1351 W Balmoral Ave - Multi-Family FOR SALE


Chicago, IL 60640- Andersonville
$850,000 USD
773-472-0200
1351 W Balmoral Ave, Chicago, IL for Sale
$850,000 USD
Multi-Family - FOR SALE
1/16
null | Request Cap Rate

1351 W Balmoral Ave
Chicago, IL 60640
Andersonville


OVERVIEW

This stately brick four-flat sits on the most coveted corner 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—bringing projected total rents to $8,000–$10,000 per 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!

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

4

PRICE/UNIT

$212,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Randy Nasatir@propertiesMore Info
773-472-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Randy Nasatir@propertiesMore Info
773-472-0200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.