About 1337 W Walton Street
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.
Features of 1337 W Walton Street
| MLS® # | 12630738 |
|---|---|
| Price | $2,200,000 |
| Bathrooms | 0.00 |
| Year Built | 1888 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Contingent |
Community Information
| Address | 1337 W Walton Street |
|---|---|
| Area | CHI - West Town |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60642 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Wood, Other |
|---|
Additional Information
| Days on Market | 139 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass |
|---|
