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1337 W Walton Street Chicago, IL 60642 Multi Unit - Multiple Active

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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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
Compass 773-598-7388
MRED MLS
$2,200,000
Est. $14,684/mo
New to the Market Active
BEDS0 BATHS MLS#12630738
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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1337 W Walton Street , Chicago, IL 60642.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,200,000$2,200,000$2,200,000
Down Payment $77,000$0$440,000
Monthly Mortgage Amount $13,300$13,837$10,980
Taxes $3062$3062$3062
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,320$0$0
Monthly Estimated Total $18,324$17,541$14,684

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