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  • $1,200,000

    1644 W Balmoral Ave, Chicago, IL 60640

    8beds
    --sqft
    Multi Family
    Built in 1892
    -- sqft lot
    $1,433,300 Zestimate®
    $--/sqft
    $2,681 Estimated rent

    Home value

    $1,433,300

    $1.33M - $1.53M

    $2,681/mo

    Zestimate® history
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    What's special

    Splendid single-family homeModern farmhouse designAmple ceiling heightOriginal built-insFlex roomRenowned clark street stripStrange cargo
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Juliana Yeager 773-732-1063,

    @properties Christie's International Real Estate,

    Benjamin Yeager 773-606-1966,

    @properties Christie's International Real Estate

    Bought with:

    Zachary Redden

    Redden+McDaniel

    Source: MRED as distributed by MLS GRID,MLS#: 11833251MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Sun Room
    Heating
    • Natural Gas
    Appliances
    • Included: Humidifier, Multiple Water Heaters
    Features
    • Basement: Unfinished,Daylight

    Property

    Lot
    • Size: 4,375 Square Feet
    • Dimensions: 35X125
    Details
    • Parcel number: 14072090330000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Queen Anne
    • Property subtype: Multi Family
    Materials
    • Fiber Cement
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1892

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Community
    • Security: Security System
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $960,000
    • Annual tax amount: $12,870
    • Date on market: 8/24/2023
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/30/2023Sold$1,200,000+14.3%
    Source: MRED as distributed by MLS GRID #11833251 Report a problem
    8/25/2023Pending sale$1,050,000
    Source: MRED as distributed by MLS GRID #11833251 Report a problem
    8/24/2023Contingent$1,050,000
    Source: MRED as distributed by MLS GRID #11833251 Report a problem
    8/24/2023Listed for sale$1,050,000+59.1%
    Source: MRED as distributed by MLS GRID #11833251 Report a problem
    9/25/2006Sold$660,000+291.7%
    Source: Public Record Report a problem
    8/16/1996Sold$168,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $96,000 +37.1%
    2023$13,510 +2.9%$70,000
    2022$13,131 +2%$70,000
    2021$12,871 +11.2%$70,000 +21.6%
    2020$11,576 -2.7%$57,550 -12%
    2019$11,899 +1.7%$65,398
    2018$11,697 +24.3%$65,398 +38.9%
    2017$9,412 +2%$47,097 -3.1%
    2016$9,230 +9.6%$48,582
    2015$8,422 +9.9%$48,582 +10.7%
    2014$7,665 +2.2%$43,879
    2013$7,502 +1%$43,879
    2012$7,426 -13%$43,879 -22.7%
    2011$8,541 +1.1%$56,744
    2010$8,445 +1.2%$56,744 -4.6%
    2009$8,347 +34.9%$59,462 +19.3%
    2008$6,188 +7%$49,849
    2007$5,781 +6.9%$49,849
    2006$5,407 -4.5%$49,849 +43.9%
    2005$5,659 +1%$34,630
    2004$5,602 +2.2%$34,630
    2003$5,480 -3.6%$34,630 +9.5%
    2002$5,684 +3.8%$31,636
    2001$5,478 +42.6%$31,636
    2000$3,841 -0.7%$31,636 +58.2%
    1999$3,867 $19,993
    Find assessor info on the county website

    Neighborhood: Andersonville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chappell Elementary School
    • Middle: Chappell Elementary School
    • High: Amundsen High School
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,433,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,433,300