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$489,900
16 Days On Site

7230 S Talman Avenue
Chicago, IL 60629

For Sale|Multi Family|Active
7
Beds
3
Total Baths
1926
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty
Call Now: 312-767-7744
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312-767-7744
7230 S Talman Avenue7230 S Talman Avenue7230 S Talman Avenue7230 S Talman Avenue
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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.

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Listing Snapshot
Price 
$489,900
Days On Site 
16 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1926
MLS® Number 
12616523
Status 
Active
Property Tax 
$11,133.15
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
8 hours agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
0.08
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Zoning 
MULTI
Interior Features
Basement 
UnfinishedFull
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - Chicago Lawn
School District 
299
Township 
Hyde Park
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty



Based on information submitted to the MLS GRID as of 2026-04-28 12:34 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-04-28 12:34 PM UTC
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