Home Details for 1640 N Talman Avenue

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.

• Heating Information

  • Natural Gas
  • Forced Air

• Parking

  • Alley Access
  • On Site

• Basement

  • Finished
  • Full