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$785,000
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Property 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.
Full Property Details
Full Property Details for 5653 N Talman Ave
General
- Price: $785,000
- Taxes: $12,456 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12741671
- Updated: 10/7/2026
- Added to Site: 47 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 3
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - West Ridge
- County: Cook
- Township: Jefferson
- Driving Directions: Lincoln Ave East of California North to Talman
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Year Built: 1922
- Built Before 1978: Yes
- Remodeled/Updated: 2019
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1922
- Tax Amount: $12,456
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13014280020000
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Schools
Schools serving 5653 N Talman Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Jamieson Elementary School 5650 North Mozart Street, Chicago, IL 60659 | K-8 | 0.3 mi |
Mather High School 5835 North Lincoln Avenue, Chicago, IL 60659 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5653 N Talman Ave
Date
Details
Price
Change
Source
8/24/2026
Listed
$785,000
22.66%
MLS
1/06/2021
Sold
$640,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5653 N Talman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,541
—
$62,000
100%
2023
$6,541
3%
$31,003
—
2022
$6,377
2%
$31,003
—
2021
$6,234
-16%
$31,003
-7%
2020
$7,430
-4%
$33,353
-13%
2019
$7,702
12%
$38,337
—
2018
$6,894
-5%
$38,337
4%
2017
$7,236
5%
$36,988
—
2016
$6,908
10%
$36,988
—
2015
$6,297
12%
$36,988
12%
2014
$5,635
2%
$32,939
—
2013
$5,513
1%
$32,939
—
2012
$5,463
—
$32,939
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5653 N Talman Ave
5653 N Talman Avenue, Chicago, IL 60659 (MLS# 12741671) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 5653 N Talman Avenue is currently listed for $785,000 and was received on August 24, 2026. Want to learn more about 5653 N Talman Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Ridge? You can browse all West Ridge real estate or contact a Coldwell Banker agent to request more information.

