5806 S Talman Avenue Chicago IL 60629 MLS #MRD12455003

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Located in sought after Gage Park, this is a rare two unit property which offers an unlimited amount of upside and potential. The building offers a unit on the main level that features a spacious kitchen, two bedrooms along with a large living room! The second level is the more spacious of the two units with a larger living room along with a formal dining room. This unit offers three bedrooms, one bath. This building needs updates but has unlimited potential, can be used as the current use of a multi unit while creating passive cash flow in each unit, another option is to convert to a single family residence while building equity or live in one unit and rent out the other! Rarely do you find a multi unit in Gage Park under $200K this building will not last at this price basis and should not be overlooked!

Property Details

Price:
$159,900
MLS #:
MRD12455003
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
chigagepark
Listed Date:
Aug 25, 2025
Year Built:
1908
Chi – Gage ParkChigagepark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Frame
Parking Features
On Site, Detached, Garage
Parking Spots
2

Financial

Tax Year
2023
Taxes
$2,054

Listing Agent & Office

Ryan Smith
RE/MAX Premier

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