1640 North Talman Avenue, Chicago, IL, 60647

$1,399,888

8

Beds

8

Baths

About 1640 North Talman Avenue

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.

Additional Information: This property is located in the CHI - West Town neighborhood, IL. This 8 bedrooms two to four units property is priced at $1,399,888.

Facts & Features

MLS® # 12482267
Price $1,399,888
Bedrooms 8
Bathrooms 8.00
Taxes $13,984
Acres 0.00
Year Built 1897
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 1640 North Talman Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60647

Amenities

Parking Spaces 3
Parking Alley Access, On Site, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Vinyl Siding, Frame
Exterior Features Lighting
Lot Description Level
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 299
Elementary Moos Elementary School
Middle Clemente Community Academy Senio
High Moos Elementary School

Additional Information

Days on Market 16
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $13,984

Listing Details

OfficeForza Advantage Realty
Contact Infobroker@chooseforza.com

Listing Map

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