7230 S Talman Avenue, Chicago, IL 60629

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
7230 S Talman Avenue,Chicago, IL 60629
$489,900
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Apr 25
    12:00 pm - 02:00 pm
Listed by: amal khalil
Office: coldwell banker realty
MLS#:12616523
Source:MLSNI

Price summary

  • Price:$489,900

About this home

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...

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Home facts

  • Year built:1926
  • Listing ID #:12616523
  • Updated:April 24, 2026 at 12:30 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:17
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1926
  • Lot area:0.08 Acres

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$489,900
  • Tax amount:$11,133 (2024)
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