Let everything simmer.
At this point, it is up to you for how long you want the chili to simmer. You can let it simmer for 20 to 30 minutes on low heat, stirring occasionally, with the pot uncovered.
But the effect is different if you cook the chili longer. Allow it to simmer for 1 hour on low heat with the pot covered. Stir it every now and then to check the texture.
Serve the chili warm in a bowl. Top it with sour cream, shredded Cheddar cheese, and cilantro.