650 North Talman Avenue

Chicago, IL 60612

$1,199,000
Price
7
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity in a great location close by Smith Park. This four unit building features 3, 2-bedroom 1-bath units and 1, 1-bedroom 1-bath unit. Additional income from coin-op laundry and garage as well. New roof in 2020. Most windows replaced in 2023 with a few in 2020. Most appliances have been replaced over the last several years in the back two units. All new appliances in the front two units. In unit laundry in 1F and 2F. Decks and stairs new in 2015, with rooftop access and city...Great investment opportunity in a great location close by Smith Park. This four unit building features 3, 2-bedroom 1-bath units and 1, 1-bedroom 1-bath unit. Additional income from coin-op laundry and garage as well. New roof in 2020. Most windows replaced in 2023 with a few in 2020. Most appliances have been replaced over the last several years in the back two units. All new appliances in the front two units. In unit laundry in 1F and 2F. Decks and stairs new in 2015, with rooftop access and city view. Plumbing and electric in rear units in 2009, and in the front 2 units between 2023-2024. Front 2 units have individual forced air heat and A/C. Rear 2 units have electric baseboard heat paid for by tenants. Walk to parks, transportation, shopping, and more! Front two units available to view any time. 48 hour notice required for back units.
  1. Listed by Luka Chirayil • Achieve Real Estate Group Inc

Property Details for 650 North Talman Avenue

Area
CHI - West Town
Township
West Chicago
Ownership
Fee Simple
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Electric
Zoning
MULTI

Location

Listing Courtesy of Achieve Real Estate Group Inc
Add your commute
LISTING UPDATED: 05/05/2024 12:07 AM

Property Details for 650 North Talman Avenue

StatusActive
MLS #12041707
Days on Market22
Taxes$9,812 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1888
Lot Size-
CountyCook County

Location

Listing Courtesy of Achieve Real Estate Group Inc
Add your commute

Building Information for 650 North Talman Avenue

Stories-Residences4Year Built1888Building Size-Lot Size-

Payment Calculator

$7,361 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,543

Property Taxes

$818

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 650 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: 14
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 7
  • Basement Description: Unfinished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • Exterior Property Features: Deck, Porch, Roof Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24X78X24X100
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Brick
  • General Information: None
  • North Coordinate: 650
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2632
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 0
  • Photos Count: 17
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $258.00
  • Gross Income: $24,000.00
  • Insurance Expense: $1,877.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: $913.00
Unit 1
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 05/24
Unit 2
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/24
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: VACCA
Unit 4
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: VACCA

Property History for 650 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 650 North Talman Avenue

Taxable ValueLand$13,608Additions$35,188Total$48,796
Tax Record2022$10,036 ($836 / month)
Home Facts
Baths2Total Finished SqFt1,714 SqFtAbove Grade Finished SqFt1,714 SqFtStories2Lot Size2,268 SqFtStyleMulti-Family Res (5+ Units)Year Built1888CountyCOOKAPN16-12-209-017

Schools near 650 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 - 9 to 12
Charter - K to 8
Rating
School
Distance
Chopin Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Chicago High School For The Arts
Public9 to 12

Acero Chtr - Esmera Santiago Cmps
CharterK 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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650 North Talman Avenue is a multi-family home for sale in Chicago, IL 60612. This property was listed for sale on April 29, 2024 by Achieve Real Estate Group Inc, it's currently listed at $1,199,000. It has been on the market for a total of 22 days and was last sold on July 27, 2023. This listing's school district is City Of Chicago School District 299. Nearby schools include Chopin Elementary School, Wells Community Academy High School and Chicago High School For The Arts. 650 North Talman Avenue is a 7-bed, 4-bath, multi-family home built in 1888.

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 Achieve Real Estate Group Inc

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. Based on information submitted to the MLS GRID as of 05/05/2024 12:07 AM. 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.