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1351 W Balmoral Avenue Chicago, IL 60640
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Key Details
Sold Price $1,005,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12302130
Sold Date 05/02/25
Bedrooms 8
Year Built 1913
Annual Tax Amount $16,457
Tax Year 2023
Lot Dimensions 30X123
Property Sub-Type Two to Four Units
Property Description
This stately brick four-flat sits on the most coveted corner at Glenwood & Balmoral in the heart of Andersonville! Lovingly maintained for generations, it exudes charm at every turn. This extraordinary value-add opportunity is truly once in a lifetime. All units feature hardwood floors, functional floor plans, and vintage details. The apartments allow for reconfiguration with the potential for a fifth apartment in the lower level. Rehabed total rental projections 8-15K a month. There is one garage spot, providing more income potential. Separate storage for each unit, a laundry area, and covered back stairs round out this impressive flat. Endless possibilities await the next steward of this magnificent property. It doesn't get better than this!
Location
State IL
County Cook
Rooms
Basement Partially Finished, Full
Interior
Heating Natural Gas, Radiant, Radiator(s)
Fireplace N
Exterior
Garage Spaces 1.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
Elementary Schools Peirce Elementary School Intl St
High Schools Senn High School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Roman Patzner • Fulton Grace Realty