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.
Contingent
$459,900
7230 S Talman Ave, Chicago, IL 60629
7beds
--sqft
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutsSeparate coach houseTwo spacious unitsComfortable living spaceTwo-unit main building
- 52 days
- 135
- 14
Zillow last checked:
Listing updated:
Listed by:
Amal Khalil (312)208-4232,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12700906
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 19252100300000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $551,690
- Annual tax amount: $11,133
- Date on market: 7/13/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$3,102/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Contingent | $459,900 |
Source:  MRED as distributed by MLS GRID #12700906 Report a problem | ||
| 7/13/2026 | Listed for sale | $459,900-2.1% |
Source: MRED as distributed by MLS GRID #12700906 Report a problem | ||
| 7/7/2026 | Listing removed | $469,900 |
Source: MRED as distributed by MLS GRID #12616523 Report a problem | ||
| 6/24/2026 | Price change | $469,900-2.1% |
Source: MRED as distributed by MLS GRID #12616523 Report a problem | ||
| 5/12/2026 | Price change | $479,900-2% |
Source: MRED as distributed by MLS GRID #12616523 Report a problem | ||
| 4/22/2026 | Listed for sale | $489,900+19.5% |
Source: MRED as distributed by MLS GRID #12616523 Report a problem | ||
| 10/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/2/2022 | Listed for rent | $1,400 |
Source: Zillow Rental Manager Report a problem | ||
| 3/14/2022 | Sold | $410,000-1.4% |
Source: MRED as distributed by MLS GRID #11314960 Report a problem | ||
| 2/25/2022 | Contingent | $415,999 |
Source: MRED as distributed by MLS GRID #11314960 Report a problem | ||
| 2/1/2022 | Listed for sale | $415,999+6.7% |
Source: MRED as distributed by MLS GRID #11314960 Report a problem | ||
| 4/30/2021 | Sold | $390,000-2.5% |
Source: MRED as distributed by MLS GRID #11000204 Report a problem | ||
| 3/2/2021 | Contingent | $400,000 |
Source: MRED as distributed by MLS GRID #11000204 Report a problem | ||
| 2/21/2021 | Listed for sale | $400,000+40.4% |
Source: MRED as distributed by MLS GRID #11000204 Report a problem | ||
| 12/18/2019 | Sold | $285,000+86.9% |
Source: Public Record Report a problem | ||
| 6/8/2017 | Sold | $152,500+154.2% |
Source: Public Record Report a problem | ||
| 10/29/2014 | Sold | $60,000-76.9% |
Source: Public Record Report a problem | ||
| 6/20/2005 | Sold | $260,000+179.6% |
Source: Public Record Report a problem | ||
| 4/20/1998 | Sold | $93,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,133 +128.2% | $55,169 +139.9% |
| 2023 | $4,879 +2.6% | $22,999 |
| 2022 | $4,757 +2.9% | $22,999 |
| 2021 | $4,625 +6.1% | $22,999 +18.3% |
| 2020 | $4,358 -2.5% | $19,434 -12.1% |
| 2019 | $4,470 +1.7% | $22,108 |
| 2018 | $4,395 +4.7% | $22,108 +20.5% |
| 2017 | $4,197 +7.7% | $18,342 |
| 2016 | $3,898 +288.8% | $18,342 +256.7% |
| 2015 | $1,002 -60.7% | $5,142 -60.1% |
| 2014 | $2,548 -25% | $12,875 -26.3% |
| 2013 | $3,396 +1% | $17,481 |
| 2012 | $3,364 -36.6% | $17,481 -42.2% |
| 2011 | $5,303 +4.4% | $30,263 |
| 2009 | $5,078 -1.7% | $30,263 -10.2% |
| 2008 | $5,164 +0.9% | $33,711 |
| 2007 | $5,116 -0.6% | $33,711 |
| 2006 | $5,148 +56.7% | $33,711 +78.5% |
| 2005 | $3,285 +0.3% | $18,888 |
| 2004 | $3,276 +37.2% | $18,888 |
| 2003 | $2,388 -5.3% | $18,888 +25% |
| 2002 | $2,522 +5.9% | $15,111 |
| 2001 | $2,381 -4.3% | $15,111 |
| 2000 | $2,489 -13.7% | $15,111 +5.9% |
| 1999 | $2,885 | $14,266 |
Find assessor info on the county website
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Neighborhood: Marquette Park
Nearby schools
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