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$785,000

5653 Talman Ave

Chicago, IL
Active
8
Bedrooms
1922
Year Built
69
Days On Market

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.

Listing Information

Listing Updated
13 days ago
Listed By
Svetlana Oleinik · HomeSmart Connect, 8474955000
MLS#
12741671
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
5653 N Talman Ave, Chicago, IL 60659
City
Chicago
County
Cook
Zip Code
60659

Architecture

Bedrooms
8
Year Built
1922
Construction Materials
Brick
Foundation
Concrete Perimeter
Garage
Yes
Garage Spaces
2
Parking Features
Garage, Detached

Features & Amenities

Heating
Forced Air

Property Features

Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$785,000
Annual Taxes
$12,456

Schools

86/100
Northside College Preparatory High School
High · Grades 09–12 · 0.7 mi
City
Chicago
Students
1,061
Student–teacher
14.9
Parent reviews
5.0★ avg · 4 reviews
Student body
35% White · 28% Hispanic / Latino · 23% Asian
Free/reduced lunch
36%
Phone
(773) 534-3954
79/100
Jamieson Elementary School
Elementary · Grades PK–08 · 0.3 mi
City
Chicago
Students
825
Student–teacher
13.9
Parent reviews
5.0★ avg · 2 reviews
Student body
34% Asian · 32% Hispanic / Latino · 23% White
Free/reduced lunch
68%
Phone
(773) 534-2395
76/100
Clinton Elementary School
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
1,039
Parent reviews
5.0★ avg · 2 reviews
Student body
46% Asian · 27% Hispanic / Latino · 14% Black
Free/reduced lunch
88%
Phone
(773) 534-2025
76/100
Peterson Elementary School
Elementary · Grades PK–08 · 0.9 mi
City
Chicago
Students
896
Parent reviews
5.0★ avg · 2 reviews
Student body
39% Hispanic / Latino · 29% White · 21% Asian
Free/reduced lunch
68%
Phone
(773) 534-5070
70/100
Stone Elementary Scholastic Academy
Elementary · Grades KG–08 · 0.9 mi
City
Chicago
Students
616
Parent reviews
4.0★ avg · 2 reviews
Student body
28% White · 28% Asian · 23% Black
Free/reduced lunch
53%
Phone
(773) 534-2045
58/100
Chappell Elementary School
Elementary · Grades PK–08 · 0.9 mi
City
Chicago
Students
534
Parent reviews
3.0★ avg · 4 reviews
Student body
48% Hispanic / Latino · 36% White · 7% Two or More Races
Phone
(773) 534-2390
54/100
Mather High School
High · Grades 09–12 · 0.4 mi
City
Chicago
Students
1,777
Student body
50% Hispanic / Latino · 20% Asian · 15% Black
Free/reduced lunch
81%
Phone
(773) 534-2350
52/100
Budlong Elementary School
Elementary · Grades PK–08 · 0.7 mi
City
Chicago
Students
780
Student body
41% Hispanic / Latino · 26% White · 18% Asian
Free/reduced lunch
84%
Phone
(773) 534-2591

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/25/2026Listed for sale$785,000

Listed by Svetlana Oleinik · HomeSmart Connect · 8474955000

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 20, 2026 at 8:03 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12741671

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