7230 S Talman Avenue, Chicago, IL 60629

$479,900

  • Open House
  • New Listing
  • Price Reduced$10,000
  • Sold
  • Leased
-1 More Schedule
  • 7 BedroomBeds
  • 3 BathroomBaths
  • Sqft
  • 0Acres
  • Multi-FamilyType
  • ActiveStatus
  • 12616523MLS#
-1 More Schedule

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Property Description 7230 S Talman Avenue, Chicago, IL, 60629

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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Property Details 7230 S Talman Avenue, Chicago, IL, 60629

  • On Market Date: 04/22/2026
  • Year Built: 1926
  • MLS#: 12616523
  • Type: Multi-Family
  • Status: Active
  • Price: $479,900
  • City: Chicago
  • State: IL
  • Zip: 60629
  • County: Cook
  • Development: NO
  • Date Last Updated: 05/17/2026

Bedrooms

  • Beds: 7

Bathrooms

  • Total Bathrooms: 3
  • Basement: Yes
  • Pool: NO
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Heating: Natural Gas

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