1321 Balmoral Avenue

Westchester, IL 60154

$729,900
Price
8
Beds
4
Baths
4,000 Sq. Ft.
$182 / Sq. Ft.
4,000
Sq. Ft.
$182
per Sq. Ft.

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...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.)
  1. Listed by Lisa Keating • Century 21 Circle

Property Details for 1321 Balmoral Avenue

Area
Westchester
Township
Proviso
Ownership
Fee Simple
Num Of Garage Spaces
4.0
Num Of Parking Spaces
10.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air

Location

Listing Courtesy of Century 21 Circle
Add your commute
LISTING UPDATED: 05/01/2024 05:58 PM

Property Details for 1321 Balmoral Avenue

StatusRe - Activated
MLS #12030967
Days on Market15
Taxes$15,880 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1960
Lot Size0.44 AC / 19,166 SF
CountyCook County

Location

Listing Courtesy of Century 21 Circle
Add your commute

Virtual Tour

Building Information for 1321 Balmoral Avenue

Stories-Residences4Year Built1960Building Size-Lot Size0.44 AC / 19,166 SF

Payment Calculator

$5,307 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,983

Property Taxes

$1,323

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1321 Balmoral Avenue

General Information
School Information
  • Elementary School District: 92.5
  • High School District: 209
  • High School: Proviso West High School
  • 2nd Alternate High School: Proviso Mathematics and Science Academy
  • Middle Or Junior School District: 92.5
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking Details: Off Street, Driveway, Parking Lot
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 6.0
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
Property/Lot Information
  • Exterior Property Features: Patio
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 100X191
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • General Information: Interstate Access
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-04-20T16:58:14
  • Photos Count: 48
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Other Media
Multi Family
Income & Expenses
  • Electric Expense: $360.00
  • Fuel Expense: $960.00
  • Gross Income: $66,600.00
  • Insurance Expense: $4,600.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Expense Source: Actual
  • Trash Expense Source: Actual
  • Trash Expense Year: 2023
  • Water Expense Source: Actual
  • Net Operating Income: $41,049.00
  • Trash Expense: $600.00
  • Water Sewer Expense: $2,400.00
  • Other Expenses $: 750
Unit 1
  • Unit Type Actual Rent: $1,312.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 5/24
Unit 2
  • Unit Type Actual Rent: $1,425.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 7/24
Unit 3
  • Unit Type Actual Rent: $1,407.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 12/24
Unit 4
  • Unit Type Actual Rent: $1,406.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 11/24

Property History for 1321 Balmoral Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1321 Balmoral Avenue

Taxable ValueLand$11,460Additions$40,591Total$52,051
Tax Record2022$15,880 ($1,323 / month)
Home Facts
Baths4Total Finished SqFt5,308 SqFtAbove Grade Finished SqFt5,308 SqFtStories2Lot Size19,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyCOOKAPN15-21-101-196

Schools near 1321 Balmoral Avenue

This home is within Proviso Twp Hsd 209 School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Westchester Primary School
PublicPK to 2

Westchester Intermediate School
Public3 to 5

Westchester Middle School
Public6 to 8

Proviso West High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1321 Balmoral Avenue is a multi-family home for sale in Westchester, IL 60154. This property was listed for sale on April 17, 2024 by Century 21 Circle, it's currently listed at $729,900. This listing's school districts are Proviso Twp Hsd 209 School District, Westchester School District 92-5. Nearby schools include Westchester Primary School, Westchester Intermediate School and Westchester Middle School. 1321 Balmoral Avenue is a 8-bed, 4-bath, 4,000 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Circle

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/01/2024 05:58 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.