1941 Balmoral Avenue, Lincoln Square, Chicago, Illinois 60640


$1,040,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 9
Baths: 0
Year Built: 1908
Property Taxes: $12,114
Days On Market: 379
Lot Size: 0,00
Map
Street View

Description

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!

Property Specifics

Multi-unit
1908
No
Cook
— / —
12221311
14072100120000

Property History

DATE: EVENT: PRICE: SOURCE:
15 Jan, 2025 Sold $1,040,000 MRED MLS
9 Dec, 2024 Under contract $1,050,000 MRED MLS
5 Dec, 2024 Listed for sale $1,050,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Finished,Exterior Access,Egress Window

Other Specifics

25 X 125
Not in DB

Tax History

Year Property Taxes
2025 $12,114

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Contact Agent

Listing Provided By

Triton Realty Group LLC