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$1,050,000
9
beds
5
baths

1941 W Balmoral Avenue
Chicago, Illinois 60640

Contingent / MLS #12221311 / Multiple Unit (2-4) / Lincoln Square
Listing information updated 12/9/2024 at 6:23pm
Rare legal 4-unit opportunity in Andersonville/Bowmanville. This neighborhood is not only one of the COOLEST in the United States, but also in the world according to TimeOut. Renovated in 2014, the property features (4) beautifully updated units, including (3) 2-bed /1-bath apartments, (1) 3-bed / 2-bath duplex-down apartment, and (1) additional fifth non-conforming 1-bed / bath garden apartment. Each unit boasts modern kitchens with granite countertops, stainless steel appliances, and separate furnaces. Additional capital improvements include a new porch (Sept. 2024), tuckpointing, and building owned laundry. With a total in-place rental income of 103,260/year (8,605/month), this property offers both immediate returns and potential for growth by adding central AC and/or in-unit laundry. The building sits on the corner of a quiet tree-lined street with single family homes, well-manicured lawns, community gardens and green space. You will always find something to do in this neighborhood. Walk out your door and you can try some of Chicago's best local brews at Half Acre and Spiteful Brewery. Clark Street's fabled "restaurant strip" is a short walk away with Hopleaf Bar, epic brunch spot m. henry and some of the city's best comfort food at Big Jones. Don't miss out on this exceptional investment or live-in opportunity in a thriving Chicago community!
Exterior Type:
Brick
Basement:
Finished,Exterior Access,Egress Window
Beds Above Grade:
9
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
100+ Years
Roof Type:
Flat
Parking Type:
None
Room Count:
18
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$12,114
Tax Year:
2023
Zip Code:
60640
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Triton Realty Group LLC

Listing Office Phone: 312.788.9379

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/9/2024 at 6:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Lincoln Square

Lincoln Square, IL

Lincoln Square exudes both trendiness and old-world charm. The community has a number of popular restaurants and bars, while Lincoln Avenue offers an eclectic mix of sophisticated eateries, corner cafes, and favorite neighborhood hangouts. Centered around a bustling shopping and dining district on C...

CTA

CTA
Brown line at Damen
CTA
Red line at Berwyn

Metra

Metra
Union Pacific North line at Ravenswood Metra
$648,927
Average Sale Price
37
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1941 W Balmoral Avenue, Chicago, IL 60640

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1941 W Balmoral Avenue is a multiple unit (2-4) currently listed at $1,050,000. 1941 W Balmoral Avenue features 9 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since December 5th, 2024 and was built in 1908. The nearest transit stops include Damen CTA Brown line and Ravenswood Metra Metra Union Pacific North line.

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