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.
Details
MLS #
12630738
Listing Type
For Sale
Style
Multi Family 5+
Sub-Type
Resale
Status
Active Under Contract
Year
1888
Days On Site
161
Listing Provided By
Compass | Adam Max
Features
Story(s)
4
Units
5
Zoning
MULTI
Interior
Cooling
Central Air
Exterior
Construction Materials
Wood, Other
Taxes
Tax Year
2024
Tax Annual Amount
23374
Area Information
State
IL
County
Cook
City
Chicago
Zip Code
60642
Area
CHI West Town
Listing VS Median (in 60642)
Price: $2,200,000
low | high
Med: $509,000
100% of Average
On site: 161
low | high
Med: 35
100% of Average
Sourced by Back At You
Market Activity 60642
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 2
Avg $ Per SqFt: $412.88
Min Sale Price: $485,000
Max Sale Price: $716,000
Med Sale Price: $600,500
Date: Aug 2026
Sales: 10
Avg $ Per SqFt: $382.12
Min Sale Price: $415,000
Max Sale Price: $1,030,000
Med Sale Price: $767,000
Date: Jul 2026
Sales: 17
Avg $ Per SqFt: $360.19
Min Sale Price: $82,000
Max Sale Price: $2,125,000
Med Sale Price: $610,000
Date: Jun 2026
Sales: 25
Avg $ Per SqFt: $405.93
Min Sale Price: $292,500
Max Sale Price: $1,100,000
Med Sale Price: $695,000
Date: May 2026
Sales: 38
Avg $ Per SqFt: $399.81
Min Sale Price: $355,000
Max Sale Price: $1,400,000
Med Sale Price: $655,500
Date: Apr 2026
Sales: 39
Avg $ Per SqFt: $384.43
Min Sale Price: $217,500
Max Sale Price: $1,730,000
Med Sale Price: $580,000
Date: Mar 2026
Sales: 38
Avg $ Per SqFt: $386.22
Min Sale Price: $257,000
Max Sale Price: $1,200,000
Med Sale Price: $653,000
Date: Feb 2026
Sales: 31
Avg $ Per SqFt: $340.86
Min Sale Price: $182,000
Max Sale Price: $1,895,000
Med Sale Price: $616,000
Date: Jan 2026
Sales: 39
Avg $ Per SqFt: $382.53
Min Sale Price: $401,000
Max Sale Price: $1,825,000
Med Sale Price: $879,000
Date: Dec 2025
Sales: 9
Avg $ Per SqFt: $424.97
Min Sale Price: $408,000
Max Sale Price: $1,125,000
Med Sale Price: $700,000
Date: Nov 2025
Sales: 20
Avg $ Per SqFt: $372.03
Min Sale Price: $299,000
Max Sale Price: $1,800,000
Med Sale Price: $832,500
Date: Oct 2025
Sales: 24
Avg $ Per SqFt: $363.26
Min Sale Price: $310,000
Max Sale Price: $2,150,000
Med Sale Price: $592,500
Sourced by Back At You
Sep 2026
Sales:
2
Avg $ Per SqFt:
$412.88
Min Sale Price:
$485,000
Max Sale Price:
$716,000
Med Sale Price:
$600,500
Aug 2026
Sales:
10
Avg $ Per SqFt:
$382.12
Min Sale Price:
$415,000
Max Sale Price:
$1,030,000
Med Sale Price:
$767,000
Jul 2026
Sales:
17
Avg $ Per SqFt:
$360.19
Min Sale Price:
$82,000
Max Sale Price:
$2,125,000
Med Sale Price:
$610,000
Jun 2026
Sales:
25
Avg $ Per SqFt:
$405.93
Min Sale Price:
$292,500
Max Sale Price:
$1,100,000
Med Sale Price:
$695,000
May 2026
Sales:
38
Avg $ Per SqFt:
$399.81
Min Sale Price:
$355,000
Max Sale Price:
$1,400,000
Med Sale Price:
$655,500
Apr 2026
Sales:
39
Avg $ Per SqFt:
$384.43
Min Sale Price:
$217,500
Max Sale Price:
$1,730,000
Med Sale Price:
$580,000
Mar 2026
Sales:
38
Avg $ Per SqFt:
$386.22
Min Sale Price:
$257,000
Max Sale Price:
$1,200,000
Med Sale Price:
$653,000
Feb 2026
Sales:
31
Avg $ Per SqFt:
$340.86
Min Sale Price:
$182,000
Max Sale Price:
$1,895,000
Med Sale Price:
$616,000
Jan 2026
Sales:
39
Avg $ Per SqFt:
$382.53
Min Sale Price:
$401,000
Max Sale Price:
$1,825,000
Med Sale Price:
$879,000
Dec 2025
Sales:
9
Avg $ Per SqFt:
$424.97
Min Sale Price:
$408,000
Max Sale Price:
$1,125,000
Med Sale Price:
$700,000
Nov 2025
Sales:
20
Avg $ Per SqFt:
$372.03
Min Sale Price:
$299,000
Max Sale Price:
$1,800,000
Med Sale Price:
$832,500
Oct 2025
Sales:
24
Avg $ Per SqFt:
$363.26
Min Sale Price:
$310,000
Max Sale Price:
$2,150,000
Med Sale Price:
$592,500
MLS Number: 12630738
Adam Max – (847) 361-3756 – adam.max@ranorth.com
Compass – (773) 598-7388
Request a showing
Request a showing
The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
