Closed

$1,050,000

1644 Balmoral Avenue, Chicago, IL 60640
8 Beds3 Baths8 days
1644 Balmoral Avenue·Chicago, IL 60640
8Bedrooms
3Bathrooms
1892Year Built
About This Home

Welcome to this beautiful Queen Anne Victorian multi-unit on an oversized 35 x 125 lot in the heart of the vibrant Andersonville neighborhood. This remarkable property boasts a total of 8 bedrooms and 3 baths divided into two oversized units and one legal airbnb. Each unit offers three generously sized bedrooms and a full bath, along with spacious living rooms, separate dining areas, ample storage, walk-in pantries, and modern kitchens. The enchanting first-floor owner's unit exudes timeless charm, featuring beautiful hardwood floors throughout, central HVAC for comfort, an updated kitchen, and the convenience of in-unit laundry. Original details such as pocket doors, ornate moldings, original built-ins, clawfoot tub, original stained glass windows, and lofty ceilings add character and sophistication. The bright second-floor unit presents an exceptional opportunity with a long-term tenant of over 10 years. Meticulously maintained and exquisitely presented, this unit exemplifies the pride of ownership. A recent addition to the property is the third-floor space, now functioning as a legal Airbnb unit, which effortlessly captures the essence of modern farmhouse design. This captivating area boasts one bedroom, an office/flex room housed within the home's turret, a convenient kitchenette, and an expansive living room. Its impeccable style is perfectly suited for those seeking an "instaworthy" retreat. The third floor holds tremendous potential for expansion by combining it with the second-floor unit, creating a magnificent owner's residence or maintaining its current status as a profitable Airbnb investment. The basement, while currently unfinished, offers ample ceiling height (duplex down potential) and incredible storage options. The outdoor space presents a true oasis with lush greenery and captivating perennials, providing an ideal setting for entertaining friends and family. Though a garage is not presently available, the property benefits from alley access, allowing for the addition of a garage if desired. The front porch exudes a magical charm, enhancing the home's remarkable curb appeal, while a quaint fenced front yard adds to the overall allure. This property presents a plethora of possibilities, whether you envision transforming it into a splendid single-family home, residing in one unit while renting out the other, or maintaining it as a lucrative income property. Its ideal location places you just steps away from the vibrant Andersonville neighborhood and the renowned Clark Street strip, which offers a plethora of one-of-a-kind shops such as Andersonville Galleria, Strange Cargo, Five Elements Home, Enjoy, Rayon, and a delightful array of local restaurants including Little Bad Wolf, Uvae, Lost Larsen, Lady Gregory's, Jen's Ice Cream, Calo Italian, A Taste of Heaven Bakery, Hopleaf, Land & Lake, Antiprima, and many more.

MLS# 11833251Listed July 16, 2023Residential IncomeQueen Anne
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms8

Size & Structure

Year Built1892
Lot Size35X125

Location

CountyCook
TownshipLake View
Zip Code60640

Financial

List Price$1,050,000
Annual Taxes (2021)$12,871
Monthly Tax Est.$1,073
Parcel #14072090330000
Interior Features

Appliances

Humidifier

Heating

Natural Gas

Basement

UnfinishedDaylight
Exterior & Lot

Construction

Fiber Cement

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic
Schools
Elementary
Chappell Elementary School
District: 299
Middle School
Chappell Elementary School
District: 299
High School
Amundsen High School
District: 299
Tax & Financial
Annual Taxes
$12,871
Tax Year 2021
Monthly Tax Est.
$1,073
per month
Property Location

1644 Balmoral Avenue, Chicago, IL 60640Cook County

$1,050,000
1644 Balmoral Avenue
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
35X125
$12,871/yr taxes
$6,591
estimated monthly payment
Principal & Interest
$5,518/mo
Property Tax
$1,073/mo
$1,050,000
20% — $210,000
3%50%
6.875%
3%12%
Loan Amount
$840,000
Down Payment
$210,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Juliana Yeager
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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