4907 N Talman Avenue
Chicago, IL 60625

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $1,075,000

About this home

Once in a life time opportunity to own this Grand Dame jumbo 3 unit building in Lincoln Square on an extra wide 35ft lot, this property features enormous 1900 sq. ft units with extra-high ceilings and enormous rooms, including huge 23 x 20 living rooms, huge separate dining rooms and bedrooms large enough for king-size beds. Hardwood floors throughout grace each unit, accentuating the timeless character of French doors, original moldings, and built-in cabinets. Inside, discover original wood-burning fireplaces, large formal dining rooms, separate family rooms, and custom lighting fixtures & Fixtures .Recent renovations include updated kitchens with stainless appliances, granite counters, and custom backsplashes, as well as new 1/2 bathrooms, in-unit washers and dryers, windows, roof, boiler, piping, and electric service.Enjoy the luxury of a gorgeous landscaped backyard with new pavers, complemented by a new 3-car garage. With a proforma income of $97, 200 per year, this property presents an exceptional investment opportunity. Current rents do not include parking, adding further income potential.Don't miss your chance to own this once-in-a-lifetime property, where historic charm meets modern luxury. Schedule your viewing today! Garden $1300 Mo/Mo, 1st floor owner occupied, 2nd floor $3000 till 6/30/2025.

Property details

Interior Features
Additional Rooms Foyer
Basement Description Partially Finished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 5
Full Baths in Building Count 3
Half Baths in Building Count 2
Total Rooms 18
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Hardwood Floors
Full Baths Total 1
Lease Expiration Date MO-MO
Rooms Total 2
Tenant Pays Electric
Floor Number G
Square Feet 1000
unit 2
Beds Total 3
Baths Total 2
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Window Air Conditioner, Fireplace-Gas, Range Hood, Hardwood Floors
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date MO-MO
Rooms Total 7
Tenant Pays Electric
Floor Number 1
Square Feet 1900
unit 3
Beds Total 3
Baths Total 2
Actual Rent 3000
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Window Air Conditioner, Fireplace-Gas, Hardwood Floors
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date 06/25
Rooms Total 7
Tenant Pays Electric
Floor Number 2
Square Feet 1900
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1922
Parking Total 3
Exterior Building Type Brick
Foundation Concrete Perimeter
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 3
Parking Garage
Roof Type Rubber
MRD Virtual Tour None
Virtual Tour Date 06/03/2024 7:19 pm
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights
Area Major CHI - Lincoln Square
Corporate Limits Chicago
Directions LAWRENCE TO TALMAN. NORTH TO 4907. WEST OF WESTERN
Elementary Sch Dist 299
Heat/Fuel Steam, Radiator(s)
High Sch Dist 299
Sewer Sewer-Storm
Water Lake Michigan
Jr High/Middle Dist 299
Township North Chicago
Property / Lot Details
Lot Dimensions 35 X 125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Cash
Fuel Expense $2,724
Fuel Expense Source Actual
Insurance Expense $3,100
Insurance Expense Source Actual
Rental Income 4300.0
Investment Profile Residential Income
Water Expense $3,000

Tax/Assessments/Liens

PIN 13124140140000
Special Assessments N
Taxes $13,278
Tax Exemptions Homeowner
Tax Year 2022
$1,075,000 Listing Price:
MLS # 12070850
Investment Profile Residential Income
Listing Market Time 61 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 06/05/2024
Year Built 1922
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