7230 S Talman Avenue, Chicago, IL
  • $469,900
  • $479,900

Description

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.

  • Listing Courtesy of: Coldwell Banker Realty

Details

Updated on June 28, 2026 at 5:17 pm
  • Property ID MRD12616523
  • Price $469,900
  • Land Area 0.08 Acres
  • Bedrooms 7
  • Year Built 1926
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 19252100300000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status Price Change
  • Days On Market 63
  • Living Area 0.08
  • Cumulative Days On Market 63
  • Tax Annual Amount 11133.15
  • Heating Natural Gas
  • Directions East or West on 71st, South on Talman to address
  • Zoning MULTI
  • Address 7230 S Talman Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60629
  • Country United States

Overview

Property ID: MRD12616523
  • Multi Family
  • Property Type
  • 7
  • Bedrooms
  • 1926
  • Year Built

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