Multifamily Housing - For Sale
1547 West Walton Street Chicago, IL 60642
Details & Description
Call for Pricing
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 4,000
Essex Realty Group, Inc. is pleased to exclusively offer for sale 1547 W. Walton St. ("the Property"), a legal 4-unit apartment building located on the border of Noble Square and Ukrainian Village in West Town. The Property is situated steps from multiple CTA bus stops, 0.3 miles from the Division Street Blue Line CTA station, and 0.2 miles from the thriving restaurant and bar scene along Chicago Avenue.1547 W. Walton St. is comprised of three (3) 3Bd/2Ba apartments and one (1) 2Bd/2Ba garden apartment. The building systems include 200 amp electric service to each apartment, copper plumbing, and a brand new roof with a transferable warranty. Each unit is equipped with individual HVAC, individual hot water tanks, stackable in-unit laundry, hardwood floors, fireplaces, and kitchens with granite countertops, tile backsplashes, and built-in wine racks. Three of the four units also have stainless steel appliances, storage units, and assigned exterior parking spaces.The Property presents investors and owner-occupants with the opportunity to acquire a 100% occupied, renovated property in the desirable community of West Town. There are also multiple strategies to increase income over time. For example, three bedroom layouts at the property are renting for an average of $2,233/month, while comparable nearby units are renting for $2,600/month. Other opportunities to increase income include charging for the tandem parking spaces and storage units that are currently included in the rent for three of the four units.
Listing Agents
Dan Shepherd

O: 773-305-4842
danshepherd@essexrealtygroup.com
Jamie Steinher
Essex Realty Group
O: 773-305-4916
jaimiesteinher@essexrealtygroup.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1547 West Walton Street

Chicago, IL 60642

Listing ID: 236233
Call for Pricing
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 4,000
1547 West Walton Street Chicago, IL 60642 | for Sale | Photo 1
Description

Essex Realty Group, Inc. is pleased to exclusively offer for sale 1547 W. Walton St. ("the Property"), a legal 4-unit apartment building located on the border of Noble Square and Ukrainian Village in West Town. The Property is situated steps from multiple CTA bus stops, 0.3 miles from the Division Street Blue Line CTA station, and 0.2 miles from the thriving restaurant and bar scene along Chicago Avenue.

1547 W. Walton St. is comprised of three (3) 3Bd/2Ba apartments and one (1) 2Bd/2Ba garden apartment. The building systems include 200 amp electric service to each apartment, copper plumbing, and a brand new roof with a transferable warranty. Each unit is equipped with individual HVAC, individual hot water tanks, stackable in-unit laundry, hardwood floors, fireplaces, and kitchens with granite countertops, tile backsplashes, and built-in wine racks. Three of the four units also have stainless steel appliances, storage units, and assigned exterior parking spaces.

The Property presents investors and owner-occupants with the opportunity to acquire a 100% occupied, renovated property in the desirable community of West Town. There are also multiple strategies to increase income over time. For example, three bedroom layouts at the property are renting for an average of $2,233/month, while comparable nearby units are renting for $2,600/month. Other opportunities to increase income include charging for the tandem parking spaces and storage units that are currently included in the rent for three of the four units.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Chicago History of Multifamily Housing for Sale

Chicago Area Market Trends

Listing Demographics for 1547 West Walton Street Chicago, IL 60642

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population54,415532,6071,162,013
Population Median Age343636
Population by Age0-9 Yrs5079 (9%)47491 (8%)121435 (10%)
10-19 Yrs2228 (4%)38069 (7%)104499 (8%)
20-29 Yrs15457 (28%)138843 (26%)260503 (22%)
30-39 Yrs16641 (30%)125781 (23%)243763 (20%)
40-49 Yrs6357 (11%)60463 (11%)140862 (12%)
50-59 Yrs4053 (7%)47553 (8%)117805 (10%)
60-69 Yrs2774 (5%)41186 (7%)96591 (8%)
70+ Yrs1825 (3%)33221 (6%)76554 (6%)
Median HH Income$113,370$97,850$78,055
Total Household Income< 24K2776 (11%)40187 (15%)96859 (19%)
25-49K2363 (9%)28317 (11%)78235 (15%)
50-74K3127 (12%)32231 (12%)70597 (13%)
75-99K2815 (11%)30134 (11%)57708 (11%)
100-199K8585 (34%)73820 (28%)124708 (24%)
200K+5479 (21%)51872 (20%)77383 (15%)
Highest Education LevelNo Diploma214224883103987
Diploma or GED364039340128938
Some College444341507104905
Assoc. Degree14281345335166
Bachelors Degree20447158471263919
Higher Degree12147124286203146
Total Housing Units27,222292,467572,620
--Owner-Occupied9,950102,321201,129
--Renter-Occupied15,194154,240304,361
Owner-Occupied Values< 100K9524768454
100-199K165616724896
200-299K8931644839579
300-399K19571748335009
400-499K20561538025985
500K+47854436767207
Total Working Age Population47,994465,215980,168
In Work Force40,643352,843705,320
Not In Work Force7,352112,372274,847
Workforce Employed39,531338,500669,084
Workforce Unemployed1,11114,10835,872
Civlian Workforce40,642352,608704,957
Military Workforce1235364
Total Households25,145256,561505,490
Family Households9,895100,033228,309
Non-Family Households15,250156,529277,182
Married Couple7,66475,605157,449
Other Family2,23124,42770,860
Married w/Child2,84725,75759,221
Single Male w/Child3072,2466,399
Single Female w/Child6078,82325,869

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Illinois12,419,293+312,830,632+1214,316,487+615,138,849
Cook County5,376,741-35,194,675+105,707,832+55,990,243

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Chicago Midway International Airport (MDW) 9
Chicago O'Hare International Airport (ORD) 13
South Bend Regional Airport (SBN) 71
Listing Agent
Listing Co-Agent
Dan Shepherd - CRE Agent at Essex Realty Group

Jamie Steinher

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