1337 W Walton Street, Chicago, IL
  • $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
  • Price $2,200,000
  • Year Built 1888
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 17053200140000
  • MLS Status Price Change
  • Co List Agent MLS ID MRD43890
  • Days On Market 58
  • Cumulative Days On Market 59
  • Tax Annual Amount 23374
  • Cooling Central Air
  • Directions West on Chicago, North on Noble, East on Walton
  • LotSizeSquareFeet 3175
  • StoriesTotal 4
  • Zoning MULTI
  • Address 1337 W Walton Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60642
  • Country United States

Overview

Property ID: MRD12630738
  • Multi Family
  • Property Type
  • 1888
  • Year Built

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