NEW! Buy and sell safely with virtual options - Learn More
About the Listing 88373 - 108918
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.
Listing Highlights for 1640 N Talman Ave
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
12482267
Year Built
1897
Total Square Footage
0
Lot/Acreage
25X125
County
Cook
Area
CHI - West Town
School District
299
Elementary School
Moos Elementary School
Middle School
Clemente Community Academy Senio
High School
Moos Elementary School
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 25X125
- Zoning: MULTI
- Roof: Asphalt
- Others: Lighting
- Sewer: Public Sewer
- Parking Features: Alley Access,On Site,Owned
Financial Details
- Tax Amount: $13,984
- Taxes w/Assessments: N/A
- Tax/Property ID: 13364270220000
- Tax Year: 2022
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
1640 N Talman Ave Chicago, IL 60647
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
