$110,000
$134,900
18.5%For more information regarding the value of a property, please contact us for a free consultation.
5806 S Talman AVE Chicago, IL 60629
5 Beds
2 Baths
Key Details
Sold Price $110,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12455003
Sold Date 02/05/26
Bedrooms 5
Year Built 1908
Annual Tax Amount $2,054
Tax Year 2023
Lot Dimensions 41 x 110
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Chi - Gage Park
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Building Description Frame, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition REO/Lender Owned
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Stephen Norton of Kale Realty
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