2513 N Talman Avenue $839,900

    Close

    2513 N Talman Avenue Chicago-Logan Square, IL 60647

    • 6 Beds
    • 3 Baths
    • Multi-Family
    • MLS# 10938034
    Favorite Share
    Views: 0 Days On Site: 5

    Go Tour This Home

    Schedule A Showing

    Property Details

    We are pleased to present a once-in-a-generation opportunity to acquire this immaculately maintained 3-unit building nestled just below historic Logan Boulevard on highly desirable, tree-lined Talman Ave. Currently configured as three two bedroom one bathroom apartments, all units feature high ceilings, hardwood floors, galley kitchens, tall windows and tons of light! Closely held since 1992, this little charmer (although grossly under-rented) offers the astute investor an opportunity to acquire a very well-located, cash-flowing asset. Proforma cap rate is 8%. Alternatively, the savvy homeowner will no doubt see the wisdom in acquiring this property with the intent to reside in one unit and reap the rewards of collecting rental income on the other two! No matter how you slice it, this quality asset will enhance any investor's or owner-occupant's portfolio. Need to get to the pre-Covid-19 office? Public transportation is virtually at your doorstep; just a quick 10-minute walk to the California Blue Line and less-than a 5-minute jaunt to the # 74 Fullerton Ave CTA Bus. Need provisions? National, big box retail and grocers are a mere 5 minutes away at Elston & Logan. Need to get out of Dodge? The Kennedy Expressway is a 4-minute drive from your garage. Feeling a bit explore-y? Setting the heart of Logan Square as your destination, why not stroll The Boulevard Westward for 14 minutes, gawking (reverently) at the pure architectural magnificence of your neighbors' Boulevard-fronting homes?

    • General Features
      • Area CHI - Logan Square
      • County Or Parish Cook
      • Electric Expense 1382
      • Gross Income 50120
      • Net Operating Income 36875
      • New Construction Y/N No
      • Ownership Fee Simple
      • Special Listing Conditions None
      • Tax Annual Amount 9572.5
      • Tax Year 2019
      • Township Lake
    • Building Features
      • Basement None
      • Bedrooms (Below Grade) 0
      • Garage Spaces 2
      • Heating Natural Gas, Forced Air
      • Rooms Total 15
      • Sewer Public Sewer
    • Property Features
      • Lot Size Dimensions 25 X 125
      • Parcel Number 13254190140000
      • Water Source Lake Michigan
      • Waterfront Y/N No
    • Schools
      • Elementary School District 299
      • High School District 299
      • Middle Or Junior School District 299

    Contact

    Neighborhood

    60647 (Chicago-Logan Square) Demographics

    31 Median Age
    22,084 Population Density (per sq. mile)
    51% College Educated
    $61,028 Estimated Median Income
    12,583 Estimated Total Home Owners
    21,503 Estimated Total Renters
    37% / 63% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    88,866 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $503,000 Median Sales Price
    93 Homes Sold
    151 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $839,900
        11/20/2020 10:04:00 AM New in Database Source New Value: $839,900

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than MCF Realty Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. © 2020 Midwest Real Estate Data LLC. All rights reserved. Information Deemed Reliable but Not Guaranteed. Listing information from this property search is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Based on information submitted to the MRED as of 11/25/2020 5:19:07 AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
        The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
        The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.