7230 S Talman Ave Chicago, IL 60629
Marquette Park NeighborhoodEstimated payment $3,466/month
About This Home
Exceptional investment opportunity in Chicago's Marquette Park neighborhood! This versatile property features a two-unit main building plus a separate coach house, offering three total income-generating units on one lot. The main building includes two spacious units, each offering 2 bedrooms and 1 bathroom with functional layouts and comfortable living space. The rear coach house adds even more value with a 3-bedroom, 1-bath unit-ideal for maximizing rental income, multigenerational living, or an owner-occupant setup. With multiple streams of income and a desirable unit mix, this property is perfect for investors looking to expand their portfolio or buyers seeking to supplement their mortgage with rental income. Property taxes currently do not reflect a homeowner's exemption, presenting a potential opportunity for reduced taxes if owner-occupied. Conveniently located near parks, schools, shopping, and public transportation, this property benefits from strong rental demand and long-term growth potential.
Listing Agent
Coldwell Banker Realty Brokerage Phone: (312) 208-4232 License #475182729 Listed on: 07/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,133
Year Built
- Built in 1926
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- 3,485 Sq Ft Lot
Community Details
- 3 Units
- Gross Income $3,725
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,879 | $55,169 | $1,890 | $53,279 |
| 2024 | $4,879 | $55,169 | $1,890 | $53,279 |
| 2023 | $4,757 | $23,000 | $3,024 | $19,976 |
| 2022 | $4,757 | $23,000 | $3,024 | $19,976 |
| 2021 | $4,625 | $22,999 | $3,024 | $19,975 |
| 2020 | $4,358 | $19,434 | $3,024 | $16,410 |
| 2019 | $4,470 | $22,108 | $3,024 | $19,084 |
| 2018 | $4,395 | $22,108 | $3,024 | $19,084 |
| 2017 | $4,197 | $18,342 | $2,646 | $15,696 |
| 2016 | $3,898 | $18,342 | $2,646 | $15,696 |
| 2015 | $1,002 | $5,142 | $2,646 | $2,496 |
| 2014 | $2,548 | $12,875 | $2,457 | $10,418 |
| 2013 | $3,396 | $17,481 | $2,457 | $15,024 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/17/2026 08/17/26 | Pending | -- | -- | -- | |
| 07/13/2026 07/13/26 | For Sale | $459,900 | +12.2% | -- | |
| 03/14/2022 03/14/22 | Sold | $410,000 | -1.4% | $465 / Sq Ft | View Prior Sale |
| 02/08/2022 02/08/22 | Pending | -- | -- | -- | |
| 02/01/2022 02/01/22 | For Sale | $415,999 | +6.7% | $472 / Sq Ft | |
| 05/01/2021 05/01/21 | Off Market | $390,000 | -- | -- | |
| 04/30/2021 04/30/21 | Sold | $390,000 | -2.5% | $442 / Sq Ft | View Prior Sale |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- | |
| 02/21/2021 02/21/21 | For Sale | $400,000 | -- | $454 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | -- | |
| Warranty Deed | $390,000 | Citywide Title Corporation | |
| Warranty Deed | $285,000 | Chicago Title | |
| Warranty Deed | $152,500 | None Available | |
| Deed | -- | Chicago Title Land Trust Co | |
| Special Warranty Deed | $60,000 | Chicago Title Land Trust 800 | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $260,000 | Attorneys Title Guaranty Fun | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $93,000 | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $402,573 | No Value Available | |
| Previous Owner | $382,936 | FHA | |
| Previous Owner | $279,837 | FHA | |
| Previous Owner | $147,283 | FHA | |
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $160,000 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12700906
APN: 19-25-210-030
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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