Date
Details
Price
Change
Source
8/27/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/44
$2,000,000
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Property Description
2500 W Walton features a brick 6-unit residential building with significant value-add potential. The property includes five 2-bedroom units and one 3-bedroom unit. Two units are currently occupied at below-market rents, while four units are vacant, providing an incoming owner the opportunity to renovate, reposition, and lease at current market rents. 2504 W Walton is a standard 25' x 125' adjacent lot improved with a brick garage, offering additional rental income potential. Excellent West Town location near dining, public transportation, parks, and neighborhood amenities. Properties are being sold together strictly AS-IS, WHERE-IS. Seller and listing broker make no representations or warranties regarding zoning or code compliance, legal use or unit count, or the future development or independent buildability of 2504 W Walton. Buyer is solely responsible for conducting all due diligence and verifying zoning, permitted use, development potential, and applicable municipal requirements prior to purchase.
Full Property Details
Full Property Details for 2500 W Walton St
General
- Price: $2,000,000
- Taxes: $25,879 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12749048
Interior
- Basement: Partially
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Western Ave north or south to Walton St, then west to the property.
- Location Details: Corner
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Trash: 1440
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished
- Stories/Levels: 3
- Square Feet: 5,973
- Current Bldg. Use: Multi-Family
- Year Built: 1908
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,250
- Lot Dimensions: 50 x 125
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $6,500
- Operating Expenses: $36,375
- Assessment Year: 1908
- Tax Amount: $25,879.19
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 408
- Pays Trash: 1440
Disclosures and Reports
- Property ID: 16014190450000
Listed by Duarte Realty Company
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Listing agent
— 2500 W Walton St —
Duarte Realty Company
NMLS#: 1598647
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Schools
Schools serving 2500 W Walton St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Chopin Elementary School 2450 West Rice Street, Chicago, IL 60622 | PK-8 | 0.1 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2500 W Walton St
Tax History
Tax History for 2500 W Walton St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,482
—
$112,000
14%
2023
$5,482
-73%
$97,999
—
2022
$20,157
285%
$97,999
—
2021
$5,233
-3%
$97,999
36%
2020
$5,400
—
$71,959
-12%
2019
$5,384
2%
$81,772
—
2018
$5,303
-7%
$81,772
62%
2017
$5,678
-6%
$50,559
—
2016
$6,012
4%
$50,559
—
2015
$5,778
1%
$50,559
40%
2014
$5,728
—
$36,115
—
2013
$5,749
1%
$36,115
—
2012
$5,713
—
$36,115
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2500 W Walton St
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- Single Family
- Active
- Updated 3 days ago
- 6Beds
- 3Total Baths
- 1,896Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 915Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 6Beds
- 3Total Baths
- 3,750Sq. Ft.
- Single Family
- Active
- Updated 47 minutes ago
- 3Beds
- 3Total Baths
- 845Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 6Beds
- 2Total Baths
- 1,800Sq. Ft.
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2500 W Walton Street, Chicago, IL 60622 (MLS# 12749048) is a Commercial property. 2500 W Walton Street is currently listed for $2,000,000 and was received on August 27, 2026. Want to learn more about 2500 W Walton Street? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.