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