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$725,000
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Property Description
ARCADIA TERRACE - Well-maintained and nicely updated brick 2-flat, 3units have 9 beds 3.5 baths with spacious layouts! Each unit offers 3 bedrooms and 1 bath, featuring extra-large living rooms, formal dining rooms, and generous kitchen space. Fully finished basement with 3 bedrooms and 1 bath, offering great additional living space or income potential. Major updates include: basement finished (2017), second-floor rehab (2020), new 3-furnace system (2024), and updated central air systems for added comfort. Enjoy a private fenced yard with gate, providing up to 2 additional exterior parking spaces, plus a 2-car brick garage. Currently tenant-occupied with long-term tenants at below-market rents, offering strong upside potential. Perfect for an owner-occupant or investor. Property is being sold as-is.
Full Property Details
Full Property Details for 5723 N Talman Ave
General
- Price: $725,000
- Taxes: $10,648 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12667159
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Ceiling Fan(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Driveway, Garage Faces Side, Garage
Location
- Area: CHI - West Ridge
- County: Cook
- Township: Jefferson
- Driving Directions: LINCOLN JUST NORTH OF BRYN MAWR TO TALMAN NORTH TO PROPERTY
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Jamieson Elementary School
- High School: Mather High School
- Private School: Mather High School
Heating & Cooling
- Heating Type: Natural Gas, Baseboard, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Model: 2-FLAT
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1923
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Unit Information
- Units in Building: 2
Manufactured Home
- Model: 2-FLAT
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 30 x 124
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1923
- Tax Amount: $10,648.14
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 13014190120000
Listed by Century 21 Circle
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Schools
Schools serving 5723 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 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 5723 N Talman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,284
—
$53,000
20%
2023
$9,284
3%
$44,003
—
2022
$9,051
2%
$44,003
—
2021
$8,849
22%
$44,003
35%
2020
$7,273
-4%
$32,648
-13%
2019
$7,540
2%
$37,527
—
2018
$7,413
-12%
$37,527
-4%
2017
$8,378
15%
$38,920
—
2016
$7,295
10%
$38,920
—
2015
$6,651
8%
$38,920
9%
2014
$6,164
2%
$35,792
—
2013
$6,031
1%
$35,792
—
2012
$5,975
—
$35,792
—
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 5723 N Talman Ave
5723 N Talman Avenue, Chicago, IL 60659 (MLS# 12667159) is a Multi-Family property with 2 units containing 9 bedrooms and 0 full bathrooms. 5723 N Talman Avenue is currently listed for $725,000 and was received on June 03, 2026. Want to learn more about 5723 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.

