7230 Talman Avenue, Chicago Lawn, Chicago, Illinois 60629
$489,900
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1926 |
| Property Taxes: | $11,133 |
| Days On Market: | 7 |
| Lot Size: | 0,08 |
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.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1926 | |
| — | |
| — | |
| No | |
| 0.08 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12616523 | |
| 19252100300000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 12 Jun, 2014 | Sold | $60,000 | MRED MLS |
| 23 Apr, 2014 | Under contract | $39,900 | MRED MLS |
| — | Last price change | $49,900 | MRED MLS |
| 22 Sep, 2013 | Listed for sale | $55,000 | MRED MLS |
| 30 Apr, 2021 | Sold | $390,000 | MRED MLS |
| 2 Mar, 2021 | Under contract | $400,000 | MRED MLS |
| 21 Feb, 2021 | Listed for sale | $400,000 | MRED MLS |
| 14 Mar, 2022 | Sold | $410,000 | MRED MLS |
| 8 Feb, 2022 | Under contract | $415,999 | MRED MLS |
| 31 Jan, 2022 | Listed for sale | $415,999 | MRED MLS |
| 22 Apr, 2026 | Listed for sale | $489,900 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| — | |
| — | |
| — | |
| — | |
| — | |
| 3780 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2014 | $3,364 |
| 2021 | $4,470 |
| 2022 | $4,358 |
| 2026 | $11,133 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
Coldwell Banker Realty
