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    5653 N Talman Ave Chicago, IL 60659

    For Sale
    $765,000

    Residential Income - Chicago, IL

    Days on Market:
    10
    Last Refresh:
    Dec 11 at 8:06 pm

    Property Features for 5653 N Talman Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    13014280020000
    Parking
    3

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1922
    Architectural style
    Other

    HomeSmart Connect Real Estate (847) 495-5000 [email protected]

    Listing agent Svetlana Oleinik (847) 495-5000 License #475186964

    Listing date Dec 2, 2025

    MLS# 12516094 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Chicago Multifamily Investment Property

    This is an updated all-brick 2-unit building with a garden apartment, presenting a great investment opportunity. A full cosmetic rehabilitation was completed in 2019. The property features modern kitchens equipped with stainless steel appliances and quartz countertops. Updated bathrooms and hardwood floors are present throughout the main units. Each 3-bedroom unit is equipped with separate heat and central air conditioning. The second-floor apartment includes in-unit laundry. A coin-operated laundry is shared between the garden and first-floor units. The property includes a detached 2-car garage, along with an additional exterior parking space for a third car. The location is in a desirable neighborhood, with proximity to shops, restaurants, and public transportation. Two units feature 3 bedrooms and 1 bath, while the garden unit offers 2 bedrooms and 1 bath. This property is an income-producing property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dan Cruz: Realtor ... Real Estate Agency

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6952183
    Latitude
    41.984652

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    FAQs

    What type of property is this?
    Duplex - Updated 2-unit building with garden apartment in desirable Chicago location.
    Where is this duplex located?
    The property is located at 5653 N Talman Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: - Updated 2-unit building with a garden apartment, offering income potential.; - **Full cosmetic rehab completed in 2019 with modern kitchens, stainless steel appliances, quartz countertops, updated bathrooms, and hardwood floors.**; - Each unit has separate heat and central air conditioning.
    (847) 495-5000
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    5653 N Talman Ave Chicago, IL 60659
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    Chicago, IL 60659
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5653 N Talman Ave Chicago, IL 60659
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