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$425,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,600 Sq. Ft.
  • Updated 11 hours ago

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Open House: 11:00 AM - 1:00 PM

Saturday 2/21 11:00 AM - 1:00 PM

1040 W Balmoral Avenue #4B,Chicago, IL 60640

1040 W Balmoral Avenue #4BChicagoIL60640

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Tucked into a charming vintage courtyard elevator building just steps from Lake Michigan, this inviting 3-bedroom, 2-bath Edgewater condo offers classic character and an easy, light-filled lifestyle. The sun-drenched, south-facing living room glows throughout the day, creating a warm and welcoming space for morning coffee, quiet evenings, and effortless entertaining. Three comfortable bedrooms provide flexibility for guests, work-from-home, or restful retreats, while two full baths add everyday ease. The kitchen features ample cabinetry and opens to a private back deck-perfect for grilling after a day at the beach or unwinding on summer nights. Timeless vintage details, a thoughtful layout, and an unbeatable location near the lakefront, beaches, parks, dining, and transit make this a truly special Edgewater home.

Full Property Details for 1040 W Balmoral Ave #4B

General

  • Price: $425,000
  • HOA FEE: $731/month
  • Taxes: $5,439 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12554988
  • Updated: 2/20/2026
  • Added to Site: Today

Interior

  • Basement: None
  • Interior Features: Storage
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Separate Shower, Soaking Tub

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, Sundeck, Service Elevator(s)
  • Equipment: Intercom, Ceiling Fan(s)
  • Other Features: Commuter Bus, Commuter Train

Exterior

  • Exterior Features: Balcony, Roof Deck

Location

  • Area: CHI - Edgewater
  • County: Cook
  • Township: Lake View
  • Driving Directions: Broadway to Balmoral. Go two blocks east to property. Balmoral is a one-way going east. Located at the northwest corner of Balmoral and Kenmore.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: The Building Group

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Steam, Radiator(s)

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public
  • Onsite: Cable Available

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 4
  • Stories/Levels: 6
  • Square Feet: 1,600
  • Sq. Ft. Source: Estimated
  • Year Built: 1921
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 38

Lot Features

  • Lot Dimensions: COMMON
  • Lot Features: Common Grounds

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $731
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1921
  • Tax Amount: $5,439.16
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 14082050251010
Buyer's Brokerage Compensation: Contact Listing Agent
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— 1040 W Balmoral Ave #4B —

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Schools serving 1040 W Balmoral Ave #4B

School District:Chicago Public School District 299
NameGradesDistance
Goudy Technology Academy
5120 North Winthrop Avenue, Chicago, IL 60640
K-80.3 mi
Senn High School
5900 North Glenwood Avenue, Chicago, IL 60660
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1040 W Balmoral Ave #4B Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$425,000
46.55%
MLS
3/11/2021
Sold
$290,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1040 W Balmoral Ave #4B

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,431
3%
$20,999
—
2022
$4,319
22%
$20,999
—
2021
$3,553
-11%
$20,999
—
2020
$3,975
1%
$20,946
-9%
2019
$3,922
309%
$22,948
—
2018
$960
-9%
$22,948
91%
2017
$1,052
-45%
$12,044
—
2016
$1,912
11%
$12,044
—
2015
$1,726
-25%
$12,044
-19%
2014
$2,289
3%
$14,906
—
2013
$2,233
—
$14,906
—
2012
$2,227
—
$14,906
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1040 W Balmoral Avenue #4B, Chicago, IL 60640 (MLS# 12554988) is a Condo property with 3 bedrooms and 2 full bathrooms. 1040 W Balmoral Avenue #4B is currently listed for $425,000 and was received on February 20, 2026. This property is listed by Mary Summerville from our Evanston Office.Want to learn more about 1040 W Balmoral Avenue #4B? Do you have questions about finding other Condo real estate for sale in Edgewater? You can browse all Edgewater real estate or contact a Coldwell Banker agent to request more information.

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