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1337 W Walton Street Chicago, IL 60642

$2,200,000
Active / MLS# 12630738 / Multi Unit - Multiple / Chicago
0 Beds

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.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 7,478.39 per month $4,888.89 Principal & Interest $1,947.83 Property Tax $641.67 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 0.07 Acres
Stories: 4.0
Taxes: $23,374
Year Built: 1888

Feature Descriptions

Current Use: Multi-Family
Exterior: Wood, Other
Frontage Type: City Street
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 25X129
Parcel#: 17053200140000
Potential Use: Multi-Family
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 5

Location

See details and scored characteristics about this location.

Listing Office: Compass

Listing Office Phone: 773-598-7388



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