1640 N Talman Avenue
Chicago, IL, 60647
$1,399,888
8 Beds
8 Baths
0 SqFt
0 Acres
Add
Add
$1,399,888
1640 N Talman Avenue
Chicago, IL, 60647
MLS #MRD12482267 image #0MLS #MRD12482267 image #1MLS #MRD12482267 image #2MLS #MRD12482267 image #3MLS #MRD12482267 image #4MLS #MRD12482267 image #5MLS #MRD12482267 image #6MLS #MRD12482267 image #7MLS #MRD12482267 image #8MLS #MRD12482267 image #9MLS #MRD12482267 image #10MLS #MRD12482267 image #11MLS #MRD12482267 image #12MLS #MRD12482267 image #13MLS #MRD12482267 image #14MLS #MRD12482267 image #15MLS #MRD12482267 image #16
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.

Property Details

Price:
$1,399,888
MLS #:
MRD12482267
Status:
Active
Beds:
8
Baths:
8
Type:
Multi Family
Neighborhood:
chiwesttown
Listed Date:
Sep 27, 2025
Year Built:
1897
Chi – West TownChiwesttownMoos Elementary SchoolClemente Community Academy SenioMoos Elementary School

Schools

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

Interior

Heating
Natural Gas, Forced Air

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Frame
Exterior Features
Lighting
Parking Features
Alley Access, On Site, Owned
Parking Spots
3
Roof
Asphalt

Financial

Net Operating Income
$95,688
Tax Year
2022
Taxes
$13,984
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Chicago as of Oct 04, 2025
1,504
Multi Family Listed
79
Avg DOM
$499,612
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12467427broker reciprocity
1343 N Western Avenue
Chicago, IL

$1,800,000

2.0 miles away

broker reciprocity
MLS# MRD12348001broker reciprocity
1918 N Humboldt Boulevard
Chicago, IL

$1,750,000

1.5 miles away

broker reciprocity
MLS# MRD12357009broker reciprocity
1623 N Halsted Street
Chicago, IL

$1,700,000

0.0 miles away

broker reciprocity
MLS# MRD12424752broker reciprocity
6909 S Chappel Avenue
Chicago, IL

$1,674,900

4.6 miles away

broker reciprocity
MLS# MRD12292372broker reciprocity
2239 W Cornelia Avenue
Chicago, IL

$1,650,000

2.1 miles away

broker reciprocity
MLS# MRD12488074broker reciprocity
211 W 23rd Street
Chicago, IL

$1,600,000

1.9 miles away

broker reciprocity
MLS# MRD12455494broker reciprocity
718 W Cornelia Avenue
Chicago, IL

$1,545,000

1.2 miles away

broker reciprocity
MLS# MRD12461474broker reciprocity
902 W Newport Avenue
Chicago, IL

$1,525,000

1.0 miles away

broker reciprocity
MLS# MRD12427797broker reciprocity
1442 W Irving Park Road
Chicago, IL

$1,500,000

0.2 miles away

broker reciprocity
MLS# MRD12478684broker reciprocity
4948 N Winchester Avenue
Chicago, IL

$1,499,500

4.8 miles away

Property Summary

    1640 N Talman Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60647. It is listed for $1,399,888 To schedule a showing of MLS#mrd12482267 at 1640 N Talman Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1640 N Talman Avenue
Chicago, IL