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Price cut: $10,000
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Two to Four Units · Chicago, IL
$479,900$489,900
7 beds · 3 baths
7230 S Talman Avenue, Chicago, IL, 60629
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What’s special

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.
— the listing agent’s description

The home

7 beds
3 baths
Built in 1926
0.08-acre lot
Two to Four Units

What it’ll cost

$11,133 taxes / yr
No HOA
Listed $489,900
Now $479,900
26 days on dwello

Estimated monthly payment

$3,620/mo
Principal & interest$2,552
Property taxes$928
Homeowners insurance$140
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
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26 days on dwello
Price history
Price reduced
May 17, 2026
↓ $10,000$479,900
Listed for sale
Apr 22, 2026
$489,900
Now $10,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$11,133/yr
Assessed value
2025
County assessor
$55,169~$551,690 mkt
2024
$55,169~$551,690 mkt
2023
$23,000~$230,000 mkt
2022
$23,000~$230,000 mkt
2021
$23,000~$230,000 mkt
2020
$19,434~$194,340 mkt
2019
$22,108~$221,080 mkt
2018
$22,108~$221,080 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasBrickPublic Sewer
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Amal Khalil · Coldwell Banker Realty
Listing last updated May 17, 2026 · data refreshed from the MLS Jun 17, 2026, 6:17 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:17 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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