2550 W Balmoral Avenue, Chicago, IL 60625 - Photo 1

1/1

$1,475,000

Sold
Closed
Multi-Family
11 Total Beds
3 Car Garage

1/1

Property Description

Wonderful 3-flat with an additional garden apartment in a desirable location. Stunning 3 apartments with 3 bedrooms/ 2 bathrooms and a garden apartment with 2 bedrooms/2 bathrooms in a fully rehabbed building offering spacious and open-concept floor plans designed for comfort and luxury. Step inside to discover a spacious living and dining area, a bright and airy space, and a modern open kitchen featuring a large peninsula, sporting high-end stainless-steel appliances, custom cabinets, and quartz countertops. Each unit features hardwood floors throughout, a master bedroom, plenty of closet space, and convenient high-end laundry in the unit, high efficiency, in-unit, forced air heat and air conditioning, high efficiency LED light fixtures, and a high-efficiency, tankless water heater. The property features a huge backyard for entertaining and grilling. Property offers a 3 car garage. Within walking distance to restaurants, shops, and public transportation. This building is a turnkey investment property, but would also be perfect for an owner occupant. This is a must see!

Full Property Details

Full Property Details for 2550 W Balmoral Ave

General

Sold For: $1,475,000
Taxes: $13,882 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12438237
Added to Site: 163 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 8

Bedrooms

Total Bedrooms: 11

Additional Information

Other Features: Commuter Bus

Parking

Garage: Yes
Garage Spaces: 3
Total Spaces: 3
Parking Features: On Site, Garage Owned, Detached, Garage
Parking On-Site: Yes

Location

Area: CHI - Lincoln Square
County: Cook
Driving Directions: North of Foster Ave or south of Bryn Mawr Ave on Lincoln Ave to Balmoral Ave west to building

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Lake Michigan, Public

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Finished, Full, Walk-Out Access
Year Built: 1930
Built Before 1978: Yes
Remodeled/Updated: 2023

Unit Information

Units in Building: 4

Lot Features

Lot Size Range: Standard Chicago Lot
Lot Dimensions: 30 x 124.7
Fence: Yes
Fencing (Description): Fenced

Financial Considerations

Assessment Year: 1930
Tax Amount: $13,882.28
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 13122150090000

Listed by American International Realty
Sold by Non Member

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— 2550 W Balmoral Ave —

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Schools

Schools serving 2550 W Balmoral Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Jamieson Elementary School 5650 North Mozart Street, Chicago, IL 60659	K-8	0.5 mi
Mather High School 5835 North Lincoln Avenue, Chicago, IL 60659	9-12	0.7 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 2550 W Balmoral Ave

Date

Details

Price

Change

Source

9/04/2025

Sold

$1,475,000

-4.84%

MLS

8/05/2025

Listed

$1,550,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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2550 W Balmoral Avenue, Chicago, IL 60625 (MLS# 12438237) is a Multi-Family property that was sold at $1,475,000 on September 04, 2025. Want to learn more about 2550 W Balmoral Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lincoln Square? You can browse all Lincoln Square real estate or contact a Coldwell Banker agent to request more information.

2550 W Balmoral Ave Chicago, IL 60625