Welcome to 2042 W. Walton, a rare value-add opportunity in the heart of Ukrainian Village — a true contractor’s dream on an extra-wide lot with the kind of upside that’s becoming harder and harder to find in Chicago. This 100+ year-old classic offers an expansive 8-bedroom, 3-bath layout and the flexibility to create something truly special, whether you envision a renovated three-unit investment property, a stunning duplex transformation, or a custom dream home with serious long-term value. With two of the three units already down to the studs, the stage is set for the next owner to bring the vision to life.

Set on a highly desirable, tree-lined block surrounded by renovated homes and new construction, this property sits in one of Chicago’s most sought-after neighborhoods for both lifestyle and appreciation. Ukrainian Village continues to attract buyers who want charm, walkability, and character — with quick access to Wicker Park, West Town, and some of the city’s best dining, boutiques, and neighborhood cafes. After-repair values in this area remain consistently strong, making this an ideal project for investors, rehabbers, or buyers looking to add significant equity.

The building offers strong bones, a great lot, and a blank slate layout that can be reimagined to maximize both function and return. A private backyard provides space to grill, garden, or create your own urban retreat, while a two-car garage adds convenience and resale appeal. A great long-term tenant is already in place, offering stability as you plan your renovation and value strategy.

Opportunities like this don’t come around often — especially in Ukrainian Village. Whether you’re building your next investment, creating your forever home, or exploring opportunities beyond South Loop real estate, let’s tour the possibilities together. Schedule your private showing and start building your next great Chicago property.