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1500 W Walton Street,  Chicago IL, 60642

(Active)
$2,645,000
|
7,986 sqft
|
MLS# 12003996
Last Updated: 5/16/2024 2:46 AM
Description for 1500 W Walton Street Chicago, IL 60642
$233,460/year Gross Income | $185,472/year Net Income | 7.0% Cap Rate - Impressive for being 1.5 Miles East of Western Ave! | THEE Quintessential Turn Key Investment at 1500 West Walton Street & 940 North Greenview Avenue | Nestled between the Wicker Park & River West Neighborhoods, these 2 Multi-Family Buildings in HOT WEST TOWN have a Total of 10 Units designed with (6) One Bedrooms & (4) Three Bedroom / 2 Bathroom Apartments | Unique & Money Making Floor Plans | 2 Apartments with In-Unit Laundry | 2 Coin-Operated Laundry Facilities | Gas Forced Heat in all the Apartments, Central A/C at 1500 W Walton and Window A/C Units at 940 N Greenview | Tenants responsible for Gas (Heat & Cooking) and Electricity - LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters | Well-Maintained & Professionally Self-Managed throughout its ownership | View all 57 images (including Floor Plans) | Video tours and OM available upon request.
Price
$2,645,000
Cook
7,986 (approx)
12003996
Active
Description
$233,460/year Gross Income | $185,472/year Net Income | 7.0% Cap Rate - Impressive for being 1.5 Miles East of Western Ave! | THEE Quintessential Turn Key Investment at 1500 West Walton Street & 940 North Greenview Avenue | Nestled between the Wicker Park & River West Neighborhoods, these 2 Multi-Family Buildings in HOT WEST TOWN have a Total of 10 Units designed with (6) One Bedrooms & (4) Three Bedroom / 2 Bathroom Apartments | Unique & Money Making Floor Plans | 2 Apartments with In-Unit Laundry | 2 Coin-Operated Laundry Facilities | Gas Forced Heat in all the Apartments, Central A/C at 1500 W Walton and Window A/C Units at 940 N Greenview | Tenants responsible for Gas (Heat & Cooking) and Electricity - LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters | Well-Maintained & Professionally Self-Managed throughout its ownership | View all 57 images (including Floor Plans) | Video tours and OM available upon request.
Listing Information
Property Type: Multi-Family, Business Opportunities, 3+ Story
0.07 Acres 7,986 (approx) 1887
3 Brick,Frame,Vinyl siding Multi-Family
West Chicago//
Concrete Perimeter
Public
Cable Available
10 Total
Multi-Family
Neighborhood
Room Information
Interior Features
Central Air, Window Unit(s)
Finished, Partially Finished
Exterior / Lot Features
Brick, Vinyl, Frame
Composition
3072
MULTI
Driving Directions
Ashland Ave to Chestnut East to Greenview North to Walton. Building is on the Corner of Walton & Greenview.
Financial Considerations
17053140510000
$19,520
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60642 has a population of 2,781,445.

The median household income in Chicago, Illinois 60642 is $116,595. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60642 is 38 years.

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Courtesy: Fulton Grace Realty
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/16/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/16/2024 2:46 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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