1351 W Balmoral AVE new

Chicago,IL 60640

$ 850000

8 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12302130

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 8-10K 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

Area Chi - Edgewater

Rooms

Basement Full

Interior

Heating Natural Gas,Radiant,Radiator(s)

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 1.0

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

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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