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$300,000   Price Analysis
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4408 S Talman Ave
Chicago, IL 60632
4 bed 4 bath 2,540 SqFt ($118/SqFt)
3,125SqFt lot. Built 1915
Listed 2024-02-01, Taxes $3,269
Ⓧ USDA Ineligible
due to location

near Chicago

Great opportunity to own a 2-flat ren tal income property or a single family home reconversion project!

The entire building is in good condition and well maintained by the owner and property manager. This property is perfect to live in and rent. Huge upside: The partially finished basement features a new full bathroom and is ready to be completely finished to mke for a 1st floor unit expansion or separate garden unit.

Easy access to highways, shopping, hospitals, schools. Detached, two-car garage.


Presented by Jason Hinsley at
@properties Elmhurst.
Listing Agent Photo

Property MLS #11971663 from MRED

Bedrooms: 4
Bedrooms Possible: 4

Total Rooms: 11
Basement Features: Partial
Basement Description: Partially Finished

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Natural Gas, Forced Air, Radiator(s)

Lot Size Acres: 0.0717401
Lot Size Dimensions: 25X125
Lot Size Square Feet: 3125

Garage Spaces: 2
Garage Description: Detached
Garage Features: Garage Door Opener(s)
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 299

Shields Elementary School is a public elementary school located approximately 0.2 miles away.
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Thomas Kelly College Preparatory is a public high school located approximately 0.4 miles away.
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Shields Middle School is a public elementary and middle school located approximately 0.5 miles away.
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Pope John Paul Ii Catholic School is a private elementary and middle school located approximately 0.3 miles away.
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Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Half Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 6
Unit-1 Square Feet: 954
Unit-2 Square Feet: 1586
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 920

Annual Tax Amount: 3309.61
Source Listing Status: Active
County: Cook
Directions: E on W 45th street to S Talman Ave, one way north to property. Property is on the W side of S Talman Ave.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 19014100240000
Township: Jefferson
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$11,432 + $3,150
$14,582
$3,269
2019$13,806 + $3,150
$16,956
$3,428
2018$13,806 + $3,150
$16,956
$3,371
2017$11,258 + $2,835
$14,093
$3,053
2016$11,258 + $2,835
$14,093
$2,841
2015$11,258 + $2,835
$14,093
$2,601
2014$11,273 + $2,677
$13,950
$2,608
2013$11,273 + $2,677
$13,950
$2,557
2012$11,273 + $2,677
$13,950
$2,523
2011$16,771 + $3,465
$20,236
$3,301
2010$16,771 + $3,465
$20,236
$3,316
2009$16,771 + $3,465
$20,236
$3,180
2007$20,480 + $5,417
$25,897
$3,708
2006$20,480 + $5,417
$25,897
$1,683

Price Changed 2024-05-07
$300,000
MRED
Price Changed 2024-04-04
$319,000
MRED
Listed 2024-02-01
$339,000
MRED
Sold 2007-08-17
$282,000
Public Record
Sold 1991-06-11
$110,000
Public Record
Sold 1987-09-01
$58,000
Public Record
Sold 1979-10-31
$26,500
Public Record

Year Built: 1915
Property Age: 109

Sewer: Public Sewer
Water Source: Lake Michigan
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.