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1242 W Grace Street W Unit 3

Chicago, IL 60613

2 beds
2 baths
1,500 sqft
$596 per sqft
2018 build
– on site

Welcome to 1242 W. Grace, Unit 3-Penthouse. This showstopper is a needle in the haystack, with nothing like it on the market! The extra wide Penthouse is located in the sweet spot of the Southport Corridor and Wrigley Field. You'll feel and notice the extra width that makes all the difference as soon as you walk in. This 2 bedroom / 2 bath features a Calcutta quartz kitchen island with Wolf range with hood, Sub Zero refrigerator, Bosch dishwasher, and Sharp microwave. Kitchen also features task, accent lighting and pendant lighting with neutral porcelain backsplash and pantry. The wide open living and dining areas offers plenty of room to stretch out and the dining are can comfortably seat 6. The large front south-facing terrace has plenty of room for outdoor seating complete with a gas line for grilling and electric. The spacious primary suite easily accommodates a king-size bed, features a custom walk-in closet and tastefully appointed bath with natural stone floor and surround, quartz dual sink, oversized steam shower, private water closet, and heated floors. Ample second bedroom serviced by full hall bath with tub and adjacent linen closet. Interior access to the incredible rooftop deck with pergola by Urban Rooftops that overlooks Wrigley Field, Gallagher Way, and downtown. Penthouse-level interior features a beverage center with dual refrigerators and ample storage. The roof deck features expansive covered seating and grilling area as well as two additional seating areas and rear exterior stair. Impossible to miss the attention to detail: crown molding, solid core doors with beautiful hardware, hardwood floors throughout, wired for sound inside and on roof deck, additional storage and garage parking. So many wonderful spots to walk retail and restaurants in this vibrant community: The Guild or Krista K; Uncommon Ground or Crosby's Kitchen. Red line at Addison or Brown line at Southport and Roscoe. All this and Blaine school district too! Super low assessments and strong reserves of $14,234. No planned or upcoming projects. This HOME has been lightly lived in as its a second home for the seller. Additional Photos are forthcoming.

Listing courtesy of MRED / @properties Christie's International Real Estate as distributed by MLS GRID

Last checked: Checking… • Last updated Jul 20, 2025 •

MLS# 12423491 —

The Building

Year Built:

2018
Rebuilt:

No
New Construction:

false
Construction Materials:

Brick
Model:

PENTHOUSE/ROOFTOP DECK
Basement:

None
Exterior Features:

Roof Deck
Patio And Porch Features:

Deck
Disability Access:

No
Stories Total:

3
Living Area Source:

Builder
Entry Level:

3
Window Features:

Screens

Interior

Room Type:

Terrace, Walk In Closet, Den, Deck
Rooms Total:

6
Interior Features:

Built-in Features
Fireplaces Total:

1
Fireplace Location:

Living Room
Laundry Features:

Main Level, Washer Hookup, In Unit
Flooring:

Hardwood

Room Dimensions

Living Area:

1500

Location

Directions:

Clark Street to Grace then West to 1242 or Southport to Grace and East to 1242.
Location:

15694

The Property

Parcel Number:

14201100441003
Property Type:

Residential
Location:

N
Lot Features:

Common Grounds
Lot Size Dimensions:

COMMON
Rural:

N
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

14558

Beds

Bedrooms Total:

2
Bedrooms Possible:

2

Baths

Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

List Broker Must Accompany

Heating & Cooling

Heating:

Natural Gas, Forced Air, Radiant, Radiant Floor
Cooling:

Central Air

Utilities

Sewer:

Public Sewer, Storm Sewer
Electric:

Circuit Breakers
Water Source:

Lake Michigan, Public

Appliances

Appliances:

Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Gas Cooktop, Gas Oven

Schools

Elementary School:

Blaine Elementary School
Elementary School District:

299
Middle Or Junior School:

Blaine Elementary School
Middle Or Junior School District:

299
High School:

Lake View High School
High School District:

299

The Community

Community Features:

Sidewalks, Street Lights
Pets Allowed:

Cats OK, Dogs OK
Association Fee:

224
Association Fee Includes:

Water, Insurance, Scavenger
Association Fee Frequency:

Monthly
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

1
Parking Features:

Off Alley, Garage Door Opener, On Site, Garage Owned, Detached, Garage
Garage Spaces:

1

Extra Units

Other Structures:

Pergola

Monthly cost estimate

Asking price

$895,000

Expense	Monthly cost
Mortgage	$4,792
Taxes	$1,213
Insurance	$246
HOA fees	$224
Utilities	$115 See report
Total	$6,590/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/20/25 Jul 20, 2025	Listed / Active	MRED	$895,000	11.2% (3.4% / YR)
3/23/22 Mar 23, 2022		MRED	$805,000	-2.4%
3/22/22 Mar 22, 2022		MRED	$825,000

51% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $36k above asking price on average, but some went as high as $150k over asking price.

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This condo located in North Side, Chicago, IL 60613 is currently for sale for $895,000. 1242 W Grace Street W Unit 3 is a 1,500 square foot condo with 2 beds and 2 baths that has been on Estately for 0 days. 1242 W Grace Street W Unit 3 is in the North Side neighborhood of Chicago and has a WalkScore® of 89, making it very walkable. This condo is in the attendance area of Blaine Elementary School and Lake View High School.

Listing courtesy of MRED, @properties Christie's International Real Estate, and Kevin Tatum as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Jul 20, 2025, 03:54 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.