$500,000
SOLD MAR 20, 2025

1050 W Balmoral Ave Unit 6E Chicago, IL 60640

Edgewater Neighborhood
3 Beds
2 Baths
-- Sq Ft
$808/mo HOA Fee

Recently Sold

12 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • 1 Car Detached Garage
  • Sundeck
  • Formal Dining Room
  • 3-minute walk to Bromann Park

About This Home

As of March 2025

Rarely will you find this level of finish at this price point. Extensive rehab with no detail left behind. As you enter the unit, you are greeted with custom built-ins and millwork throughout an expansive foyer and hallway. The living and dining rooms feature South and East exposures with plenty of windows for natural light and city/lake views. This swanky living room is truly something out of a magazine. Owner installed jet black bookshelves, a decorative fire place, custom light fixtures, and so much more. The separate dining area is a true corner with 3 walls of windows and is perfect for gathering. Kitchen and bathrooms were complete guts. Kitchen features Ilve Gas & Elec Range, Bertazzoni Fully Integrated Refrigerator, and brand new laundry combo unit and dishwasher. Owner installed brand new Calcatta Rosa marble counters, Espresso cabinetry, sophisticated custom marble tile, and plenty of built-in storage. Off the kitchen you will find the third bedroom/office, which comes equipped with classic parquet floors, built-in storage, shelving, and timeless wallpaper. Primary and second bedrooms are very spacious and and offer ample closet space. Owner installed new custom closets, crown molding, and slick wallpaper. Both bathrooms were fully rehabbed and come equipped with waterworks plumbing fixtures. The building features roof-top deck with 360-degree views (fireworks, air show), bike room, passenger and freight elevators, and a large storage space p/unit. Additional laundry in the basement. Many new mechanicals including boiler, chimney, and restored vintage elevators. It is professionally landscaped with a gated courtyard and garden. **Heat, water, gas, garbage/recycling, and management are included in assessments** Located in prime Edgewater/Andersonville with a walk score of 93. Only 2 blocks from the Berwyn Red Line and 147 Express Bus. Easy access to Lake Shore Drive and bike/walk path, Foster Beach, Osterman Beach, Foster Turf Fields, Marianos, Jewel-Osco, Whole Foods, Sun Wah BBQ, Green Mill, Aragon Ballroom, and all the bars, restaurants, and shopping Broadway, Andersonville, and West Argyle historic district have to offer.

Last Agent to Sell the Property

Quentin Green

Compass License #475171585 Listed on: 01/22/2025

Compass

Co-Listed By

Jordan Pyle

Compass License #475158756

Last Buyer's Agent

Laura Meier

@properties Christie's International Real Estate License #475146376

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,275

Year Built

  • Built in 1924 | Remodeled in 2015

HOA Fees

  • $808 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Leased Parking

Home Design

  • Brick or Stone Mason

Interior Spaces

  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Goudy Elementary School
  • Senn High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 38 Units
  • Yami Isaacs Association, Phone Number (773) 313-0025
  • Property managed by Rosen Management
  • 6-Story Property

Amenities

  • Sundeck
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,275

Year Built

Built in 1924 | Remodeled in 2015

Lot Details

0

HOA Fees

$808 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1924
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 6
  • Rehab Year: 2015
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Laundry Hook-Up in Unit
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 808
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Rosen Management
  • Management Contact Name: Yami Isaacs
  • Management Phone: 773-313-0025
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Goudy Elementary School
  • High School: Senn High School
  • Middle/Junior School: Goudy Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 250
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5274.51
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Feb 20, 2025
Sold by
Grooms Scott
Bought by
Rasmussen Jonas Lindgaard Ba and Eskelund Scottie
Seller's Agent
Quentin Green
Compass
Buyer's Agent
Laura Meier
@properties Christie's International Real Estate
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
70
Current Estimated Value
$468,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,348
Avg. Annual Appreciation
-10.07%
Original Mortgage
$435,000
Outstanding Balance
$432,642
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$36,010

Purchase Details

Listed on
Jul 22, 2022
Closed on
Nov 8, 2022
Sold by
Watson Simon and Watson Eugenia
Bought by
Grooms Scott
Seller's Agent
Kim Scott
@properties Christie's International Real Estate
Buyer's Agent
Jordan Pyle
Compass
List Price
$307,000
Sold Price
$296,000
Premium/Discount to List
-$11,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.87%
Original Mortgage
$207,200
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Jackson Johnny H
Bought by
Watson Simon and Watson Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Warranty Deed $296,000 Chicago Title
Administrators Deed $250,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,000 New Conventional
Previous Owner $207,200 New Conventional
Previous Owner $200,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2025 03/20/25 Sold $500,000 0.0% --
02/03/2025 02/03/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $499,900 +68.9% --
11/10/2022 11/10/22 Sold $296,000 -3.6% $185 / Sq Ft View Prior Sale
09/19/2022 09/19/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $307,000 -- $192 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,275 $32,096 $3,911 $28,185
2023 $4,438 $25,000 $3,145 $21,855
2022 $4,438 $25,000 $3,145 $21,855
2021 $4,357 $24,999 $3,144 $21,855
2020 $4,841 $24,832 $1,807 $23,025
2019 $4,831 $27,476 $1,807 $25,669
2018 $4,749 $27,476 $1,807 $25,669
2017 $2,347 $14,279 $1,572 $12,707
2016 $2,360 $14,279 $1,572 $12,707
2015 $2,136 $14,279 $1,572 $12,707
2014 $2,802 $17,671 $1,198 $16,473
2013 $2,736 $17,671 $1,198 $16,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12275628

Midwest Real Estate Data (MRED)

APN: 14-08-205-025-1030