4 Unit | Noble Square

For Sale

1541 W. Walton St, Chicago, IL 60642

This Chicago property for sale is located at 1541 W. Walton St. The current listed sale price for 4 Unit | Noble Square is $1,495,000. 4 Unit | Noble Square is situated on a lot that is 0.07 acre in size.

Contacts

broker

Marco Cesario

Jameson Commercial

(312) 216-8000

Property Details

  • Property Type Multi-Family
  • Property Size 4,498 SF
  • Units 4
  • Lot Size 0.07 Acre
  • Year Built 1996
  • Date Updated Apr 18, 2024
1541 W. Walton Street is located in....Jameson Commercial has been exclusively engaged to list and is pleased to present 1541 W. Walton, a four-unit walk-up located in Chicago's Noble Square neighborhood. This legal and fully occupied four-flat offers more than 1,100 sq ft of living space per unit and a favorable mix of three 3-bedroom, 2-bathroom, and one 2-bedroom, 1-bathroom unit. The building was constructed in 1996 and is considered "modern" compared to most vintage-style buildings in the area, which means that all electric and plumbing (copper) have been updated to meet today's standards. Each unit is equipped with individual HVAC systems, dishwashers, and in-unit laundry. The pride of ownership is evident in the meticulous and pristine condition of the property. At the same time, 1541 W. Walton presents a value-added opportunity for qualified investors, as the units can be updated with modern, condo-quality finishes to increase rents and bring them up to market level. In addition, since this is a four-unit property, it qualifies for a conventional residential loan where an owner-occupied buyer can take advantage of the idea of living "rent-free," so to speak! This property is zoned RM-5 and has been in the same owners' hands since it was built. The property has been carefully maintained and cared for, making it an excellent opportunity for any investor. Tuckpointing and a new roof will be installed soon.

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Highlights

  • Favorable Unit Sizes of (3) 3 Bd / 2 Ba & (1) 2 Bd / 1 Ba
  • Individual HVACs for each Unit
  • In-Unit Washer/Dryer & Dishwashers
  • Each Unit Boosts 1100sf of Living Space & Hardwood Throughout
  • Value-Add Opportunity
  • On-Site Parking

Getting around

  • 97/100

    Walk Score ®

  • 69/100

    Transit Score ®

  • 92/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Noble Square
  • Zip Code 60642
  • Market Chicago

Points of Interest

  • Division

    0.34 miles

  • Chicago

    0.60 miles

  • Ashland

    0.92 miles

  • Damen

    0.97 miles

  • Grand

    1.08 miles

  • Morgan

    1.18 miles

  • North/Clybourn

    1.22 miles

  • Clybourn

    1.28 miles

  • Western Avenue

    1.30 miles

  • Armitage

    1.53 miles

  • Marathon

    0.32 miles

  • Shell

    0.39 miles

  • BP

    0.42 miles

  • Shell

    0.51 miles

  • Shell

    0.54 miles

  • Citgo

    0.54 miles

  • BP

    0.88 miles

  • Shell

    1.05 miles

  • BP

    1.08 miles

  • Tesla Supercharger

    1.21 miles

  • 1628 W Division

    0.40 miles

  • Mid City Parking Lot

    1.14 miles

  • A

    1.16 miles

  • The Site

    1.18 miles

  • E Uber

    1.19 miles

  • Club/Premium

    1.20 miles

  • Bus Parking

    1.21 miles

  • C Suites

    1.23 miles

  • J

    1.27 miles

  • H

    1.27 miles

  • Alexandra's place

    0.09 miles

  • Holiday Jones

    0.38 miles

  • Hyatt Place Chicago / Wicker Park

    0.82 miles

  • IHSP Chicago Hostel

    1.04 miles

  • Urban Holiday Lofts

    1.13 miles

  • Hyatt House

    1.21 miles

  • Hoxton Hotel

    1.25 miles

  • NoBu Hotel

    1.30 miles

  • Hotel Chicago West Loop

    1.43 miles

  • Hampton Inn Chicago Downtown West Loop

    1.59 miles

  • Target

    0.38 miles

  • Jewel-Osco

    0.57 miles

  • Mariano's Fresh Market

    0.65 miles

  • Restaurant Depot

    0.75 miles

  • Whole Foods Market

    1.00 miles

  • Local Foods

    1.08 miles

  • Target

    1.21 miles

  • Mariano's Fresh Market

    1.24 miles

  • ALDI

    1.25 miles

  • Trader Joe's

    1.25 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Marco Cesario

Jameson Commercial

(312) 216-8000