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1640 N Talman Avenue, 
Chicago, IL 60647

$1,399,888


8

Beds


8

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Lynn Reidl

Forza Advantage Realty

Last updated:

September 29, 2025, 11:41 AM

MLS#

12482267

Source:

MLSNI

About This Home

1640 N Talman Avenue

Incredible opportunity to own a fully rebuilt 4-unit building bordering Chicago's West Town and Humboldt Park just one block from the 606 Trail. Perfect for an owner-occupant or investor, this 2021 complete gut renovation with new roof, gutters, drain tile waterproofing, all-new electrical, plumbing, HVAC, and luxury finishes throughout. Each of the four 2 bed, 2 bath units is equipped with in-unit laundry, stainless steel appliances, individual furnaces, hot water heaters, and central air. The two first-floor units are duplex-downs, while the upper floors are spacious simplexes. Tenants pay utilities: Gas & Electricity. A new concrete parking pad in the rear provides three parking spaces, along with brand-new steel and wood decking creating an inviting outdoor space for dining, relaxing, or entertaining. Just steps away, the 606 Trail offers a vibrant example of urban reuse-transforming an old rail line into an elevated green-way that connects several neighborhoods through miles of trails, parks, and public art, promoting a healthy, active lifestyle in the heart of the city. Enjoy strong rental income, low taxes, and low maintenance expenses in a high-demand location walking distance to the Blue Line and some of the city's best dining, shopping, and green space. Ideal for owner-occupants looking to leverage rental income from three additional units, or for investors seeking a property with a solid cap rate.

Home Facts

Multi-Family

8 Baths

8 Bedrooms

Built in 1897

Price Summary

1,399,888

MLS #:

12482267

Last Updated:

September 29, 2025, 11:41 AM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8


Structure

Structure

Year Built:

1897


Finances & Disclosures

Finances

Price:

$1,399,888

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