7230 S Talman AVE, Chicago, IL 60629
7230 S Talman AVE, Chicago, IL 60629
7230 S Talman AVE, Chicago, IL 60629
7230 S Talman AVE, Chicago, IL 60629
7230 S Talman AVE, Chicago, IL 60629
7230 S Talman AVE, Chicago, IL 60629
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$ 489,900
Est. payment | /mo

7 Beds

3 Baths

3,484 Sqft Lot


Save
$ 489,900
Est. payment | /mo
Save

7 Beds

3 Baths

3,484 Sqft Lot

Open House

Sat Apr 25, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12616523

Bedrooms 7

Year Built 1926

Annual Tax Amount $11,133

Tax Year 2024

Lot Size 3,484 Sqft

Lot Dimensions 3780

Property Sub-Type Two to Four Units

Property Description

Exceptional investment opportunity in Chicago's Marquette Park neighborhood! This versatile property features a two-unit main building plus a separate coach house, offering three total income-generating units on one lot. The main building includes two spacious units, each offering 2 bedrooms and 1 bathroom with functional layouts and comfortable living space. The rear coach house adds even more value with a 3-bedroom, 1-bath unit-ideal for maximizing rental income, multigenerational living, or an owner-occupant setup. With multiple streams of income and a desirable unit mix, this property is perfect for investors looking to expand their portfolio or buyers seeking to supplement their mortgage with rental income. Property taxes currently do not reflect a homeowner's exemption, presenting a potential opportunity for reduced taxes if owner-occupied. Conveniently located near parks, schools, shopping, and public transportation, this property benefits from strong rental demand and long-term growth potential.

Location

State IL

County Cook

Area Chi - Chicago Lawn

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Amal Khalil of  Coldwell Banker Realty 

Nearby Locations

Lisa Carstens

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(563) 370-3119

lisacarstenshomes@gmail.com

2550 Middle Rd. Suite #601 Bettendorf, IA 5225722

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7230 S Talman AVE