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$1,399,888

1640 Talman Avenue, Chicago, IL 60647
8 Beds8 Baths16 days
1640 Talman Avenue·Chicago, IL 60647
8Bedrooms
8Bathrooms
1897Year Built
About This Home

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.

MLS# 12482267Listed September 27, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms8
Total Rooms16

Size & Structure

Year Built1897
Lot Size25X125

Location

CountyCook
TownshipWest Chicago
Zip Code60647

Financial

List Price$1,399,888
Annual Taxes (2022)$13,984
Monthly Tax Est.$1,165
Parcel #13364270220000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFull
Exterior & Lot

Construction

Vinyl SidingFrame

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

Lighting

Lot Features

Level
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Alley AccessYesOwned
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Moos Elementary School
District: 299
Middle School
Clemente Community Academy Senio
District: 299
High School
Moos Elementary School
District: 299
Tax & Financial
Annual Taxes
$13,984
Tax Year 2022
Monthly Tax Est.
$1,165
per month
Property Location

1640 Talman Avenue, Chicago, IL 60647 — Cook County

$1,399,888
1640 Talman Avenue
8 bd8 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
16 days on market
25X125
$13,984/yr taxes
$8,522
estimated monthly payment
Principal & Interest
$7,357/mo
Property Tax
$1,165/mo
$1,399,888
20% — $279,978
3%50%
6.875%
3%12%
Loan Amount
$1,119,910
Down Payment
$279,978

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Forza Advantage Realty
Agent: Lynn Reidl
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