1337 W Walton Street,Chicago, IL 60642
Chicago, IL 60642
Description
1337 W. Walton Street, a newly constructed five-unit multifamily asset prominently situated just off Chicago Avenue in one of the city's most sought- after residential markets. The Property offers a diverse and attractive unit mix comprising one (1) 1 Bed / 1 Bath, one (1) 2 Bed / 1 Bath, two (2) 3 Bed / 2 Bath Duplexes, and one (1) 4 Bed / 2 Bath Duplex. All utilities are separately metered and paid directly by tenants, providing a lean expense structure and predictable cash flow for ownership. Each residence is finished to a condominium-quality standard featuring hardwood flooring, stainless steel appliances, quartz countertops, modern white cabinetry, tiled bathrooms, private rear decks, and in-unit laundry. Built to the highest modern standard, the Property features separately metered 100-amp electrical service per unit, individual high-efficiency furnaces, tankless water heaters, copper plumbing, high-performance windows, and a new roof - delivering an essentially maintenance-free asset with no near-term capital requirements and a long runway before any meaningful reinvestment is needed. With spacious floor plans, brand-new finishes, and rents that remain meaningfully below market, 1337 W. Walton Street offers investors a rare combination of day-one cash flow and compelling upside through a measured rent growth strategy. Underpinned by strong neighborhood fundamentals, light operating expenses, and a truly turnkey physical plant, this offering represents an exceptional opportunity for an investor seeking long-term stability and durable value creation in Chicago's Noble Square neighborhood.
Details
| MLS # | 12630738 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1888 |
| Days On Site | 159 |
| Listing Provided By | Compass | Adam Max |
Features
| Story(s) | 4 |
|---|---|
| Units | 5 |
| Zoning | MULTI |
Interior
| Cooling | Central Air |
|---|
Exterior
| Construction Materials | Wood, Other |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 23374 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60642 |
| Area | CHI West Town |
| Listing VS Median (in 60642) | |
Price: $2,200,000 low | high Med: $514,450 On site: 159 low | high Med: 84.5 | |
Market Activity 60642
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60642 |
| Area | CHI West Town |
| Listing VS Median (in 60642) | |
Price: $2,200,000 low | high Med: $514,450 On site: 159 low | high Med: 84.5 | |
