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Multifamily

227 East Walton Place

227 E Walton Pl, Chicago, IL 60611

Listing Price: Request For Offer

Number of Units
25
Gross SF
32,350

Investment Overview

Marcus & Millichap is proud to present 227 East Walton Place, located in the highly desirable Streeterville neighborhood of Chicago, Illinois. The subject property consists of 25 units and 19 parking spaces. Each unit has an additional private storage unit in the basement. 24 of the 25 units have been completely renovated, a majority of which within the last three years. They feature granite countertops, stainless steel appliances, hardwood floors, floor-to-ceiling windows, and each unit now has in-unit stacked laundry. The common areas have been updated, including a new glass railing on the roof deck, and updated elevator lobbies. This property is well-located near public transportation and Lake Shore Drive, making for an easy commute in and out of the downtown area. It is also within walking distance of Magnificent Mile and the Oak Street Beach, which draws more people to the area. The subject property is located one block from Lake Shore Drive and the Lakefront Trail. The property is also a two-minute walk to Chicago Transit Authority’s (CTA) 157 bus, a four-minute walk to CTA’s 143, 146, 147, 148, and 151 bus stops. Streeterville boast a range of dining options, from the four-star international restaurants to pubs. There is a lot to see and do the in the area, including Navy Pier, which is filled with amusement rides, gift shops, eateries, and the docks are filled with sightseeing boats. During the summer, there is a beer garden and fireworks twice a week. Aside from Navy Pier, Chicagoans living in Streeterville are also within walking distance of Oak Street Beach and the Museum of Contemporary Art. This walk-to-work neighborhood is ideal for Chicagoans that work and go to school downtown and want to be downtown with easy access to the Lakefront Trail and beach.

Investment Highlights

  • High-Demand Streeterville Location Area in Downtown Chicago
  • 25 Units and 19 Parking Spaces
  • Mix of One and Two-Bedroom Units
  • Extensive Renovations to Units and Common Areas

Exclusively Listed By

  • Kyle A. Stengle

    Senior Managing Director Investments

    (312) 327-5455

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

Multifamily

227 East Walton Place

Listing Price: Request For Offer

Number of Units
25
Gross SF
32,350

Investment Highlights

  • High-Demand Streeterville Location Area in Downtown Chicago
  • 25 Units and 19 Parking Spaces
  • Mix of One and Two-Bedroom Units
  • Extensive Renovations to Units and Common Areas

Investment Overview

Marcus & Millichap is proud to present 227 East Walton Place, located in the highly desirable Streeterville neighborhood of Chicago, Illinois. The subject property consists of 25 units and 19 parking spaces. Each unit has an additional private storage unit in the basement. 24 of the 25 units have been completely renovated, a majority of which within the last three years. They feature granite countertops, stainless steel appliances, hardwood floors, floor-to-ceiling windows, and each unit now has in-unit stacked laundry. The common areas have been updated, including a new glass railing on the roof deck, and updated elevator lobbies. This property is well-located near public transportation and Lake Shore Drive, making for an easy commute in and out of the downtown area. It is also within walking distance of Magnificent Mile and the Oak Street Beach, which draws more people to the area. The subject property is located one block from Lake Shore Drive and the Lakefront Trail. The property is also a two-minute walk to Chicago Transit Authority’s (CTA) 157 bus, a four-minute walk to CTA’s 143, 146, 147, 148, and 151 bus stops. Streeterville boast a range of dining options, from the four-star international restaurants to pubs. There is a lot to see and do the in the area, including Navy Pier, which is filled with amusement rides, gift shops, eateries, and the docks are filled with sightseeing boats. During the summer, there is a beer garden and fireworks twice a week. Aside from Navy Pier, Chicagoans living in Streeterville are also within walking distance of Oak Street Beach and the Museum of Contemporary Art. This walk-to-work neighborhood is ideal for Chicagoans that work and go to school downtown and want to be downtown with easy access to the Lakefront Trail and beach.

Exclusively Listed By

  • Kyle A. Stengle

    Senior Managing Director Investments

    (312) 327-5455

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

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