2738 W  Balmoral Ave, Chicago, IL 60625
SOLDMAR 26, 2024

2738 W Balmoral Ave
Chicago, IL 60625

Budlong Woods
  • 6 Beds
  • 4 Baths
  • 6 Beds
  • 4 Baths

$655,000

Last Sold: Mar 26, 2024
9% below list $720K
Est. Refi. Payment $4,611/mo*

Homes for Sale Near 2738 W Balmoral Ave

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 27, 2024
Back on the market, the buyer changed their mind, however, an opportunity exists for you to own so this solid yellow brick building with a total area of 4,515 sq. ft. and sits on an oversized Chicago lot of 5,007 sq. ft. in the Budlong Woods/Lincoln Square area. The building consists of two units. Units 1 and 2 are both 1,350 sq. ft. and have three bedrooms, two full bathrooms, and a large living room with expansive picture windows. The first and second-floor units have generous kitchens with ample-sized dining rooms. The garden/in-law unit has two bedrooms, one full bathroom, a kitchen, and a living room. The building has a total of eight bedrooms and five full bathrooms, and all kitchens feature separate eating areas. The images displayed are of Unit 2, which has newly installed vanities, medicine cabinets, soft-close Kohler toilets, and new lighting in both bathrooms. The kitchen has solid wood cabinets, a pantry closet, laminate tile flooring, a new Whirlpool stainless steel refrigerator, and a new Samsung self-clean gas range. The unit was freshly painted in 2022, and most rooms have new lighting, while all rooms in Unit 2 have new blinds. The first-floor unit has a similar floor plan and a long-term tenant. It is equipped with central air conditioning and has hardwood floors in the living room, dining room, and bedrooms. The garden/in-law apartment, which is almost at ground level, is currently vacant and features full-size windows, a living room with a large picture window, a kitchen with an eating area, two large bedrooms, and a good-sized bathroom. The building has a great outdoor porch space for Units 1 and 2, perfect for summertime enjoyment. There are three parking spaces, one per unit off the alley, and separate utilities except water. The building has installed two new Rheem water heaters in the last 3-9 months. Units 2 and the garden unit require window air conditioners. While rents are currently under market value, this property represents a great opportunity to purchase a value-add asset. However, neither the owner nor the broker represents the legality of the garden/in-law unit. The building is sold in "AS IS" condition. It is conveniently located near transportation, shopping, restaurants, hospitals, schools, River Park with an athletic center, and many other amenities.

Home Highlights

Parking
3 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
150 days ago

Home Details for 2738 W Balmoral Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: FullNumber of Rooms: 19
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 5
Appliances & Utilities
Appliances: Multiple Water Heaters
Heating & Cooling
Heating: Natural Gas,Forced Air,Baseboard,Sep Heating Systems - 2+Has HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Window: Storms/Screens

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Parking Spaces: 3Parking: Assigned,Off Alley,Alley Access
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 13122130690000Model Home Type: 2FLAT

Price & Status

Price
List Price: $719,900
Status Change & Dates
Off Market Date: Sat Feb 10 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Chicago
School Information
Elementary School District: 299Jr High / Middle School District: 299High School District: 299

Agent Information

Buyer Agent
Buyer Company Name: The RELUX Group

Building

Building Details
Builder Model: 2FLAT

Community

Community Features: Park, Curbs, Sidewalks, Street Lights

Lot Information

Lot Area: 5007 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Compensation

Buyer Agency Commission: 2.5%-$495Buyer Agency Commission Type: See Remarks:
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11939746

Additional Information

ParkCurbsSidewalksStreet LightsMlg Can ViewMlg Can Use: IDX
Last check for updates: 1 day ago
Listed by Stella Petridis, (847) 877-8062
Procure Realty Group
Bought with: Santiago Valdez, (312) 774-4936, Compass
Source: MRED as distributed by MLS GRID, MLS#11939746

Price History for 2738 W Balmoral Ave

DatePriceEventSource
03/26/2024$655,000Sold
MRED as distributed by MLS GRID #11939746
03/03/2024$719,900PendingMRED as distributed by MLS GRID #11939746
02/11/2024$719,900ContingentMRED as distributed by MLS GRID #11939746
02/03/2024$719,900PendingToActiveMRED as distributed by MLS GRID #11939746
01/24/2024$719,900ContingentMRED as distributed by MLS GRID #11939746
01/11/2024$719,900PriceChange
MRED as distributed by MLS GRID #11939746
12/01/2023$759,900Listed For SaleMRED as distributed by MLS GRID #11939746

Comparable Sales for 2738 W Balmoral Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.32
Multi-Family Home
$799,000
04/15/24
8
4
-
0.49
Multi-Family Home
$650,000
06/26/23
6
4
-
0.35
Multi-Family Home
$700,000
07/31/23
9
6
-
0.19
Multi-Family Home
$500,000
12/04/23
4
2
-
0.44
Multi-Family Home
$670,000
01/22/24
9
3
-
0.49
Multi-Family Home
$570,000
02/05/24
6
3
-
0.41
Multi-Family Home
$665,000
07/24/23
4
3
-
0.34
Multi-Family Home
$850,000
10/24/23
9
3
-
0.56
Multi-Family Home
$735,000
05/31/23
7
4
-

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Budlong Woods

  • Trulia User
    "I don’t think we have any problems with the way this area has changed for theBetter I worked as an engineer in the area 7 years ago. I have a dog .owners want a dog park . A place to meet & Greet. Friendlier & cleaner For Everone…"
    2
    Flag
  • Trulia User
    "However it looks out for one another in this particular neighborhood nice old neighbor that has the house up to the time "
    1
    Flag
  • Albertora1970
    "Great area to live with you children, quiet and safe to walk with your dog, close to the stores, pharmacy, restaurants and amazing schools."
    1
    Flag
  • Rogers.elisabeth
    "every halloween, the local kids trick or treat! our neighbors are super friendly and we would regular get togethers in the summer. we’ve all come together to help those in need during the shelter-in-place order that’s happening. love this neighborhood and everyone in it!"
    0
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  • Amanda
    "I’ve lived in this neighborhood for five years. It is a quiet area and friendly neighbors. Neighborhood is nice for walks."
    5
    Flag
  • Jeanette F.
    "Western is a dangerous street, watch your kids. Other than that it is a good neighborhood to raise kids."
    1
    Flag
  • Trulia User
    "I drive and my commute to work is much easier! I love living here and enjoy the neighborhood! I would recommend this area "
    0
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  • Eileen M.
    "Lovely parks make this a great place for dogs. This is a great place for pets. We also love the river and quiet neighbors."
    0
    Flag
  • Stefan R.
    "The neighborhood safe with a police station really close by and has almost every kind of food Eatery you can imagine."
    0
    Flag
  • Clairissap
    "It’s quiet, some of the shopping areas are a little run down on Lincoln Avenue but it’s not a pretentious area and feels quite down to earth and friendly. "
    5
    Flag
  • Clairissap
    "It’s a family friendly area. Very quiet and residential. There are nice parks. Not much retail. Swedish Covenant Hospital is very convenient and in the neighborhood. "
    2
    Flag
  • Cantero g.
    "It’s calm. And people around here are friendly. There’s stores & restaurants close to me I can walk and be there in like 5 mins. "
    7
    Flag
  • Clairissap
    "It’s a mish mash of different housing styles, prices, ethnicities, income brackets and the schools are good. It’s slowly being gentrified even the less hip areas. That’s the downside."
    2
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 2738 W Balmoral Ave

Off Market Homes Near 2738 W Balmoral Ave

2738 W Balmoral Ave, Chicago, IL 60625 is a 6 bedroom, 4 bathroom multi-family built in 1953. 2738 W Balmoral Ave is located in Budlong Woods, Chicago. This property is not currently available for sale. 2738 W Balmoral Ave was last sold on Mar 26, 2024 for $655,000 (9% lower than the asking price of $719,900). The current Trulia Estimate for 2738 W Balmoral Ave is $660,200.