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$1,050,000
16 Days On Site

1941 W Balmoral Avenue
Chicago, IL 60640

For Sale|Multi Family|Active Under Contract
9
Beds
5
Full Baths
0
Partial Baths

SqFt

/SqFt
1908
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Triton Realty Group LLC
Call Now: 312-767-7744
Is this the home for you? We can help make it yours.
312-767-7744
1941 W Balmoral Avenue1941 W Balmoral Avenue1941 W Balmoral Avenue1941 W Balmoral Avenue
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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!

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Listing Snapshot
Price 
$1,050,000
Days On Site 
16 Days
Bedrooms 
9
Inside Area (SqFt) 
N/A
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1908
MLS® Number 
12221311
Status 
Active Under Contract
Property Tax 
$12,114.43
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active Under Contract
2 weeks agoListing first seen on site
General Features
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Interior Features
Basement 
FinishedFull
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner Lot
Roof 
Flat
Community Features
MLS Area 
CHI - Lincoln Square
School District 
299
Township 
Lake View
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Triton Realty Group LLC



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. 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.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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