6118 North Talman Avenue

Chicago, IL 60659

$625,000
Last Sold Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

INVESTMENT OPPORTUNITY: TURNKEY OR VALUE ADD. 6118 N Talman is a legal 4 unit property with 2 additional units. This property features four (4) two bedroom / one bathroom units. There is also one (1) studio / one bathroom and one (1) one bedroom / one bathroom apartment in the basement that generate additional rental income. This property also features a detached three (3) car garage. The property is on an EXTRA WIDE LOT (33' x 125'). Close to all of the bars, restaurants, grocery stores, parks,...INVESTMENT OPPORTUNITY: TURNKEY OR VALUE ADD. 6118 N Talman is a legal 4 unit property with 2 additional units. This property features four (4) two bedroom / one bathroom units. There is also one (1) studio / one bathroom and one (1) one bedroom / one bathroom apartment in the basement that generate additional rental income. This property also features a detached three (3) car garage. The property is on an EXTRA WIDE LOT (33' x 125'). Close to all of the bars, restaurants, grocery stores, parks, and public transportation that West Ridge has to offer. Rents are currently below market. Landlord owned coined laundry adds even more cash flow to this property. Building is in good condition but is being sold AS-IS. Conventional, Rehab / Construction, or Cash financing only. The owner and the listing agent do not warrant the legality of the two (2) basement level apartments. Endless possibilities. This property will not last. Schedule a tour today.
  1. Listed by Jacob McClure • Fulton Grace Realty

Sold By Smart Home Realty

Property Details for 6118 North Talman Avenue

Area
CHI - West Ridge
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Cars
3.0
Parking Included in Price
Yes
Heat/Fuel
Radiator(s)
Zoning
MULTI

Location

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LISTING UPDATED: 09/04/2021 02:06 PM

Property Details for 6118 North Talman Avenue

StatusClosed
MLS #11005188
Days on Market185
Taxes$9,071 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1923
Lot Size0.09 AC / 4,125 SF
CountyCook County

Location

Add your commute

Building Information for 6118 North Talman Avenue

Stories-Residences4Year Built1923Building Size-Lot Size0.09 AC / 4,125 SF

Payment Calculator

$4,167 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$756

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6118 North Talman Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Partially Finished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 33 X 125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 6118
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2625
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2021-03-03T18:07:59
  • Photos Count: 36
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 4
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator
  • Lease Exp Date (Mo/Yr) - Unit 1: 08-21-2024
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric, Gas
Unit 2
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 1
  • # Of Rooms - Unit 2: 4
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator
  • Lease Exp Date (Mo/Yr) - Unit 2: 09-21-2024
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: Electric, Gas
Unit 3
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Total Sq Ft - Unit 3: 0
  • Floor # - Unit 3: 2
  • # Of Rooms - Unit 3: 4
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 1
  • Appliances/Features Unit 3: Stove, Refrigerator
  • Lease Exp Date (Mo/Yr) - Unit 3: 04-17-2024
  • Sec Deposit $ - Unit 3: 900
  • Tenant Pays - Unit 3: Electric, Gas
Unit 4
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Total Sq Ft - Unit 4: 0
  • Floor # - Unit 4: 2
  • # Of Rooms - Unit 4: 4
  • # Half Baths-Unit 4: 0
  • # Full Baths-Unit 4: 1
  • Appliances/Features Unit 4: Stove, Refrigerator
  • Lease Exp Date (Mo/Yr) - Unit 4: 10-21-2024
  • Sec Deposit $ - Unit 4: 1150
  • Tenant Pays - Unit 4: Electric, Gas

Property History for 6118 North Talman Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6118 North Talman Avenue

Taxable ValueLand$12,379Additions$40,625Total$53,004
Tax Record2021$10,659 ($888 / month)
Home Facts
Baths4Total Finished SqFt4,196 SqFtAbove Grade Finished SqFt4,196 SqFtStories2Lot Size4,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyCOOKAPN13-01-218-028

Schools near 6118 North Talman Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Clinton Elementary School
PublicPK to 8

Mather High School
Public9 to 12

Stone Elementary Scholastic Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fulton Grace Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.