Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
42 Properties Within 0.5 miles of: 1421 W Chicago, Chicago

1421 W Chicago
Chicago, IL 60642

  • Built In 1950
Price

$2,995,000

Est Payment
$17,850 / month (details)  
Taxes
$31,516  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
25x124  
Built
1950  
Neighborhood
Noble Square  
MLS
#12711342
Status
Active (0 days)

Property Description

1421 W Chicago is a boutique seven-unit turn key mixed-use apartment building anchored by a new well-established restaurant, Gilda in the heart of West Town. The property presents a rare opportunity to acquire a stabilized fully renovated asset with diversified income, strong in-place tenancy, and long-term upside in a premier corridor location. Positioned directly along Chicago Avenue, the building benefits from exceptional visibility and immediate access to some of the neighborhood's most sought-after dining, retail, and entertainment destinations, while remaining surrounded by the residential character and walkability that continues to drive demand throughout West Town/Noble Square. The residential component features seven thoughtfully designed apartment layouts with modern finishes and efficient floor plans that appeal to today's renters. All units have washer and dryer in unit, stainless steel appliances and varying degrees of finish packages. Combined with the strength of the ground-floor commercial tenancy and all of the larger infrastructure upgrades , the asset offers investors a compelling blend of stable cash flow and future appreciation potential in one of Chicago's most supply-constrained rental markets.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-21-2026 Listed at $2,995,000
Last Modified 7/21/26 9:34 PM

Nearby Transportation

  • Bus 66 < 0.1 mi
  • Bus 9 0.2 mi
  • Bus X9 0.2 mi
  • Bus 56 0.3 mi
  • Bus 65 0.3 mi
  • Bus 70 0.5 mi
  • Bus 50 0.7 mi
  • Bus 8 0.8 mi
  • Bus 20 1.0 mi
  • Bus 72 1.0 mi
  • Bus X49 1.2 mi
  • Bus 49 1.2 mi
  • Blue Line 0.4 mi
  • Green Line 0.8 mi
  • Pink Line 0.8 mi
  • ZipCar 0.2 mi
  • I 90 East 0.3 mi
  • I 94 East 0.3 mi
  • I 90 West 0.3 mi
  • I 94 West 0.3 mi
  • I 290 West 1.4 mi
  • I 290 East 1.4 mi
  • I 55 South 3.0 mi
  • I 55 North 3.0 mi
grid
Register to see 0 more properties