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2503 N Talman Avenue

Chicago, IL 60647
  • $1,100,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 11380325
UPDATED: 165 min ago
$1,100,000
  • 8
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1895
County:

School Ratings & Info

School District:
299

Description

Unreal Owners unit with huge upside investment opportunity for this 3 unit building in prime logan square location. The coach house lives like a SFH and has been completely gut rehabbed. It has 3 bedrooms upstairs and a finished basement with great ceiling height. Laundry is in this unit as well. Rent should be closer to $3,500/ month. Can walk through rent comps and former leases. Very low maintenance required with this great investment opportunity The top floor unit in front building has been rehabbed as well and should be rented closer to $2,500/month. It is a 3 bed 1 bath. Laundry is in the basement of front house for 2 units in main building. Lots of potential with the first floor unit that is a 2 bed 1 bath and has not been updated but is nice with hardwood floors and open floor plan. Could use easy cosmetic rehab to seriously increase rent and cap rates.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2022-05-19T23:59:08.03 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2503 N Talman Avenue Chicago, IL 60647

  • Price: $1,100,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 165 min ago
  • MLS #: 11380325
8
Beds
0
Baths
0
½ Baths
0.07
Acres
1895
Built
Neighborhood:
Chi - Logan Square
County:
Cook
Area:
Chi - Logan Square
School District:
299
Property Description
Unreal Owners unit with huge upside investment opportunity for this 3 unit building in prime logan square location. The coach house lives like a SFH and has been completely gut rehabbed. It has 3 bedrooms upstairs and a finished basement with great ceiling height. Laundry is in this unit as well. Rent should be closer to $3,500/ month. Can walk through rent comps and former leases. Very low maintenance required with this great investment opportunity The top floor unit in front building has been rehabbed as well and should be rented closer to $2,500/month. It is a 3 bed 1 bath. Laundry is in the basement of front house for 2 units in main building. Lots of potential with the first floor unit that is a 2 bed 1 bath and has not been updated but is nice with hardwood floors and open floor plan. Could use easy cosmetic rehab to seriously increase rent and cap rates.
Exterior Features

Exterior Building Type BrickLimestone Lot Size Less Than .25 Acre Multi Family Type 4 Flat Parking Details None Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasRadiator(S) Rooms Total 17

Property Features

Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2018 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 12916 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 80880 Township West Chicago Type Two To Four Units Water Source Public Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2022-05-19T23:59:08.03 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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