2503 N Talman Avenue
Chicago, IL, 60647
$1,175,000
8 Beds
4 Baths
0 SqFt
0.07 Acres
$1,175,000
2503 N Talman Avenue
Chicago, IL, 60647
Beautiful 3 unit investment opportunity with an amazing Coach House that was recently gut rehabbed and lives like a SFH. Perfect for the owner’s unit or currently getting rent requests for $3500/month. (Leaving vacant while we list to sell, then will rent out) Prime Logan Square location. Coach House has 3 bed/ 2 bath upstairs, finished lower level with great ceiling height and laundry in-unit. Owner just put over $75,000 in upgrades last month including central air with 2 furnaces, 2 AC units, ductwork and thermostats. New electrical and plumbing throughout. All new landscaping in front and fixed all masonry on front steps and porch. Full repair of masonry and foundation in basement as well as painting of entire front building. All the hard stuff has been taken care of for new owners on this low maintenance building. The front building includes two units that are 3 bed 1 baths. Cap rate over 6%. Very easily shown with little notice. Come check out this incredible cash flow opportunity.

Property Details

Price:
$1,175,000
MLS #:
MRD11646096
Status:
Active
Beds:
8
Baths:
4.00
Address:
2503 N Talman Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Oct 5, 2022
State:
IL
ZIP:
60647
Year Built:
1895

Schools

School District:
299

Interior

Heating
Natural Gas, Radiator(s)

Exterior

Financial

Buyer Agent Compensation
3%
Net Operating Income
$77,500
Tax Year
2020
Taxes
$12,916
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Debra Dobbs is one of Chicago’s top realtors with more than 38 years in the real estate business.

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2503 N Talman Avenue
Chicago, IL