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Corner Luxury Apartment Building
For Sale
Contact for pricing
Pending

1342 W Randolph Street, Chicago, IL 60607

22-unit stabilized apartment building on a corner with exposure along Randolph Street in Chicago’s Fulton Market area.

Property SizeContact for details
Days on Market150

Property Features for 1342 W Randolph Street

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: SVN | Chicago Commercial
Listed By: Scott Maesel · License #IL 471005379
Source: Crexi
Added: Apr 11 Changed: Sep 4 Last Checked: Sep 7 at 2:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

1342 W Randolph Street is a 22-unit stabilized boutique luxury apartment building offering multifamily income potential. The property benefits from corner exposure along Randolph Street.

The building is located in Chicago’s Fulton Market neighborhood near Fulton West and other major area developments, including a recently approved Hyatt Hotel. Additional nearby businesses and corporate activity include McDonald’s Global HQ.

As an apartment building with 22 units, the asset is positioned for investors seeking a smaller, stabilized multifamily property with prominent street exposure.

Key Highlights

  • 22‑unit stabilized boutique luxury apartment building at 1342 W Randolph
  • Corner exposure along Randolph Street’s Restaurant Row
  • Two blocks from Fulton West

Property Analytics

Current Use

Millennium Dental Dental Office Dr. Nawar Alnoman Dental Office Dr. Jianjun Hao Dental Office Scott Christian, DDS Dental Office BURGETT IP Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Carpet & Flooring Store Veterinary Clinic Adult Day Care Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,921
Businesses Nearby

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 22-unit stabilized apartment building on a corner with exposure along Randolph Street in Chicago’s Fulton Market area.
Where is this apartment building located?
The property is located at 1342 W Randolph Street Chicago, IL.
What are key features of this property?
This property features: 22‑unit stabilized boutique luxury apartment building at 1342 W Randolph; Corner exposure along Randolph Street’s Restaurant Row; Two blocks from Fulton West
(312) 676-1866 Call to check price and availability
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