7230 S Talman Avenue, Chicago, IL, 60629

$459,900

7

Beds

0.08

Acres

About 7230 S Talman Avenue

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.

Additional Information: This property is located in the CHI - Chicago Lawn neighborhood, IL. This 7 bedrooms two to four units property is priced at $459,900.

Facts & Features

MLS® # 12700906
Price $459,900
Bedrooms 7
Bathrooms 0.00
Taxes $11,133
Acres 0.08
Year Built 1926
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 7230 S Talman Avenue
Area CHI - Chicago Lawn
City Chicago
County Cook
State IL
Zip Code 60629

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 51
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $11,133

Listing Details

OfficeColdwell Banker Realty

Listing Map

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