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$904,500
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Property Description
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.
Full Property Details
Full Property Details for 1242 W Grace St #3
General
- Sold For: $904,500
- HOA FEE: $224/month
- Taxes: $14,558 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12423491
- Added to Site: 180 day(s) ago
Interior
- Interior Features: Built-in Features
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Range, Microwave, Dishwasher, Refrigerator, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Gas Cooktop, Gas Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Steam Shower, Double Sink
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Roof Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Off-Alley, Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Lake View
- County: Cook
- Driving Directions: Clark Street to Grace then West to 1242 or Southport to Grace and East to 1242.
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Blaine Elementary School
- Middle School: Blaine Elementary School
- High School: Lake View High School
- Private School: Lake View High School
Community
- Assoc. Fees Include: Water, Insurance, Scavenger
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Self Managed
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air, Radiant, Radiant Floor
Utilities
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo, Low-Rise (1 to 3 Stories), Penthouse
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 3
- Stories/Levels: 3
- Square Feet: 1,500
- Sq. Ft. Source: Builder
- Year Built: 2018
Unit Information
- Units in Building: 3
Manufactured Home
- Model: PENTHOUSE/ROOFTOP DECK
Additional Structures
- Other Structures: Pergola
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds
Financial Considerations
- Association Fee: $224
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2018
- Tax Amount: $14,558
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 14201100441003
Listed by @properties Christie's International Real Estate
Sold by Baird & Warner
Get Pre-Approved Today
Schools
Schools serving 1242 W Grace St #3
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Blaine Elementary School 1420 West Grace Street, Chicago, IL 60613 | PK-8 | 0.2 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1242 W Grace St #3
Date
Details
Price
Change
Source
8/22/2025
Sold
$904,500
1.06%
MLS
7/20/2025
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1242 W Grace Street #3, Chicago, IL 60613 (MLS# 12423491) is a Condo property that was sold at $904,500 on August 22, 2025. Want to learn more about 1242 W Grace Street #3? Do you have questions about finding other Condo real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

