About This Home

This 8-bedroom, 3-bathroom residential multi family at 5653 N Talman Avenue in Chicago, IL is listed for $785,000. Built in 1922, on a N/A lot.

Key Features

  • Built in 1922
  • 3 parking spaces

Property Details

3 full
2-car garage
1922
Listing Description

Excellent income-producing opportunity in the desirable Arcadia Terrace neighborhood of West Ridge. This beautifully updated all-brick 2-unit building offers exceptional flexibility for investors and owner-occupants alike, with two spacious 3-bedroom, 1-bathroom main units plus additional garden-level living space featuring 2 bedrooms and 1 bathroom.

An owner-occupant can live comfortably in one main unit while renting the other, with additional rental potential from the garden-level space, subject to applicable use and occupancy requirements. A full cosmetic renovation was completed in 2019, including modern kitchens with stainless steel appliances and quartz countertops, updated bathrooms, and hardwood floors throughout the main units.

The second-floor unit includes convenient in-unit laundry, while additional coin-operated laundry is available on the garden level. Enjoy a shared outdoor courtyard, perfect for relaxing or entertaining. Parking is a standout advantage, with a detached 2-car garage plus an exterior parking space for a third vehicle.

Ideally located near West Ridge Nature Park, shopping, restaurants, schools, and public transportation, this well-maintained property combines flexible living arrangements, strong rental potential, valuable parking, and shared outdoor space in a highly desirable neighborhood.

Monthly Cost Estimate

$4,198/mo

20% down · 6.5% · 30 years

Principal$568
Interest$3,402
Insurance$229

Estimates only. Actual payments may vary.

Location

5653 N Talman Avenue

Chicago, IL 60659

Property Details

Construction

Brick

Parking

Garage

Heating

Forced AirNatural Gas

Questions & Answers

This 8-bedroom, 3-bathroom residential multi family at 5653 N Talman Avenue is listed at $785,000. The estimated monthly payment is $4,198 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1922, 3 parking spaces.

This property is listed by Svetlana Oleinik.

SO

Svetlana Oleinik

Agent at HomeSmart Connect Real Estate

Listed by HomeSmart Connect Real Estate · Broker phone: (847) 495-5000 · View on Broker Site · Broker website

MLS# 12741671· Source: Midwest Real Estate Data, LLC· 68 days on PropertySimple

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.

5653 N Talman Avenue, Chicago, IL 60659

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