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Walk-Up Multifamily Building
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1428 W Walton, Chicago, IL 60642

8-unit walk-up building converted to condos around 2006, with 3 exterior parking spots.

Property SizeContact for details
Days on Market123

Property Features for 1428 W Walton

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 8

Building Details

Year Renovated 2006
Listing Agency: 33 Realty LLC
Listed By: Sean Connelly · License #IL 481011345
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 5:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 33 Realty LLC

Investment Insights

Based on property information with market context.

This 8-unit walk-up multifamily building presents a condo deconversion acquisition opportunity. The property was converted to condos around 2006 and is described as being in great shape. A purchaser would have the opportunity to acquire all 8 units along with 3 exterior parking spots and dissolve the condo association to operate the building as an apartment deal.

Located in Noble Square on Chicago’s North Side, the building is positioned steps from shopping, restaurants, and entertainment, with easy access to the expressway and the “L.”

The current configuration is an 8-unit structure with exterior parking for three vehicles.

Key Highlights

  • 8‑unit walk‑up condo deconversion building in Chicago’s Noble Square area
  • Converted to condos around 2006
  • Includes 3 exterior parking spots

Property Analytics

Current Use

Joomla Installers Furniture & Home Goods

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Tanning Salon Adult Day Care Bed & Breakfast Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,108
Businesses Nearby

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 8-unit walk-up building converted to condos around 2006, with 3 exterior parking spots.
Where is this apartment building located?
The property is located at 1428 W Walton Chicago, IL.
What are key features of this property?
This property features: 8‑unit walk‑up condo deconversion building in Chicago’s Noble Square area; Converted to condos around 2006; Includes 3 exterior parking spots
(847) 651-5868 Call to check price and availability
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