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7230 S Talman Avenue, Chicago, IL 60629

$479,900
  • 7230 S Talman Avenue, Chicago, IL 60629 Main Photo

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Active
BEDS7 BATHS3 full MLS#12616523
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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.

7230 S Talman Avenue | MLS# 12616523

This multi-family property located at 7230 S Talman Avenue, Chicago, IL 60629 is currently listed for sale with an asking price of $479,900. S Talman Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas
Lot Size: 0.08 Acres
Taxes: $11,133
Year Built: 1926

Feature Descriptions

Exterior: Brick
Lot Dimensions: 3780
Parcel#: 19252100300000
Sewer: Public Sewer
Total Rooms: 17
Township: Hyde Park
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 630-789-8280

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 3,247.58 per month $2,179.86 Principal & Interest $927.75 Property Tax $139.97 Homeowner's Insurance

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