1941 W Balmoral Avenue
Chicago, IL 60640
- 9 beds
- 5 baths
- – sqft
- 3,125 sqft lot
- 1908 build
- – on site
More homes
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, and (1) 3-bed / 2-bath duplex-down 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!
Last checked:
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Last updated Mar 15, 2025
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MLS# 12221311 —
The Building
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Year Built:1908
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Rebuilt:No
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New Construction:false
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Roof:Flat
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Basement:Full
Interior
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Rooms Total:18
Location
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Directions:From Foster, North on Damen, East on Balmoral to Property
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Location:86545
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Location:86545
The Property
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Parcel Number:14072100120000
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Property Type:Residential Income
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Location:N
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Lot Features:Corner Lot
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Lot Size Dimensions:25 X 125
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 788-9379
- Office phone:
- (312) 788-9379
Taxes
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Tax Year:2023
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Tax Annual Amount:12114.43
Beds
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Bedrooms Total:9
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Bedrooms Possible:9
Baths
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Baths:5
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Full Baths:5
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/15/25
Jan 15, 2025
|
Sold | MRED | $1,040,000 | -1.0% |
12/9/24
Dec 9, 2024
|
Sold Subject To Contingencies | MRED | $1,050,000 | |
12/5/24
Dec 5, 2024
|
Listed / Active | MRED | $1,050,000 |