5806 Talman·Chicago, IL 60629
5Bedrooms
2Bathrooms
1908Year Built

About This Home

Located in sought after Gage Park, this is a rare two unit property which offers an unlimited amount of upside and potential. The building offers a unit on the main level that features a spacious kitchen, two bedrooms along with a large living room! The second level is the more spacious of the two units with a larger living room along with a formal dining room. This unit offers three bedrooms, one bath. This building needs updates but has unlimited potential, can be used as the current use of a multi unit while creating passive cash flow in each unit, another option is to convert to a single family residence while building equity or live in one unit and rent out the other! Rarely do you find a multi unit in Gage Park under $200K this building will not last at this price basis and should not be overlooked!

MLS# MRD12455003Listed August 25, 2025Residential Income

Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms2
Total Rooms11

Size & Structure

Garage Spaces2
Year Built1908
Lot Size41 x 110

Location

CountyCook
TownshipSouth Chicago
Zip Code60629

Financial

List Price$134,900
Original Price$169,900
Annual Taxes (2023)$2,054
Monthly Tax Est.$171
Parcel #19132220180000

Interior Features

Heating

Natural Gas

Basement

UnfinishedFull

Exterior & Lot

Construction Materials

Frame

Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking Features

YesDetachedGarage

Tax & Financial Info

Annual Taxes
$2,054
Tax Year 2023
Monthly Tax Est.
$171
per month
Price Reduced by $35,000
Original list price: $169,900

Property Location

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5806 Talman, Chicago, IL 60629Cook County

$134,900
5806 Talman
5 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts

137 days on market
2-car garage
41 x 110
$2,054/yr taxes
Price reduced $35,000
$880
estimated monthly payment
Principal & Interest
$709/mo
Property Tax
$171/mo
$134,900
20% — $26,980
3%50%
6.875%
3%12%
Loan Amount
$107,920
Down Payment
$26,980

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

Listed by
RE/MAX Premier
Agent: Ryan Smith
REALTOR® Logo
Equal Housing Opportunity Logo
Equal Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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