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Brick Duplex with Garage
New
For Sale
$835,000

2950 N Talman Avenue, Chicago, IL 60618

Well-maintained brick duplex with a two-bedroom rental unit, updated kitchens, and outdoor living space.

Property SizeContact for details
Days on Market5

Property Features for 2950 N Talman Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 2BR/2BA, 1 x 2BR
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $7,827

Amenities

stainless steel appliances
granite countertops
hardwood floors
washer/dryer
patio

Building Details

Year Built 1920
Buildings 1
Construction brick
Listing Agency: Joanne C Gross & Associates In
Listed By: Joanne Gross
Source: Dawnmckennagroup
Added: Sep 21 Changed: Sep 23 Last Checked: Sep 24 at 4:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joanne C Gross & Associates In

Investment Insights

Based on property information with market context.

Built in 1920, this brick duplex includes an owner’s residence and a separate two-bedroom rental unit. The owner’s layout features two bedrooms, two full baths, an open kitchen and living area, stainless steel appliances, wood cabinetry, and granite countertops. The lower level adds a family room, bedroom, full bath, and laundry area. The additional unit offers living, dining, and kitchen spaces with hardwood floors, matching cabinetry, granite counters, stainless steel appliances, and its own washer and dryer.

Exterior features include a backyard with patio space and a two-car garage. The property is near restaurants including Eden, Soul, and Smoke, with access to downtown and the expressway described as minutes away.

Key Highlights

  • Owner’s duplex plus a separate 2‑bedroom rental unit
  • Two‑car garage and backyard patio
  • Owner’s unit includes 2 bedrooms and 2 full baths

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Butcher Nursing Home Bed & Breakfast Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,024
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained brick duplex with a two-bedroom rental unit, updated kitchens, and outdoor living space.
Where is this duplex located?
The property is located at 2950 N Talman Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Owner’s duplex plus a separate 2‑bedroom rental unit; Two‑car garage and backyard patio; Owner’s unit includes 2 bedrooms and 2 full baths
More about this property
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