7-Unit Mixed-Use
For Sale
$2,995,000
1421 W Chicago Avenue, Chicago, IL 60642
Renovated apartments offer in-unit laundry, stainless steel appliances, and varied finish packages above a ground-floor restaurant.
Property SizeContact for details
Days on Market17
Property Features for 1421 W Chicago Avenue
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Additional Details
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$31,516
Amenities
washer and dryer in unit
stainless steel appliances
Building Details
Year Built
1950
Buildings
1
Tenancy
Multi
Listing Agency:
Compass
Listed By:
Charlie Cohen
Source:
Harkinsandassociates
Added: Jul 21
Changed: Aug 3
Last Checked: Aug 6 at 4:41AM
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 Compass
Investment Insights
Based on property information with market context.
Located at 1421 W Chicago Avenue, this mixed-use building combines seven apartments with a ground-floor restaurant tenancy. The residential units feature modern finishes, efficient layouts, in-unit washers and dryers, stainless steel appliances, and varying finish packages. The property was built in 1950 and has undergone a full renovation with broader infrastructure upgrades.
The building sits directly along Chicago Avenue in Chicago’s West Town area, near the Noble Square neighborhood. Its commercial component is occupied by Gilda, a restaurant identified in the property information as new and well established. The configuration brings together residential and restaurant uses within one building, with the apartments supported by contemporary in-unit amenities and the commercial space positioned at street level.
The building sits directly along Chicago Avenue in Chicago’s West Town area, near the Noble Square neighborhood. Its commercial component is occupied by Gilda, a restaurant identified in the property information as new and well established. The configuration brings together residential and restaurant uses within one building, with the apartments supported by contemporary in-unit amenities and the commercial space positioned at street level.
Key Highlights
- Seven‑unit mixed‑use apartment building with a ground‑floor restaurant
- Built in 1950 and fully renovated with larger infrastructure upgrades
- Residential units include in‑unit washers and dryers
Property Analytics
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,395
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated apartments offer in-unit laundry, stainless steel appliances, and varied finish packages above a ground-floor restaurant.
Where is this mixed-use property located?
The property is located at 1421 W Chicago Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Seven‑unit mixed‑use apartment building with a ground‑floor restaurant; Built in 1950 and fully renovated with larger infrastructure upgrades; Residential units include in‑unit washers and dryers
