1640 N Talman Avenue Chicago, IL 60647
Listing Courtesy of: MLS LogoMidwest Real Estate Data / Forza Advantage Realty

  1640 N Talman Avenue Chicago, IL 60647

Active (3 Days)
$1,399,888
8
BED
8
BATH

Description

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.

MLS #:
12482267
Taxes
$13,984(2022)
Type
Multifamily
Year Built
1897
School District
299
County
Cook County

Listed By

Lynn Reidl, Forza Advantage Realty
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Sep 29 2025 at 7:12 PM GMT+0000
Bathroom Details
Lot Information
  • Level
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air
  • Natural Gas
Basement Information
  • Finished
  • Full
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Lake Michigan
  • Sewer: Public Sewer
School Information
  • Elementary School: Moos Elementary School
  • Middle School: Clemente Community Academy Senio
  • High School: Moos Elementary School
Parking
  • Alley Access
  • On Site
  • Owned
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.