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    2042 W Walton St Chicago, IL 60622

    New
    For Sale
    $1,450,000

    Residential Income - Chicago, IL

    Days on Market:
    4
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 2042 W Walton St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    17063190220000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1906
    Roof type
    Rubber
    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Thomas Campone (312) 216-2422 License #475168205

    Listing date Dec 2, 2025

    MLS# 12517120 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ukrainian Village Value-Add Opportunity

    Located in the heart of Ukrainian Village, this residential income property presents a value-add opportunity. Situated on a tree-lined block surrounded by renovated homes and new construction, the property benefits from a desirable location. The building requires a full renovation, making it suitable for investors, rehabbers, or buyers aiming to add equity. The property features strong structural elements and a flexible layout, offering the potential to reconfigure or restore. A private backyard provides space for outdoor activities, complemented by a two-car garage. The location is near boutique shops, award-winning restaurants, neighborhood cafes, parks, and transit options, combining residential tranquility with city access. This property offers a chance to transform a classic Chicago building and maximize long-term value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6788374
    Latitude
    41.8988813

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    FAQs

    What type of property is this?
    Single family property - Residential income property in prime Chicago location, ideal for renovation.
    Where is this single family property located?
    The property is located at 2042 W Walton St Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Extra wide lot in highly desirable Ukrainian Village location.; - Fantastic value-add opportunity with potential for significant equity gain through full renovation.; - Strong after-repair values consistently high in the area.
    (312) 216-2422
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    Chicago, IL 60622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2042 W Walton St Chicago, IL 60622
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