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    1530 W Walton Street

    Chicago, IL 60642
    • $890,000
    • STATUS: Active Under Contract
    • ON SITE: 19 days
    • MLS #: 11098044
    Under Contract
    UPDATED: 141 min ago
    $890,000
    • 6
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1875
    County:

    School Ratings & Info

    School District:
    299

    Description

    Fantastic investment opportunity in fully rented high income 3 flat! Located on a quiet one-way tree lined street in a phenomenal location. Meticulously maintained with new updates in all of the units; hardwood floors thru-out, individual furnaces, central air conditioning, stainless steel appliances, dishwashers, granite counters, tank-less hot water heaters, modern bathrooms and washers/dryers in each unit. Building is in pristine condition; freshly tuck-pointed, newer electrical, plumbing, gutters, vinyl windows and new Lennox AC condensers for 2 of the units. Great outdoor space with front paver patio, small garden, rear patio and private balcony off the rear of the penthouse unit. A detached 2 car garage is perfect for additional income and an unfinished basement could easily be dug out and finished for even more income. Low maintenance hardscape with over a 6% cap rate. Easy long term rental with lots of rental demand in the area and tons of new construction. Former owner occupied 1 unit and used Airbnb for the other 2 units and brought in over a $100k a year. Within walking distance to everything, parks, transportation, restaurants, nightlife, downtown, etc. Please see agent remarks for additional information.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-12T23:52:23.18 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1530 W Walton Street Chicago, IL 60642

    • Price: $890,000
    • Status: Active Under Contract
    • Updated: 141 min ago
    • MLS #: 11098044
    6
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1875
    Built
    Neighborhood:
    Chi - West Town
    County:
    Cook
    Area:
    Chi - West Town
    School District:
    299
    Property Description
    Fantastic investment opportunity in fully rented high income 3 flat! Located on a quiet one-way tree lined street in a phenomenal location. Meticulously maintained with new updates in all of the units; hardwood floors thru-out, individual furnaces, central air conditioning, stainless steel appliances, dishwashers, granite counters, tank-less hot water heaters, modern bathrooms and washers/dryers in each unit. Building is in pristine condition; freshly tuck-pointed, newer electrical, plumbing, gutters, vinyl windows and new Lennox AC condensers for 2 of the units. Great outdoor space with front paver patio, small garden, rear patio and private balcony off the rear of the penthouse unit. A detached 2 car garage is perfect for additional income and an unfinished basement could easily be dug out and finished for even more income. Low maintenance hardscape with over a 6% cap rate. Easy long term rental with lots of rental demand in the area and tons of new construction. Former owner occupied 1 unit and used Airbnb for the other 2 units and brought in over a $100k a year. Within walking distance to everything, parks, transportation, restaurants, nightlife, downtown, etc. Please see agent remarks for additional information.
    Exterior Features

    Exterior Building Type BrickFrameLimestone Exterior Features BalconyPatioBrick Paver PatioStorms/Screens Foundation Details Stone Garage Details Garage Door Opener(S) Garage On Site Yes Garage Ownership Owned Garage Type Detached Is Parking Includedin Price Yes Number Of Cars 2 Parking Garage Unit1 Floor Level 1 Unit2 Floor Level 2 Unit3 Floor Level 3 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorWasherDryerDishwasherMicrowaveCentral Air ConditionerHardwood Floors Appliances Features Unit2 StoveRefrigeratorWasherDryerDishwasherMicrowaveCentral Air ConditionerHardwood Floors Appliances Features Unit3 StoveRefrigeratorWasherDryerDishwasherMicrowaveCentral Air ConditionerFireplace-ArtificialHardwood Floors Basement Full Basement Description UnfinishedExterior Access Bathrooms Total Integer 3 Bedrooms Below Grade 0 Bedrooms Possible 6 Full Baths In Building 3 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Heating Natural GasForced Air Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 2 Number Of Rooms Unit1 5 Number Of Rooms Unit2 5 Number Of Rooms Unit3 5 Room Type Den Rooms Total 15

    Property Features

    Additional Parcels YN No Age Description 100+ Years Built Before1978 YN Yes Community Features ParkGatedSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information Commuter BusCommuter TrainInterstate Access Gross Income 79140 Lease Exp Date Mo Yr Unit1 09/21 Lease Exp Date Mo Yr Unit2 09/21 Lease Exp Date Mo Yr Unit3 08/21 Lot Size Standard Chicago Lot Lot Size Dimensions 25X128 Net Operating Income 68000 New Construction YN No Property Sub Type 3 Flat Rebuilt YN No Rehab YN No Security Deposit Unit1 2100 Security Deposit Unit2 2145 Security Deposit Unit3 2350 Sewer Public Sewer Special Assessments N Special Listing Conditions List Broker Must Accompany Special Service Area N Tax Annual Amount 11064.38 Tax Year 2019 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Total Rental Income 79140 Unit1 Rent 2100 Unit2 Rent 2145 Unit3 Rent 2350 Water Source Lake Michigan Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-12T23:52:23.18 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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