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0 Beds
6,100 sqft

$2,100,000

642 N DEARBORN Street, Chicago IL, 60654

Price per sqft$344.26
Built in1872
Property size6,100 sqft
Property typeOther
Listed by Oltita Brennan with Jameson Sotheby's Intl Realty 773-877-0548

Overview

Active

New

Listed Oct 26, 2026

Updated 3h ago

Rare opportunity to own a distinctive historic mixed-use property in the heart of Chicago's vibrant River North neighborhood. Offering approximately 6,100 square feet and DX-5 zoning (Downtown Mixed-Use District), this unique property blends classic architectural charm with modern updates and exceptional investment potential. Previously configured as five units, the property features a versatile combination of commercial and residential spaces, including upper-level accommodations currently utilized for short-term rentals, a separate coach house, and a private courtyard. Significant recent improvements include a completely renovated third floor (2025), featuring new flooring, kitchenette, countertops, appliances, cabinetry, and bathroom. The fourth floor underwent similar renovations in 2021. The coach house has also been refreshed with new vinyl flooring, freshly painted kitchen cabinets, and newer appliances. Additional upgrades include newer water heaters. Multiple potential income streams, flexible use options, and potential rooftop advertising revenue add to the property's appeal, subject to applicable approvals. Ideally located near River North's renowned restaurants, shopping, galleries, nightlife, and downtown attractions. An exceptional opportunity for investors, entrepreneurs, or owner-users seeking a unique property with character, versatility, and long-term potential.

$13,971/mo

Est. mortgage payment based on a $2,100,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12788702

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$36,330
Tax Frequency
Annually
Municipality
North Chicago
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Listed by Oltita Brennan with Jameson Sotheby's Intl Realty 773-877-0548

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Giovanni Leopaldi are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 8:08 AM UTC on 10/28/2026. 

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