Contingent

$699,000

5723 N Talman Ave, Chicago, IL 60659

9beds

--sqft

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Multi Family

Built in 1923

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Come check out this legal 2-unit plus an additional garden unit in ARCADIA TERRACE - Well-maintained and nicely updated all brick 3units have 9 beds 3.5 baths with spacious layouts! Each unit offers 3 bedrooms and 1 bath, featuring extra-large living rooms, formal dining rooms, and generous kitchen space. Fully finished basement with 3 bedrooms and 1 bath, offering great additional living space or income potential. Major updates include: basement finished (2017), second-floor rehab (2020), new 3-furnace system (2024), and updated central air systems for added comfort. Enjoy a private fenced yard with gate, providing up to 2 additional exterior parking spaces, plus a 2-car brick garage. Currently tenant-occupied with long-term tenants at below-market rents, offering strong upside potential. Perfect for an owner-occupant or investor. Property is being sold as-is.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Natural Gas, Baseboard, Radiator(s)

Features

Basement: Finished,Full

Property

Parking

Total spaces: 4
Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Driveway, Garage Faces Side, Garage
Garage spaces: 2
Has uncovered spaces: Yes

Features

Patio & porch: Patio
Fencing: Fenced

Lot

Size: 3,720 Square Feet
Dimensions: 30 X 124

Details

Parcel number: 13014190120000
Zoning: MULTI
Special conditions: List Broker Must Accompany
Other equipment: Ceiling Fan(s)

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Concrete Perimeter
Roof: Flat

Condition

New construction: No
Year built: 1923
Major remodel year: 2024

Details

Builder model: 2-FLAT

Utilities & green energy

Sewer: Public Sewer
Water: Lake Michigan

Community & HOA

Location

Region: Chicago

Financial & listing details

Tax assessed value: $530,000
Annual tax amount: $10,648
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/16/2026	Listing removed	$725,000
Source: MRED as distributed by MLS GRID #12667159 Report a problem
6/3/2026	Listed for sale	$725,000-3.3%
Source: MRED as distributed by MLS GRID #12667159 Report a problem
6/3/2026	Listing removed	$750,000
Source: MRED as distributed by MLS GRID #12628809 Report a problem
5/21/2026	Price change	$750,000-3.8%
Source: MRED as distributed by MLS GRID #12628809 Report a problem
4/24/2026	Listed for sale	$780,000+122.9%
Source: MRED as distributed by MLS GRID #12628809 Report a problem
12/22/2016	Sold	$350,000-6.7%
Source: MRED as distributed by MLS GRID #09374448 Report a problem
11/20/2016	Pending sale	$375,000
Source: Coldwell Banker Residential Brokerage - Edgebrook #09374448 Report a problem
11/17/2016	Price change	$375,000-6.2%
Source: Coldwell Banker Residential Brokerage - Edgebrook #09374448 Report a problem
10/6/2016	Listed for sale	$399,900
Source: Coldwell Banker Residential Brokerage - Edgebrook #09374448 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$53,000 +20.4%
2023	$9,284 +2.6%	$44,003
2022	$9,051 +2.3%	$44,003
2021	$8,849 +21.7%	$44,003 +34.8%
2020	$7,273 -3.5%	$32,648 -13%
2019	$7,540 +1.7%	$37,527
2018	$7,413 -11.5%	$37,527 -3.6%
2017	$8,378 +14.8%	$38,920
2016	$7,295 +9.7%	$38,920
2015	$6,651 +7.9%	$38,920 +8.7%
2014	$6,164 +2.2%	$35,792
2013	$6,031 +0.9%	$35,792
2012	$5,975 -8.3%	$35,792 -19.1%
2011	$6,515 +1.6%	$44,245
2010	$6,411 +7.3%	$44,245
2009	$5,974 -11.5%	$44,245 -17.7%
2008	$6,748 +6.5%	$53,755
2007	$6,336 +13.2%	$53,755
2006	$5,596 +9.1%	$53,755 +38.8%
2005	$5,131 +2.5%	$38,724
2004	$5,008 +3.4%	$38,724
2003	$4,841 +13.7%	$38,724 +51.7%
2002	$4,259 +4.6%	$25,528
2001	$4,070 +23.1%	$25,528
2000	$3,306 -0.3%	$25,528 +32.9%
1999	$3,316	$19,211

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Arcadia Terrace

Getting around

79 / 100

Very Walkable

50 / 100

Good Transit

74 / 100

Very Bikeable

Nearby schools

GreatSchools rating

6/10
Jamieson Elementary School
Grades: PK-8Distance: 0.3 mi
2/10
Mather High School
Grades: 9-12Distance: 0.4 mi

Schools provided by the listing agent

Elementary: Jamieson Elementary School
High: Mather High School
District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.