Chicago, IL 60642 1500 W Walton Street

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Presented By: Fulton Grace Realty
  • MLS# 12003996
  • 03/14/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 5
  • SQFT • 7,986

Home Details

$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.
Presented By: Fulton Grace Realty

Interior Features for 1500 W Walton Street

Other Interior Features

BasementFinished, Partially Finished, Storage Space

General for 1500 W Walton Street

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Concrete, Wood Frame, Other
CoolingCentral Air, Window Unit(s)
CountyCook
Current UseMulti-Family
Days on Market97
DirectionsAshland Ave to Chestnut East to Greenview North to Walton. Building is on the Corner of Walton & Greenview.
ElectricCircuit Breakers, Separate Meters, Service - 101 to 200 Amps
Electric Expense675
Fuel Expense
Gross Income233460
Insurance Expense5115
Lot Size Square Feet3072
MLS AreaCHI - West Town
MaintenanceExpense17534
Net Operating Income176257
NumberOfUnitsTotal10
Operating Expense47988
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount19520
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat, Hot Water
TownshipWest Chicago
Trash Expense1795
UtilitiesSanitary Sewer, Water-Municipal, Water to Site, Cable Available
Virtual TourClick here
Water Sewer Expense2564
Year Built1887
ZoningMULTI

Exterior for 1500 W Walton Street

Building Area Total7986
ExteriorVinyl Siding, Brick, Frame
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions3072

Additional Details

Price History

Worth Clark

Price $2,645,000
MLS#12003996
List Date 03/14/2024
Property Type Multi-Family
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