Address
1621 N Talman Avenue, Chicago, IL
Price
$ 675,000
Property Attributes
  • MLS#12766920
  • TypeMulti-Family
  • Listing Status New
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Town
  • NeighborhoodHumboldt Park
  • Zip60647
  • Style
  • Taxes$ 10276
  • Price$ 675,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1200
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Legal 2-unit frame multi-family building on a 3,125 sq ft lot with a nice backyard and 2-car garage. Attractive greyish exterior with roof extension/dormer. Substantially rehabbed in 2020 with new mechanicals (furnaces and water heaters in both units from 2020), updated appliances, and targeted renovations. Unfinished lower-level houses electrical panels plus Unit 1's furnace and water heater. Separate entrances. Unit 1 (first floor): 3 bed / 1 bath, approximately 1,200 sq ft. Fully rebuilt to the studs with a complete remodel. In-unit washer/dryer toward the rear near the third bedroom and back exit to the porch/staircase. Quiet mechanicals located downstairs. Unit 2 (duplex-up): 3 bed / 2 bath. approximately 2400 sq ft. Own entrance via staircase; and shortcut staircase entrance to upper level. Main level features a large living room with tall windows and strong natural light overlooking the avenue, laundry room, bedroom with normal closet space, kitchen with newer white Shaker upper cabinets / dark brown lower cabinets and 2020 appliances, generous dining room surrounded by windows, and rear exit. Upper level with secondary access via rear staircase includes a craft station with cabinetry and sink, access to a private wooden deck overlooking the property, second bedroom with normal closet space, full bath with vintage green tile and Hollywood-style circular bulbs (partial upgrades only during rehab-not fully gutted), and a very large master bedroom with vanity fireplace, nice closet space, and closeted mechanicals (unit's furnace and water heater). This unit received targeted renovations- kitchen updates, and first-floor bath work; remaining areas fixed up. Ideal for owner-occupant (live in one, rent the other) or investor. Both units available for viewing. Unit 1: May 31st, 2027, lease, $1995 with tenant planning to move. Rent projections $2400. Unit 2: Freshly vacated, rent projections $3500. Location in the 60647 area near North Avenue offers access to neighborhood amenities.

Elementary School
Yates Elementary School
Price History
9/22/2026 Listed $675,000

General Features

Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Frame
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 50000
County Cook
New Construction No
Property Type Residential Income
Total Rooms 12
Status New
Directions Head East on North Ave from 90 E,Turn right onto Talman Ave.,End at 1621 N. Talman Ave.
City Chicago
High School District 299
MLS Area CHI - West Town
Elementary School Yates Elementary School
Tax Annual Amount 10276.78
Electric Expense 550
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Unfinished,Full
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Total Number of Units 2

Exterior Features

Parking Features Yes,Detached,Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25x125
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60647

Price
AVG $1.1M
$680K
Taxes
AVG $13,291
$10,276

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