$850,000
1351 W Balmoral Avenue
Chicago, IL, 60640
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!
Property Details
Price:
$850,000
MLS #:
MRD12302130
Status:
Active Under Contract
Beds:
8
Baths:
5
Address:
1351 W Balmoral Avenue
Type:
Multi Family
Neighborhood:
CHI – Edgewater
City:
Chicago
Listed Date:
Mar 4, 2025
State:
IL
ZIP:
60640
Year Built:
1913
Schools
School District:
299
Elementary School:
Peirce Elementary School Intl St
High School:
Senn High School
Interior
Heating
Natural Gas, Radiant, Radiator(s)
Exterior
Parking Spots
1
Financial
Tax Year
2023
Taxes
$16,457
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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1351 W Balmoral Avenue
Chicago, IL
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