$1,000,000
SOLD SEP 5, 2025

8040 W Balmoral Ave Chicago, IL 60656

O'Hare Neighborhood
5 Beds
5 Baths
5,200 Sq Ft
2016 Built

Recently Sold

$192 Per Sq Ft

9% Below List Price

22 Days on Market

Highlights

  • Second Kitchen
  • Above Ground Pool
  • Outdoor Kitchen
  • Maine South High School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of September 2025

Norwood Park Township - Park Ridge Schools! This stunning all-brick & stucco home offers a true 5-bedroom layout plus a main-floor office/bedroom Finished Basement with 2nd Kitchen, Recreaction room and full bath, ideal for an in-law arrangement. Almost 7000 Sq ft of living space! Double Entry doors to a Welcoming 2 Story Entry with granite staircase with acrylic railings, custom crystal chandeliers, and a quartz fireplace (wood & gas) add elegance, while porcelain and wood floors enhance the space. The chef's kitchen features high-end Sub-Zero appliances for top-tier performance. Outside, enjoy a brick oven, gazebo, stamped concrete patio, Heated above-ground pool, Brick Oven and straight-gas for Grill -perfect for entertaining. Located in the Maine South High School district near highways and shopping, this home is a must-see!

Last Agent to Sell the Property

Giuseppe Battista

Fulton Grace Realty License #475138121 Listed on: 07/10/2025

Fulton Grace Realty

Co-Listed By

Angie Corcione

Fulton Grace Realty License #471008538

Last Buyer's Agent

Asad Mahmood

Equity Market Realty Inc. License #475177886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,123

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 85x105
  • Sprinkler System

Parking

  • 2 Car Garage
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 5,200 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Home Security System

Kitchen

  • Second Kitchen
  • Double Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Above Ground Pool
  • Patio
  • Outdoor Kitchen
  • Gazebo

Schools

  • Pennoyer Elementary School
  • Maine South High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Community Details

  • Custom Built

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,123

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2016
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Humidifier
  • Basement: Finished, Bath/Stubbed, Rec/Family Area, Full
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 1700
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), In-Law Floorplan, 1st Floor Full Bath
  • LivingArea: 5200
  • Other Equipment: Security System, Sump Pump, Sprinkler-Lawn, Water Heater-Gas
  • Room Type: Office, Kitchen, Bonus Room, Bedroom 5
  • Estimated Total Finished Sq Ft: 6900
  • Assessed Sq Ft: 1570
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Bidet,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 5200
  • Basement Sq Ft: 1700
  • Fireplace Location: Family Room
  • Total Sq Ft: 6900
  • Attic: Full,Pull Down Stair
  • Main Level Sq Ft: 5200
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Stucco
  • List Price: 1099000
  • OtherStructures: Gazebo, Outdoor Kitchen
  • Patio And Porch Features: Patio
  • Pool Features: Above Ground
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Circular Driveway, Garage Door Opener, On Site, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Upper Level
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Pennoyer Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Pennoyer Elementary School
  • Middle/Junior School District: 79

Lot Info

  • Lot Dimensions: 85X105
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10123
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2009
Sold by
Parisi Caterina
Bought by
Rutigliano Giuseppe and Rutigliano Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$275,198
Interest Rate
5.29%
Mortgage Type
Unknown
Estimated Equity
$757,383

Purchase Details

Closed on
May 18, 2006
Sold by
Cimino Angela and Parisi Caterina
Bought by
Parisi Caterina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
6.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 9, 2002
Sold by
Postmus Lawrence J
Bought by
Cimino Angela and Cimino Caterina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,640
Interest Rate
6.05%

Purchase Details

Closed on
Dec 16, 1997
Sold by
Miller Gloria Marie
Bought by
Gloria Marie Miller Trust
Source: Public Records

Range of Values:

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Average Value
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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 $540,000 Pntn
Interfamily Deed Transfer -- First American Title
Deed $360,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $27,964 Credit Line Revolving
Open $417,000 Unknown
Closed $69,000 Future Advance Clause Open End Mortgage
Previous Owner $937,500 Fannie Mae Freddie Mac
Previous Owner $187,500 Fannie Mae Freddie Mac
Previous Owner $600,000 Unknown
Previous Owner $368,000 Credit Line Revolving
Previous Owner $169,500 Credit Line Revolving
Previous Owner $323,640 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $1,000,000 -9.0% $192 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $1,099,000 0.0% $211 / Sq Ft
07/18/2025 07/18/25 Pending -- -- --
07/10/2025 07/10/25 For Sale $1,099,000 -- $211 / 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 $10,123 $50,000 $9,010 $40,990
2023 $9,274 $50,000 $9,010 $40,990
2022 $9,274 $50,000 $9,010 $40,990
2021 $7,389 $36,032 $6,307 $29,725
2020 $7,254 $36,032 $6,307 $29,725
2019 $7,141 $40,080 $6,307 $33,773
2018 $6,262 $32,449 $5,180 $27,269
2017 $6,198 $32,449 $5,180 $27,269
2016 $6,033 $32,449 $5,180 $27,269
2015 $6,001 $30,304 $4,505 $25,799
2014 $5,889 $30,304 $4,505 $25,799
2013 $5,729 $30,304 $4,505 $25,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12416874

Midwest Real Estate Data (MRED)

APN: 12-11-213-025-0000