On loan from Arsenal, Balogun has always been highly rated as a youngster and Gunners fans have had big hopes for him since he started impressing in Premier League 2.
A loan spell at Middlesbrough gave him an opportunity to cut his teeth at the senior level and although he couldn't help then manager Chris Wilder achieve promotion, he still impressed in flashes - scoring three and assisting a further three in nine Sky Bet Championship starts.
Now at Reims, he has found a new lease of life under Will Still and is looking every bit the player he was expected to become - potentially even better.
This kind of form warrants an England call-up and the international break presents the perfect opportunity for Gareth Southgate to give him a chance.
Just 21 years of age, Balogun has already shown all the signs of a top-class number nine type striker.
"He is a super complete striker," said manager Still to BBC Sport. "He is able to play with his back to goal and deep. He scores, he is decisive."
Granted these words of praise from his current manager come with a certain level of a bias, but there is no denying his incredible level of talent.
However, Balogun has lit up Ligue 1 with his goals and performances, pushing him into the England conversation ahead of the upcoming international break.
Although Gareth Southgate has been averse to picking players away from the Premier League, Balogun has more than earned his opportunity.
Only Harry Kane's total of 20 league goals is better than Balogun's 16, more than Rashford as well as Brentford's Ivan Toney.
He has even averaged the highest xG/95 (0.63), when compared to the current England pool of forwards.
Bringing different strengths to the table when compared to the likes of Kane, Toney and Rashford, Balogun would make a shrewd call-up to the England squad.
It would be the perfect reward for the England U21 international, who has been prolific at that level.
Taking inspiration from the playing styles of the likes of Edinson Cavani and Robert Lewandowski, Balogun's fundamentals are strong and he looks well set for a career in the top five leagues.
Whether his future lies with Arsenal or elsewhere remains to be seen, but Balogun is clearly a gem in the making, who continues to polish his game with each passing match.