1321 Balmoral Avenue Westchester, IL $ 729,900
1321 Balmoral Avenue
$ 729,900
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1321 Balmoral Avenue

Westchester, IL, 60154
$ 729,900
Bedrooms8 Baths4.0 Sq 4,000

Monthly Estimate*

$ 4,851

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Multi-Family Home for sale in Westchester, IL

for $729,900 with 8 bedrooms and 4 full baths. This 4,000 square foot home was built in 1960 on a lot size of 0.44.

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.)

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Multi-Family Contingent

Price

$ 729,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 15,880

Style

Lot Size

0.44

Year Built

1960

Town/City

Westchester

County/Region

Cook

MLS | Web ID

12030967

Features
Exterior
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
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General
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 N
Property Type Residential Income Two to Four Units
Contingency Financing
Total Rooms 20
Status Contingent
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 N
Street Name Balmoral
Tax Annual Amount 15880.19
Electric Expense 360
Fuel Expense 960
Trash Expense 600
Water Sewer Expense 2400
Days on Market 51
Standard Status Active Under Contract
Middle/Junior School District 92.5
Elementary School District 92.5
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Interior
Basement Full Unfinished
Street Suffix Avenue
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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* Excluded Features
List By
Century 21 Circle

Broker

lisakeat@aol.com

Email

Affordability Calculator

$6,174
Per Month
79%
21%
0%
Monthly Principal & Interest
$4,851
Monthly Property Taxes
$1,323
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
564958 Elementary School
567770 Middle School
Proviso West High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2024$729,900 Listed Price

Map


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1321 Balmoral Avenue, Westchester, IL, 60154 is a Multi-Family Home for sale at $729,900 with 4,000 sqft and a lot size of 0.44. 1321 Balmoral Avenue has 8 bedrooms, 4.0 baths, and was built in 1960. The property's zip code is 60154 which is in Westchester, IL