1640 N Talman Avenue, Chicago, IL 60647
- Beds
- 8
- Baths
- 8
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
Incredible opportunity to own a fully rebuilt 4-unit building bordering Chicago's West Town and Humboldt Park just one block from the 606 Trail. Perfect for an owner-occupant or investor, this 2021 complete gut renovation with new roof, gutters, drain tile waterproofing, all-new electrical, plumbing, HVAC, and luxury finishes throughout. Each of the four 2 bed, 2 bath units is equipped with in-unit laundry, stainless steel appliances, individual furnaces, hot water heaters, and central air. The two first-floor units are duplex-downs, while the upper floors are spacious simplexes. Tenants pay utilities: Gas & Electricity. A new concrete parking pad in the rear provides three parking spaces, along with brand-new steel and wood decking creating an inviting outdoor space for dining, relaxing, or entertaining. Just steps away, the 606 Trail offers a vibrant example of urban reuse-transforming an old rail line into an elevated green-way that connects several neighborhoods through miles of trails, parks, and public art, promoting a healthy, active lifestyle in the heart of the city. Enjoy strong rental income, low taxes, and low maintenance expenses in a high-demand location walking distance to the Blue Line and some of the city's best dining, shopping, and green space. Ideal for owner-occupants looking to leverage rental income from three additional units, or for investors seeking a property with a solid cap rate.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 8
- Number of bathrooms
- 8
- Year built
- 1897
Interior features
- Basement
- Yes, Finished
Utilities
- Heating
- Natural gas, Forced air
- Sewer
- Public sewer
Estimated monthly costs
- Electricity
- $480
- Insurance
- $2,400
Taxes
- Tax Annual Amount (2022)
- $13,984
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12482267 Last checked: …

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.