1337 W Walton Street, Chicago, IL 60642
- $2,200,000
- $2,250,000
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.
- Listing Courtesy of: Compass
Details
Updated on June 28, 2026 at 8:34 pm-
Property ID MRD12630738
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Price $2,200,000
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Year Built 1888
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Property Type Multi Family
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Property Status Active
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Parcel Number 17053200140000
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MLS Status Price Change
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Co List Agent MLS ID MRD43890
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Days On Market 58
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Cumulative Days On Market 59
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Tax Annual Amount 23374
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Cooling Central Air
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Directions West on Chicago, North on Noble, East on Walton
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LotSizeSquareFeet 3175
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StoriesTotal 4
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Zoning MULTI
Address
Open on Google Maps- Address 1337 W Walton Street
- City Chicago
- State/county IL
- Zip/Postal Code 60642
- Country United States
Overview
- Multi Family
- 1888
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