This listing | |
|---|---|---|
| Median listing price | $384,317 | $344,000 |
| Median days on market | 27 | 157 |
| Median Sq Ft | 1,400 | — |
| Median price / Sq Ft | $275 | — |
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
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Similar Home Values
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1609 S Central Park Avenue, Chicago, IL | $299,900 | 12 | 4 | — |
| 2855 W 21st Street, Chicago, IL | $299,999 | 12 | 6 | — |
| 1140 S Keeler Avenue, Chicago, IL | $380,000 | 10 | 4 | — |
| 5225 S CAMPBELL Avenue, Chicago, IL | $355,000 | 10 | 5 | — |
