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Triplex with Two-Car Garage
For Sale
Under Contract
$699,000

5723 N TALMAN Avenue, Chicago, IL 60659

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market65

Property Features for 5723 N TALMAN Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 7, Bathroom 4, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 8, Bathroom 1, Basement, Bedroom 5, Bedroom 3, Bedroom 9, Bedroom 4
Parking 4
Parking features Driveway, Garage, Open
Patio and Porch features Patio
Fencing Fenced
Basement Full, Finished
Elementary school Jamieson Elementary School
High school Mather High School
Elementary school district 299
Middle school district 299
High school district 299
Directions LINCOLN JUST NORTH OF BRYN MAWR TO TALMAN NORTH TO PROPERTY
Subdivision CHI - West Ridge
Standard status Active Under Contract
APN 13014190120000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10648

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Baseboard, Natural Gas

Amenities

private fenced yard

Building Details

Year built 1923
Building materials Brick
Roof type Flat
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Tu Nguyen · License #471022862
Added: Jun 15 Changed: Aug 2 Last Checked: Aug 18 at 6:06AM
MLS# 12678994

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Well-maintained, all-brick triplex at 5723 N Talman Avenue that’s described as a legal 2-unit plus an additional garden unit in ARCADIA TERRACE, for three total units. Each unit features three bedrooms and one bath, with extra-large living rooms, formal dining rooms, and generous kitchen space. A fully finished basement adds additional living or income flexibility, with three bedrooms and one bath. The property includes a private fenced yard with a gate and patio, plus a 2-car brick garage and driveway/open parking.

Key updates noted include basement finish in 2017, second-floor rehab in 2020, a new three-furnace system in 2024, and updated central air systems. Heating is listed as other (heating), baseboard, and natural gas. The roof is flat, and sewer service is public sewer. Zoning is MULTI.

The property is currently tenant-occupied with long-term tenants, and is being sold as-is. It may suit an owner-occupant or an investor looking for a multi-unit setup.

Key Highlights

  • All‑brick triplex built in 1923 with flat roof
  • Legal three‑unit setup: 2‑unit plus garden unit, each with 3 bedrooms and 1 bath
  • Fully finished basement with 3 bedrooms and 1 bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Skin Care Clinic Law Firm (Bike/Boat/Book/etc) Store Pet Grooming Service Veterinary Clinic Florist

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,083
Businesses Nearby

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three-unit triplex with finished basement, fenced yard, and updated mechanical systems including a 2024 three-furnace setup.
Where is this triplex located?
The property is located at 5723 N TALMAN Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: All‑brick triplex built in 1923 with flat roof; Legal three‑unit setup: 2‑unit plus garden unit, each with 3 bedrooms and 1 bath; Fully finished basement with 3 bedrooms and 1 bath
More about this property
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