Address
1321 Balmoral Avenue, Westchester, IL
Price
$ 729,900
Property Attributes
  • MLS#12030967
  • TypeMulti-Family
  • CountyCOOK
  • CityWestchester
  • AreaWestchester
  • NeighborhoodSeminary District
  • Zip60154
  • Style
  • Year Built1960
  • Taxes$ 15880
  • Price$ 729,900
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size0.44 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Here a perfect oppptunity to own a fabulous apartment building with this Baltis built 4 unit that has a 4 car garage! These good size units are all 5 rooms, 2 bedrooms (with closets) & 1 bath. Dimensions of units rooms: LR 16x16, DR 14x10, KIT 12x10, BR 13x12, & BR 12x11. Each unit has extra closets with 1 hallway walk in & its own GFA/CAC & Electric Panel Box. Tenants pay their own Gas, Electric & Heat. The GFA units were installed in 2022. There is a separate Electric panel box for the common area electric. Owner pays for common electric, water & gas to heat the HWT. Tenants are currently allowed to install their own Washer/Dryer in their side of the basement hooking up to their gas/electric & building water. Basements are separate for the North & South Sides of the building. There are storage rooms assigned to each unit in the corresponding side of the basement. 1 HWT 75gal installed 2019. Windows in Hallways replace 8-9yrs ago. Each unit has an exterior parking space in the rear parking area, plus there are 2 additional parking spots. Huge yard with extra large concrete patio area. The roof on the building is 12yrs old. The heated 4 car garage is 35yrs old with the roof & GFA/CAC replaced appx 5yrs ago. Please note: Building has been in same family for over 30yrs & Current rents are BELOW area market plus the 4 car garage could be leased for additional income. Seller offering HWA Home Warranty Gold Level Policy for a 4Plex. Building Intercom does not work & is AS IS. Building is fully leased with So much more potential income!!! Come take a look & make this yours today! (No Videos or Pictures allowed to be taken in apartments.)

High School
Proviso West High School
Price History
4/19/2024 Listed $729,900

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air
Possession Tenant's Rights
Roof Asphalt
Exterior Features Patio
Garage Spaces 4
Year Built 1960
Township Proviso
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 66600
Community Features Curbs,Sidewalks,Street Lights,Street Paved
County Cook
Net Operating Income 41049
Insurance Expense 4600
New Construction No
Property Type Residential Income
Total Rooms 20
Status Active
Directions Roosevelt to Balmoral Ave - South to Building. Balmoral is under construction & only allowing traffic heading south at this time. Go to Building driveway and park in front of garage doors not in ten
High School Proviso West High School
City Westchester
High School District 209
MLS Area Westchester
Waterfront Y/N No
Street Name Balmoral
Tax Annual Amount 15880.19
Electric Expense 360
Fuel Expense 960
Trash Expense 600
Water Sewer Expense 2400
Days on Market 21
Standard Status Active
Middle/Junior School District 92.5
Elementary School District 92.5
Property Type Two to Four Units

Interior Features

Basement Full
Street Suffix Avenue
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Basement Unfinished
Full Baths Building 4
Total Number of Units 4

Exterior Features

Model 4 UNIT
Parking Features Off Street,Driveway,Parking Lot
Water Source Lake Michigan
Total Parking 10
Lot Dimensions 100X191
Lot Size Acres 0.44
Other Equipment CO Detectors,Ceiling Fan(s),Sump Pump,Water Heater-Gas
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60154

Price
AVG $730K
$730K
Taxes
AVG $15,880
$15,880
Visits
AVG 69
69
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1960

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