1337 W Walton Street
Chicago, IL, 60642
$2,200,000
10 Beds
8 Baths
0 SqFt
0 Acres
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$2,200,000
1337 W Walton Street
Chicago, IL, 60642
MLS #MRD12630738 image #0MLS #MRD12630738 image #1MLS #MRD12630738 image #2MLS #MRD12630738 image #3MLS #MRD12630738 image #4MLS #MRD12630738 image #5MLS #MRD12630738 image #6MLS #MRD12630738 image #7MLS #MRD12630738 image #8MLS #MRD12630738 image #9MLS #MRD12630738 image #10MLS #MRD12630738 image #11MLS #MRD12630738 image #12MLS #MRD12630738 image #13MLS #MRD12630738 image #14MLS #MRD12630738 image #15MLS #MRD12630738 image #16MLS #MRD12630738 image #17MLS #MRD12630738 image #18
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 Details

Price:
$2,200,000
MLS #:
MRD12630738
Status:
Active
Beds:
10
Baths:
8
Type:
Commercial
Neighborhood:
chiwesttown
Listed Date:
Jul 20, 2026
Year Built:
1888
Chi – West TownChiwesttown

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Wood, Other
Stories
4

Financial

Maintenance Fee
$1,875
Net Operating Income
$142,258
Tax Year
2024
Taxes
$23,374
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Jul 23, 2026
921
Commercial Listed
185
Avg DOM
$1,018,288
Avg List Price

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Property Summary

    1337 W Walton Street Chicago IL is a Commercial for sale in Chicago, IL, 60642. It is listed for $2,200,000 To schedule a showing of MLS#mrd12630738 at 1337 W Walton Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1337 W Walton Street
Chicago, IL